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December 26, 2024

Economy

Information related to the North Korea economic sector

Kim Jong Un accelerates upgrades at luxury lake resort and party office HQ
NK PRO

Kim Jong Un accelerates upgrades at luxury lake resort and party office HQ

Satellite imagery suggests DPRK has found new resources to pour into leader’s projects despite economic ‘hardships’

Kim Jong Un accelerates upgrades at luxury lake resort and party office HQ
Colin Zwirko
Colin Zwirko August 24, 2022
Why foreign offers of investment will never be attractive to Pyongyang
NK PRO

Why foreign offers of investment will never be attractive to Pyongyang

Capital growth, transparency and foreign information are anathema to Kim Jong Un, who draws power from DPRK’s isolation

Why foreign offers of investment will never be attractive to Pyongyang
Chad O'Carroll
Chad O'Carroll August 23, 2022
Rising North Korean firm takes over special economic zone at border: State media
NK PRO

Rising North Korean firm takes over special economic zone at border: State media

Pyongyang may push forward Sinuiju SEZ once land trade resumes with China, though no signs of progress are visible yet

Rising North Korean firm takes over special economic zone at border: State media
Colin Zwirko
Colin Zwirko August 22, 2022
Why South Korea’s powerful economy is still considered a developing market
KOREA PRO

Why South Korea’s powerful economy is still considered a developing market

Status contributes to undervalued stocks, but Seoul has shown little interest in required reforms

Why South Korea’s powerful economy is still considered a developing market
Peter Ward
Peter Ward August 22, 2022
North Korea and Russia ink aviation safety deal in face of increasing isolation

North Korea and Russia ink aviation safety deal in face of increasing isolation

Two sides pledge to align maintenance standards, a move an expert suggests aims to boost cooperation amid sanctions

North Korea and Russia ink aviation safety deal in face of increasing isolation
Ifang Bremer
Ifang Bremer August 22, 2022
North Korea dismantling another Hyundai Asan resort at Mt. Kumgang: Imagery
NK PRO

North Korea dismantling another Hyundai Asan resort at Mt. Kumgang: Imagery

Kumgang Pension Town latest target of efforts to remove South Korea’s properties at former inter-Korean tourism zone

North Korea dismantling another Hyundai Asan resort at Mt. Kumgang: Imagery
Colin Zwirko
Colin Zwirko August 21, 2022
Why are foreign exchange rates soaring in North Korea?
NK PRO

Why are foreign exchange rates soaring in North Korea?

Global inflation, signs of looming food shortages may be driving forex market in DPRK

Why are foreign exchange rates soaring in North Korea?
Peter Ward
Peter Ward August 19, 2022
Seoul wants to ban subterranean housing, but residents have few other options
KOREA PRO

Seoul wants to ban subterranean housing, but residents have few other options

Prohibiting semi-basement ‘banjiha’ apartments without offering affordable alternatives hurts city’s most vulnerable

Seoul wants to ban subterranean housing, but residents have few other options
Jack Greenberg
Jack Greenberg August 19, 2022
‘We hate Yoon’: Kim Yo Jong slams Seoul’s plan to denuclearize North Korea

‘We hate Yoon’: Kim Yo Jong slams Seoul’s plan to denuclearize North Korea

DPRK leader’s sister rejects all future offers and says South Korea ‘scared’ of the missile tested Wednesday

‘We hate Yoon’: Kim Yo Jong slams Seoul’s plan to denuclearize North Korea
Colin Zwirko
Colin Zwirko August 19, 2022
North Korea’s trade with China jumps to highest level since April COVID outbreak

North Korea’s trade with China jumps to highest level since April COVID outbreak

Uptick aligns with DPRK’s self-reported decline in cases, though total trade still far below pre-pandemic peak

North Korea’s trade with China jumps to highest level since April COVID outbreak
Ethan Jewell
Ethan Jewell August 18, 2022
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