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December 27, 2024

Economy

Information related to the North Korea economic sector

North Korea monetizes highway to main seaport with new toll gate: Imagery
NK PRO

North Korea monetizes highway to main seaport with new toll gate: Imagery

Expert says tolls create incentive to increase vehicle traffic as pandemic restrictions funnel trade through port

North Korea monetizes highway to main seaport with new toll gate: Imagery
Colin Zwirko
Colin Zwirko July 22, 2022
How North Korean businesses skirted state-set price controls to survive
NK PRO

How North Korean businesses skirted state-set price controls to survive

Collapse of Soviet Union led Pyongyang to create markets for enterprises to trade, but a backlash rolled back reforms

How North Korean businesses skirted state-set price controls to survive
Peter Ward
Peter Ward July 21, 2022
How North Korean police corruption became essential to the growth of markets
COLUMN

How North Korean police corruption became essential to the growth of markets

Businesspeople pay bribes to police in order to create the space necessary for them to buy, sell and trade their wares

How North Korean police corruption became essential to the growth of markets
Andrei Lankov
Andrei Lankov July 21, 2022
Russian envoy says North Korea could send workers to breakaway Ukrainian states

Russian envoy says North Korea could send workers to breakaway Ukrainian states

Suggested cooperation between DPRK and Moscow-backed Donbas republics would undermine UN sanctions, some experts say

Russian envoy says North Korea could send workers to breakaway Ukrainian states
Chad O'Carroll
Chad O'Carroll July 19, 2022
South Korea pivots to the Middle East, selling both weapons and K-pop cool
KOREA PRO

South Korea pivots to the Middle East, selling both weapons and K-pop cool

Saudi Arabia looks to Korea as it seeks to diversify away from oil, but human rights issues may limit cooperation

South Korea pivots to the Middle East, selling both weapons and K-pop cool
John Lee
John Lee July 18, 2022
North Korea dismantles COVID quarantine area at Pyongyang airport, imagery shows
NK PRO

North Korea dismantles COVID quarantine area at Pyongyang airport, imagery shows

Quarantine zone appeared in May before Air Koryo planes flew to Shenyang to reportedly collect COVID-19 supplies

North Korea dismantles COVID quarantine area at Pyongyang airport, imagery shows
Colin Zwirko
Colin Zwirko July 18, 2022
North Korea building new ski resort in ‘holy land’ near Chinese border: Imagery
NK PRO

North Korea building new ski resort in ‘holy land’ near Chinese border: Imagery

Major construction on ski slope and at Samjiyon Airport suggests country preparing for foreign or domestic tourists

North Korea building new ski resort in ‘holy land’ near Chinese border: Imagery
Colin Zwirko
Colin Zwirko July 15, 2022
What the Bank of Korea’s rate spike means for the South Korean economy
KOREA PRO

What the Bank of Korea’s rate spike means for the South Korean economy

Central bank seeks to curb inflation, but rate increase will likely be painful for many firms and households

What the Bank of Korea’s rate spike means for the South Korean economy
Peter Ward
Peter Ward July 13, 2022
North Korea ramps up fuel trade in second quarter from pandemic lows: Imagery
NK PRO

North Korea ramps up fuel trade in second quarter from pandemic lows: Imagery

Activity at coal terminals suggests sanctions violations, with oil imports from China likely increasing from last year

North Korea ramps up fuel trade in second quarter from pandemic lows: Imagery
Ethan Jewell
Ethan Jewell July 12, 2022
North Korea eyes increased cooperation with Russia, Ukraine breakaway regions

North Korea eyes increased cooperation with Russia, Ukraine breakaway regions

Experts say DPRK likely seeks to send workers to Russia to earn money, as sanction concerns fade

North Korea eyes increased cooperation with Russia, Ukraine breakaway regions
Ifang Bremer
Ifang Bremer July 7, 2022
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