Economy | NK News
July 18, 2024

Economy

Information related to the North Korea economic sector

New, sleek railway cars will haul tourists up North Korea’s ‘holy’ mountain

New, sleek railway cars will haul tourists up North Korea’s ‘holy’ mountain

A North Korean factory says it tested out new funicular cars that will carry people up to the peak of Mount Paektu

New, sleek railway cars will haul tourists up North Korea’s ‘holy’ mountain
Colin Zwirko
Colin Zwirko November 13, 2020
Photos: North Korea’s new-age apartments join a greater wave of modern design

Photos: North Korea’s new-age apartments join a greater wave of modern design

A trendy architectural design is springing up across the country in wake of the recent, destructive typhoons

Photos: North Korea’s new-age apartments join a greater wave of modern design
Colin Zwirko
Colin Zwirko November 11, 2020
US dollar drops by 20% in North Korea, signaling government market manipulation

US dollar drops by 20% in North Korea, signaling government market manipulation

Devaluation is latest policy apparently designed to decrease the volume of foreign currency in circulation

US dollar drops by 20% in North Korea, signaling government market manipulation
Chad O'Carroll
Chad O'Carroll November 6, 2020
Internal document: North Korea may clamp down on homeless as COVID-19 prevention
NK PRO

Internal document: North Korea may clamp down on homeless as COVID-19 prevention

Document suggests that Kim Jong Un ratified policies to send wanderers to relief stations

Internal document: North Korea may clamp down on homeless as COVID-19 prevention
Jeongmin Kim
Jeongmin Kim November 4, 2020
Pro-North Korea newspaper in Japan monetizes website with paywall

Pro-North Korea newspaper in Japan monetizes website with paywall

Paywall system will limit reach of publication, but could spark sanctions concerns

Pro-North Korea newspaper in Japan monetizes website with paywall
Chad O'Carroll
Chad O'Carroll November 4, 2020
North Korea in Oct. 2020: A month review and what’s ahead
NK PRO

North Korea in Oct. 2020: A month review and what’s ahead

An analytical look at the main developments from Oct. 1, 2020 to Oct. 31, 2020

North Korea in Oct. 2020: A month review and what’s ahead
NK Pro
NK Pro November 3, 2020
Timeline: From the military parade to Kim Jong Un’s letter to Trump
NK PRO

Timeline: From the military parade to Kim Jong Un’s letter to Trump

NK Pro timeline charts the key events from Oct. 1 - Oct. 31

Timeline: From the military parade to Kim Jong Un’s letter to Trump
NK Pro
NK Pro November 2, 2020
North Korea’s radically changed currency policy could destabilize the economy
NK PRO

North Korea’s radically changed currency policy could destabilize the economy

By all indications, the DPRK government is trying to limit the amount of North Korean Won in circulation

North Korea’s radically changed currency policy could destabilize the economy
Peter Ward
Peter Ward November 2, 2020
China-DPRK ‘bridge to nowhere’ closer to opening as highway work restarts
NK PRO

China-DPRK ‘bridge to nowhere’ closer to opening as highway work restarts

Revived activity shows that North Korea is eager to use the bridge as soon as it reopens its borders

China-DPRK ‘bridge to nowhere’ closer to opening as highway work restarts
Colin Zwirko
Colin Zwirko October 30, 2020
North Korea introduces strict currency exchange restrictions for foreigners

North Korea introduces strict currency exchange restrictions for foreigners

New rules mean diplomats can only exchange $100 a day per person

North Korea introduces strict currency exchange restrictions for foreigners
Chad O'Carroll
Chad O'Carroll October 29, 2020
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