February 29, 2024
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Information related to the North Korea business sector

Hairy business: Wigs once again drive up North Korea-China trade in November
News

Hairy business: Wigs once again drive up North Korea-China trade in November

DPRK continues to import hair to make wigs, while purchasing millions in foodstuffs and selling raw materials

Hairy business: Wigs once again drive up North Korea-China trade in November
Anton SokolinAnton Sokolin December 20, 2023
North Korea-China trade spikes to 4-year high as trucks and trains cross daily
News

North Korea-China trade spikes to 4-year high as trucks and trains cross daily

Both imports and exports surge in November as DPRK slowly emerges from extended isolation during pandemic

North Korea-China trade spikes to 4-year high as trucks and trains cross daily
Anton SokolinAnton Sokolin December 18, 2023
North Korea wants more Russian tourists to visit, Far East officials say
News

North Korea wants more Russian tourists to visit, Far East officials say

Primorsky Krai says DPRK proposed new rail, sea and air routes between countries, after delegation returns from visit

North Korea wants more Russian tourists to visit, Far East officials say
Anton SokolinAnton Sokolin December 15, 2023
China likely re-exported millions of dollars of North Korean goods, data shows
News

China likely re-exported millions of dollars of North Korean goods, data shows

DPRK alloy and wigs likely transshipped to South Korea and US, while Pyongyang imported foreign luxury goods via China

China likely re-exported millions of dollars of North Korean goods, data shows
Anton SokolinAnton Sokolin December 13, 2023
Russian Far East delegation arrives in North Korea to discuss economic plans
News

Russian Far East delegation arrives in North Korea to discuss economic plans

Regional governor has expressed interested in joint construction projects as DPRK laborers continue to work in Russia

Russian Far East delegation arrives in North Korea to discuss economic plans
Anton SokolinAnton Sokolin December 12, 2023
North Korea to hype domestic tourism to Russians at Moscow expo, minister says
News

North Korea to hype domestic tourism to Russians at Moscow expo, minister says

Russian official says Moscow also seeks DPRK tourists, a possible bid to boost influx of sanctioned laborers

North Korea to hype domestic tourism to Russians at Moscow expo, minister says
Anton SokolinAnton Sokolin December 4, 2023
Why Russian airlines may be eyeing routes to North Korea amid burgeoning ties
Analysis

Why Russian airlines may be eyeing routes to North Korea amid burgeoning ties

Experts say tourism and desire to transport DPRK laborers are likely behind proposal but question its feasibility

Why Russian airlines may be eyeing routes to North Korea amid burgeoning ties
Anton SokolinAnton Sokolin November 29, 2023
North Korean insurance firm planning entry to Russian market, association says
News

North Korean insurance firm planning entry to Russian market, association says

Russian insurers call move ‘promising,’ though expert raises doubts that reinsurer could pay out in case of incident

North Korean insurance firm planning entry to Russian market, association says
Anton SokolinAnton Sokolin November 23, 2023
Chinese law firm to open first office in North Korea despite sanctions concerns
News

Chinese law firm to open first office in North Korea despite sanctions concerns

Jingsh say it will support foreign investment and acquisitions, years after UN sanctions drove out other law firms

Chinese law firm to open first office in North Korea despite sanctions concerns
Ifang BremerIfang Bremer November 16, 2023
North Korean hackers mimic e-commerce app to steal South Koreans’ data: NIS
News

North Korean hackers mimic e-commerce app to steal South Koreans’ data: NIS

ROK spy agency says DPRK copied app used by over 20 million, highlighting its sophisticated imitation tactics

North Korean hackers mimic e-commerce app to steal South Koreans’ data: NIS
Shreyas ReddyShreyas Reddy October 26, 2023
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