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July 26, 2024
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Information related to the North Korea business sector

North Korea plans massive train factory as it struggles to produce new designs
Analysis

North Korea plans massive train factory as it struggles to produce new designs

120-acre facility in Pyongyang likely to become new manufacturing base for trains, trams and subway cars

North Korea plans massive train factory as it struggles to produce new designs
Colin ZwirkoColin Zwirko May 2, 2023
How foreigners laid the groundwork for North Korea’s market revolution
Columns

How foreigners laid the groundwork for North Korea’s market revolution

Early DPRK entrepreneurs leveraged connections in Japan and China, undercutting regime’s narratives of self-sufficiency

How foreigners laid the groundwork for North Korea’s market revolution
Andrei LankovAndrei Lankov May 1, 2023
North Korea reveals first electric car showroom on new skyscraper street
News

North Korea reveals first electric car showroom on new skyscraper street

Kim Jong Un ordered mass production of vehicles years ago, but new EVs are likely to be rebranded Chinese imports

North Korea reveals first electric car showroom on new skyscraper street
Colin ZwirkoColin Zwirko April 28, 2023
North Korea’s display of new Chinese trucks points to production issues at home
Analysis

North Korea’s display of new Chinese trucks points to production issues at home

Handover of imported vehicles comes 5 years after mass-production order and hints at strong sanctions-busting networks

North Korea’s display of new Chinese trucks points to production issues at home
Colin ZwirkoColin Zwirko April 25, 2023
Seoul weighs lawsuit against North Korea for using assets at Kaesong complex
News

Seoul weighs lawsuit against North Korea for using assets at Kaesong complex

Unification ministry says it could sue DPRK over ‘illicit’ operation of inter-Korean industrial zone suspended in 2016

Seoul weighs lawsuit against North Korea for using assets at Kaesong complex
Jeongmin KimJeongmin Kim April 24, 2023
How North Korea’s decrepit tax system encourages illicit market activity
Analysis

How North Korea’s decrepit tax system encourages illicit market activity

Poor collection mechanisms cannot fund state largesse, incentivizing even the military to seek cash from elsewhere

How North Korea’s decrepit tax system encourages illicit market activity
Peter WardPeter Ward April 7, 2023
South Korea warns North Korea not to use assets from Kaesong Industrial Complex
News

South Korea warns North Korea not to use assets from Kaesong Industrial Complex

The wheels on the bus should not go ‘round, unification ministry says, after Hyundai buses spotted in state media

South Korea warns North Korea not to use assets from Kaesong Industrial Complex
Jeongmin KimJeongmin Kim April 6, 2023
Chinese shipyard firms linked to ‘several’ transfers of vessels to North Korea
Analysis

Chinese shipyard firms linked to ‘several’ transfers of vessels to North Korea

UN Panel of Experts implicate Rongcheng Yuantong and Rongcheng Longyan in likely sanctions-busting scheme

Chinese shipyard firms linked to ‘several’ transfers of vessels to North Korea
Chad O'CarrollChad O'Carroll April 4, 2023
Kim Jong Un approves lavish new dog meat restaurant on Pyongyang riverfront
Analysis

Kim Jong Un approves lavish new dog meat restaurant on Pyongyang riverfront

Satellite imagery shows construction started late last year, as North Korean leader says canine dining ‘improves diets’

Kim Jong Un approves lavish new dog meat restaurant on Pyongyang riverfront
Colin ZwirkoColin Zwirko March 1, 2023
How North Korean state firms bend the rules to rake in cash from market activity
Analysis

How North Korean state firms bend the rules to rake in cash from market activity

Newly revealed DPRK law details crackdown on use of special privileges to dodge taxes, embezzle funds and more

How North Korean state firms bend the rules to rake in cash from market activity
Peter WardPeter Ward February 24, 2023
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