February 27, 2024
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Information related to the North Korea business sector

New photos give first look inside renovated Japanese luxury store in Pyongyang
News

New photos give first look inside renovated Japanese luxury store in Pyongyang

Exclusive images show South Korean clothes and Japanese electronics on sale in possible violation of UN sanctions

New photos give first look inside renovated Japanese luxury store in Pyongyang
Colin ZwirkoColin Zwirko October 31, 2022
Why North Korea’s shadow economy is not a solution to reform
Analysis

Why North Korea’s shadow economy is not a solution to reform

Informal economic activity provides key products but has limited growth potential, while even reform is not a cure-all

Why North Korea’s shadow economy is not a solution to reform
Peter WardPeter Ward October 28, 2022
Rollerblading through Kim Il Sung Square – Ep. 258
North Korea News Podcast

Rollerblading through Kim Il Sung Square – Ep. 258

Charles Thirlwall discusses the explosion of international business interest in North Korea at the turn of the century

Rollerblading through Kim Il Sung Square – Ep. 258
Jacco ZwetslootJacco Zwetsloot | NK News October 18, 2022
Seoul’s new sanctions on North Korea change little but set stage for next steps
Analysis

Seoul’s new sanctions on North Korea change little but set stage for next steps

South Korea has array of options to up ante if DPRK conducts nuclear test, though it risks feeding cycle of escalation

Seoul’s new sanctions on North Korea change little but set stage for next steps
Chad O'CarrollChad O'Carroll October 14, 2022
US company fined $115k for sending gift cards, other goods to North Korea
News

US company fined $115k for sending gift cards, other goods to North Korea

Treasury says Tango Cards faced nearly $10m in fines, but disclosed the violations and cooperated with authorities

US company fined $115k for sending gift cards, other goods to North Korea
Ethan JewellEthan Jewell October 3, 2022
Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime
Analysis

Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime

By removing human operators, the software-based crypto mixer creates new headaches for authorities and sanctions regime

Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime
Dennis DesmondDennis Desmond September 26, 2022
North Korean firm planned $3.5M sale of military equipment to Nigeria: UN report
News

North Korean firm planned $3.5M sale of military equipment to Nigeria: UN report

Deal would be major sanctions breach, but expert says it’s ‘far from clear’ whether negotiations ever occurred

North Korean firm planned $3.5M sale of military equipment to Nigeria: UN report
Chad O'CarrollChad O'Carroll September 19, 2022
Mitsubishi denies sending armored Pajeros to North Korea: UN Report
News

Mitsubishi denies sending armored Pajeros to North Korea: UN Report

Automaker tells Panel of Experts it doesn’t mod vehicles for ‘military purposes’ after armored SUVs seen in Pyongyang

Mitsubishi denies sending armored Pajeros to North Korea: UN Report
Chad O'CarrollChad O'Carroll September 16, 2022
Singapore charges three men over alleged oil transfer to North Korea
News

Singapore charges three men over alleged oil transfer to North Korea

Police accuse the men of destroying evidence of a possible ship-to-ship transfer involving a Singaporean tanker in 2018

Singapore charges three men over alleged oil transfer to North Korea
Ethan JewellEthan Jewell September 16, 2022
North Korea promotes ‘encrypted’ money transfers through new financial product
News

North Korea promotes ‘encrypted’ money transfers through new financial product

Service advertised in recent brochure likely aims at concentrating foreign currency in state hands, experts say

North Korea promotes ‘encrypted’ money transfers through new financial product
Chad O'CarrollChad O'Carroll | Sojin Jung September 6, 2022
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