Economy
Information related to the North Korea economic sector
Mad about THAAD: South Korea-China dispute over US missile interceptor returns
Seoul again finds itself caught between Beijing and Washington as it looks for defenses against North Korean threats
July 28, 2022
North Korea’s economy contracts for second straight year, ROK central bank says
Bank of Korea estimates 0.1% contraction as COVID, economic mismanagement and sanctions weigh on the economy
July 28, 2022
How ride-sharing services like Uber could end Seoul’s dire taxi shortage
Drivers aren’t returning after industry exodus during pandemic, leaving people stranded even in city center at night
July 26, 2022
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
July 22, 2022
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
July 21, 2022
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
July 21, 2022
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
July 19, 2022
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
July 18, 2022
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
July 18, 2022
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
July 15, 2022
