Economy
Information related to the North Korea economic sector
Timeline: from Kim Jong Un’s reappearance to an exchange of gunfire at the DMZ
NK Pro timeline charts the key events from May 1 - May 31
June 2, 2020
Construction resumes on China-North Korea island EDZ: satellite imagery
New work may be part of joint initiative with Chinese companies, comes despite sanctions and COVID-19 restrictions
June 1, 2020
Russia saw “acute” increase in North Korean poaching last year: Border Service
16 vessels and 3754 poachers were detained last year, official says, a 14-fold increase compared to previous years
May 29, 2020
U.S. indicts 28 North Koreans for role in $2.5 billion money laundering plot
DPRK established network of covert bank branches around world to funnel money back home, Department of Justice says
May 28, 2020
Scrapping of five-year economic plan signaled in latest North Korean TV blurring
Key slogan of “five-year economic development strategy” also erased on state TV and phased out of print media
May 27, 2020
South Korea to provide $4.9 million in sustainable development aid to the North
First payment of $720,000 set to be sent this year via UN commission
May 27, 2020
Is North Korea privatizing its housing supply? In Rason, partially, yes
2018 regulations, now publicly-available, provide insight as to how similar rules could work in non-SEZ areas
May 26, 2020
“May 24” sanctions no longer a barrier to inter-Korean cooperation: MOU
South Korean official admits that unilateral sanctions have "lost their effect"
May 20, 2020
Back to business at major North Korean port as quarantine rules relaxed
Ships now regularly traversing Dalian-Nampho water route, data shows, with an average three-day wait at port
May 14, 2020
North Korea’s changing economy: the view from the markets
Amid a wider crackdown on private activity, it appears there is ongoing discussion on the role of markets in the country
May 13, 2020
