December 02, 2021

Business

Information related to the North Korea business sector

North Korean capitalism’s failure in the Third World

North Korean capitalism’s failure in the Third World

Pyongyang mixed economics and politics as it competed with Seoul and sought new trade partners in the Global South

North Korean capitalism’s failure in the Third World
Benjamin R. Young
Benjamin R. Young December 2, 2021
Chinese city announces winning bids for upgrades to China-DPRK border station

Chinese city announces winning bids for upgrades to China-DPRK border station

Dandong contracts tech firms to install electrical systems in sign of continuing preparations to resume overland trade

Chinese city announces winning bids for upgrades to China-DPRK border station
Ethan Jewell
Ethan Jewell November 30, 2021
South Korean city to make longshot proposal for ferry to North Korea

South Korean city to make longshot proposal for ferry to North Korea

Hwaseong to suggest 14 cooperative projects with DPRK’s Haeju amid ongoing freeze in inter-Korean ties

South Korean city to make longshot proposal for ferry to North Korea
Chaewon Chung
Chaewon Chung November 29, 2021
North Korea far and away the world’s most corrupt country: report

North Korea far and away the world’s most corrupt country: report

Efforts to snuff out corruption fail to make a dent, though expert says practices help people survive amid challenges

North Korea far and away the world’s most corrupt country: report
Ethan Jewell
Ethan Jewell November 19, 2021
North Korean ideological movement ‘losing steam,’ better rewards needed: Kim

North Korean ideological movement ‘losing steam,’ better rewards needed: Kim

‘Three Revolutions’ reward and punishment system to be expanded, Kim Jong Un tells party conference

North Korean ideological movement ‘losing steam,’ better rewards needed: Kim
Colin Zwirko
Colin Zwirko November 19, 2021
After months of promising gains, North Korea-China trade stumbles in October

After months of promising gains, North Korea-China trade stumbles in October

Sharp dip in trade hits North Korean economy already wracked by shortages, high commodity prices and food insecurity

After months of promising gains, North Korea-China trade stumbles in October
Ethan Jewell
Ethan Jewell November 18, 2021
Russian trade with North Korea totals just $651 in Q3
NK PRO

Russian trade with North Korea totals just $651 in Q3

Minute trade figures come amid COVID spike in the Russian Far East, new uncertainty surrounding potential trade restart

Russian trade with North Korea totals just $651 in Q3
Ethan Jewell
Ethan Jewell November 15, 2021
Two South Koreans in Japan sought to obtain foreign currency for North Korea

Two South Koreans in Japan sought to obtain foreign currency for North Korea

ROK nationals arrested for violating immigration law allegedly received instructions from a DPRK spy, source says

Two South Koreans in Japan sought to obtain foreign currency for North Korea
Kosuke Takahashi
Kosuke Takahashi November 12, 2021
Cold hard cash? Currency coupons give North Korea options with money supply
NK PRO

Cold hard cash? Currency coupons give North Korea options with money supply

Inability to print cash likely behind coupons, but they also provide a safeguard for post-pandemic currency devaluation

Cold hard cash? Currency coupons give North Korea options with money supply
Peter Ward
Peter Ward November 10, 2021
North Korean coal: Sanctions and stranded assets
NK PRO

North Korean coal: Sanctions and stranded assets

DPRK coal mines will have trouble making the kinds of profits they did in the 2010s even if the country fully reopens

North Korean coal: Sanctions and stranded assets
Peter Ward
Peter Ward November 5, 2021
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