September 28, 2021

Business

Information related to the North Korea business sector

A diplomat’s life: The pleasures of retail therapy in the North Korean capital

A diplomat’s life: The pleasures of retail therapy in the North Korean capital

A former diplomat in Pyongyang recounts the realities of shopping in the city and the propaganda purpose of many stores

A diplomat’s life: The pleasures of retail therapy in the North Korean capital
Taylor Darby
Taylor Darby September 27, 2021
G Wagon mystery: Where did North Korea get its luxury SUV?

G Wagon mystery: Where did North Korea get its luxury SUV?

Mercedes-Benz G-Class used as support vehicle for Kim Jong Un was briefly visible at the 2018 inter-Korean summit

G Wagon mystery: Where did North Korea get its luxury SUV?
Chad O'Carroll
Chad O'Carroll September 20, 2021
Changes to North Korea’s Foreign Trade Law point to tightening of state control
NK PRO

Changes to North Korea’s Foreign Trade Law point to tightening of state control

Latest revisions amid pandemic lockdown also suggest efforts to diversify trade and protect domestic production

Changes to North Korea’s Foreign Trade Law point to tightening of state control
Martin Weiser
Martin Weiser September 20, 2021
US court sentences Canadian man for role in North Korean hacking scheme

US court sentences Canadian man for role in North Korean hacking scheme

Ghaleb Alaumary, who pled guilty to laundering funds from DPRK-linked online banking theft, received 11 years in prison

US court sentences Canadian man for role in North Korean hacking scheme
Chaewon Chung
Chaewon Chung September 10, 2021
US blocks more than $31 million in North Korean assets

US blocks more than $31 million in North Korean assets

Treasury Department reports it froze funds in connection with US sanctions against state sponsors of terrorism

US blocks more than $31 million in North Korean assets
Chaewon Chung
Chaewon Chung September 10, 2021
Chinese firm boasts of business and connections with North Korean entities
NK PRO

Chinese firm boasts of business and connections with North Korean entities

Firm allegedly helped DPRK acquire point of sale devices that experts say could strengthen state control over economy

Chinese firm boasts of business and connections with North Korean entities
Ethan Jewell
Ethan Jewell September 10, 2021
North Korea in August 2021: A month in review and what’s ahead
NK PRO

North Korea in August 2021: A month in review and what’s ahead

An analytical look at the main developments from August 1, 2021 to August 31, 2021

North Korea in August 2021: A month in review and what’s ahead
NK Pro
NK Pro September 3, 2021
Unification minister hopes to extend inter-Korean tourism to Russia and beyond

Unification minister hopes to extend inter-Korean tourism to Russia and beyond

Lee In-young lays out plans for regional economic cooperation at Russian forum

Unification minister hopes to extend inter-Korean tourism to Russia and beyond
Chaewon Chung
Chaewon Chung September 2, 2021
Amid economic crash, DPRK tried to import $1 million in Lexus vehicles in 2020

Amid economic crash, DPRK tried to import $1 million in Lexus vehicles in 2020

North Korea sought to acquire Lexus SUVs through China despite limited trade during pandemic, PoE report shows

Amid economic crash, DPRK tried to import $1 million in Lexus vehicles in 2020
Chad O'Carroll
Chad O'Carroll August 26, 2021
Sanctions obstacles: The fate of Moon Jae-in’s inter-Korean economic projects
NK PRO

Sanctions obstacles: The fate of Moon Jae-in’s inter-Korean economic projects

The Kaesong Industrial Complex, Kumgang tourism and infrastructure improvements all face unique sanctions challenges

Sanctions obstacles: The fate of Moon Jae-in’s inter-Korean economic projects
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