February 21, 2024

Business

Information related to the North Korea business sector

Chinese man in Australia faces extradition to US over North Korea smuggling

Chinese man in Australia faces extradition to US over North Korea smuggling

Australian police arrested Jin Guanghua at US request for alleged role in raising cash for DPRK through tobacco sales

Chinese man in Australia faces extradition to US over North Korea smuggling
Anton Sokolin
Anton Sokolin February 20, 2024
Russia eyeing new rail, ferry and car routes to North Korea: Ambassador

Russia eyeing new rail, ferry and car routes to North Korea: Ambassador

Alexander Matsegora’s remarks come as first group of Russian tourists to visit DPRK in years returns home

Russia eyeing new rail, ferry and car routes to North Korea: Ambassador
Anton Sokolin
Anton Sokolin February 12, 2024
Russian tourists depart for North Korea as part of first tour since pandemic

Russian tourists depart for North Korea as part of first tour since pandemic

Tour manager told NK News that 97 Russian nationals boarded flight from Vladivostok for trip to Pyongyang and ski resort

Russian tourists depart for North Korea as part of first tour since pandemic
Anton Sokolin
Anton Sokolin February 9, 2024
Ask a North Korean: Does the DPRK have digital payment systems?

Ask a North Korean: Does the DPRK have digital payment systems?

Services have cropped up for transferring money and making payments, but distrust in banks poses obstacles to their use

Ask a North Korean: Does the DPRK have digital payment systems?
Rose February 6, 2024
Kim Jong Un secretly visits new luxury mall in Pyongyang with China connections
NK PRO

Kim Jong Un secretly visits new luxury mall in Pyongyang with China connections

Amid ‘communism’ revival, North Korea signals elite class remains priority and driver of sanctions evasion efforts

Kim Jong Un secretly visits new luxury mall in Pyongyang with China connections
Colin Zwirko
Colin Zwirko February 1, 2024
20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious
NK PRO

20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious

North Korea seeks to build 200 factories over the next decade, but finding the resources will be easier said than done

20×10=success? Why Kim Jong Un’s regional development plan may be too ambitious
Peter Ward
Peter Ward January 31, 2024
North Korea imported over 100,000 barrels of petroleum from Russia last year

North Korea imported over 100,000 barrels of petroleum from Russia last year

UN data shows huge uptick in Russia’s exports of refined petroleum, though volume still lags behind pre-pandemic levels

North Korea imported over 100,000 barrels of petroleum from Russia last year
Anton Sokolin
Anton Sokolin January 31, 2024
North Korean insurance companies release data pointing to growth in economy
NK PRO

North Korean insurance companies release data pointing to growth in economy

Three of DPRK’s four smaller insurers showed significant growth, highlighting changes to regime’s taxation approach

North Korean insurance companies release data pointing to growth in economy
Martin Weiser
Martin Weiser January 29, 2024
Fertilizer chemical tops North Korea’s imports from China in December
NK PRO

Fertilizer chemical tops North Korea’s imports from China in December

Expert says DPRK has long lacked fertilizer for farming and likely purchased chemical with recent ‘additional revenues’

Fertilizer chemical tops North Korea’s imports from China in December
Anton Sokolin
Anton Sokolin January 22, 2024
North Korean trade with China doubles in 2023 to highest since pandemic began

North Korean trade with China doubles in 2023 to highest since pandemic began

Official figures show trade has nearly recovered to 2019 levels as DPRK projects confidence in economic direction

North Korean trade with China doubles in 2023 to highest since pandemic began
Anton Sokolin
Anton Sokolin January 18, 2024
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