May 20, 2024

Business

Information related to the North Korea business sector

Fewer luxuries on sale at North Korea’s Daesong Department Store, photos show
NK PRO

Fewer luxuries on sale at North Korea’s Daesong Department Store, photos show

Exclusive photos show domestic products fill shelves but far fewer luxury goods on display than before the pandemic

Fewer luxuries on sale at North Korea’s Daesong Department Store, photos show
Chad O'Carroll
Chad O'Carroll November 9, 2022
North Korea’s markets are not a revolutionary force for political change
NK PRO

North Korea’s markets are not a revolutionary force for political change

DPRK entrepreneurs are dependent on and captive to state actors, giving them little incentive to challenge the regime

North Korea’s markets are not a revolutionary force for political change
Peter Ward
Peter Ward November 1, 2022
New photos give first look inside renovated Japanese luxury store in Pyongyang
NK PRO

New photos give first look inside renovated Japanese luxury store in Pyongyang

Exclusive images show South Korean clothes and Japanese electronics on sale in possible violation of UN sanctions

New photos give first look inside renovated Japanese luxury store in Pyongyang
Colin Zwirko
Colin Zwirko October 31, 2022
Why North Korea’s shadow economy is not a solution to reform
NK PRO

Why North Korea’s shadow economy is not a solution to reform

Informal economic activity provides key products but has limited growth potential, while even reform is not a cure-all

Why North Korea’s shadow economy is not a solution to reform
Peter Ward
Peter Ward October 28, 2022
Rollerblading through Kim Il Sung Square – Ep. 258
Podcast

Rollerblading through Kim Il Sung Square – Ep. 258

Charles Thirlwall discusses the explosion of international business interest in North Korea at the turn of the century

Rollerblading through Kim Il Sung Square – Ep. 258
Jacco Zwetsloot
Jacco Zwetsloot | NK News October 18, 2022
Seoul’s new sanctions on North Korea change little but set stage for next steps
NK PRO

Seoul’s new sanctions on North Korea change little but set stage for next steps

South Korea has array of options to up ante if DPRK conducts nuclear test, though it risks feeding cycle of escalation

Seoul’s new sanctions on North Korea change little but set stage for next steps
Chad O'Carroll
Chad O'Carroll October 14, 2022
US company fined $115k for sending gift cards, other goods to North Korea

US company fined $115k for sending gift cards, other goods to North Korea

Treasury says Tango Cards faced nearly $10m in fines, but disclosed the violations and cooperated with authorities

US company fined $115k for sending gift cards, other goods to North Korea
Ethan Jewell
Ethan Jewell October 3, 2022
Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime
NK PRO

Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime

By removing human operators, the software-based crypto mixer creates new headaches for authorities and sanctions regime

Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime
Dennis Desmond
Dennis Desmond September 26, 2022
North Korean firm planned $3.5M sale of military equipment to Nigeria: UN report

North Korean firm planned $3.5M sale of military equipment to Nigeria: UN report

Deal would be major sanctions breach, but expert says it’s ‘far from clear’ whether negotiations ever occurred

North Korean firm planned $3.5M sale of military equipment to Nigeria: UN report
Chad O'Carroll
Chad O'Carroll September 19, 2022
Mitsubishi denies sending armored Pajeros to North Korea: UN Report

Mitsubishi denies sending armored Pajeros to North Korea: UN Report

Automaker tells Panel of Experts it doesn’t mod vehicles for ‘military purposes’ after armored SUVs seen in Pyongyang

Mitsubishi denies sending armored Pajeros to North Korea: UN Report
Chad O'Carroll
Chad O'Carroll September 16, 2022
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