March 28, 2024

Business

Information related to the North Korea business sector

South Korea to dissolve foundation in charge of inter-Korean industrial park

South Korea to dissolve foundation in charge of inter-Korean industrial park

Seoul cites cost of operating foundation and unauthorized North Korean activity at Kaesong complex closed since 2016

South Korea to dissolve foundation in charge of inter-Korean industrial park
Joon Ha Park
Joon Ha Park | Shreyas Reddy January 4, 2024
3 parades, 44 missiles, 64 flights: Numbers tell the story of North Korea’s 2023
NK PRO

3 parades, 44 missiles, 64 flights: Numbers tell the story of North Korea’s 2023

Data sheds light on the year’s biggest developments, from leader appearances and wig trade to delegation visits and more

3 parades, 44 missiles, 64 flights: Numbers tell the story of North Korea’s 2023
Anton Sokolin
Anton Sokolin December 27, 2023
Singapore man wanted in US indicted for smuggling oil to North Korea

Singapore man wanted in US indicted for smuggling oil to North Korea

Kwek Kee Seng and accomplice face years in Singapore prison for allegedly facilitating shipments of gas oil in 2019

Singapore man wanted in US indicted for smuggling oil to North Korea
Anton Sokolin
Anton Sokolin December 22, 2023
Russian region in Siberia seeks 2,000 North Koreans for construction projects

Russian region in Siberia seeks 2,000 North Koreans for construction projects

Novosibirsk Oblast official cites ongoing labor shortages and implies workers could be sent to Russia-occupied Ukraine

Russian region in Siberia seeks 2,000 North Koreans for construction projects
Anton Sokolin
Anton Sokolin December 22, 2023
Hairy business: Wigs once again drive up North Korea-China trade in November
NK PRO

Hairy business: Wigs once again drive up North Korea-China trade in November

DPRK continues to import hair to make wigs, while purchasing millions in foodstuffs and selling raw materials

Hairy business: Wigs once again drive up North Korea-China trade in November
Anton Sokolin
Anton Sokolin December 20, 2023
North Korea-China trade spikes to 4-year high as trucks and trains cross daily

North Korea-China trade spikes to 4-year high as trucks and trains cross daily

Both imports and exports surge in November as DPRK slowly emerges from extended isolation during pandemic

North Korea-China trade spikes to 4-year high as trucks and trains cross daily
Anton Sokolin
Anton Sokolin December 18, 2023
North Korea wants more Russian tourists to visit, Far East officials say

North Korea wants more Russian tourists to visit, Far East officials say

Primorsky Krai says DPRK proposed new rail, sea and air routes between countries, after delegation returns from visit

North Korea wants more Russian tourists to visit, Far East officials say
Anton Sokolin
Anton Sokolin December 15, 2023
China likely re-exported millions of dollars of North Korean goods, data shows
NK PRO

China likely re-exported millions of dollars of North Korean goods, data shows

DPRK alloy and wigs likely transshipped to South Korea and US, while Pyongyang imported foreign luxury goods via China

China likely re-exported millions of dollars of North Korean goods, data shows
Anton Sokolin
Anton Sokolin December 13, 2023
Russian Far East delegation arrives in North Korea to discuss economic plans

Russian Far East delegation arrives in North Korea to discuss economic plans

Regional governor has expressed interested in joint construction projects as DPRK laborers continue to work in Russia

Russian Far East delegation arrives in North Korea to discuss economic plans
Anton Sokolin
Anton Sokolin December 12, 2023
North Korea to hype domestic tourism to Russians at Moscow expo, minister says

North Korea to hype domestic tourism to Russians at Moscow expo, minister says

Russian official says Moscow also seeks DPRK tourists, a possible bid to boost influx of sanctioned laborers

North Korea to hype domestic tourism to Russians at Moscow expo, minister says
Anton Sokolin
Anton Sokolin December 4, 2023