January 20, 2022

Business

Information related to the North Korea business sector

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
New evidence again delays trial of accused North Korean money launderer

New evidence again delays trial of accused North Korean money launderer

Delay marks the second time US court has pushed back Mun Chol Myung’s case this year

New evidence again delays trial of accused North Korean money launderer
Ethan Jewell
Ethan Jewell November 4, 2021
North Korea in October 2021: A month in review and what’s ahead
NK PRO

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

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

North Korea in October 2021: A month in review and what’s ahead
NK Pro
NK Pro November 3, 2021
US to seize nearly $1 million from North Korea-backed criminal duo

US to seize nearly $1 million from North Korea-backed criminal duo

US district court says married couple laundered millions through phony corporate network on behalf of Pyongyang

US to seize nearly $1 million from North Korea-backed criminal duo
Ethan Jewell
Ethan Jewell November 3, 2021
DPRK foreign ministry slams US diplomats for alleged theft in Moscow

DPRK foreign ministry slams US diplomats for alleged theft in Moscow

North Korean criticism may be an attempt to deflect from its own diplomats’ sketchy behavior abroad, expert says

DPRK foreign ministry slams US diplomats for alleged theft in Moscow
Chaewon Chung
Chaewon Chung October 22, 2021
The stop and go success of a North Korean entrepreneur
COLUMN

The stop and go success of a North Korean entrepreneur

Even relatively successful people struggle to provide enough for their families in the DPRK

The stop and go success of a North Korean entrepreneur
Andrei Lankov
Andrei Lankov October 22, 2021
Singapore sugar trader admits to forging documents to hide North Korea ties
NK PRO

Singapore sugar trader admits to forging documents to hide North Korea ties

Court fines man $156,000 for falsifying invoices after legally sending sugar, other goods to DPRK-linked entities

Singapore sugar trader admits to forging documents to hide North Korea ties
Ethan Jewell
Ethan Jewell October 21, 2021
After years in hiding, a North Korean ship shows its true colors
NK PRO

After years in hiding, a North Korean ship shows its true colors

Records reveal Ji Da 1 cargo vessel likely sailed under the radar for years on behalf of Pyongyang

After years in hiding, a North Korean ship shows its true colors
Ethan Jewell
Ethan Jewell October 13, 2021
Seoul approves three new requests to provide humanitarian aid to North Korea

Seoul approves three new requests to provide humanitarian aid to North Korea

The approval follows recent restoration of inter-Korean hotlines, though it’s unclear when delivery will take place

Seoul approves three new requests to provide humanitarian aid to North Korea
Chaewon Chung
Chaewon Chung October 7, 2021