May 17, 2024

Economy

Information related to the North Korea economic sector

Kim Jong Un attends completion ceremony of high-rise street project in capital

Kim Jong Un attends completion ceremony of high-rise street project in capital

Kim’s daughter joined to mark opening of Jonwi Street project which was built by North Korean youths in under 15 months

Kim Jong Un attends completion ceremony of high-rise street project in capital
Anton Sokolin
Anton Sokolin May 15, 2024
North Korea appears to repurpose defunct car factory to produce rocket launchers
NK PRO

North Korea appears to repurpose defunct car factory to produce rocket launchers

Expert says facility Kim Jong Un visited used to be inter-Korean automobile factory, underscoring focus on arms sales

North Korea appears to repurpose defunct car factory to produce rocket launchers
Shreyas Reddy
Shreyas Reddy May 14, 2024
North Korean science delegation visits Moscow amid concerns of tech cooperation

North Korean science delegation visits Moscow amid concerns of tech cooperation

DPRK officials to join talks and tour Russia’s Silicon Valley, as two sides also discuss resuming passenger rail service

North Korean science delegation visits Moscow amid concerns of tech cooperation
Anton Sokolin
Anton Sokolin May 14, 2024
North Korea destroys South Korean fire station in Mount Kumgang tourist region

North Korea destroys South Korean fire station in Mount Kumgang tourist region

Unification ministry says it will consider legal action against Pyongyang over demolition of ROK government property

North Korea destroys South Korean fire station in Mount Kumgang tourist region
Joon Ha Park
Joon Ha Park May 10, 2024
US court orders forfeiture of 279 crypto accounts tied to North Korea laundering

US court orders forfeiture of 279 crypto accounts tied to North Korea laundering

Ruling highlights DPRK cybercriminals' sophisticated techniques which they use to circumvent US sanctions

US court orders forfeiture of 279 crypto accounts tied to North Korea laundering
Shreyas Reddy
Shreyas Reddy May 10, 2024
Hundreds of North Koreans enter Russia in first quarter amid burgeoning ties

Hundreds of North Koreans enter Russia in first quarter amid burgeoning ties

Data reveals new quarterly high since pre-pandemic times, while number of Russians entering DPRK also surged

Hundreds of North Koreans enter Russia in first quarter amid burgeoning ties
Anton Sokolin
Anton Sokolin May 9, 2024
How North Korea tried and failed to reform its economy under each Kim ruler
NK PRO

How North Korea tried and failed to reform its economy under each Kim ruler

Regime’s attitude to economic woes has evolved over years, hinting at what could inspire it to consider reform again

How North Korea tried and failed to reform its economy under each Kim ruler
Peter Ward
Peter Ward May 8, 2024
Against the tide: Kim Jong Un’s destructive quest to wring dry land from the sea
NK PRO

Against the tide: Kim Jong Un’s destructive quest to wring dry land from the sea

North Korea touts reclamation as remedy for food shortages but risks decimating endangered wetlands in costly boondoggle

Against the tide: Kim Jong Un’s destructive quest to wring dry land from the sea
Shreyas Reddy
Shreyas Reddy May 7, 2024
Russia exports 2K tons of flour and corn to North Korea amid signs of shortages

Russia exports 2K tons of flour and corn to North Korea amid signs of shortages

Shipments come as two sides ramp up agricultural cooperation but are unlikely to alleviate food insecurity, expert says

Russia exports 2K tons of flour and corn to North Korea amid signs of shortages
Anton Sokolin
Anton Sokolin May 7, 2024
North Korea could open border city to foreign tourists this month: Tour agency

North Korea could open border city to foreign tourists this month: Tour agency

Firm predicts tours to Sinuiju to resume before capital, a move expert says may aim to test readiness for Chinese market

North Korea could open border city to foreign tourists this month: Tour agency
Joe Smith
Joe Smith May 6, 2024
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