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Economy

Information related to the North Korea economic sector

‘I didn’t even get to say goodbye’: South Koreans remember Kaesong’s sudden end

‘I didn’t even get to say goodbye’: South Koreans remember Kaesong’s sudden end

Five years ago, the Kaesong Industrial Complex shut down and sent thousands of North and South Koreans packing

‘I didn’t even get to say goodbye’: South Koreans remember Kaesong’s sudden end
Jeongmin Kim
Jeongmin Kim February 10, 2021
Kim Jong Un wants to boost the economy through science, tech and state control

Kim Jong Un wants to boost the economy through science, tech and state control

The North Korean leader discussed industry development, foreign policy and military plans at an ongoing plenum meeting

Kim Jong Un wants to boost the economy through science, tech and state control
Colin Zwirko
Colin Zwirko February 9, 2021
North Korea will boost trade after months of COVID-19 lockdown: Russian official

North Korea will boost trade after months of COVID-19 lockdown: Russian official

New disinfectant centers are being built on the North Korean border, Russia’s ambassador to the DPRK says

North Korea will boost trade after months of COVID-19 lockdown: Russian official
Colin Zwirko
Colin Zwirko February 9, 2021
Kim Jong Un berates North Korean officials for a rough start to economic plans

Kim Jong Un berates North Korean officials for a rough start to economic plans

Kim kicked off a multi-day meeting on how to carry out economic tasks after last month’s Party Congress

Kim Jong Un berates North Korean officials for a rough start to economic plans
Colin Zwirko
Colin Zwirko February 8, 2021
North Korea’s economy is suffering from self-imposed lockdown
NK PRO

North Korea’s economy is suffering from self-imposed lockdown

KITA report says DPRK markets have shrunk and production dropped due to lack of imports

North Korea’s economy is suffering from self-imposed lockdown
Min Chao Choy
Min Chao Choy | Won-Gi Jung February 5, 2021
North Korea in Jan. 2021: A month in review and what’s ahead
NK PRO

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

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

North Korea in Jan. 2021: A month in review and what’s ahead
NK Pro
NK Pro February 3, 2021
Seven decades of friendship and envy: North Korea’s relations with Vietnam

Seven decades of friendship and envy: North Korea’s relations with Vietnam

Vietnam achieved what the Kim regime never could: national reunification and a booming economy

Seven decades of friendship and envy: North Korea’s relations with Vietnam
James Fretwell
James Fretwell February 1, 2021
North Korea’s market exchange rate for foreigners suddenly drops by more than 9%

North Korea’s market exchange rate for foreigners suddenly drops by more than 9%

The abrupt shift could mean trade and travel restrictions will stay in place for the foreseeable future, experts say

North Korea’s market exchange rate for foreigners suddenly drops by more than 9%
Chad O'Carroll
Chad O'Carroll January 28, 2021
North and South Korea are not East and West Germany – NKNews Podcast Ep. 167
Podcast

North and South Korea are not East and West Germany – NKNews Podcast Ep. 167

Rüdiger Frank discusses the two Koreas and Germany, and what Kim Jong Un can do to improve his country's economy

North and South Korea are not East and West Germany – NKNews Podcast Ep. 167
Jacco Zwetsloot
Jacco Zwetsloot January 26, 2021
North Korea bans foreign children in restaurants and shops to combat COVID-19

North Korea bans foreign children in restaurants and shops to combat COVID-19

The new rule is the latest in a long series of pandemic prevention measures, despite Pyongyang claiming to be virus-free

North Korea bans foreign children in restaurants and shops to combat COVID-19
Chad O'Carroll
Chad O'Carroll January 22, 2021