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Economy

Information related to the North Korea economic sector

North Korea-China trade may be on the up and up, says South Korean association
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North Korea-China trade may be on the up and up, says South Korean association

Trade group says some DPRK factories are seeing pre-pandemic demand levels, though COVID still a limiting factor

North Korea-China trade may be on the up and up, says South Korean association
Ethan Jewell
Ethan Jewell October 1, 2021
North Korean central court asks China, Russia to help counter US ‘hostility’

North Korean central court asks China, Russia to help counter US ‘hostility’

At virtual international conference, Pyongyang court says economic development depends on regional cooperation

North Korean central court asks China, Russia to help counter US ‘hostility’
Colin Zwirko
Colin Zwirko October 1, 2021
Kim Jong Un suggests restoring inter-Korean hotlines in early October

Kim Jong Un suggests restoring inter-Korean hotlines in early October

DPRK leader’s sister Kim Yo Jong also promoted to member of top decision-making body in Pyongyang

Kim Jong Un suggests restoring inter-Korean hotlines in early October
Colin Zwirko
Colin Zwirko | Jeongmin Kim | Won-Gi Jung September 29, 2021
Pyongyang’s newest skyscraper and giant housing construction projects, in photos

Pyongyang’s newest skyscraper and giant housing construction projects, in photos

Deadline for North Korea's 10,000 home project moved up, state media suggests, as capital continues to see changes

Pyongyang’s newest skyscraper and giant housing construction projects, in photos
Colin Zwirko
Colin Zwirko September 29, 2021
North Korea’s ambitious economic targets belie struggles on the ground
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North Korea’s ambitious economic targets belie struggles on the ground

The DPRK’s latest five-year plan again sets unrealistic goals, as state media reports provide a veneer of success

North Korea’s ambitious economic targets belie struggles on the ground
Peter Ward
Peter Ward September 29, 2021
DPRK discusses laws on youth education, local development and economic planning

DPRK discusses laws on youth education, local development and economic planning

Top officials also call for execution of ‘recycling law’ to promote using resources and equipment available at home

DPRK discusses laws on youth education, local development and economic planning
Chaewon Chung
Chaewon Chung | Won-Gi Jung September 28, 2021
Cryptocurrency guru pleads guilty to conspiracy to violate North Korea sanctions

Cryptocurrency guru pleads guilty to conspiracy to violate North Korea sanctions

Virgil Griffith faces up to 20 years in prison for providing information on how to skirt sanctions with cryptocurrency

Cryptocurrency guru pleads guilty to conspiracy to violate North Korea sanctions
Chaewon Chung
Chaewon Chung September 28, 2021
North Korea’s improved cyber capabilities threaten financial institutions: FBI

North Korea’s improved cyber capabilities threaten financial institutions: FBI

FBI chief describes 'growing' cyber espionage threat and challenge of investigating cyberattacks to Senate committee

North Korea’s improved cyber capabilities threaten financial institutions: FBI
Ethan Jewell
Ethan Jewell September 23, 2021
North Korean disinfection zone still not operating despite activity: imagery
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North Korean disinfection zone still not operating despite activity: imagery

Reports previously suggested the zone would open in August to help kick-start trade with China

North Korean disinfection zone still not operating despite activity: imagery
Colin Zwirko
Colin Zwirko September 23, 2021
Chinese firm boasts of business and connections with North Korean entities
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Chinese firm boasts of business and connections with North Korean entities

Firm allegedly helped DPRK acquire point of sale devices that experts say could strengthen state control over economy

Chinese firm boasts of business and connections with North Korean entities
Ethan Jewell
Ethan Jewell September 10, 2021
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