Tag: investment
Revealed: North Korea’s diplomatic missions double as trade brokers
North Korea's overseas diplomatic missions broker trade and investment deals through their economic and trade counselor's departments and collect commission fees on transactions, according...
Chinese firm proposes joint stone processing venture in N. Korea’s mining...
A Chinese company in Jilin province that specializes in processing natural building stone has submitted a proposal to North Korea for jointly operating stone...
N. Korea launches AI tech venture with Chinese firm to bypass...
North Korea has partnered with a small Chinese IT company in Shenyang, Liaoning province, to establish a startup focused on AI security technology development.
While...
N. Korea reopens to Chinese investors, prioritizing industrial and mineral sectors
North Korea recently opened its doors to Chinese investors and traders, allowing them to collaborate with local companies on machinery, equipment, and mineral development.
"Large...
N. Korean schools too under-resourced to join technical education program
North Korea's recent initiative to boost technical education through a pilot program at select middle and high schools has hit an obstacle: most schools...
North Korea launches campaign to mobilize citizens’ idle cash
North Korea has launched a nationwide campaign to mobilize citizens' idle cash through interest-bearing business investments. While the initiative originated with regional enterprises, it...
Sinuiju’s booming cottage industry: Fake lashes and wigs
A surge in the production of fake eyelashes and wigs has been observed in Sinuiju as locals seek profitable work with minimal initial investment....
N. Korea reshuffles personnel in Mount Kumgang tourism corporation
The entity managing development of the Mount Kumgang tourism zone has begun a major personnel reshuffle under the instructions of the Central Committee of...
Pyongyang authorities launch investigation into housing corruption
In early June, the Pyongyang People’s Committee launched an investigation into corruption involving residency permits at a housing development on Jonwi Street that was...
N. Korea’s demolition of Mount Kumgang’s S. Korean facilities appears to...
The unauthorized demolition of South Korean facilities at the Mount Kumgang tourism area and Kosong Port in Kangwon Province, which is part of North...
