Comments for North Korean Economy Watch http://www.nkeconwatch.com News and analysis of the North Korean economy Fri, 03 Jul 2009 23:15:23 +0000 http://wordpress.org/?v=2.3.2 Comment on DPRK reinsurance update by North Korean Economy Watch » Blog Archive » DPRK defector discussed financial flows http://www.nkeconwatch.com/2009/06/21/dprk-reinsurance-update/#comment-146215 North Korean Economy Watch » Blog Archive » DPRK defector discussed financial flows Fri, 03 Jul 2009 22:30:16 +0000 http://www.nkeconwatch.com/2009/06/21/dprk-reinsurance-update/#comment-146215 [...] Last week we mentioned the curious case of Kim Kwang Jin, a high-ranking defector who helped raise money for the North Korean government who is spending a year here in DC at the Committee for Human Rights in North Korea.  This week he spoke to Fox News and painted a broad picture of the DPRK’s financial strategy: Trim and sharply dressed, his bushy head of hair dyed jet black, the 42-year-old Kim, once an English professor at a computer college in Pyongyang, speaks polite and fluent English, albeit in a halting style and with a heavy accent. [...] […] Last week we mentioned the curious case of Kim Kwang Jin, a high-ranking defector who helped raise money for the North Korean government who is spending a year here in DC at the Committee for Human Rights in North Korea.  This week he spoke to Fox News and painted a broad picture of the DPRK’s financial strategy: Trim and sharply dressed, his bushy head of hair dyed jet black, the 42-year-old Kim, once an English professor at a computer college in Pyongyang, speaks polite and fluent English, albeit in a halting style and with a heavy accent. […]

]]> Comment on Taedonggang Brewery… by North Korean Economy Watch » Blog Archive » Tadonggang Beer commercial http://www.nkeconwatch.com/2008/03/10/tedonggang-brewery/#comment-146207 North Korean Economy Watch » Blog Archive » Tadonggang Beer commercial Fri, 03 Jul 2009 21:07:14 +0000 http://www.nkeconwatch.com/2008/03/10/tedonggang-brewery/#comment-146207 [...] Here is a previous post on the beer. [...] […] Here is a previous post on the beer. […]

]]> Comment on DPRK admits to enriching uranium by EmperorAtahualpa http://www.nkeconwatch.com/2009/07/02/dprk-admits-to-enriching-uranium/#comment-146191 EmperorAtahualpa Fri, 03 Jul 2009 18:01:59 +0000 http://www.nkeconwatch.com/2009/07/02/dprk-admits-to-enriching-uranium/#comment-146191 I would like to read the original statement made by North Korea. Does anyone know where to find it? (BTW, I would bet this is another bluff, just like the many they've done before) I would like to read the original statement made by North Korea. Does anyone know where to find it?

(BTW, I would bet this is another bluff, just like the many they’ve done before)

]]> Comment on Little sunshine on this cloudy day by North Korea Clamps Down on Cross-Border Commerce with South | ThunderPost http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/#comment-146175 North Korea Clamps Down on Cross-Border Commerce with South | ThunderPost Fri, 03 Jul 2009 14:47:19 +0000 http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/#comment-146175 [...] As a South Korean manager, frequent cross-border links for both goods and services (tourism) would provide some additional assurances. But with tourism shut down, companies invested in Kaesong will need to adjust their supply chain risk assessments. In fact, with the economy slowing, these companies may be able to find sourcing in China or elsewhere at discount while gaining reductions in overall risk. More thoughts here from North Korea Economy Watch. [...] […] As a South Korean manager, frequent cross-border links for both goods and services (tourism) would provide some additional assurances. But with tourism shut down, companies invested in Kaesong will need to adjust their supply chain risk assessments. In fact, with the economy slowing, these companies may be able to find sourcing in China or elsewhere at discount while gaining reductions in overall risk. More thoughts here from North Korea Economy Watch. […]

]]> Comment on UN World Food Program worried about DPRK by North Korean Economy Watch » Blog Archive » UN World Food Program … | Youth Political Blog http://www.nkeconwatch.com/2009/07/02/un-world-food-program-worried-about-dprk/#comment-146105 North Korean Economy Watch » Blog Archive » UN World Food Program … | Youth Political Blog Fri, 03 Jul 2009 04:34:29 +0000 http://www.nkeconwatch.com/2009/07/02/un-world-food-program-worried-about-dprk/#comment-146105 [...] Read the rest here:  North Korean Economy Watch » Blog Archive » UN World Food Program … [...] […] Read the rest here:  North Korean Economy Watch » Blog Archive » UN World Food Program … […]

]]> Comment on North Korea begins closing general markets by NKeconWatch http://www.nkeconwatch.com/2009/06/30/north-korea-begins-closing-general-markets/#comment-145852 NKeconWatch Wed, 01 Jul 2009 22:47:54 +0000 http://www.nkeconwatch.com/2009/06/30/north-korea-begins-closing-general-markets/#comment-145852 Good Call...I just checked the Good Friends web page and found the following: Pyongsung Wholesale Market to Be Closed The Central Party has decided to close the Pyongsung Market. Since January, North Korean authorities have been trying to close all the general markets and convert them to farmers’ markets. Due to considerable rural opposition to the policy, they decided to delay these transitions by six months. Currently, The Pyongsung Market is the largest wholesale market in the nation. The decision to close the market was made on the assumption that if the largest market were to be closed, other markets around the country would begin to decline. In the meantime, the city of Pyongsung has been reviewing plans to manage smaller markets in each of the city’s districts. This plan includes stricter restrictions on age eligibility for peddling permits. Additionally, Peddling permits will now be granted to the three poorest families from each neighborhood unit. Good Call…I just checked the Good Friends web page and found the following:

Pyongsung Wholesale Market to Be Closed
The Central Party has decided to close the Pyongsung Market. Since January, North Korean authorities have been trying to close all the general markets and convert them to farmers’ markets. Due to considerable rural opposition to the policy, they decided to delay these transitions by six months. Currently, The Pyongsung Market is the largest wholesale market in the nation. The decision to close the market was made on the assumption that if the largest market were to be closed, other markets around the country would begin to decline. In the meantime, the city of Pyongsung has been reviewing plans to manage smaller markets in each of the city’s districts. This plan includes stricter restrictions on age eligibility for peddling permits. Additionally, Peddling permits will now be granted to the three poorest families from each neighborhood unit.

]]> Comment on North Korea begins closing general markets by Tertitskiy Fyodor http://www.nkeconwatch.com/2009/06/30/north-korea-begins-closing-general-markets/#comment-145825 Tertitskiy Fyodor Wed, 01 Jul 2009 18:12:15 +0000 http://www.nkeconwatch.com/2009/06/30/north-korea-begins-closing-general-markets/#comment-145825 AFAIK, the market is not in Pyongyang but in Pyongsong (평성) AFAIK, the market is not in Pyongyang but in Pyongsong (평성)

]]> Comment on White House forms DPRK sanctions team by North Korean Economy Watch » Blog Archive » UN, US, ROK, sanction DPRK arms companies–and partners http://www.nkeconwatch.com/2009/06/28/white-house-forms-dprk-sanctions-team/#comment-145736 North Korean Economy Watch » Blog Archive » UN, US, ROK, sanction DPRK arms companies–and partners Wed, 01 Jul 2009 01:11:49 +0000 http://www.nkeconwatch.com/2009/06/28/white-house-forms-dprk-sanctions-team/#comment-145736 [...] The US followed up the UNSC resolution by announcing an inter-agency team that will focus exclusively on enforcing DPRK sanctions [Read more here]  [...] […] The US followed up the UNSC resolution by announcing an inter-agency team that will focus exclusively on enforcing DPRK sanctions [Read more here]  […]

]]> Comment on South Korea sanctions DPRK firms by North Korean Economy Watch » Blog Archive » UN, US, ROK, sanction DPRK arms companies–and partners http://www.nkeconwatch.com/2009/06/09/south-korea-sanctions-dprk-firms/#comment-145679 North Korean Economy Watch » Blog Archive » UN, US, ROK, sanction DPRK arms companies–and partners Tue, 30 Jun 2009 21:33:32 +0000 http://www.nkeconwatch.com/2009/06/09/south-korea-sanctions-dprk-firms/#comment-145679 [...] In June, the South Korean government imposed sanctions on these DPRK companies for the first time [Read more here] [...] […] In June, the South Korean government imposed sanctions on these DPRK companies for the first time [Read more here] […]

]]> Comment on US and UN responses to the DPRK’s nuclear test no.2 by North Korean Economy Watch » Blog Archive » UN, US, ROK, sanction DPRK arms companies–and partners http://www.nkeconwatch.com/2009/06/08/us-and-un-responses-to-the-dprks-nuclear-test-no2/#comment-145669 North Korean Economy Watch » Blog Archive » UN, US, ROK, sanction DPRK arms companies–and partners Tue, 30 Jun 2009 20:47:09 +0000 http://www.nkeconwatch.com/2009/06/08/us-and-un-responses-to-the-dprks-nuclear-test-no2/#comment-145669 [...] After North Korea conducted a second nuclear test, in violation of UNSC resolution, the UNSC adopted a resolution which tightened sanctions on the DPRK. [Read more here] [...] […] After North Korea conducted a second nuclear test, in violation of UNSC resolution, the UNSC adopted a resolution which tightened sanctions on the DPRK. [Read more here] […]

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