Via North Korea Tech, a report on the rapid growth of mobile telephony in North Korea: Koryolink, North Korea’s sole 3G cellular service provider, is close to hitting the 2 million subscriber mark. The news was disclosed this week by the Koryolink CEO Ezz Heikal in Pyongyang and later confirmed by the company’s head office in […]
Read more »Via Time magazine, an interesting look at North Korea: The heart of this city, once famous for its Dickensian darkness, now pulsates with neon. Glossy construction downtown has altered the Pyongyang skyline. Inside supermarkets where shopgirls wear French designer labels, people with money can buy Italian wine, Swiss chocolates, kiwifruit imported from New Zealand and […]
Read more »Via Worldcrunch, an interesting report on Chinese interest in North Korea: Industry Hamhung, North Korea Investing in North Korea is becoming a hot topic among Chinese businessmen. Over the last few weeks, a series of business events and investment conferences about North Korea have been held. Chen Jiangfeng, a real-estate developer from Beijing […]
Read more »Courtesy of The Diplomat, an article examining the chances for a pipeline across N. Korea to provide natural gas to S. Korea: The idea of building a commercially and politically viable gas pipeline from Russia’s Sakhalin Island fields across North Korea to provide a long-term supply to South Korea has been percolating for years as […]
Read more »Via STRATFOR (subscription required), interesting commentary on a possible scenario for the collapse of North Korea in the years ahead: As we have pointed out previously, in the principal divided-country scenarios of the second half of the 20th century — North and South Vietnam, East and West Germany, North and South Yemen — reunification was […]
Read more »Via STRATFOR, an interesting report on Russia’s relationship with North Korea: Russia and North Korea have reached a settlement regarding North Korea’s $11 billion debt to Russia, Russian Deputy Finance Minister Sergei Storchak said Tuesday. According to Storchak, Russia has agreed to write off 90 percent of the debt amount. The remaining $1 billion would […]
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