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Wages Rise 100x in Heavy Industry

Wage levels for workers in some larger industrial enterprises have risen by a factor of approximately one hundred times, Daily NK has learned. The move, which was put forwar..

Lee Sang Yong | 2013-11-06 20:32

Farms Rent Land for 70-30 Split

Inside North Korean sources have confirmed that collective farms are now offering part of their land to non-farmers in exchange for 30% of production derived from it, in effe..

Kang Mi Jin | 2013-06-05 22:56

Cabinet Acknowledges June 28th News

North Korean officials have formally acknowledged that some factories, enterprises and cooperative farms in the country have been experimenting with new economic management m..

Kim So Yeol | 2013-05-13 19:27

Farmers in a Muddle over Private Land Order

The North Korean authorities are apparently proposing to reduce the size of hillside plots farmed privately from thirty pyeong down to ten (1 square meter is equal to 0.3025..

Kim Kwang Jin | 2013-01-30 00:40

Management Lectures for Pyongyang Enterprises

Daily NK has learned that management lectures are being delivered to enterprise managers in and around Pyongyang. The news comes amidst confusion as to the North Korean..

Choi Song Min | 2012-10-22 10:34

6.28 Agriculture Policy on the Back Foot

It appears that plans to use a handful of farms to road test the agricultural element of North Korea’s ‘June 28th Policy’ have been put on hold until next year due to diffi..

Lee Sang Yong | 2012-10-12 17:53

NK Surprise as Economic Changes Disappear

The North Korean people are beginning to ask questions about the fact that talk of a package of economic improvement measures slated for implementation at the start of this m..

Kim Kwang Jin | 2012-10-09 13:46

State to Embark on Swathe of Forced Mergers

The central authorities are planning to merge uncompetitive factories and enterprises with stronger ones as North Korea prepares to embark on the full implementation of the s..

Kim Tae Hong | 2012-09-28 13:25

New Economic Policy to Start October 1st

North Korea has announced domestically that the so-called ‘June 28th Policy’ of economic management measures are to go into force nationwide on October 1st. One of a numb..

Kim Kwang Jin | 2012-09-10 12:39

June 28th Policy: It's Regime Security, Stupid

The goals that underpin North Korea’s so-called ‘June 28th Policy’ of economic changes are rooted in the security of the Kim Jong Eun regime, and therefore it is very unlik..

Mok Yong Jae | 2012-08-28 14:15
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Is there an engagement policy that works for Moon and..

Can the Moon government resolve the North Korea nucle..

2017.06.28
Won Pyongyang Sinuiju Hyesan
Exchange Rate 8,070 8,050 8,095
Rice Price 5,800 6,000 5,900