19.3 C
June 3, 2020
Kim Jong Un temporarily deport bureau 11 directives cardiovascular procedure economic development strategy

N. Korea is probing the results of its economic development strategy

The Organization and Guidance Department (OGD) in North Korea's Central Committee recently created an investigative team to better understand the results of the country's...
kim yo jong

Kim Yo Jong is reviewing North Korea’s public bonds program

Kim Yo Jong, the sister of North Korean leader Kim Jong Un and the first deputy director of North Korea's Propaganda and Agitation Department,...
grasshopper market exchange rate

Fluctuating exchange rates cause headaches for N. Korea’s business people

North Korea’s exchange rates have been fluctuating wildly from day to day as the country’s border with China remains closed, Daily NK has learned. “We...

North Korea Market Price Update: May 9, 2020

All prices shown in KPW and current as of May 9, 2020. Data: Daily NK
dandong trucks donju public bonds

N. Korea takes further steps to sell public bonds to the donju

North Korea recently upgraded the status of a North Korean-Chinese joint venture company as part of efforts to encourage the sale of public bonds...
8.3 earnings

N. Korea renews efforts to crack down on “8.3 Earnings” scheme

North Korean authorities have renewed efforts to crack down on a workplace exemption scheme called "8.3 Earnings" that allows workers to engage in private...
North Korean coal ship

N. Korea appears to be resuming mineral exports to China

The North Korean government appears to be resuming state-sanctioned exports of mineral resources to China as fears of COVID-19 have started to wane, Daily...
public bonds group

N. Korea forms group to battle illegal foreign currency transactions

North Korea has moved to strongly crack down on potential "negative effects" caused by the floating of government bonds last month, including the forming...
Factories in Pyongyang raw materials

N. Korea orders factories to produce their own raw materials

North Korea recently issued an order that directs factories throughout the country to resolve supply shortages on their own and to devise measures for...

Pyongyangites continue to hoard as prices keep rising

Pyongyang residents continue to hoard various imported products, which has led to spikes in the prices of imported food items and even the closure...

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