N. Korean exports resume through Hyesan customs amid strict controls
Cargo-laden trucks have begun crossing through customs in Hyesan, marking a significant shift from last year's empty traffic. This development has sparked optimism among...
N. Koreans abandon won as currency redenomination fears spread
Amid persistent rumors of currency redenomination, North Koreans are increasingly shunning the domestic won in favor of foreign currencies. This growing distrust is accelerating...
N. Korean coal mine launches rare prize competition to boost production
Coal miners in North Pyongan province have begun the new year with a production competition between mining teams, with rewards being offered for top...
N. Korean won plunges, market prices double as economic divide deepens
Market prices in North Korea have roughly doubled since last January, according to Daily NK's latest findings.
The North Korean won has seen a dramatic...
Kim Jong Un’s winter coat sparks new fashion trend in N. Korean markets
Padded coats inspired by North Korean leader Kim Jong Un's recent attire have begun appearing in North Korean markets. The garment could become this...
In N. Korea’s Hoeryong, private truckers struggle with rising tire expenses
Truck drivers in the North Korean city of Hoeryong are traveling to Chongjin for tire purchases. Despite steep prices, drivers are willing to take...
N. Korea plans fishing industry training program despite resource shortages
North Korea plans to boost its fishing industry through a technical training program focused on vessel repair and catch optimization, Daily NK has learned.
"Last...
N. Korean traders face growing losses as state inspections turn predatory
North Korean traders are reporting increasing losses of goods during state inspections of unofficial trade, Daily NK has learned.
"Traders in Hyesan who import from...
N. Koreans defy ban, mine gold on rented farmland as prices soar
North Koreans are rushing to prospect for gold amid rising international prices, defying government bans through an elaborate system of bribes.
According to a source...
N. Korea tightens state control over grain trade through legal reform
North Korea has steadily increased state control over the country's grain trade through legal amendments, shifting these activities away from autonomous markets. A significant...