17.4 C
Pyongyang
April 22, 2021

Sanatorium director in N. Pyongan Province arrested for selling bottled water at inflated prices

North Korean authorities recently dismissed the director of the Tongchang Sanatorium in Tongchang, North Pyongan Province, for filling his pockets by selling mineral water...
grasshopper market exchange rate

North Korean authorities attempt to crackdown on “grasshopper markets” in Chongjin

North Korean authorities are using Ministry of Social Security officers to seize goods from "grasshopper traders" in Chongjin, North Hamgyong Province, a source in...
Market official on patrol in Sunchon, South Pyongan Province

Gaps between market prices in different North Korean regions are growing

Amid North Korea’s attempts to strengthen control over its markets following the closure of the country’s borders last year, the gap between market prices...
remittance ryanggang province border agreement equipment

Official trade activities between North Korea and China unlikely to resume in April

After North Koreans were spotted repairing trade facilities and installing disinfection devices at customs offices in Sinuiju and Nampo last month, there has been...
street food

Some North Korean street vendors raise prices in response to economic uncertainties

Faced with economic uncertainties due to the COVID-19 pandemic, some North Korean street food vendors are taking out certain ingredients and reducing the portion...
Pyongyang Housing real estate prices

North Korea’s wealthy entrepreneurial class facing economic difficulties amid COVID-19 pandemic

Many North Koreans are experiencing financial difficulties because of COVID-19, and even the country's wealthy are suffering from the downturn in the economy, Daily...

North Korea Market Price Update: April 5, 2021

All prices shown in KPW and current as of April 5, 2021. Data: Daily NK

N. Korean authorities investigate famous commerce management center in Chagang Province

North Korea’s Organization and Guidance Department (OGD) recently inspected a commerce management center in Chonchon County, Chagang Province, Daily NK learned last Friday. Though...
Kim Jong Un Pig Farm

The per kilogram price of pork in North Korea has increased by 57% in...

North Korean pork prices have reportedly soared in the past six months. Some are saying that the North Korean authorities may have reached their...
commodity prices broker

North Koreans find it harder than ever to find imported food products at local...

North Koreans are finding it more difficult than ever to find imported food products in the country’s markets, Daily NK has learned. Indeed, prices...

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