5.5 C
February 25, 2020
North Koreans farming in North Hamgyong Province in early June 2019 ban loans

N. Korean farms failing to repay loans face backlash from creditors

Collective farm work units in North Hamgyong Province are being hounded by creditors after failing to pay back loans they used to buy needed...
price controls

N. Korea begins enforcing price controls in local markets

North Korean authorities have begun enforcing price controls after commodity prices spiked following the closure of the Sino-North Korean border, Daily NK has learned. "Officials...

North Korea Market Prices: February 6, 2020

All prices are in KPW and current as of February 6, 2020. Data: Daily NK
commodity prices

Commodity prices spike in N. Korea following border shutdown

Commodity prices have skyrocketed at local markets throughout North Korea following the North Korea's closure of the country's border with China as part of...
Street market in Hyesan, Ryanggang Province

N. Koreans hurting economically due to border shutdown

North Koreans are complaining that their government's shutdown of trade over the Sino-North Korean border due to fears over the Wuhan coronovirus is causing...

North Korea Market Prices Update: January 27, 2020

All prices are in KPW and current as of January 27, 2020. Data: Daily NK
Sinuiju apartments

Sinuiju sees a commodity price and exchange rate spike

Commodity prices and exchange rates in Sinuiju, a major hub for Sino-North Korean trade in North Korea's North Pyongyan Province, have recently spiked following...
coal mine

N. Korean coal mines face dearth of managers to run them

North Korean party officials are refusing appointments to some of the country’s coal mines because of falling productivity and profits due to international sanctions...
A farmer in North Hamgyong Province, North Korea uses oxen to work the land.

N. Korean farmers increasingly renting out idle land

Farms in the mountainous inland areas of South Pyongan Province are increasingly renting out idle land left unused because of farm worker shortages, Daily...

North Korea is dispatching workers back to China

Many North Koreans working in China returned to their country at the end of last year in accordance with a UN-mandated repatriation order, but...

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