N. Korea reopens to Chinese investors, prioritizing industrial and mineral sectors
North Korea recently opened its doors to Chinese investors and traders, allowing them to collaborate with local companies on machinery, equipment, and mineral development.
"Large...
Trust gone wrong: The collapsing car smuggling industry in N. Korea’s Hyesan
Some private investors in Hyesan, Ryanggang province, are devastated after suffering massive losses on what they believed would be profitable ventures in the city's...
N. Korea launches crackdown as market prices surge nationwide
North Korean authorities have begun taking aggressive action against nationwide price increases that started in mid-February, Daily NK has learned.
"The government has launched a...
Hyesan factory forced to withdraw overtime order after workers revolt
The Hyesan Forestry Machine Factory in Ryanggang province was forced to retract an overtime work order just one day after it was issued, following...
N. Korea raises wages tenfold after 21 years, but companies struggle to sustain payments
North Korea raised wages for office workers, laborers and teachers at least tenfold in Oct. 2023, marking the first major wage adjustment since economic...
N. Korean parents spend small fortunes on misrepresented growth supplements
Like their counterparts south of the border, more North Korean parents are buying supplements to help their children grow taller, Daily NK has learned.
With...
Grain prices surge as N. Korea enters annual spring food shortage
Grain prices across North Korean markets have begun climbing since mid-February, reversing the downward trend observed since December. With the arrival of the annual...
N. Korea expands renewable energy focus in revised power station law
Daily NK has exclusively obtained the full text of North Korea's revised Act on Small and Medium-Sized Power Stations, revealing how the energy-starved nation...
State-sanctioned car smuggling creates wealth divisions in N. Korean border city
State-led car smuggling has exploded in Hyesan, a border city in Ryanggang province. Wealthy individuals are rushing to invest in trading companies involved in...
N. Korean markets fall silent as merchants and customers vanish
North Korean marketplaces are experiencing a significant decline in activity. Sources indicate both customer traffic and merchant presence have notably decreased.
Recent photos obtained by...
