N. Pyongan Province’s trade activities are still under heavy central government control
While North Korea's provinces are now allowed to conduct a certain level of trade thanks to the "20x10 regional development policy," trade remains tightly...
N. Korea investigates corruption at oil distribution center in Nampo
North Korea's central government recently sent an inspection team to an oil distribution center affiliated with the Nampo Trade Administration Bureau, Daily NK has...
North Korea’s markets see rise in imported feminine hygiene products
The number of feminine hygiene products and other imports from China available in North Korean markets has increased significantly. As a result, prices are...
Chongjinites angry about government pressure to meet scrap metal quota
Authorities in Chongjin have recently been pressuring people to submit their quota of scrap metal for the first quarter, Daily NK has learned.
"Citizens of...
N. Korea’s rising exchange rates are due to greater autonomy in the trade sector
Exchange rates are on the rise in North Korea's markets. The trend is related to the government's new "20x10 regional development policy," which has...
N. Korean grain prices rise to same level as before last year’s harvest
Grain prices in North Korean markets have climbed across the board following the exhaustion of food stocks at state-run grain shops.
According to Daily NK’s...
Hyesan’s crackdown on street vendors eases
The recently launched crackdown on street vendors in Hyesan has eased recently, Daily NK has learned.
"The authorities have been conducting a special crackdown on...
N. Korean wholesalers upset over market vendors’ failure to pay up
Wholesalers of consumer goods such as imported garments and shoes in Yanggang Province are upset because market vendors cannot keep up with their payments,...
N. Hamgyong Province raises advance payments for housing
The North Hamgyong Province People's Committee recently increased the advance payments that prospective homeowners will have to pay to fund the construction of their...
N. Korean weapons factories face inspections by the central government
Inspectors composed of officials from the Organization and Guidance Department and the Defense Industry Department have been conducting inspections of weapons factories affiliated with...