North Hamgyong Province orders people’s committees to better monitor trends in markets
North Hamgyong Province’s party committee recently ordered commerce department workers in local people’s committees to “go out to the field rather than just staying...
North Koreans credit rice price stability, but quality and affordability remain concerns
More than five years after North Korea's state-run grain stores were introduced, North Korean people say the outlets are operating more smoothly than in...
Kim Jong Un orders officials to learn from exemplary Sinuiju tree nursery
Since coming to power, North Korean leader Kim Jong Un has emphasized the need to protect the country’s forests and conduct reforestation activities. During...
N. Korea expands local trade but imposes tighter controls
Regional trade has significantly increased since North Korean authorities began implementing the "20×10 regional development policy." Rising imports are also boosting business in rural...
North Korean officials abuse power to secure retirement
Reports suggest that senior North Korean officials are engaging in a new method to ensure financial security following their retirement. The practice involves grooming...
North Korea’s RMB-KPW market exchange rate sees rapid increase
Foreign exchange rates have risen in North Korea's markets, but the market rate of the Chinese yuan (RMB) to the North Korean won (KPW)...
Nampo presses commercial entities to pay more real estate taxes
Since the start of the new year, the city of Nampo appears to be using its commercial department and tax offices to tighten up...
Apartment construction remains steady despite fall in real estate prices
Despite the fall in North Korean real estate prices, apartment construction has not slowed down, report sources in the country.
“The prices of apartments in...
Concerns over post-unification circumstances increase
The warming relations between the two Koreas has led to exchanges and cooperation across a number of areas, and sources in North Korea report...
[Photo] Transport logistics services see growing popularity in North Korea
The use of vehicle-based courier services in North Korea is increasing, report several sources in North Korea. The emerging industry is drawing parallels to...
