N. Korean exchange rates see little change despite rumors of overland trade restarting
Speculation of the imminent restart of overland trade between North Korea and China after vehicles were spotted on the Sino-Korean Friendship Bridge linking Sinuiju...
North Korea courts Chinese fishing investment while preaching self-reliance
Despite publicly championing "self-reliance," North Korea has been quietly courting Chinese investment in its fishing and aquaculture sectors, dispatching officials to China's border regions...
N. Korean trade official talks about challenges in his line of work
Amid the resumption of person-to-person travel between North Korea and China, North Korean officials are rotating out some of the North Korean trade officials...
Market prices show little signs of falling before Chusok
With Chusok just three days away, the prices of imported goods (mainly from China) sold in various parts of North Korea are not showing...
North Korea Market Price Update: October 17, 2021
All prices shown in KPW and current as of October 17, 2021.
Data: Daily NK
N. Korean cargo carriers face tough time making profits despite rise in business
North Korea's cargo carriers are getting more work as the volume of distribution in the country has increased with the end of COVID-19. However,...
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...
North Korea Market Price Update: July 26, 2021
All prices shown in KPW and current as of July 26, 2021.
Data: Daily NK
North Koreans believe nuclear weapons development will continue
The North Korean government is outwardly showing moves toward denuclearization with the apparent destruction of a nuclear test site in Punggye-ri. However, many ordinary...
Factory’s head of security arrested for attempting to smuggle metals to China
An ongoing investigation involving the head of security of a factory-enterprise in North Hamgyong Province has led to the arrest of the man’s younger...
