Tag: commerce
N. Korea’s shortened market hours are causing economic hardship
North Korean authorities are mobilizing citizens and limiting market hours for flood recovery efforts. These measures, including restrictions on marketplace activity, have worsened economic...
North Korean burner phone prices soar amid government crackdown on purchases
The price of "daepo" phones — mobile phones falsely registered under another person's name, similar to "burner phones" — is soaring in North Korea...
Chinese summer clothing gains popularity in North Korean markets
Summer clothing imported from China is selling well in Yanggang Province's city of Hyesan, Daily NK has learned.
"With the weather getting hotter, summer clothes...
N. Korea curtails early morning commerce in Pyongyang and other major...
North Korea recently began curtailing the early morning commerce that takes place in Pyongyang and other major cities nationwide, Daily NK has learned.
According to...
No signs that the Samjang Customs House is reopening in March
The Samjang Customs House in Taehongdan County, Yanggang Province, has yet to reopen despite rumors that suggested it would be opening in mid-March.
“Rumors even...
Despite influx of Chinese imports, N. Korean market sellers are still...
North Korean business people in local markets are complaining of stagnant sales and revenue despite the influx of imported Chinese foodstuffs driving down prices,...
