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Pyongyang
July 7, 2020

Tag: donju

Pence Cartoon: “High Risk Bonds”

Explanatory Note:  The cartoon "High-Risk Bonds" draws inspiration from a series of recent Daily NK articles focusing on North Korea's wealthy entrepreneurial class, the donju...

N. Korea takes further steps to sell public bonds to the...

North Korea recently upgraded the status of a North Korean-Chinese joint venture company as part of efforts to encourage the sale of public bonds...

N. Korea increasingly stages raids on donju-owned businesses

North Korean authorities are increasingly conducting raids on businesses run by donju as part of efforts to strengthen state control over the economy and...

N. Korean rice sellers raking it in thanks to skyrocketing prices

The rise of North Korean rice prices have led to massive profits for rice wholesalers who acquired rice from China before the closure of...

Superstition makes getting loans difficult in January, sources

Many North Koreans in of business loans are unable to get them due to the country’s economic downturn and a custom of avoiding loans...

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