Tag: economy
North Korea’s railway bridges: strategic assets linking China, Russia while severing...
North Korea's railway network and border railway bridges are more than just means of transportation — they are a strategic asset closely tied to...
Kim Jong Un prioritizes weapons technology over economic gains from Ukraine...
A memorial for the war in Ukraine is under construction in the Hwasong district of Pyongyang. Kim Jong Un broke ground on the project...
Cash remains king: Why North Koreans resist Pyongyang’s digital payment push
North Korea is holding public lectures encouraging electronic payment adoption, but citizens remain hesitant due to concerns about government surveillance and policy instability.
A source...
North Korea’s price freeze in Kangwon province disrupts local markets
North Korea's Kangwon province is enforcing a strict ban on market vendors setting prices for products made at local factories, causing disruptions to market...
Self-reliance campaign forces vendors away from markets during crucial winter selling...
As business slows to a trickle at North Korea's informal marketplaces, North Koreans are complaining about being constantly called up for mandatory community service...
North Korea pushes joint ventures with China under new regional development...
Joint venture and joint operation projects between North Korea and China have been brisk throughout North Korea since leader Kim Jong Un's visit to...
Electric bicycles transform rural North Korea’s economy and daily life
Electric bicycles are transforming life in North Korea's rural communities, offering people a faster and more convenient alternative to traditional bicycles while opening new...
N. Korea launches youth indoctrination drive amid growing dissent
North Korea has ordered mandatory weekly indoctrination sessions for young people nationwide, deploying revolutionary slogans and historical lessons to counter growing youth dissatisfaction with...
Pyongyang enacts comprehensive labor law to eliminate private economic activity
North Korea has enacted a comprehensive labor management law aimed at bringing all work activities under state control, including targeting people engaged in illegal...
N. Korea launches first automated banking hotline
North Korea has introduced automated call menus for banking customer service as the regime expands electronic payments to control the informal economy.
Daily NK obtained...
