Tag: economy

Despite COVID-19 social distancing restrictions, an increasing number of North Koreans in Ryanggang Province is picking berries on nearby mountains, Daily NK has learned.  “Members...

All prices shown in KPW and current as of June 6, 2020. Data: Daily NK

A currency broker charged with running an illegal currency exchange business in Hamhung, South Hamgyong Province, was recently sentenced to life imprisonment during a...

North Korea’s exchange rates have been fluctuating wildly from day to day as the country’s border with China remains closed, Daily NK has learned. “We...

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...

North Korea recently issued an order that directs factories throughout the country to resolve supply shortages on their own and to devise measures for...

The owner of mine shafts in a suburban area of Pyongyang who refused to buy government bonds was recently arrested and quietly executed, Daily...

A North Korean who smuggled in cooking oil from China was arrested and is now under quarantine at a medical center in Ryanggang Province,...

North Korea's recent announcement of restrictions on imports of "unnecessary items" has led to a spate of "panic buying" in Pyongyang, Daily NK has...

North Korea made a country-wide announcement on Apr. 17 that all "unnecessary" imports will be restricted until the end of this year as part...