Tag: economy
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...
What it would take for Trump to play golf with Kim...
In the first part of this two-part series, I argued that for the DPRK, nuclear weapons are at best a means of deterrence, but...
N. Korea pressures major firms to show results before key political...
North Korea's biggest companies are being forced to submit detailed progress reports on key economic projects as the country's leadership tries to showcase achievements...
Kim Jong Un’s government orders world-class ski destination at Mount Paektu
North Korea has ordered the transformation of Samjiyon into a world-class winter tourism destination, despite lacking the funds and resources needed for such an...
Understanding inflation in North Korea: Demand-pull and cost-push dynamics in a...
North Korea's economy is experiencing a period of acute instability, characterized by rising consumer prices, currency depreciation, and increasing policy uncertainty. Inflation in particular...
