Tag: economy

North Korea increases Workers’ Party control over markets

North Korea recently crafted new market management regulations to give the Workers’ Party greater involvement in and control over markets, handing down orders to...

North Korea Market Price Update: October 21, 2020

All prices shown in KPW and current as of October 21, 2020. Data: Daily NK

North Korea Market Price Update: October 12, 2020

All prices shown in KPW and current as of October 12, 2020. Data: Daily NK

N. Korea suspended public bonds scheme in early September

North Korea suspended the issuance of public bonds in early September, Daily NK has learned. The country had begun issuing the bonds in April...

Many N. Korean households cutting back on consumption

Some households in North Korea have been cutting back on their consumption due to strengthened quarantine measures aimed at combating COVID-19, Daily NK has...

North Korea Market Price Update: August 23, 2020

All prices shown in KPW and current as of August 23, 2020. Data: Daily NK

Yanggang Province street food vendors charge the same for less

As part of efforts to stay afloat, street food vendors in Yanggang Province are reducing food portions while keeping prices the same, Daily NK...

N. Korea again highlights importance of “autonomy” to businesses

North Korean authorities recently ordered factories and other businesses to ensure they are implementing the country’s own “economic management system,” Daily NK has learned. “At...

Ryanggang Province is in the midst of berry-picking season

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...

North Korea Market Price Update: June 6, 2020

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

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