Tag: economy

N. Korea pursues anti-corruption crusade amid COVID-19 fears

Even as the country devotes its efforts to dealing with the coronavirus outbreak, North Korea’s leadership is still conducting an anti-corruption campaign. Most recently,...

N. Korea’s state-run smuggling activities continue despite coronavirus

With the COVID-19 pandemic showing no signs of abating, North Korea has intensified its disease control measures, especially for individuals engaging in state-sponsored smuggling...

North Korea Market Price Update: March 7, 2020

All prices shown in KPW and current as of March 7, 2020. Data: Daily NK

China rejects N. Korean request to restart trade across border

The Chinese government recently rejected a North Korean request to restart trade across the two country's border by Feb. 15, Daily NK has learned. The...

North Korea Market Prices Update: February 11, 2020

All prices shown in KPW and current as of February 11, 2020. Data: Daily NK

N. Korea begins enforcing price controls in local markets

North Korean authorities have begun enforcing price controls after commodity prices spiked following the closure of the Sino-North Korean border, Daily NK has learned. "Officials...

North Korea Market Prices: February 6, 2020

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

Sinuiju sees a commodity price and exchange rate spike

Commodity prices and exchange rates in Sinuiju, a major hub for Sino-North Korean trade in North Korea's North Pyongyan Province, have recently spiked following...

N. Korean coal mines face dearth of managers to run them

North Korean party officials are refusing appointments to some of the country’s coal mines because of falling productivity and profits due to international sanctions...

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