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...