Tag: economy

N. Korea holds meetings to discuss production quotas with factories, enterprises

Suffering from COVID-19-inspired economic troubles, North Korea recently held meetings to diagnose issues facing the nation’s factories and enterprises and pressed for measures to...

MOU: North Korea is operating at least ten South Korean-owned factories...

North Korea is apparently operating at least ten South Korean-owned factories in the Kaesong Industrial Complex (KIC) without authorization, Seoul's Ministry of Unification said...

Plummeting prices and rising exchange rates cause difficulties for N. Korean...

A growing number of North Korean merchants have been suffering losses in the face of plummeting prices for certain goods and a rising KPW-RMB...

How are N. Korea’s Three Revolution teams faring these days?

Daily NK recently heard from a reporting partner inside North Korea about the current circumstances faced by Three Revolution movement. The movement was originally...

VOA: North Korea recently bought sixth ship from China this year

The Korean edition of Voice of America (VOA) disclosed on May 6 that North Korea has recently bought its sixth ship from China this...

N. Korea sees increase in exchange rates amid government moves to...

The KPW-USD exchange rate has recently risen across all major cities in North Korea in what appears to be a development connected to government...

N. Korea’s KPW-USD exchange rate falls slightly amid expanding trade

North Korea's KPW-USD exchange rate has slightly fallen even as the country's trade volume continues to grow. Meanwhile, the yuan is holding steady amid...

An interview with North Korea expert Dr. Chan Young Bang

Daily NK recently conducted an email-based interview with Dr. Chan Young Bang, who is a former economic advisor to Nursultan Nazarbayev, the first president...

N. Korea’s exchange rate volatility may be decreasing thanks to increased...

The rate of rise in North Korea's foreign exchange rates has been slowing recently, suggesting that exchange rate volatility has decreased following a rise...

A short interview with North Korea economy expert Benjamin Katzeff Silberstein

Daily NK English Editor Robert Lauler recently conducted an email-based interview with Dr. Benjamin Katzeff Silberstein, a Nonresident Fellow with the Stimson Center and...

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