Tag: economy
N. Korea’s Cabinet pushes exports of banned goods to boost economy
Defying international sanctions, North Korea's Cabinet has ordered its trading companies to boost exports of banned goods and explore new global markets in a...
North Korean diplomats return from Russia with luxury goods
North Korean diplomats in Russia have been recently returning to the North with cutting-edge appliances and pricey musical instruments in their personal luggage, Daily...
The evolution of N. Korea’s markets: Adapting to economic realities
North Korea's approach to markets has undergone a transformation, balancing state control with economic necessities. As COVID-19 is now classified as endemic, the role...
N. Korea’s regional development policy takes shape in Kaesong
North Korea's ambitious "20x10 regional development policy" is taking shape in Kaesong as officials break ground on new industrial factories in Jangpung County. In...
N. Korea pushes for digitalization in the civilian economy
Chongjin authorities recently held a lecture on adopting digitalization and information technology to develop the civilian economy.
Speaking on condition of anonymity, a Daily NK...
N. Korea moves forward with ambitious efforts to modernize Songrim Port
In a move to modernize its maritime infrastructure, North Korea has unveiled a plan to transform Songrim Port into a dual-purpose facility, separating military...
N. Korea’s recent exhibition in Russia only shows how backwards it...
An exhibition of North Korean products was held in Vladivostok on July 26, just one week after a summit between the leaders of the...
N. Korea inspects electronic payment system to boost safety, efficiency
North Korea will inspect its domestic electronic payment system from July to October to improve the safety and efficiency of operations, Daily NK has...
N. Korea’s path out of economic hardship is clear
North Korea's economic hardship in the 1990s, known as the Arduous March, led to countless starvation deaths. North Korea has worked for 80 years...
Young people who helped build Pyongyang’s Jonwi Street rewarded with party...
The North Korean authorities have rewarded the young people who helped build Pyongyang's Jonwi Street by selecting some of them to join the Workers'...
