Tag: economy

N. Korea orders party committees nationwide to closely monitor public sentiment

North Korea’s central government recently ordered party committees across the country to closely monitor how people are faring under the country’s difficult economic conditions...

Hoeryong factory officials face trial for inflating performance

Officials at Hoeryong Coal-mining Machine Factory in North Hamgyong Province were recently subject to a public trial for greatly inflating their performance. A Daily NK...

North Korean rice and corn prices continue their march upwards

North Korean rice and corn prices continue to rise, suggesting that more and more North Koreans are having a difficult time acquiring food.  According to...

North Korea Market Price Update: May 30, 2022

All prices shown in KPW and current as of May 30, 2022. Data: Daily NK

North Korea Market Price Update: May 16, 2022

All prices shown in KPW and current as of May 16, 2022. Data: Daily NK

Three North Koreans provide a glimpse of North Korea’s worsening economic...

North Koreans have recently begun facing a worsening economic situation, evidenced by reports that people are starving to death even within the country's major...

North Korea’s won-to-dollar exchange rate shows signs of modest recovery

North Korean exchange rates are reportedly showing signs of a modest recovery. After dropping about 20% in early November and subsequently fluctuating, the North...

N. Korean authorities recently imposed price controls in Hyesan

North Korean authorities recently imposed price controls on food in Hyesan, Yanggang Province, Daily NK has learned. This strong-armed move came after there were...

N. Korean authorities order removal of some machinery/parts from Kaesong Industrial...

North Korean authorities recently issued an order to remove machinery and parts from the Kaesong Industrial Complex for use in local factories and these...

Experts: Revisions to Enterprise Act to have little affect on economic...

North Korean authorities are focusing on restoring an economy rushing headlong into disaster by, among other measures, implementing a revised version of the country’s...

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