Tag: finance
N. Korea launches luxury magpie-branded cigarette gift sets
North Korea has released a luxury cigarette gift set branded with the magpie, the country's national bird. After positioning 7.27 cigarettes—Kim Jong Un's personal...
Pyongyang police crackdown on teen mobile payments
Police in Pyongyang have started an emergency crackdown after discovering that high school students in the capital's central districts made over 150 mobile payments...
N. Korean street vendors vash in on early heat wave
With muggy weather arriving early in North Korea this year, street vendors are profiting handsomely from surging demand for cool drinks and ice cream.
A...
N. Korean vendors cash in on Children’s Day celebrations
North Korea's Rodong Sinmun newspaper reported on June 2 that joyous celebrations were held nationwide to mark International Children's Day the day before.
Food vendors...
N. Korean workers turn to day labor for quick cash
Day labor markets have boomed across North Korea as farming season drives up demand for workers at collective farms and various agency support farms.
A...
Wealthy youth dominate N. Korea’s private transport business
In some areas of North Korea, running a personal vehicle transportation business has become a lucrative opportunity for young people. But with the sector...
N. Korea’s vehicle smuggling halt drives used car prices through the...
Used car prices have skyrocketed in the North Korean border city of Hyesan since smuggling operations were suspended in mid-May. Dealers are exploiting the...
N. Korea launches crackdown on currency smuggling
North Korea's Ryanggang province has launched extensive undercover inspections targeting illegal foreign currency operations and cross-border smuggling networks.
"The provincial party committee has brandished the...
Released but betrayed: N. Korean defectors’ escape thwarted by driver informants
Two North Korean defectors who were arrested by Chinese police in February while attempting to reach South Korea have recently been released. The defectors...
Pyongyang women shell out $300 monthly to dodge field work
Women in North Korea's capital city are competing intensely to join special "home industry" organizations that provide an official escape from mandatory farm work...
