Tag: foreign currency
12 shellfish harvesters die in North Pyongan Province
Twelve shellfish harvesters recently drowned in Chulsan County, North Pyongan Province, Daily NK has learned.
The deaths came as companies in the province are turning...
Security officials demand US dollar bribe from travelling family
Security officials in South Hamgyong Province arrested a family travelling northwards by car last month and have detained them until they pay a USD...
Well-connected dollar trader in Chongjin arrested
A dollar trader in Chongjin, North Hamgyong Province, who is also the wife of a Department 11 agent, was recently arrested after a lengthy...
Hamhung currency broker sentenced to life in prison
A currency broker charged with running an illegal currency exchange business in Hamhung, South Hamgyong Province, was recently sentenced to life imprisonment during a...
Some N. Korea factory workers in China are not getting paid
North Korean workers at some factories in China are not getting paid because their workplaces have shut down due to financial difficulties, Daily NK...
North Korean restaurants in China continue to face difficulties
North Korean restaurants in China near the border with North Korea have yet to return to normal operations and are even sending their sending...
N. Korea forms group to battle illegal foreign currency transactions
North Korea has moved to strongly crack down on potential "negative effects" caused by the floating of government bonds last month, including the forming...
N. Korea may move to issue public bonds for the first...
For the first time in 17 years, North Korean authorities may be planning to issue public bonds to alleviate the shortage of foreign currency...
Many N. Koreans working in China are still in limbo
North Koreans working at restaurants and factories in China are worried about getting paid, despite the fact that many food joints and manufacturers are...
New North Korean-made LED TV is all the rage in Pyongyang
A new LED television manufactured in North Korea is a hot item at shops in Pyongyang that accept foreign currency, Daily NK has learned.
The...
