Tag: funds
N. Korea raises wages tenfold after 21 years, but companies struggle...
North Korea raised wages for office workers, laborers and teachers at least tenfold in Oct. 2023, marking the first major wage adjustment since economic...
North Korea launches campaign to mobilize citizens’ idle cash
North Korea has launched a nationwide campaign to mobilize citizens' idle cash through interest-bearing business investments. While the initiative originated with regional enterprises, it...
N. Korean workers forced to fund “pointless” tech offices
North Korean workers in Kyongwon county are being forced to fund upgrades to poorly run "technology distribution offices" after a recent party inspection found...
N. Korea calls on trade officials in China to more aggressively...
North Korean authorities recently ordered trade officials to collect even more foreign currency, citing the fact that the country’s military industry urgently needs money,...
