Tag: interest rates
Spring hunger forces N. Korean rural families to borrow grain at...
The number of "food-poor families" has recently grown as North Korea's spring hunger season intensifies, worsening the already severe seasonal food shortages.
"The number of...
N. Korean province turn to bank loans to counter private lending...
North Hwanghae's provincial people's committee plans to facilitate bank loans to farms for spring planting, Daily NK has learned.
According to a source in the...
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...
S. Pyongan Province’s rural areas are facing extreme levels of hardship
People living in farming communities in South Pyongan Province are suffering extreme hardship, Daily NK has learned.
Speaking on condition of anonymity, a Daily NK...
N. Korea hands out eight months’ worth of rations to major...
North Korea has recently provided workers at eight major munitions factories in Pyongyang, North Pyongan Province, and other areas of the country with eight...
N. Korean importers complain about long inspection periods
North Korean importers are complaining that inspections of goods at Hyesan's customs house are taking too long, Daily NK has learned.
Speaking on condition of...
N. Korea moves to increase public confidence in banking system
Four months have passed since North Korea launched what it calls its "20×10 regional development policy." Kim Jong Un personally unveiled the project, which...
N. Korea moves to restrain regional commercial banks from setting high...
North Korea is restraining regional commercial banks from setting high rates of interest, Daily NK has learned.
A Daily NK source in Pyongyang said Tuesday...
