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November 12, 2019
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North Korea Market Prices Update: November 1, 2019

All prices are in KPW and current as of November 1, 2019. Data: Daily NK

North Korea sentences female drug boss to life in prison

The female leader of a drug smuggling ring and four of her subordinates were recently sentenced to harsh prison time as part of the...

Pre-made kimchi is replacing home-made kimchi in North Korea

The spread of pre-made kimchi at local markets has led some North Korean families to make less kimchi than normal this year, Daily NK...

North Koreans throw increasingly lavish wedding celebrations

With the growth of the market economy and the middle class in North Korea, wedding expenses have risen dramatically in a short period of...

North Korean merchants cut down costs through video-chatting

Some North Korean merchants have started to use the video chatting feature on their smartphones to cut down on business travel costs, Daily NK...

North Korea’s coffee culture grows more mainstream

North Korean coffee has become more affordable and the country’s coffee culture appears to be growing more mainstream, Daily NK sources reported on Friday. Coffee...

Luxury bags slip by UN sanctions, adding to economic disparities

North Korea’s economy is stagnating, but the country’s elite continue to flamboyantly display their wealth and merchants selling luxury items to the elite are ceaselessly targeting...

North Korea loosens rules on motorcycle ownership registration

The Ministry of People’s Safety (MPS) recently began permitting North Koreans to register ownership of motorcycles under their own names, Daily NK has learned.  While...

Plant and fruit-based alcohol gain popularity

North Korean food and beverage factories have ramped up production of alcoholic beverages using medicinal plants and fruits, Daily NK has learned.  “There’s a wider...

South Korean medical devices favored over the competition

North Koreans are increasingly purchasing South Korean-made household medical devices, despite the fact they can cost up to 10 times more than Chinese-made devices,...

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