Tag: Market Economy
N. Korea’s recent firings of officials are excessive
North Korea is moving forward with an excessive level of personnel changes in a push to achieve state-led projects.
On Mar. 8, a source inside...
What’s behind the decline in the incomes of market sellers?
The incomes of North Korean market sellers continue to decline even though trade with China and Russia has partially resumed with the easing of...
Pyongyangites thrilled about newly available chickens and eggs
Pyongyang residents are thrilled about the Kwangchon Chicken Farm chicken and eggs recently made available by their government, Daily NK has learned.
Speaking on condition...
North Koreans face difficulties amid spike in rice prices
North Koreans are suffering from worsening food shortages amid a recent spike in the price of rice.
Speaking on condition of anonymity for security reasons,...
Chongjin man arrested for selling unusable mobile phone
A young man in Chongjin was recently detained after North Korean authorities caught him selling a broken mobile phone, Daily NK has learned.
Speaking on...
N. Korean officials in Sinuiju hold lecture criticizing “female criminals”
Sinuiju officials recently held a lecture calling on people to "step up the struggle against women who commit crimes and treat our present suffering...
Chinese yuan exchange rate strengthens amid hopes for expanding trade
While the KPW-USD exchange rate in North Korean markets recently fell slightly, the yuan is strengthening as expectations rise about expanding trade with China.
According...
New Year’s holiday exposes large gaps between N. Korea’s rich and...
Sinuiju’s well-off and low-income families celebrated the New Year's holiday in very different ways, with particularly stark differences in what kind of meals they...
Why N. Koreans are making less and less of meju, an...
Meju (fermented soybeans mash) is the key component in multiple commonly used Korean seasonings, including doenjang, gochujang, and soy sauce. It was commonly made...
N. Korea conducts unprecedented survey for market sellers, consumers
North Korean authorities recently conducted surveys for market sellers and customers with a view to improving the management of markets. The survey asked about...
