Tag: Markets
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...
Prices of rice sold in N. Korea’s state-run food shops similar...
Since the end of last year's fall harvest, the price of rice in state-run grain stores has been little different from that sold in...
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...
Pyongsong launches year-end inspections of local markets
The commerce department of Pyongsong's people’s committee recently launched year-end financial inspections of local markets, Daily NK has learned.
Speaking on condition of anonymity for...
Amid imports from China, N. Korean rice prices continue gradual march...
North Korean rice prices, which had already been declining due to recent imports of food from China, are continuing their slow march downwards in...
Electric bicycles popular among monied N. Koreans
Electric bicycles are popular among some North Koreans despite their prohibitive cost, Daily NK has learned.
“You can find plenty of electric bikes in marketplaces...
S. Pyongan Province warns business people about false labelling
South Pyongan Province authorities are warning business people selling goods in markets that they face criminal punishments for falsely labelling the goods they sell,...
Operators of state-owned shops in Chongjin give more than 60% of...
Business people who own the rights to operate government stores in Chongjin are giving the state more than 60% of their monthly profits, Daily...
