Tag: regional development
Pyongyang’s mining recruitment crisis: Free housing can’t keep workers from fleeing
North Korea is forcing discharged soldiers and young people to fill gaps at the country's mines, offering housing, matchmaking services and material assistance to...
North Korea pushes joint ventures with China under new regional development...
Joint venture and joint operation projects between North Korea and China have been brisk throughout North Korea since leader Kim Jong Un's visit to...
Pyongyang enacts comprehensive labor law to eliminate private economic activity
North Korea has enacted a comprehensive labor management law aimed at bringing all work activities under state control, including targeting people engaged in illegal...
What it would take for Trump to play golf with Kim...
South Korean President Lee Jae-myung recently quipped in Washington that he looked forward to US President Donald Trump’s next meeting with Chairman Kim Jong-un,...
North Korea’s showcase factories struggle as prosecutors launch crackdown
North Korea is heavily promoting the achievements of its local industrial factory construction under the "Regional Development 20×10 Policy," but in reality, these factories...
North Korea’s currency crisis drives unprecedented price inflation
North Korean markets are experiencing severe price inflation as the U.S. dollar continues strengthening against the local currency, creating economic hardship across the country.
Multiple...
N. Korea lectures trading companies on benefits of economic independence
Managers at trading companies in Sariwon, North Hwanghae province, recently attended a special lecture on the global economic situation.
According to a Daily NK source...
N. Korean exchange rates hit record highs
North Korean market prices have surged across the board after briefly appearing to stabilize. Rice prices in North Korean markets have broken into the...
China plans major aid initiative as N. Korea relations warm
China appears to be moving toward providing comprehensive "strategic support" to North Korea as the two countries' relationship shows signs of warming.
According to a...
N. Korea blames factory defects on loyalty issues
North Korea is conducting lectures urging factory workers to emulate the patriotic dedication of weapons manufacturers, but employees are frustrated with the regime's focus...
