Tag: regional development
N. Korea encourages Chinese businesspeople to resume commercial activities
The North Korean government is encouraging Chinese businesspeople to resume business activities they were forced to suspend when North Korea closed its borders because...
Growing trade leads to a spike in N. Koreas market exchange...
Market exchange rates in North Korea have hit another high as the US dollar climbs in international markets and trading activity expands in certain...
N. Korea’s shortage of scrap metal highlights its inefficient economic system
Kim Jong Un's ambitious 20x10 regional development plan is already running into problems. In addition to the shortage of common materials such as cement...
N. Korea calls for industries to be better dispersed throughout country
North Korea's government recently issued an order to the provinces calling for industries currently concentrated in Pyongyang and major cities to be better dispersed...
Yuan exchange rate skyrockets amid increased demand for Chinese currency
North Korea's yuan exchange rate is climbing sharply, driven by increased demand for Chinese currency due to North Korea’s “regional development 20x10 policy.”
According to...
N. Korea’s state security agency surveys opinions about new regional development...
North Korea's Ministry of State Security has issued an order to its local branches to determine the opinions of city and county people's committee...
Yanggang Province begins registration drive for new market stalls, commercial shops
The Yanggang Province People's Committee is registering new market stalls and commercial shops, Daily NK has learned.
Speaking on condition of anonymity, a source in...
N. Pyongan Province’s trade activities are still under heavy central government...
While North Korea's provinces are now allowed to conduct a certain level of trade thanks to the "20x10 regional development policy," trade remains tightly...
N. Korea’s rising exchange rates are due to greater autonomy in...
Exchange rates are on the rise in North Korea's markets. The trend is related to the government's new "20x10 regional development policy," which has...
Much fewer N. Korean soldiers will participate in live-fire drills this...
The North Korean military recently distributed a rubric for assessing the winter exercises, which will be concluding at the end of this month. But...
