Tag: trade
N. Korea’s emphasis on raw material imports raises hopes about expanded...
The North Korean government is actively helping trading organizations import the raw materials needed for its “20×10 regional development policy,” Daily NK has learned....
N. Korean elite’s demand for luxury clothing, accessories on the rise
Demand for designer goods procured by North Korean trade officials in Pyongyang has increased dramatically, suggesting a growing preference among the upper class for...
Satellite imagery suggests clandestine trade activity between Russia and DPRK
Some satellites orbit the Earth while taking pictures of the world's lights at night. The Joint Polar-orbiting Satellite System (JPSS), operated jointly by NASA...
North Korea’s RMB-KPW market exchange rate sees rapid increase
Foreign exchange rates have risen in North Korea's markets, but the market rate of the Chinese yuan (RMB) to the North Korean won (KPW)...
N. Korea stresses repair of old railways amid push for expanded...
North Korea's central government recently ordered North Pyongan Province to renovate and repair outdated sections of the province's railway network. The order comes amid...
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...
China arrests N. Korean trade official for illegal currency transaction
A North Korean trade official was recently arrested by Chinese police while attempting to illegally exchange foreign currency. The arrest prompted a flurry of...
Exclusive: False eyelashes sold in China are assembled in North Korea
Various types of false eyelashes assembled in North Korean prisons are being packaged in China and sold online, Daily NK has learned.
When Daily NK...
N. Korean rice prices dip in run-up to Lunar New Year
Rice prices at North Korean markets have fallen to some degree in the run-up to the Lunar New Year holiday. The market price of...
N. Pyongan Province ordered to establish joint ventures with foreign entities
The committee tasked with promoting North Korean leader Kim Jong Un's "20×10 regional development policy" recently issued its first order, calling on North Pyongan...
