Tag: wealthy
Chanel products popular among N. Korea’s wealthy
Chanel cosmetics and perfumes are becoming the latest status symbol among North Korea’s elite, as wealthy people in cities like Hoeryong and Chongjin increasingly...
Fur and famine: N. Korea’s elite flout luxury bans as workers...
North Korea’s elite women are flaunting luxury fur coats worth millions of won—enough to buy a provincial home or feed a family for years—while...
N. Koreans struggle to obtain wind blockers as winter approaches
Many households in North Korea’s Ryanggang province — where winter temperatures plummet to close to 30 degrees Celsius below freezing — lack wind blockers...
N. Korean trading companies try to meet consumer demand for foreign...
North Korean trading companies have recently been importing large quantities of clothing from South Korea and other countries popular with North Korean consumers.
A source...
Bag inspections and struggle sessions fail to stop Pyongyang students from...
South Korea's unique custom of couples and friends exchanging pairs of stick-shaped snacks on Nov. 11 has arrived in Pyongyang. Aware of this, the...
North Korea’s wealthy pay premium for imported winter coats as status...
Puffer coats from foreign brands imported by state-authorized smugglers have become very popular with affluent North Korean customers at marketplaces in Hyesan, Ryanggang province,...
N. Korean money changers profit from currency fluctuations
North Korean money changers have reaped substantial profits from recent currency fluctuations. While money changers have increased their foreign currency assets in a short...
Coffee culture booms in N. Korea as wealthy shed modesty
Coffee shops have proliferated across North Korea in recent years, becoming common fixtures not only in Pyongyang and major cities but even in rural...
Currency chaos hits North Korea as yuan drops but prices stay...
The exchange rate between North Korean won and Chinese yuan has crashed in the border city of Sinuiju following Kim Jong Un's visit to...
Pyongyang targets elite privilege in student job placements
North Korean authorities are cracking down on corruption in workplace assignments for technical high school graduates, aiming to prevent wealthy and powerful families from...
