Thursday, June 4, 2026

economy

North Koreans Abandon Single-Story Homes for Guarded Apartments

North Koreans in major cities increasingly prefer guarded apartments over traditional single-story homes. Rising crime and soaring heating fuel costs make standalone housing feel...

Mongolia Budget Growth Boosts Early 2026 Revenue

Mongolia Budget Growth continued during the first four months of 2026 as government revenue expanded considerably nationwide. Furthermore, preliminary financial data showed strong increases...

North Koreans Flock to Informal Labor Markets as Jangmadang Decline

Growing numbers of North Koreans turn to informal labor markets to earn a living. Tightened controls on jangmadang during rice-planting season make everyday trading...

North Korea’s Wealthy Convert Apartments Into Duplexes to Hide Cash From State

Wealthy entrepreneurs in North Korea are buying adjacent apartment units and converting them into private duplexes. This asset protection trend emerges from fear that...

South Korea, Japan Agree to Boost Energy Cooperation Amid Iran War Disruptions

South Korean President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi met Tuesday in Lee's hometown of Andong. This energy cooperation summit carried...

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