Ministry of Foreign Affairs

Minister of Foreign Affairs Cho Hyun held a telephone conversation with H.H. Sheikh Abdullah Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates (UAE) at 10:30 p.m. on Thursday, March 5, and discussed the current situation in the...

Mar 06,2026

Ministry of Health and Welfare

Biohealth Exports Reach Record High of USD 27.9 Billion in 2025 - Pharmaceutical exports surpass USD 10 billion for the first time; cosmetics reach a record high for the second consecutive year - - MOHW targets USD 30.4 billion in exports this year, with strengthened support ...

Mar 06,2026

Ministry of Trade, Industry and Resources

Trade Minister Yeo Han-koo of the Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) held a meeting in Seoul on March 5, 2026, with the ambassadors of four MERCOSUR countries—Argentina, Brazil, Paraguay, and Uruguay. The meeting followed up on the Korea&ndas...

Mar 06,2026

Ministry of SMEs and Startups

Rising instability in the Middle East is beginning to affect Korean exporters, prompting the government to introduce new support measures aimed at easing the burden on small and medium-sized enterprises (SMEs). In response the Ministry of SMEs and Startups (MSS) held an emergency...

Mar 06,2026

Bank of Korea

1. For January 2026, the Korean current account registered a surplus of 13.26 billion dollars. ― The goods account recorded a net 15.17 billion dollar surplus as exports increased by 30.0% to 65.51 billion dollars and as imports increased by 7.0% to 50.34 billion dollars, bo...

Mar 06,2026

Ministry of Agriculture, Food and Rural Affairs

The Rural Basic Income Pilot Programme Seeks Demographic and Economic TurnaroundSejong, 6 March 2026 — On 11 February, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced the guidelines for implementation of the rural basic income pilot programme, and notif...

Mar 06,2026

Ministry of Trade, Industry and Resources

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) held an AI Robot M.AX Alliance meeting on March 5, 2026, at the Korea Chamber of Commerce and Industry (KCCI). Chaired by Kim Sung-yeol, Deputy Minister for Industry and Growth, the meeting brought together in...

Mar 05,2026

Bank of Korea

□ Korea's official foreign reserves as of the end of February 2026 amounted to 427.6 billion dollars. ㅇ Korea’s official foreign reserves consisted of securities valued at 380.0 billion dollars (88.9%), deposits of 22.5 billion dollars (5.3%), SDRs of 15.8 billion dolla...

Mar 05,2026

Financial Services Commission

The Financial Services Commission approved a set of legislative and regulatory revision proposals intended to establish rules on business development companies (BDCs) at the regularly scheduled meeting held on March 4. Under the auspices of the Financial Investment Services and C...

Mar 05,2026

Ministry of Agriculture, Food and Rural Affairs

Key Findings from the 2025 Survey on the Status of Households that Return to Farming and Return to Rural LifeSejong, 5 March 2026 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced the results of the “2025 Survey on the Status of Households that Return t...

Mar 05,2026