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Ministry of Health and Welfare

NPS Posts 9.71% Return in H1 2024

NPS Posts 9.71% Return in H1 2024   - Its total AUM reached KRW 1,147 trillion, including KRW 680.4 trillion in cumulative investment income since inception -   □ The National Pension Fund delivered a return of more than 9% for the first half of 2024.   ○ T...

Sep 19,2024

Anti-Corruption & Civil Rights Commission

Citizen Deok-hee, 8 Years after being known to the World, Receives a 50 Million Won in Reward

"Citizen Deok-hee, 8 Years after being known to the World, Receives a 50 Million Won in Reward for Reporting" - ACRC paid the whistleblower of a voice phishing scam, who is the real-life protagonist of the movie Citizen Deok-hee, a reward of 50 million won for reportin...

Sep 19,2024

Anti-Corruption & Civil Rights Commission

“Improvement Needed in Disability Employment Levy to Ensure Stress-Free Parental Leave”

“Improvement Needed in Disability Employment Levy to Ensure Stress-Free Parental Leave” ACRC calls for adjustments to employer obligations regarding levy payments during disabled workers’ parental leave   (August 21, 2024, ACRC)   To ensure disa...

Sep 19,2024

Anti-Corruption & Civil Rights Commission

“Adapting to a Challenging South Korea: Strengthening Support for North Korean Defectors”

“Adapting to a Challenging South Korea: Strengthening Support for North Korean Defectors” ACRC held discussions with North Korean defectors and relevant organizations at the Government Complex in Seoul on August 8. Discussions included challenges and suggestions for...

Sep 19,2024

Anti-Corruption & Civil Rights Commission

“Prohibition of Special Employment and Additional Scores for Veterans Should be carefully examined”

"Prohibition of Special Employment and Additional Scores for Veterans Should be carefully examined" … Public Institutions’ Employment Regulations to be ‘Modified’ - ACRC conducts ‘employment regulation consulting’ for local public i...

Sep 19,2024

Anti-Corruption & Civil Rights Commission

All Local Councils to be Subject to Comprehensive Integrity Assessment from This Year

All Local Councils to be Subject to Comprehensive Integrity Assessment from This Year - ACRC to conduct a survey for the Comprehensive Integrity Assessment starting from August, including via phone, text messages, and Kakao Talk, with new indicators to assess local councils&rsqu...

Sep 19,2024

Ministry of Economy and Finance

Meeting on Macroeconomic and Financial Stability (Sep. 19, 2024)

On September 19, Deputy Prime Minister Choi Sang-mok held an emergency Meeting on Macroeconomic and Financial Stability with related institutions[1] to assess the impact of the decision by the U.S.’s Federal Open Market Committee (FOMC) to cut the benchmark interest rate on domes...

Sep 19,2024

Ministry of SMEs and Startups

Vietnamese Small Business Popup Store Event Concludes Amidst Warm Enthusiasm

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced that a popup store for small businesses held in Vietnam successfully concluded with 22,000 local visitors over the span of seven days.   The popup store event for small businesses, held from August 28 (...

Sep 13,2024

Ministry of SMEs and Startups

Introduction of the Right to Seek Prohibitory Measures for the Improper Use of Technical Data

Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced that a partial amendment to the Act on the Promotion of Mutually Beneficial Cooperation Between Large Enterprises and Small and Medium Enterprises (‘Cooperative Partnerships Act’) passed the State Coun...

Sep 13,2024

Ministry of Economy and Finance

Current Economic Situation, September 2024

In July, services production and facilities investment went up, while industrial production, retail sales, and construction investment fell.  Despite increases in services production (+0.7% m-o-m, +2.2% y-o-y), the decrease in industrial production (-3.6% m-o-m, +5.5% y-o-y) and...

Sep 13,2024