Ministry of Trade, Industry and Energy
Korea and Pakistan to launch negotiations for bilateral EPA
The negotiations for an Economic Partnership Agreement (EPA) with Pakistan, South Asia's second-largest market, officially commenced, marking the start of efforts in 2025 to further expand Korea's export base through strengthened trade networks. Minister for Trade Inkyo Cheong of...
Jan 09,2025
Ministry of Trade, Industry and Energy
Korea named Global Innovation Champion at CES 2025
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea won a place among the new Global Innovation Champions this year at the Consumer Electrics Show (CES) 2025 currently in full swing in Las Vegas, U.S.
As host of CES, the Con...
Jan 08,2025
Bank of Korea
Balance of Payments during November 2024 (preliminary)
□ During November 2024, the Korean current account registered a surplus of 9.30 billion dollars.
□ Looking at the financial account, net assets increased by 9.76 billion dollars during November.
- Refer to the attached file for details.
Jan 08,2025
Financial Services Commission
FSC's Annual Work Plan for 2025
The Financial Services Commission presented annual work plan for 2025 at the annual work report session jointly held for economic ministries under the theme of “economic risk management and revitalization of the economy” on January 8. With market stabilization at...
Jan 08,2025
Ministry of Economy and Finance
Korea’s Government Bond Market is Being Operated Stably
▶ Recently, government bond yields have shown a stabilizing downward trend.
In December, government bond yields rose in part due to external factors such as heightened concern over continued upward inflation pressure stemming from the U.S. President-elect Trump’s tariff policie...
Jan 08,2025
Ministry of Trade, Industry and Energy
Korea’s plant project bid wins surpass $30 bln for 2nd year running
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korean companies won a total of USD 34.1 billion (up 12.7 percent year-on-year) in plant projects during 2024, the highest in nine years since the $36.5 billion secured in 2015.
...
Jan 07,2025
Bank of Korea
Flow of Funds during the 3rd quarter of 2024(preliminary)
- During the third quarter of 2024, the net lending of the total economy (combined domestic sectors) was 36.5 trillion won, representing an increase when compared to the previous quarter (13.0 trillion won).
- Refer to the attached file for details.
Jan 07,2025