Ministry of Foreign Affairs

-  Promoting investment and strengthening economic cooperation between the two countries -1. Ambassador of the Republic of Korea to Bahrain Koo Heon Sang and Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa of the Kingdom of Bahrain signed the Ag...

Dec 27,2024

Ministry of Foreign Affairs

1. Vice Minister of Foreign Affairs Kim Hong Kyun held a meeting with Vice Minister for Foreign Affairs of Japan Okano Masataka in Tokyo, Japan, on Thursday, December 26, and exchanged views on bilateral relations, Korea-Japan and Korea-U.S.-Japan cooperation, and North Korea iss...

Dec 26,2024

Ministry of Land, Infrastructure and Transport

Land prices nationwide increased by 0.59% in the 3rd quarter of 2024 rising 0.04%p from the previous quarter, whereas land transaction volume in the same quarter decreased by 0.1% compared to the 2nd quarter of the year The Ministry of Land, Infrastructure and Transport (MO...

Dec 26,2024

Ministry of Trade, Industry and Energy

Minister for Trade Inkyo Cheong of the Republic of Korea chaired the foreign investment policy consultation meeting today at the Korea Trade Insurance Corporation (K-SURE) in Seoul with 16 local governments’ foreign investment promotion officers. The meeting was held under a...

Dec 26,2024

Bank of Korea

□ The Bank of Korea (the “Bank”) will flexibly adjust the pace of Base Rate cuts in line with changes in economic conditions to ensure that inflation remains stable and downward pressures on growth are mitigated, while also paying attention to financial stability risk...

Dec 25,2024

Bank of Korea

The Composite Consumer Sentiment Index (CCSI) for December 2024 stood at 88.4, lower than that in November by 12.3 points. * Please refer to the attached files for details.

Dec 24,2024

Financial Services Commission

The Financial Services Commission announced that the government approved the revision bill for the Enforcement Decree of the Financial Investment Services and Capital Markets Act at the cabinet meeting held on December 24. The upgraded rules on treasury stocks of listed companies...

Dec 24,2024

Ministry of Foreign Affairs

1. Minister of Foreign Affairs Cho Tae-yul had a telephone conversation with Japanese Minister for Foreign Affairs Iwaya Takeshi from 11:15 to 11:35 on December 23, 2024, and the two sides discussed Korea’s domestic situation and Korea-Japan relations.2. Minister Cho said that th...

Dec 23,2024

Ministry of Trade, Industry and Energy

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea’s retail industry grew 8.0 percent year-on-year for the month of November 2024, with offline and online sales advancing 3.9 and 11.8 percent, respectively. MOTIE's mo...

Dec 23,2024

Korea Disease Control and Prevention Agency

- The prevalence of cigarettes smoking decreased significantly over the past decade; however, dietary habits worsened, and the prevalence of obesity and hypercholesterolemia increased. - The 2023 findings show a decline in hypertension prevalence, stagnation in drinking, phy...

Dec 23,2024