Ministry of SMEs and Startups
MSS announced its plan to create a Korean version of Station F
The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced on Thursday, July 25th, that two locations have been selected for establishing the Korean version of Station F: one near the Hongdae area in Seoul and the other in the North Port area in Busan. Station F, loca...
Jul 30,2024
Ministry of Foreign Affairs
Korea-Australia Foreign Ministers' Meeting (July 30)
1. On July 30 in Seoul, Minister of Foreign Affairs Cho Tae-yul met with Australian Minister for Foreign Affairs Penny Wong to discuss Korea-Australia relations as well as regional and global affairs.2. Both ministers recognized the continued development of the cooperative relati...
Jul 30,2024
Ministry of Trade, Industry and Energy
Korea elected as inaugural chair of IPEF Crisis Response Network
The Ministry of Trade, Industry and Energy (MOTIE) announced on July 30 that all three of the supply chain bodies under the Indo-Pacific Economic Framework for Prosperity (IPEF)—Supply Chain Council, Crisis Response Network (“CRN”), and Labor Rights Advisory Boa...
Jul 30,2024
Ministry of Trade, Industry and Energy
Korea’s retail industry grows 10.5% in H1 2024
The Ministry of Trade, Industry and Energy (MOTIE) announced on July 30 that Korea’s retail industry grew 10.5 percent year-on-year in the first half (H1) of 2024, with offline and online sales advancing 3.4 percent and 17.5 percent, respectively.
During H1, offline re...
Jul 30,2024
Ministry of Foreign Affairs
MOFA Spokesperson’s Commentary on Attack on Golan Heights
1. The government of the Republic of Korea condemns the attack on the Druze town of Majdal Shams in the Golan Heights and extends its deep condolences and consolation to the bereaved families of the 12 children killed in the attack.2. The government of the Republic of Korea urges...
Jul 30,2024