Ministry of Trade, Industry and Resources
MOTIR Supports Global Expansion of K-Beauty, K-Food, and Other Korean Consumer Goods
Kang Gam-chan, Director General for Trade and Investment at the Ministry of Trade, Industry and Resources (MOTIR, Minister Kim Jung-kwan), attended the “2025 Korea Grand Sourcing Fair (KGSF 2025)” on Wednesday, November 26, at COEX Hall B in Seoul. Organized by the Ko...
Nov 26,2025
Ministry of Patriots and Veterans Affairs
Korea and Türkiye Strengthen International Veterans Affairs Cooperation
The Ministry of Patriots and Veterans Affairs (MPVA) announced that Minister Kwon Oh-eul and Türkiye’s Minister of Family and Social Services, Mahinur Özdemir Göktaş, signed a Memorandum of Understanding (MOU) on Mutual Cooperation for the Commemoration of the Korean War on Monda...
Nov 26,2025
Bank of Korea
Interest Rates (Oct 2025)
□ In October 2025, the average interest rate on new deposits was 2.57%, up 5 basis points from the previous month.
― The average interest rate on outstanding amounts of deposits as of end-October was 2.03%, down 1 basis points from the previous month.
□ In October ...
Nov 26,2025
Bank of Korea
Business Survey and Economic Sentiment Index (ESI) for November 2025
□ The Composite Business Sentiment Index (CBSI) for all industries for
November 2025 was 92.1, up 1.5 points from the previous month,
and that for the outlook for the following month remained unchangedfrom the previous month at 91.1.
― In the manufacturing sector, the CBSI f...
Nov 26,2025
Ministry of Land, Infrastructure and Transport
Korea and UAE Connected through Local Airports
The Ministry of Land, Infrastructure and Transport (MOLIT, Minister KIM Yun-duk) and the Ministry of Foreign Affairs (MOFA, Minister CHO Hyun) had bilateral air talks with 13 countries*, including the Dominican Republic, the United Arab Emirates (UAE), and Iceland and so forth, ...
Nov 25,2025