Financial Services Commission

The Securities and Futures Commission, a sub-commission within the Financial Services Commission responsible for overseeing the securities and futures markets, held the thirteenth regular meeting on July 3 and decided to impose penalty surcharges amounting to KRW27.173 billion in...

Jul 03,2024

Ministry of Economy and Finance

Ⅰ. Background   Korea achieved unprecedented rapid growth from the ruins of war, transforming from one of the world’s poorest countries to a developed nation. The combination of entrepreneurship and an export-driven strategy under the multilateral trade system (e.g., GATT, WTO) h...

Jul 03,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) held the kick-off meeting of a consultative group to facilitate the global expansion of small and medium-sized enterprises (SMEs) at the Seoul Center for Creative Economy & Innovation. Twenty-three institutions, inc...

Jul 02,2024

Ministry of Oceans and Fisheries

- Introducing MOF policies on conservation of marine environment, including conservation of marine biodiversity, international cooperation in marine and fisheries initiatives and so on - The Ministry of Oceans and Fisheries held a policy briefing session for foreign corres...

Jul 02,2024

Statistics Korea

□ The Consumer Price Index was 113.84(2020=100) in June 2024. The index decreased 0.2 percent from the preceding month and rose 2.4 percent from the same month of the previous year. ◦ The index excluding food and energy was 110.95 in June 2024. The index remained unchanged fro...

Jul 02,2024

Ministry of Economy and Finance

The Consumer Price Index was 113.84(2020=100) in June 2024.  The index decreased 0.2 percent from the preceding month and rose 2.4 percent from the same month of the previous year. Please refer to the attached pdf for the full report.

Jul 02,2024

Ministry of Economy and Finance

The consumer price index (CPI) in June 2024 rose by 2.4% y-o-y, down 0.3%p from May (2.7%). This decline was influenced by falling agricultural product prices (-5.3% m-o-m, +13.3% y-o-y) due to favorable weather conditions, as well as the continued stabilization in prices of proc...

Jul 02,2024

Ministry of Environment

▷ Starting in July, it will be possible to check flood warnings for 223 locations nationwide in real-time through six major navigation systems commonly used by the public, including Kakao Navi, TMAP, Naver Map, Hyundai Navigation, Kia Navigation, Atlan, and iNavi Air.▷ ...

Jul 02,2024

Ministry of Environment

▷ Korea’s Ministry of Environment and Vietnam’s Ministry of Natural Resources and Environment sign MOU for establishing the Vietnam Resource Recycling Industrial Zone (RRIZ) during bilateral prime ministers’ meetingThe Ministry of Environment (Minister Han Hwa-jin) announced...

Jul 02,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) and the Korea Fair Trade Commission (KFTC, Chairperson HAN Ki Jeong) attended the second-quarter regular meeting of the CVC Council under the Korea Venture Capital Association (KVCA, Chairman YOON Gun-soo) on Thursday, ...

Jul 01,2024