Bank of Korea

□ During July 2024, the Korean current account registered a surplus of 9.13 billion dollars. □ Looking at the financial account, net assets increased by 11.03 billion dollars during July.

Sep 06,2024

Bank of Korea

□ Depository corporations increased their industrial lending by 25.0 trillion won in the second quarter of 2024.

Sep 06,2024

Ministry of Agriculture, Food and Rural Affairs

Exports of Korean Agri-food Products Have Increased for 12 Consecutive MonthsSejong, 5 September 2024 — On 3 September, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced that the cumulative value of exports of Korean agri-food products at the end of Augus...

Sep 06,2024

Ministry of Economy and Finance

Deputy Prime Minister Choi Sang-mok held the Ministerial Meeting on International Economic Affairs at the Government Complex-Seoul on September 6 to discuss following agenda items: ①Strategic promotion plans for the Knowledge Sharing Program (KSP), ②Measures to enhance economic c...

Sep 06,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced on September 4 (Wednesday) that it held a forum titled “Policy Discussion for Supporting AI Healthcare SMEs and Startups” at the Melon Hall, L Tower in Yangjae, Seoul. AI healthcare is one of th...

Sep 05,2024

Ministry of Patriots and Veterans Affairs

• MPVA, in collaboration with Korea Aerospace Industries (KAI) and the non-profit "Onday," raised over 92 million KRW through an online public campaign to support Filipino veterans of the Korean War.• Funds will be delivered to the Korean War Bereaved Families Association visitin...

Sep 05,2024

Ministry of Foreign Affairs

1. Deputy Minister for Multilateral and Global Affairs Kweon Ki-hwan met with CEO Sania Nishtar of the Global Alliance for Vaccines and Immunization (Gavi) on September 5, during the latter’s visit to Korea. The two sides discussed ways to strengthen cooperation between the Korea...

Sep 05,2024

Ministry of Trade, Industry and Energy

Korea’s Director General for Energy Policy Choi Yeon-woo at the Ministry of Trade, Industry and Energy (MOTIE) and Japan’s Director General for International Policy on Carbon Neutrality Kihara Shinichi at the Ministry of Economy, Trade and Industry (METI) jointly held...

Sep 05,2024

Ministry of Trade, Industry and Energy

Korea’s Minister for Trade Inkyo Cheong met with Woodrow Wilson International Center (“Wilson Center”) President and CEO Mark Green today and discussed response measures for Korea in the midst of intensifying geopolitical uncertainties and rising protectionism a...

Sep 05,2024

Ministry of Trade, Industry and Energy

Minister for Trade Inkyo Cheong held a conference today at the Korea Chamber of Commerce and Industry (KCCI) with foreign-invested companies and KCCI personnel on measures to expand foreign direct investment (FDI) under the aim of nurturing Korea into a business and investment hu...

Sep 05,2024