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Bank of Korea

★Monetary Policy Decision(August 28, 2025)

Monetary Policy Decision The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 2.50% for the intermeeting period. With inflation remaining stable, economic growth, while there is still high uncertainty surrounding the economic growth...

Aug 28,2025

Ministry of Agriculture, Food and Rural Affairs

A Collection of Success Stories of Rural Space Restructuring and Regeneration in the ROK

A Collection of Success Stories of Rural Space Restructuring and Regeneration in the ROKSejong, 28 August 2025 — In April 2025, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) published a collection of success cases of rural spatial restructuring and regeneration...

Aug 28,2025

Ministry of Science and ICT

MSIT to Host the “International Streaming Festival 2025”

- Friday–Monday, August 22–25, 2025, at Paradise Hotel Busan and the Busan Cinema Center - Covers the full spectrum of the streaming industry—OTT, content, technology with a focus on AI, FAST (free ad-supported television), and advertising - Expands its bran...

Aug 27,2025

Ministry of Trade, Industry and Resources

16th Clean Energy Ministerial Meeting and 10th Mission Innovation Ministerial Meeting Begin in Korea

Korea’s Ministry of Trade, Industry and Energy (MOTIE) is hosting the 16th Clean Energy Ministerial Meeting (CEM16) and the 10th Mission Innovation Ministerial Meeting (MI-10) from Monday, August 25 to Wednesday, August 27 at BEXCO in Busan. As part of Energy Super Week...

Aug 27,2025

Ministry of Land, Infrastructure and Transport

Shortened Arrival Procedure Times for Foreign Business Travelers at Incheon International Airport

Starting 31 August 2025, foreign national businesspeople recommended by related economic groups in Korea will be able to shorten international arrival processing times by using related priority fast lanes at Incheon International Airport. The Ministry of Land, Infrastructure...

Aug 27,2025

Ministry of Science and ICT

Capturing Eight Decades of Korean Science & Technology

- Video Series Released to Mark the 80th Anniversary of Liberation, Spotlighting Achievements and Distinguished Contributors The Ministry of Science and ICT (MSIT, Minister Bae Kyunghoon), together with the Korea Foundation for Science and Creativity (KOSAC, President Jung Wo...

Aug 27,2025

Bank of Korea

Interest Rates (Jul 2025)

□ In July 2025, the average interest rate on new deposits was 2.51%, down 4 basis points from the previous month. ― The average interest rate on outstanding amounts of deposits as of end-July was 2.12%, down 3 basis points from the previous month. □ In July 2025, the aver...

Aug 27,2025

Cultural Heritage Administration

Korea Intangible Cultural Heritage Week 2025 Comes to Toronto

 Korea Intangible Cultural Heritage Week 2025Comes to Toronto Celebrating “Living, Time, Arirang” in Toronto with Performances and Exhibitions Showcasing Korean Tradition and InnovationToronto, ON — The Korea Heritage Service (Administrator: HuhMin) and the Korea Herita...

Aug 27,2025

Bank of Korea

Business Survey and Economic Sentiment Index (ESI) for August 2025

□ The Composite Business Sentiment Index (CBSI) for all industries for August 2025 was 91.0, up 1.0 points from the previous month, and that for the outlook for the following month also rose by 3.4 points to 91.8. ― In the manufacturing sector, the CBSI for August 2025 was 93...

Aug 27,2025

Ministry of Patriots and Veterans Affairs

MPVA Promotes Korea’s 2029 Invictus Games Bid at HMS Richmond Reception

Vice Minister Kang Yun-jin will join a reception on HMS Richmond in Busan on Wednesday, August 27. During the event, the Republic of Korea will present a model Turtle Ship to symbolize the nation’s ambition to become the first Asian host of the Invictus Games.

Aug 27,2025