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Ministry of Trade, Industry and Resources

Korea Trade Commission Recommends Price Undertakings for Chinese Hot-rolled Steel Plates

The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy held its 463rd KTC meeting on Thursday, August 28, 2025, to deliberate and resolve one anti-dumping investigation and four intellectual property (IP) infringement investigations related to exports a...

Sep 01,2025

Ministry of Data and Statistics

Online Shopping in July 2025

○ The online shopping transaction value marked 23.0335 trillion won in July 2025, rising 7.3% from July 2024. ○ The mobile shopping transaction value marked 18.1568 trillion won in July 2025, rising 10.0% from July 2024. ※ For more information, refer to the attached fi...

Sep 01,2025

Ministry of Health and Welfare

MOHW Holds Networking Event Supporting Global Expansion of Biohealth Startups

MOHW Holds Networking Event Supporting Global Expansion of Biohealth Startups   - K-BIC Venture Cafe held in collaboration with Johnson & Johnson’s JLABS Korea - The Ministry of Health and Welfare (MOHW, Minister Jeong Eun Kyeong) held the K-BIC Venture Cafe o...

Aug 29,2025

Ministry of Trade, Industry and Resources

Korea’s Prime Minister Attends Opening Ceremony of 2025 WCE

The 2025 World Climate Industry EXPO (WCE) opened on August 27 in Busan, Korea. This large-scale international event is co-hosted by the Korean government, the International Energy Agency (IEA), and the World Bank (WB) as the flagship of Energy Super Week, held from August 25 to ...

Aug 29,2025

Bank of Korea

Gross Domestic Product Estimates for North Korea in 2024

* North Korea’s economic indicators related to the national accounts, such as growth rate, industrial structure, economic size, and per capita GNI, are estimated based on South Korea’s prices and value-added ratios, and thus should not be directly compared with those ...

Aug 29,2025

Ministry of Health and Welfare

NPS Posts 4.08% Return in H1 2025

NPS Posts 4.08% Return in H1 2025 - The Fund’s assets at KRW 1,269 trillion, up KRW 56 trillion from year-end -  - Cumulative investment income of KRW 787.5 trillion since inception in 1988 -   The National Pension Fund delivered a return of more than 4% in ...

Aug 29,2025

Ministry of Science and ICT

Korean Team Develops World’s First Micro-Robot Inspired by Rhagovelia’s Agile Water-Surface Motion

- Research by Prof. Koh Je-sung’s group at Ajou University appears as the cover article in Science - Findings point to applications in next-generation aquatic robots, ocean exploration, and disaster response The Ministry of Science and ICT (Minister Bae Kyunghoon) announced ...

Aug 29,2025

Ministry of Health and Welfare

Global Training Hub for Biomanufacturing Provides Training on Vaccine Manufacturing with WHO

Global Training Hub for Biomanufacturing Provides Hands-on Training on Vaccine Manufacturing in Collaboration with WHO - Second year of the WHO collaborative training following 2024 - 35 participants from 20 low- and middle-income countries to undergo a four-week hand...

Aug 29,2025

Ministry of Science and ICT

Lee Jae Myung Administration Unveils First R&D Budget: Record KRW 35.3 Trillion Investment

- Strategic investment to fully restore the research ecosystem and achieve genuine growth - Transition to an R&D investment framework focused on technology-driven and inclusive growth The Ministry of Science and ICT (MSIT, Minister Bae Kyunghoon) announced that, at the pl...

Aug 29,2025

Ministry of Data and Statistics

The Index of Services in July 2025

□ In July, the Index of Services went up by 0.2% month-on-month owing to the rise in 'Wholesale and retail trade‘ and 'Information and communication' in spite of the drop in 'Financial and insurance activities’. ❍ In July, the Index of Services grew by 2.1% year-...

Aug 29,2025