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Financial Services Commission

Rule Changes on Corporate Mergers and Acquisitions Approved by the Government

The Financial Services Commission announced that a revision bill for the Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA) intended to upgrade rules on corporate mergers and acquisitions (M&As) was approved by the government at the cabine...

Nov 19,2024

Ministry of Economy and Finance

President Yoon Suk Yeol Announces 45% Increase in Korea’s Contribution to the IDA During G20 Summit

At the G20 Summit (November 18-19, Rio de Janeiro, Brazil), President Yoon Suk Yeol announced during Session 1 (Global Call to End Hunger & Poverty) that Korea would increase its contribution to the International Development Association (IDA)*’s 21st Replenishment by 45%.   * IDA...

Nov 19,2024

Ministry of Economy and Finance

1st VM Kim Meets with the IMF Mission Team for the 2024 Article IV Consultation

On November 19, First Vice Minister Kim Beomseok held a meeting with the International Monetary Fund (IMF) team, led by Mr. Rahul Anand, Mission Chief for Korea. The mission team is in Korea from November 7 to November 20 as part of the 2024 Article IV Consultation*.   * Under Ar...

Nov 19,2024

Ministry of SMEs and Startups

Ministry of SMEs and Startups Signs Agreements with Eight Law Firms and Holds Consultation Meeting to Address Legal and Regulatory Challenges for Startup Expansion Abroad

FOR IMMEDIATE RELEASE                       Nov. 18, 2024                                              ...

Nov 18,2024

Bank of Korea

Issuance of Key Industries and Economic Development in Korea Commemorative Coins

□ Bank of Korea will issue a new series of two commemorative coins highlighting key industries and the economic development of Korea. These coins celebrate Korea‘s national achievements in key industries and its overall economic development, and are aimed at fostering n...

Nov 18,2024

Ministry of Trade, Industry and Energy

Korea and Peru to bolster critical minerals supply chain cooperation

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea entered into a memorandum of understanding (MOU) on critical minerals cooperation with the Ministry of Energy and Mines of Peru on November 16 in Lima on the margins of Korean President Yoon Suk Yeol&rsqu...

Nov 18,2024

Ministry of Patriots and Veterans Affairs

Patriots and Veterans Affairs Under the Yoon Suk Yeol Administration - Key Achievements and Way Ahead -

 key achievements- upgraded to a full ministry since 62 years, signifying the importance of patriots and veterans affairs- established a comprehensive support tem for heroes and their families- promoted a culture honoring uniformed heroes in everyday life way ahead- settle a fi...

Nov 18,2024

Cultural Heritage Administration

‘Korea National University of Heritage Signs MOU with Tainan National University of the Arts for Academic Exchange and Collaboration

‘Korea National University of Heritage Signs MOU with Tainan National University of the Arts for Academic Exchange and Collaboration- Memorandum of Understanding to Expand Academic Exchange and Cooperation in Cultural Heritage Field, November 15, 4 p.m.-The Korea National Un...

Nov 18,2024

Cultural Heritage Administration

'Noldagasena', K-Intangible Cultural Heritage Performance Presented on the Other Side of the World

'Noldagasena', K-Intangible Cultural Heritage Performance Presented on the Other Side of the World - The National Intangible Heritage Center to hold ‘K-Intangible Heritage Festival’ in Salta and Buenos Aires, Argentina (11.16~17, 11.24. / 3 times in total) -The National...

Nov 18,2024

Ministry of Foreign Affairs

Marking 30 Years of UNCLOS: Why the Law of the Sea Convention Still Matters

1. The Ministry of Foreign Affairs (MOFA), in collaboration with the International Tribunal for the Law of the Sea (ITLOS) and the Korean Society of International Law, will host the Ninth International Conference on the Law of the Sea in Seoul from Tuesday, November 19 to Wednesd...

Nov 18,2024