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Ministry of Patriots and Veterans Affairs

2026 MPVA Budget Finalized at KRW 6.687 trillion: KRW 28.8 billion Increase from Government Proposal

The Ministry of Patriots and Veterans Affairs (Minister Kwon Oh-eul) announced that its 2026 budget has been finalized at KRW 6.687 trillion after deliberation by the National Assembly, an increase of KRW 28.8 billion over the original government proposal. This represents a 3.7% ...

Dec 05,2025

Bank of Korea

Industrial Loans of Depository Corporations during Q3 2025

□ Depository corporations increased their industrial lending by 20.2 trillion won in the third quarter of 2025.

Dec 05,2025

Bank of Korea

Balance of Payments during October 2025 (preliminary)

□ During October 2025, the Korean current account registered a surplus of 6.81 billion dollars. □ Looking at the financial account, net assets increased by 6.81 billion dollars during October 2025.

Dec 05,2025

Ministry of Science and ICT

Inaugural Ministerial Meeting on Science and Technology Held under the Chairmanship of Prime Minister Kim Min-seok

- With the Deputy Prime Minister for Science and Technology serving as the standing chair, the Meeting will coordinate whole-of-government science, technology, and AI policies. - Ten key agenda items discussed, including the “Ten Major AI Projects for the Public,” ...

Dec 05,2025

Ministry of Science and ICT

Korea and UAE to Jointly Advance the UAE Stargate Project

- Korea and the UAE agree to cooperate on major projects, including a joint energy-mix-based hyperscale AI data center project. - The two countries announce the bilateral “Strategic AI Cooperation Framework” and plan to establish sector-specific working groups. ...

Dec 05,2025

Ministry of Health and Welfare

MOHW Announces KRW 137.4949 Trillion Budget for 2026

MOHW Announces KRW 137.4949 Trillion Budget for 2026 The Ministry of Health and Welfare (MOHW, Minister Jeong Eun Kyeong) announced that, following National Assembly approval on Tuesday, December 2, 2025, total expenditure under the 2026 MOHW budget and fund management plan ...

Dec 04,2025

Ministry of Foreign Affairs

6th Korea–Pacific Islands Foreign Ministers’ Meeting to Take Place

– Exploring Ways to Strengthen “Partnership for Resilient, Peaceful and Prosperous Pacific” –The Ministry of Foreign Affairs will host the 6th Korea–Pacific Islands Foreign Ministers’ Meeting in Seoul on Tuesday, December 9. The event will be co-chaired by Minister of Foreign Aff...

Dec 04,2025

Ministry of Health and Welfare

Telemedicine Legislation Passes National Assembly Plenary Session for the First Time in 15 Years

Telemedicine Legislation Passes National Assembly Plenary Session for the First Time in 15 Years - Amendment to the Medical Service Act establishes legal grounds for doctor-to-patient telemedicine and intermediary platforms - - Government commits to ensuring safe and conven...

Dec 04,2025

Ministry of Foreign Affairs

Korea’s Space Companies Seek to Expand Global Cooperation by Meeting with Foreign Space Agencies

- Global New Space Forum Successfully Hosted by Ministry of Foreign Affairs and Korea Aerospace Administration on December 4 -The “Global New Space Forum in Seoul,” organized by the Ministry of Foreign Affairs and the Korea Aerospace Administration to provide opportunities for Ko...

Dec 04,2025

Ministry of Agriculture, Food and Rural Affairs

The ROK Creates an Innovative Ecosystem for the Green-bio Industry

The ROK Creates an Innovative Ecosystem for the Green-bio IndustrySejong, 4 December 2025 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) designated seven provinces—Gyeonggi-do, Gangwon-do, Chungcheongnam-do, Gyeongsangbuk-do, Gyeongsangnam-do, Jeollabuk-do, an...

Dec 04,2025