Ministry of Land, Infrastructure and Transport

The 7th Global Railway Training Program with 32 selected trainees from 13 countries kicked off to continue to take the legacy of exporting Korean high-speed train The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) has launched the 7th Global R...

Oct 13,2024

Ministry of Foreign Affairs

- U.S. Ambassador-at-Large for Global Criminal Justice Joined the Meeting, Affirming Commitment to Cooperation on Accountability for North Korean Human Rights Violations. -1. Vice Minister for Strategy and Intelligence Cho Koo-rae met with United States Special Envoy on North Kor...

Oct 12,2024

Ministry of Foreign Affairs

1. The government of the Republic of Korea is deeply concerned about the Israel Defense Forces (IDF)’s recent attacks on the property and personnel of the United Nations Interim Force in Lebanon (UNIFIL), and condemns all actions that threaten UNIFIL’s safety.2. The ROK governmen...

Oct 11,2024

Ministry of Trade, Industry and Energy

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea will hold the Tokyo Hallyu Expo 2024 (“Hallyu Expo”) from October 12–13 in Tokyo through joint organization with Korea’s Ministry of Culture, Sports and Tourism (MCST), Ministry of...

Oct 11,2024

Ministry of Science and ICT

- Joint Announcement of “Policy Directions for National AI Strategies” at the 1st National AI Committee chaired by President Yoon Suk Yeol, setting the course for Korea's leap to AI G3 - Unified Efforts Between Government and Private Sector to implement four nation...

Oct 11,2024

Bank of Korea

▣ Korea’s economy resumed its growth trend on the back of consumption recovery and continuing growth in exports, but the pace has been moderate largely due to sluggishness in construction investment. ￭ Regarding the future path of growth, uncertainty has increased som...

Oct 11,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) has announced that K-startup Waddle Corp (CEO Park Ji-hyuk), a representative startup in the AI sector that has been collaborating with OpenAI through the Global Company Collaboration Program*, signed an Enterprise Agre...

Oct 11,2024

Bank of Korea

Monetary Policy Decision The Monetary Policy Board of the Bank of Korea decided today to lower the Base Rate by 25 basis points, from 3.50% to 3.25%. While inflation is showing a clear trend of stabilization, household debt growth has begun to slow with tightened macroprudent...

Oct 11,2024

Financial Services Commission

In September 2024, the outstanding balance of household loans across all financial sectors rose KRW5.2 trillion (preliminary), growing at a slower pace compared with the previous month (up KRW9.7 trillion). * Change (in trillion KRW, m-o-m): +4.1 (Apr 2024), +5.3 (May), +4.2...

Oct 11,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) selection evaluation results for the ‘2024 Foreign Startup Commercialization Support Project (Pilot).’   The project is being implemented as a pilot in 2024 to promote domestic startups by foreign ent...

Oct 10,2024