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Ministry of SMEs and Startups

First South Korea-UAE SME and Startup Committee Meeting Held

FOR IMMEDIATE RELEASE                        Dec. 13, 2024                                             &...

Dec 13,2024

Ministry of SMEs and Startups

Meeting between the Ministry of SMEs and Startups of Korea and the Minister of Production of Peru

FOR IMMEDIATE RELEASE                     Dec. 13, 2024                                               &...

Dec 13,2024

Ministry of Economy and Finance

Current Economic Situation, December 2024

In October, service production saw an increase and industrial production was stagnant, while retail sales, facilities investment and construction investment went down.     Industrial production remained flat (0.0% m-o-m, +6.3% y-o-y), while service production increased (+0.3% m-o...

Dec 13,2024

Ministry of Economy and Finance

Korea’s OFDI Posts $14.19 Billion in Q3 2024

Korea’s OFDI, Q2 2024  (US $billion, %, y-o-y) Korean OFDI 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3    Amount    invested 28.25 19.85 18.48 15.10 17.70 16.10 15.09 16.28 16.37 15.93 14.19    Change (%) 147.9...

Dec 13,2024

Ministry of Foreign Affairs

Outcomes of ROK-Australia Indo-Pacific Dialogue and Second ROK-Japan-Australia Indo-Pacific Dialogue

1. On Thursday morning, December 12, the Republic of Korea (ROK) and Australia held the "ROK-Australia Indo-Pacific Dialogue" (hereinafter referred to as the "Dialogue") at the Ministry of Foreign Affairs. The ROK was represented by Ms. Eui-hae Cecilia Chung, Special Representati...

Dec 12,2024

Ministry of Science and ICT

Prof. Bumjoon Kim of POSTECH Receives December 2024 Scientist of the Month Award

- Recognized for the world’s first experimental observation of a quantum spin nematic phase, validating a long-standing theoretical prediction The Ministry of Science and ICT (Minister Yoo Sang-im, hereinafter “MSIT”) and the National Research Foundation ...

Dec 12,2024

Ministry of Science and ICT

MSIT Announces "Zero Trust Guideline 2.0"

- A methodology for assessing the implementation level of Zero Trust security in enterprises and strengthening their capabilities. - A practical guide to support enterprises in adopting the Zero Trust model. The Ministry of Science and ICT (MSIT), led by Minister Yoo Sa...

Dec 12,2024

Ministry of Economy and Finance

Emergency Meeting on Macroeconomic and Financial Issues (Dec.12, 2024)

On December 12, Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok convened an Emergency Meeting on Macroeconomic and Financial Issues at the Korea Federation of Banks with Governor of the Bank of Korea (BOK), Chairman of the Financial Services Commission (FS...

Dec 12,2024

Financial Services Commission

Authorities Introduce Administrative Guidelines on Green Finance for Application on K-taxonomy

The Financial Services Commission, the Ministry of Environment, and the Financial Supervisory Service announced on December 12 the establishment of administrative guidelines on green finance for application on the green economic activities specified by K-taxonomy. In 2021, the Mi...

Dec 12,2024

Ministry of Foreign Affairs

Outcomes of Second ROK-U.S.-Japan Indo-Pacific Dialogue

1. On Wednesday, December 11, 2024, the Republic of Korea (ROK), the United States and Japan held their second "Indo-Pacific Dialogue" in Tokyo, Japan.※ Chief Representatives  - (ROK) Eui-hae Cecilia Chung, Special Representative for Indo-Pacific  - ...

Dec 11,2024