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Ministry of Trade, Industry and Resources

Korea Advances AI-driven K-Bio Innovation

The Ministry of Trade, Industry and Resources (MOTIR, Minister Kim Jung-kwan), together with KoreaBIO, the Korea Planning & Evaluation Institute of Industrial Technology, the Korea Bio-cluster Federation, and the Medical Device Industry Promotion Foundation, hosted the 2025 B...

Nov 28,2025

Ministry of Trade, Industry and Resources

Korea–EU to Deepen Cooperation on Semiconductors, AI, Future Mobility, Batteries, and Economic Security

Kim Jung-kwan, Minister of Trade, Industry and Resources (MOTIR), met with Henna Virkkunen, Executive Vice-President for Tech Sovereignty, Security and Democracy at the European Commission, on Thursday, November 27, in Seoul to discuss ways to deepen strategic cooperation in adva...

Nov 28,2025

Ministry of Trade, Industry and Resources

Korea to Boost Recycling of Critical Minerals and Advanced Materials

The Korean Agency for Technology and Standards (KATS, President Kim Dae-ja) under the Ministry of Trade, Industry and Resources (MOTIR) announced on November 27 the establishment and promulgation of Good Recycled (GR) quality-certification standards for three platinum-group metal...

Nov 28,2025

Financial Services Commission

Guidelines on Omnibus Account Provided to Facilitate Domestic Stock Investment by Foreign Investors

The Financial Services Commission announced the availability of guidelines on the use of omnibus account for foreign investors on November 27. Background With the introduction of omnibus account in 2017 and the abolishment of the T+2 transactions reporting duty for omni...

Nov 27,2025

Ministry of Agriculture, Food and Rural Affairs

The Results of the Survey on the Korean Food Consumption of Overseas Consumers

The Results of the Survey on the Korean Food Consumption of Overseas ConsumersSejong, 25 November 2025 — From 3 July to 25 August in 2025, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) and the Korean Food Promotion Institute (KFPI) conducted a survey on the Kor...

Nov 27,2025

Ministry of Agriculture, Food and Rural Affairs

The ROK Celebrates the 6th Kimchi Day

The ROK Celebrates the 6th Kimchi DaySejong, 25 November 2025 — On 21 November, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) held a ceremony to mark the 6th anniversary of Kimchi Day (22 November) at the National Folk Museum of Korea in Seoul.Kimchi Day i...

Nov 27,2025

Bank of Korea

Economic Outlook (November 2025)

▣ GDP growth is projected to be 1.0% for 2025 and 1.8% for 2026, revised up from the August forecasts of 0.9% and 1.6%, respectively. ■ Despite the headwinds from U.S. tariffs, growth is expected to strengthen, supported by the recovery in domestic demand and a robust se...

Nov 27,2025

Bank of Korea

★Monetary Policy Decision & Opening Remarks to the Press Conference(November 27, 2025)

The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 2.50% for the intermeeting period. Along with inflation having risen somewhat, the economy continues to improve, driven by consumption and exports, while uncertainty in the growth out...

Nov 27,2025

Ministry of Trade, Industry and Resources

MOTIR Supports Global Expansion of K-Beauty, K-Food, and Other Korean Consumer Goods

Kang Gam-chan, Director General for Trade and Investment at the Ministry of Trade, Industry and Resources (MOTIR, Minister Kim Jung-kwan), attended the “2025 Korea Grand Sourcing Fair (KGSF 2025)” on Wednesday, November 26, at COEX Hall B in Seoul. Organized by the Ko...

Nov 26,2025

Ministry of Patriots and Veterans Affairs

Korea and Türkiye Strengthen International Veterans Affairs Cooperation

The Ministry of Patriots and Veterans Affairs (MPVA) announced that Minister Kwon Oh-eul and Türkiye’s Minister of Family and Social Services, Mahinur Özdemir Göktaş, signed a Memorandum of Understanding (MOU) on Mutual Cooperation for the Commemoration of the Korean War on Monda...

Nov 26,2025