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Ministry of Oceans and Fisheries

Act on Climate and Climate Change Monitoring and Forecasting to be Enforced on October 25

- Preparing detailed procedures for establishing a national climate change monitoring and forecasting strategy -Systematic climate change monitoring and production and joint use of various kinds of climate forecast information The Ministry of Oceans and Fisheries (MOF) and th...

Oct 31,2024

Bank of Korea

Interest Rates (Sep 2024)

□ In September 2024, the average interest rate on new deposits was 3.40%, up 5 basis points from the previous month. ― The average interest rate on outstanding amounts of deposits as of end-September was 2.59%, down 1 basis points from the previous month. □ In Septemb...

Oct 31,2024

Ministry of Land, Infrastructure and Transport

Air Traffic Rights for Regional Airports-Istanbul Newly Established

The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) has announced the initial establishment of air traffic rights between Korean regional airports and Istanbul in Turkey operating passenger flights three times a week at the aviation talks held on ...

Oct 31,2024

Ministry of Trade, Industry and Energy

Minister Ahn chairs 3rd Global Trade Strategy Meeting

Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea chaired the third Global Trade Strategy Meeting today in Seoul with the participation of relevant experts and representatives of economic groups and major industries including semiconductors, automobiles...

Oct 31,2024

Ministry of Trade, Industry and Energy

From latest global trends to export strategy, Overseas Certification Trends 2024 provides one-stop update

The Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea launched the Overseas Certification Trends 2024 (“Trends 2024”) on October 31 at the Seoul Trade Exhibition Center (SETEC) together ...

Oct 31,2024

Ministry of Foreign Affairs

Joint Government Site Inspection Team Visits Gyeongju, Gyeongsangbuk-do, Host City of APEC Economic Leaders’ Meeting (AELM)

1. On Thursday, October 31, 2024, the Joint Government Site Inspection Team visited Gyeongju, Gyeongsangbuk-do, -- the host city for the 2025 APEC Economic Leaders’ Meeting (AELM) -- to review the progress in preparations for next year’s APEC meetings.2. At the third meeting of t...

Oct 31,2024

Ministry of Economy and Finance

KTB Issuance Plan, November 2024

The Ministry of Economy and Finance plans to issue Korea Treasury Bonds worth approximately 6,100 billion won in November 2024 through competitive bidding.   Auction Schedule, November 2024 (Unit: KRW billion) Name Auction Notice Auction Date Settlement Date Issue D...

Oct 31,2024

Ministry of Economy and Finance

Monthly Industrial Statistics, September 2024

Statistics Korea released 'Monthly Industrial Statistics, September 2024' report on October 31, 2024. The Index of All industry production in September decreased by 0.3 percent from the previous month. Please refer to the attached pdf for the full report.

Oct 31,2024

Financial Services Commission

FSC Vice Chairman Visits Germany and Lithuania to Support Overseas Expansion of Korean Financial Services

Vice Chairman Kim Soyoung of the Financial Services Commission visited Frankfurt, Germany and Vilnius, Lithuania from October 28 to November 1 in order to seek stronger financial cooperation with the European countries following bilateral summit meetings held in 2023. Meetin...

Oct 31,2024

Financial Services Commission

KoFIU Unveils H1 2024 Survey Result on Virtual Asset Service Providers

The Korea Financial Intelligence Unit (KoFIU) conducted a survey on 21 registered virtual asset service providers (VASPs) to assess the current state of the domestic virtual asset market and keep relevant statistics up to date. Survey Overview (Respondents)  21 VAS...

Oct 31,2024