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

Cultural Heritage Administration

 2024 World Forum for Intangible Cultural Heritage - Encounters for Broadening the Horizon of Intangible Cultural HeritageOn October 17 and 18 in Small Performance Hall at the National Intangible Heritage CenterThe 2024 World Forum for Intangible Cultural Heritage will ...

Oct 10,2024

Ministry of Environment

▷ Korea’s representative comprehensive environmental expo, featuring participation from 210 companies and institutions, opens on October 10 at COEXTwenty years ago (as of 2004), there were about 23,000 green industry enterprises, which has recently (as of 2022) exceeded over...

Oct 09,2024

Ministry of Foreign Affairs

1. The government of the Republic of Korea has decided to provide US$500,000 in humanitarian aid to Nepal to support the latter’s ongoing relief efforts in response to the recent heavy rains.2. The ROK government hopes that this assistance will support the recovery of the affecte...

Oct 08,2024

Cultural Heritage Administration

 ‘K-Heritage Leadership Program’ for Global Leaders(October 5-November 30, every Saturday) - In the framework of K-HeritageAcademy(non-degree program) by the Korea National University of Heritage…aheritage education initiative for foreign residents in Korea-The Korea Na...

Oct 08,2024

Ministry of Foreign Affairs

1. The Ministry of Foreign Affairs hosted the “Global Forum on APEC 2025 Korea : Theme and Priorities” in collaboration with the APEC Studies Association of Korea in Seoul on Monday, September 30. At the event, Vice Minister of Foreign Affairs Kang Insun delivered congratulatory ...

Oct 07,2024

Ministry of Trade, Industry and Energy

The Ministry of Trade, Industry and Energy (MOTIE) announced today that the accumulated foreign direct investments (FDIs) pledged to Korea through January–September in 2024 (Q1–Q3) rose 5.2 percent year-on-year to an unprecedented USD 25.2 billion. The manufactur...

Oct 07,2024