Ministry of Trade, Industry and Energy
Korea’s Auto Industry Maintains Growth Momentum in August
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 16 that Korea’s automobile exports, domestic sales, and production all increased year-on-year in August, marking the second consecutive month of growth.
Automobile exports rose 8.6 percent to $5....
Sep 17,2025
Ministry of Trade, Industry and Energy
MOTIE Holds Director-Level Meetings with Vietnam
The Ministry of Trade, Industry and Energy (MOTIE, Minister Kim Jung-kwan) announced that it held virtual meetings with Vietnam’s Ministry of Finance on Friday, September 12, and with the Ministry of Industry and Trade on Monday, September 15. The discussions focused on imp...
Sep 16,2025
Bank of Korea
Monetary and Liquidity Aggregates (July 2025)
1. During July 2025, Narrow Money (M1, seasonally adjusted, period-average) increased by 1.2% compared to the previous month.
2. Broad Money (M2, seasonally adjusted, period-average) increased by 0.8%.
3. Liquidity of Financial Institutions (Lf, seasonally adjusted, perio...
Sep 16,2025
Ministry of Science and ICT
National AI Strategy Committee Launched as Korea’s Top-Level AI Policy Body
- Mandate includes deliberation and resolution on national AI policy, inter-ministerial coordination of AI programs, implementation monitoring, and performance management
- Committee approves the direction of the “Korea AI Action Plan,” structured around three po...
Sep 16,2025
Ministry of Trade, Industry and Energy
Korea’s ICT Exports Up 11.1% in August
The Ministry of Trade, Industry and Energy and the Ministry of Science and ICT announced on September 15 that Korea’s exports of ICT goods in August 2025 rose 11.1 percent year-on-year to USD 22.9 billion, while imports grew 7.6 percent to $12.5 billion. The trade balance r...
Sep 16,2025
Ministry of Science and ICT
Driving Future Growth with the Twin Engines of AI and Science & Technology
- First MSIT budget under the Lee Jae Myung administration totals KRW 23.7 trillion, up 12.9% from this year’s budget; R&D budget set at KRW 11.8 trillion, up 21.6%
- Four investment priorities: ▲ nationwide AI transformation (AX), ▲ NEXT strategic technologies, ▲ a robust R&D...
Sep 16,2025
Bank of Korea
Export/Import Price Indexes and Trade Indexes - August 2025(preliminary)
□ The Export Price Index (KRW basis) increased 0.7 percent from the previous month.
o The index decreased 1.0 percent over the last 12 months.
□ The Import Price Index (KRW basis) increased 0.3 percent from the previous month.
o It decreased 2.2 percent over the last 1...
Sep 16,2025
Ministry of Land, Infrastructure and Transport
Global Infrastructure Cooperation Conference 2025
Hosted by the Ministry of Land, Infrastructure and Transport (MOLIT, Minister KIM Yun-duk) and organized by the International Contractors Association of Korea (ICAK, Chairman HAN Man-hee), the Global Infrastructure Cooperation Conference 2025 (GICC 2025) will be held from 16 to 1...
Sep 12,2025