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Bank of Korea

Producer Price Index - February 2025(preliminary)

□ The Producer Price Index increased by 0.0% month-on-month in February 2025 ―in year-on-year terms it increased by 1.5%. □ The month-on-month changes in the major sub-indices are as follows: o Agricultural, forestry & marine products: 0.4% o Manufacturing products...

Mar 21,2025

Ministry of Foreign Affairs

Foreign Minister Cho Tae-yul Meets with Japanese Chief Cabinet Secretary Hayashi Yoshimasa (Mar. 21)

1. Minister of Foreign Affairs Cho Tae-yul, who is visiting Japan to attend the eleventh Korea-Japan-China Trilateral Foreign Ministers' Meeting, met with Chief Cabinet Secretary of Japan Hayashi Yoshimasa at 17:05-17:20, March 21.2. Minister Cho praised Chief Cabinet Secretary H...

Mar 21,2025

Ministry of Trade, Industry and Energy

MOTIE kicks off Global Talent Supporters, boosting online recruitment support for foreign-invested firms

The Ministry of Trade, Industry and Energy (MOTIE) held the Global Talent Supporters (“Supporters”) kick-off ceremony today at the Korea Trade-Investment Promotion Agency (KOTRA) in Seoul as part of an aim to enhance support for foreign-invested firms’ talent re...

Mar 21,2025

Ministry of Trade, Industry and Energy

Minister Ahn attends signing ceremony to advance Korean Air, Boeing & GE partnerships and strengthen Korea-U.S. aviation cooperation

On the occasion of Minister of Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea’s visit to Washington D.C. from March 20-21 (local time), Mr. Ahn and U.S. Secretary of Commerce Howard Lutnick jointly attended a signing ceremony with Korean Air, Boeing & G...

Mar 21,2025

Ministry of SMEs and Startups

Ministry of SMEs and Startups Strengthens Korea-Germany Technology Exchange and Cooperation

FOR IMMEDIATE RELEASE                     March 21, 2025                                               ...

Mar 21,2025

Ministry of Foreign Affairs

“Korea-Thailand Nuclear Cooperation Agreement” Signed

- An Institutional Framework for the Peaceful Use of Nuclear Energy and Mutually Beneficial Cooperation Established-1. On March 21, 2025, the signing ceremony for the “Agreement between the Government of the Republic of Korea and the Government of the Kingdom of Thailand on Coope...

Mar 21,2025

Financial Services Commission

Mobile Foreigner Residence Card to be Accepted for Opening Bank Account at Six Domestic Banks from March 21

The Financial Services Commission, the Ministry of Justice, and the Ministry of the Interior and Safety announced that foreigners residing in Korea with registered IDs will be able to open bank accounts and conduct financial transactions using mobile foreigner residence cards fro...

Mar 21,2025

Ministry of Economy and Finance

AMRO Projects Korea’s 2025 Growth Rate at 1.6% and Inflation Rate at 1.9%

The ASEAN+3 Macroeconomic Research Office (AMRO)[1] released its 2024 Annual Consultation Report on Korea on March 21st (Friday). This report is based on the annual consultations conducted in November 2024 when the AMRO mission team visited Korea and held discussions with governm...

Mar 21,2025

Ministry of Foreign Affairs

Republic of Korea Deposits Instrument of Ratification for BBNJ Agreement

- The ROK becomes the 21st country to ratify the agreement and is expected to play a leading role in the conservation of marine biodiversity in areas beyond national jurisdiction. -1. The government of the Republic of Korea completed its domestic ratification process for the Agre...

Mar 20,2025

Ministry of Land, Infrastructure and Transport

Revised Cancellation Fees on Express Bus Tickets

Starting in May, the South Korean government is set to revise the rate of cancellation fees on express bus tickets as follows to enhance operational efficiencies. ※ For more information, refer to the attached file.

Mar 20,2025