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Ministry of Economy and Finance

Current Employment Statistics, November 2024

Statistics Korea released report on the 'Economically active population survey' on December 11, 2024. The economically active population marked 29.477 million persons in November, which grew 102 thousand persons or 0.3% year-on-year. Please refer to the attached PDF.

Dec 11,2024

Financial Services Commission

Household Loans, November 2024

In November 2024, the outstanding balance of household loans across all financial sectors rose KRW5.1 trillion (preliminary), growing at a slower pace compared with the previous month (up KRW6.5 trillion). (By Type)  Home-backed mortgage loans grew KRW4.1 trillion acros...

Dec 11,2024

Ministry of Economy and Finance

DPM Choi Held a Video Meeting with the U.S. Treasury Secretary

On December 10, Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok held a video meeting with U.S. Treasury Secretary Janet L. Yellen at the Government Complex-Seoul. During the meeting, DPM Choi explained the stable governance of the Korean government and rea...

Dec 11,2024

Financial Services Commission

Plan for Promoting the Benchmark Rate Reform in 2025

On December 10, the Financial Services Commission and the Bank of Korea held the 5th Benchmark Rate and Short-Term Financial Market Consultation with related organizations, such as the Financial Supervisory Service, the Korea Securities Depository, and the Korea Exchange, as well...

Dec 10,2024

Financial Services Commission

FSC Chairman Holds Meeting with Foreign Financial Companies

Chairman Kim Byoung Hwan of the Financial Services Commission met with officials from foreign financial companies on December 10 to have talks on recent political and economic situations in Korea and to assure that the Korean government has sufficient capacity to ensure stability...

Dec 10,2024

Ministry of Economy and Finance

Emergency Meeting on Macroeconomic and Financial Issues (Dec.10, 2024)

On December 10, Deputy Prime Minister Choi Sang-mok, convened an Emergency Meeting on Macroeconomic and Financial Issues at the Korea Federation of Banks with Governor of the Bank of Korea (BOK), Chairman of the Financial Services Commission (FSC), and Chairman of the Financial S...

Dec 10,2024

Ministry of Economy and Finance

Emergency Meeting on Macroeconomic and Financial Issues (Dec.11, 2024)

On December 10, Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok, convened an Emergency Meeting on Macroeconomic and Financial Issues at the Korea Federation of Banks with Governor of the Bank of Korea (BOK), Chairman of the Financial Services Commission (F...

Dec 10,2024

Ministry of Foreign Affairs

Minister Cho Tae-yul Hosts Fourth Overseas Nationals Protection Committee Meeting

1. Minister of Foreign Affairs Cho Tae-yul presided over the Fourth Overseas Nationals Protection Committee Meeting on December 9, with the participation of government members from relevant ministries and six civilian members.2. The Committee reviewed the implementation results o...

Dec 09,2024

Ministry of Foreign Affairs

Symposium on APEC 2025 Korea Priorities Takes Place

- Discussions held on APEC 2025 theme and priorities from diverse perspectives of academia, businesses and international organizations -1. The Ministry of Foreign Affairs held a symposium on the APEC 2025 Korea priorities in Seoul, December 9. This symposium was the opening event...

Dec 09,2024

Ministry of the Interior and Safety

Focus on Your Dreams: Let Yeongdeok Take Care of Your Housing Needs.

Focus on Your Dreams: Let Yeongdeok Take Care of Your Housing Needs. •The construction of the youth co-living house in Yeongdeok-gun, STAY 374 is now complete; single-occupancy rooms, co-working space, and various amenities to support young people relocating to the area.

Dec 09,2024