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Ministry of Trade, Industry and Energy

Korea-Vietnam Plus Joint Working Group seeks wider trade and investment

Director General for International Trade Relations Kim Jong-chul at the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea and Vietnam’s Asia-Africa Market Director General Do Quoc Hung at the Ministry of Industry and Trade (MOIT) headed their respectiv...

Feb 07,2025

Ministry of Oceans and Fisheries

Korean Research Team Achieves World-First Observation of Quantum Mechanical Spin Pumping at Room Temperature

- Collaborative effort by Professors Lee Kyung-jin and Kim Gap-jin of KAIST and Professor Jeong Myung-hwa of Sogang University overcomes previous limitations by observing quantum mechanical spin pumping at room temperature, paving the way for advancements in next-generation elect...

Feb 07,2025

Ministry of SMEs and Startups

Announcement of Artificial Intelligence (AI) Core Fields and Promising AI Transformation (AX) Startup Development Project

FOR IMMEDIATE RELEASE                       Feb. 7, 2025                                              &...

Feb 07,2025

Bank of Korea

Balance of Payments during December 2024 (preliminary)

□ During December 2024, the Korean current account registered a surplus of 12.37 billion dollars. There was also a 99.04 billion dollar surplus for the year 2024 as a whole. □ Looking at the financial account, net assets increased by 9.38 billion dollars during December, and...

Feb 06,2025

Ministry of SMEs and Startups

Challenge! K-Startup 2025 Kicks Off

FOR IMMEDIATE RELEASE                       Feb. 6, 2025                                             &n...

Feb 06,2025

Ministry of Land, Infrastructure and Transport

Measures to Improve Airport Safety

The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) announced the measures to improve safety state over the domestic airports, including their localizers and so forth, after conducting two times of sweeping safety inspections for 14 airports n...

Feb 05,2025

Statistics Korea

Consumer Price Index in January 2025

□ The Consumer Price Index was 115.71(2020=100) in January 2025. The index increased 0.7 percent from the preceding month and rose 2.2 percent from the same month of the previous year. ◦ The index excluding food and energy was 112.14 in January 2025. The index increased 0.5 pe...

Feb 05,2025

Bank of Korea

Official Foreign Reserves(January 2025)

Korea's Official Foreign Reserves (As of the end of January 2024) □ Korea's official foreign reserves as of the end of January 2025 amounted to 411.0 billion dollars. ㅇ Korea’s official foreign reserves consisted of securities valued at 362.0 billion dollars (88.1%), d...

Feb 05,2025

Ministry of Economy and Finance

Consumer Price Index, January 2025

The Consumer Price Index was 115.71 (2020=100) in January 2025. The index increased 0.7 percent from the preceding month and rose 2.2 percent from the same month of the previous year. Please refer to the attached pdf for the full report.

Feb 05,2025

Ministry of Agriculture, Food and Rural Affairs

S. Korea Continues to Expand the Project for Demolition and Improvement of Rural Spaces

S. Korea Continues to Expand the Project for Demolition and Improvement of Rural SpacesSejong, 5 February 2025 — On 4 February, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) selected 12 zones in rural areas as new recipients of the project for demolition and improve...

Feb 05,2025