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Ministry of Trade, Industry and Resources

Korea and Saudi Arabia Step Up Cooperation in Core Manufacturing and Future High-Tech Industries

Saudi Arabia, the largest economy in the Middle East and North Africa region, is accelerating cooperation with Korea in key manufacturing sectors such as shipbuilding and automobiles, while partnerships in future high-tech industries, including artificial intelligence (AI), are a...

Oct 27,2025

Bank of Korea

Loan Officer Survey on Financial Institution Lending(Developments in Q3 2025 and Prospects for Q4 2025)

1. Banks □ In the fourth quarter of 2025, domestic bank lending standards are expected to be tightened compared to the previous quarter, particularly in the household sector. □ Credit risks are expected to remain a persistent concern for both corporations and households. ...

Oct 27,2025

Ministry of Foreign Affairs

Outcome of Korea-India Foreign Ministers’ Meeting (October 26)

On October 26, Minister of Foreign Affairs Cho Hyun, while in Kuala Lumpur, Malaysia, accompanying President Lee Jae Myung on his visit to the country for the 2025 ASEAN Summit and Related Summits, held his second bilateral meeting with External Affairs Minister of India Subrahma...

Oct 26,2025

Korea Disease Control and Prevention Agency

Safe Korea Exercise Conducted to Prepare for Bioterrorism Threats

- Joint full-scale and tabletop exercises involving relevant agencies were conducted to ensure a swift and coordinated initial on-site response. Osong, 30 September 2025 – The Korea Disease Control and Prevention Agency (KDCA) conducted the 2025 Infectious Disease Disaster R...

Oct 24,2025

Ministry of Trade, Industry and Resources

Korea Announces New Basic Plan to Strengthen Materials, Parts, and Equipment Industry

The Ministry of Trade, Industry and Resources (MOTIR) announced the 2026–2030 Basic Plan for Strengthening the Materials, Parts, and Equipment (MPE) Industry, outlining strategies to enhance innovation, market, and ecosystem capabilities to drive a new phase of growth and g...

Oct 24,2025

Korea Disease Control and Prevention Agency

KDCA Announces First National Injury Prevention and Control Plan to Build a Healthy, Injury-Free Soc

- KDCA releases the First National Injury prevention and control plan (2026–2030), approved by the National Injury Prevention and Control Committee. - Jointly developed with relevant ministries, the plan aims to prevent and control priority injury issues and injury risks across ...

Oct 24,2025

Korea Disease Control and Prevention Agency

KDCA and UNITAID Discuss Strengthening Cooperation on Pandemic Preparedness and Response

- KDCA and UNITAID co-hosted a side event on the occasion of the 2025 APEC High-Level Meeting on Health and the Economy. - The discussion focused on strengthening pandemic preparedness and response, and equitable access to health innovation. Osong, 17 September 2025 ━ Th...

Oct 24,2025

Ministry of Land, Infrastructure and Transport

Organizing Committee Launched for the 2026 ITS World Congress in Gangneung, Rep. of Korea

The Ministry of Land, Infrastructure and Transport (Minister KIM Yun-duk) and Gangneung City (Mayor KIM Hong-kyu) held the launch ceremony of the Organizing Committee for the 32nd Gangneung ITS* World Congress (Gangneung ITS World Congress) on the afternoon of October 23rd. ...

Oct 24,2025

Ministry of Trade, Industry and Resources

Korea and IDB Discuss Expanding Korea–Latin America Trade and Investment Cooperation

Yeo Han-Koo, Trade Minister at the Ministry of Trade, Industry and Resources (MOTIR), met with Anabel González, Vice President for Countries and Regional Integration at the Inter-American Development Bank (IDB), in Seoul on Thursday, October 23, to exchange views on the gl...

Oct 24,2025

Bank of Korea

Recent Economic Developments (October 2025)

▣ Korea's economic growth will likely remain broadly in line with the August outlook of 0.9% this year, as consumption and exports remain on a favorable trend despite sluggish construction investment. ■ Next year, the recovery is expected to continue, led by domestic demand, ...

Oct 23,2025