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Ministry of SMEs and Startups

MSS to reorganize universities with the aim of developing the workforce for small and medium enterprises (SMEs) focusing on future strategic industries

The Ministry of SMEs and Startups (Minister OH Youngju) plans to reorganize universities for SME workforce development. This will be achieved through agreed departments and technological training programs that focus on future strategic industries. The restructuring initiatives ar...

Mar 19,2024

Ministry of Trade, Industry and Energy

Korea's accumulated Jan-Feb automobile exports grow 7.5% YoY

The Ministry of Trade, Industry and Energy (MOTIE) announced on March 19 that the accumulated January-February exports of automobiles in 2024 reached USD 11.4 billion, up 7.5 percent year-on-year. The export unit price is also on an upward trajectory lately, around $1,000 higher ...

Mar 19,2024

Ministry of Science and ICT

Public and private sectors join hands for global standards leadership in hydrogen and fuel cells

Korean Agency for Technology and Standards (KATS) President Jin Jong-wook under the Ministry of Trade, Industry and Energy (MOTIE) held a business conference on March 19 at a hydrogen fuel tank manufacturing site to strengthen international standards in hydrogen and fuel cells in...

Mar 19,2024

Financial Services Commission

FSC Chairman Meets with Banking Sector to Discuss Measures to Boost Climate Finance

Chairman Kim Joo-hyun of the Financial Services Commission presided over a meeting with officials from relevant government and industry organizations and heads of major commercial banks and policy financial institutions on March 19 and unveiled a set of measures intended to boost...

Mar 19,2024

Ministry of Agriculture, Food and Rural Affairs

Online Wholesale Market Leads to Large Fall in Distribution Costs and Stabilizes Prices

Online Wholesale Market Leads to Large Fall in Distribution Costs and Stabilizes PricesThe agriculture ministry focuses on making the online wholesale market fully functional at the earliest possible time, thereby reducing distribution costs and making the benefits go t...

Mar 19,2024

Ministry of Economy and Finance

MOEF Builds Joint Global Research System with OECD

Second Vice Minister Kim Yoon-sang are visiting Paris, France to participate in the kickoff ceremony for a joint global research project between Korea and the Organization for Economic Cooperation and Development (OECD) aimed at enhancing fiscal sustainability. Starting this year...

Mar 19,2024

Ministry of Economy and Finance

Experts' Roundtable on Capital Market Advancement is Held

Deputy Prime Minister Choi Sang-mok held a roundtable with experts on upgrading the capital market on March 19 at the Government Complex-Seoul. During the meeting, experts and market participants shared their opinions on policy tasks, including measures to reduce corporate taxes ...

Mar 19,2024

Ministry of Environment

Bank Presidents’ Meeting Held on Financial Support for Climate Crisis Response

▷ The Financial Services Commission prepares ‘Financial Support Expansion Plan for Climate Crisis Response’ in joint public-private partnership▷ By 2030, a five policy financial institutions will provide a total of KRW 420 trillion in green funds.▷ Korea Developmen...

Mar 19,2024

Ministry of Patriots and Veterans Affairs

“Hero’s Card” To be Issued for Young Service Members Who are Discharged from the Military

• MPVA, Credit Finance Association, and 3 financial/card corporations sign MOU at 10:30AM, Wednesday, March 20th at MPVA Seoul Office• The cards, which will be released in July, provide a variety of discount benefits in self-development and life convenience such as language cours...

Mar 18,2024

Ministry of Patriots and Veterans Affairs

‘Immortal Lights’ Will Be Lit on the 20th to Commemorate the 55 Fallen Heroes of the West Sea

• MPVA will hold a lighting ceremony at the Daejeon National Cemetery's Memorial Plaza on the 20th (Wed) at 7:30 PM with Minister Kang Jung-ai, families of the West Sea Defense heroes, and about 50 attendees.• 55 lights symbolizing the 55 heroes, and three large light pillars rep...

Mar 18,2024