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Ministry of Trade, Industry and Energy

MOTIE rolls out Foreign Investment Stimulation Program 2024 to nurture global innovation hub

The Ministry of Trade, Industry and Energy (MOTIE) held the 114th Foreign Investment Committee meeting for deliberation and resolution on the basic directions and programs for stimulating foreign investment in 2024 and received a briefing in writing on the annual report on grieva...

Mar 06,2024

Statistics Korea

Consumer Price Index in February 2024

□ The Consumer Price Index was 113.77(2020=100) in February 2024. The index increased 0.5 percent from the preceding month and rose 3.1 percent from the same month of the previous year. ◦ The index excluding food and energy was 110.34 in February 2024. The index increased 0.3 ...

Mar 06,2024

Ministry of Foreign Affairs

Minister of Foreign Affairs Cho Meets with UNFPA Executive Director Kanem

1. On March 6, Minister of Foreign Affairs Cho Tae-yul met with United Nations Population Fund (UNFPA) Executive Director Natalia Kanem during the latter’s visit to Korea, where they discussed Korea-UNFPA cooperation. 2. Foreign Minister Cho appreciated the enhanced ...

Mar 06,2024

Ministry of Foreign Affairs

Outcome of 10th ROK-India Joint Commission Meeting (JCM)

- Strengthening of the strategic communication and cooperation with India, a key partner of the Global South with shared values - Enhancement of the collaboration in the defense industry, supply chains, critical technologies, and infrastructure - Consolidation of the value-...

Mar 06,2024

Ministry of Gender Equality & Family

One-stop support to assist isolated and reclusive youths

One-stop support to assist isolated and reclusive youths -A pilot project to be launched to provide tailored support for isolated and reclusive youths mainly through 12 out-of-school youth support centers nationwide -  -First nationwide survey to identify isolated and recl...

Mar 06,2024

Ministry of Economy and Finance

Consumer Price Index, February 2024

The Consumer Price Index was 113.77(2020=100) in February 2024. The index increased 0.5 percent from the preceding month and rose 3.1 percent from the same month of the previous year. Please refer to the attached pdf for the full report.

Mar 06,2024

Financial Services Commission

Authorities Hold Meeting on Policy Finance to Discuss Operation of KRW5 Trillion Fund for MMEs

The Financial Services Commission held the 6th consultative body meeting on policy finance with related government ministries and policy financial institutions on March 6. FSC Vice Chairman Kim Soyoung presided over the meeting and delivered opening remarks where he emphasiz...

Mar 06,2024

Ministry of Economy and Finance

Consumer Prices Rose 3.1% in February

Consumer Price Index (CPI) rose by 3.1% in February compared to that of last year (2.8% in January). While prices of agricultural products such as fruits (5.7% m-o-m, 20.9% y-o-y) have been rising due to sluggish harvest last year, the recent increase in global oil prices has bee...

Mar 06,2024

Ministry of Culture, Sports and Tourism

Minister YU attended the Opening Ceremony of INSPIRE Resort in Yeongjong Island in Incheon

Minister YU In Chon of the Ministry of Culture, Sports and Tourism (MCST) visited INSPIRE Entertainment Resort (President Chen Si, INSPIRE) on March 5 (Tue) which opened its doors on Yeongjong Island in Incheon. During the opening ceremony, Minister YU stated, “The ope...

Mar 06,2024

Ministry of Gender Equality & Family

Expanding the criteria for fine exemption for business owners deceived into selling cigarettes to youths

Expanding the criteria for fine exemption for business owners deceived into selling cigarettes to youths The Ministry of Gender Equality and Family(MOGEF) announced on Wednesday, March 6 the enactment of the “Enforcement Decree of the Youth Protection Act,” which r...

Mar 06,2024