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Ministry of SMEs and Startups

MSS held a meeting with Korean startups that will collaborate with OpenAI

On January 30, the Ministry of SMEs and Startups (MSS, Minister OH Youngju) held a meeting with thirteen startups that will participate in a collaborative program with OpenAI, a global leader in AI technology. The meeting was held at the Seoul Startup Alliance & Space and was...

Feb 06,2024

Financial Services Commission

FSC Holds Meeting and Announces Plans to Upgrade Rules on Corporate Mergers and Acquisitions

Vice Chairman Kim Soyoung of the Financial Services Commission presided over a meeting with officials from related organizations and industry groups on February 6 and announced plans to improve rules on corporate mergers and acquisitions (M&As). The measures are aimed at stre...

Feb 06,2024

Ministry of Culture, Sports and Tourism

Spend the Lunar New Year at Cheong Wa Dae with “The Daring New Year of the Dragon” Event

Feb. 9–11: Cultural events for the Lunar New Year at Cheong Wa Dae include story concerts exploring its history, culture, and nature, along with tea ceremonies to share blessingsFeb. 9–12: Each day, 400 visitors, as well as 100 more who are born in the Year of the Dra...

Feb 06,2024

Ministry of Economy and Finance

MOEF Releases ‘Summary of Budget for FY 2024’

The Ministry of Economy and Finance (MOEF) released a booklet titled ‘Summary of Budget for FY 2024’ on February 5.   The booklet provides a detailed information on the government’s fiscal operations, based on the 2024 budget approved by the National Assembly in 2023.   The bookl...

Feb 06,2024

Ministry of Economy and Finance

1st VM Kim Holds Investor Relations Meeting in London

First Vice Minister Kim Byoung-hwan convened an Investor Relations session with global investors in London on February 5. During the meeting, he provided insights into the current state of the Korean Economy as well as the policy directions, and discussed the progress and future ...

Feb 06,2024

Ministry of Agriculture, Food and Rural Affairs

With Great Interest in Korean Food Culture, Approximately 7,000 People Visited Korean Food Booth in 2024 Winter Youth Olympic Games

With Great Interest in Korean Food Culture, Approximately 7,000 People Visited Korean Food Booth in 2024 Winter Youth Olympic Games “Korean food is very colorful, and remarkable care and effort going into the making catch my eyes,” said Japanese figure skater ...

Feb 06,2024

Bank of Korea

Official Foreign Reserves(January 2024)

Please refer to attached files.

Feb 05,2024

Ministry of Trade, Industry and Energy

Korea and Australia discuss cooperation in critical minerals, natural gas and CCS

Trade, Industry and Energy Minister Dukgeun Ahn met with Madeleine King, Australia’s Minister for Resources and Minister for Northern Australia, on February 2 in Seoul to discuss bilateral cooperation measures in energy and resources areas, including critical minerals, carb...

Feb 05,2024

Financial Services Commission

FSC and MOIS Sign MOU to Bolster Prudential Supervision on MG Community Credit Cooperatives

The Financial Services Commission announced that it has signed a memorandum of understanding (MOU) with the Ministry of the Interior and Safety (MOIS) to strengthen cooperation between the two organizations to bolster supervision over MG Community Credit Cooperatives (MGCCC) on F...

Feb 05,2024

Ministry of Agriculture, Food and Rural Affairs

Korea Seeks to Grow Global Market for Korean Food to Reach USD 224 Billion (KRW 300 Trillion) and Increase Michelin-Starred Korean Restaurants Threefold

Korea Seeks to Grow Global Market for Korean Food to Reach USD 224 Billion (KRW 300 Trillion) and Increase Michelin-Starred Korean Restaurants ThreefoldThe agriculture ministry and private-sector experts have put their heads together and worked out the recently ann...

Feb 05,2024