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Saemangeum Development and Investment Agency

SDIA and KPEA sign an MOU for safe Saemangeum Project

SDIA and KPEA sign an MOU for safe Saemangeum Project - For safe promotion of Saemangeum Project in cooperation with KPEA Saemangeum Development and Investment Agency (SDIA, Administrator Kim Kyung-ahn) signed an MOU for safe Saemangeum Project and cooperation with the Ko...

Feb 12,2024

Ministry of Foreign Affairs

Outcome of Telephone Conversation between Minister of Foreign Affairs Cho Tae-yul and Minister of Foreign Affairs of China Wang Yi

1. Minister of Foreign Affairs Cho Tae-yul had a telephone conversation with Wang Yi, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Minister of Foreign Affairs, on Tuesday, February 6. It was the first telephone conversation between th...

Feb 12,2024

Financial Services Commission

FSC to Ensure Thorough Preparation for the Enforcement of the Act on the Protection of Virtual Asset Users

The Financial Services Commission announced that the Act on the Protection of Virtual Asset Users (“the Act” hereinafter) will take effect from July 19, 2024. This law was enacted on July 18, 2023 with aims to protect the users of virtual assets and maintain an order ...

Feb 08,2024

Ministry of Economy and Finance

1st VM Kim Enhances Cooperation with EBRD and UK Government, in Supporting Ukraine, Digital and Investment

First Vice Minister Kim Byoung-hwan visited London, the United Kingdom from February 5 to 7 to sign a Letter of Intent (LOI) to contribute to the Crisis Response Special Fund (CRSF) with the European Bank for Reconstruction and Development (EBRD), a Memorandum of Understanding (M...

Feb 08,2024

Ministry of Patriots and Veterans Affairs

105th Anniversary of February 8th Declaration of Independence to be Held in Tokyo (2・8独立宣言105周年記念式典、8日に東京で開かれ)

- The event will take place at 11 a.m., Thursday, February 8th, at the Korean YMCA in Japan (Tokyo)... Vice Minister Lee Hee-wan of the Ministry of Patriots and Veterans Affairs, Consul General Bae Kyung-taek of the Korean Embassy in Japan, and about 150 attendees including berea...

Feb 07,2024

Ministry of SMEs and Startups

In 2023, South Korean SMEs' exports recorded $111.8 billion, showing a slight decrease of 2.3%

The Ministry of Small and Medium Enterprises and Startups (MSS) has released preliminary figures for "2023 SME Export Trends." [1] Export amount and distribution of exporting companies for small and medium-sized enterprises (SMEs) In 2023, SME exports fell 2.3% to...

Feb 07,2024

Bank of Korea

Balance of Payments during December 2023 (preliminary)

□ During December 2023, the Korean current account registered a surplus of 7.41 billion dollars. There was also a 35.49 billion dollar surplus for the year 2023 as a whole. □ Looking at the financial account, net assets increased by 5.68 billion dollars during December, in...

Feb 07,2024

Financial Services Commission

Financial Development Review Committee Meets to Discuss Financial Policy Agenda for 2024

The Financial Services Commission held this year’s first financial development review committee meeting on February 7. At today’s meeting, seven new members were appointed to the committee, and the authorities discussed key financial policy plans for 2024. Under ...

Feb 07,2024

Ministry of Culture, Sports and Tourism

Enjoy Suwon’s Unique Culture with Local 100

- On Feb 7, Minister YU In Chon visits Suwon, “Local 100” site with, Italian chef Fabrizio Ferrari and Korea Tourism Organization Global SNS Reporters- Starting from Suwon, a series of “K- Region Name” will be released to attract travelers visiting Korea&n...

Feb 07,2024

Ministry of Agriculture, Food and Rural Affairs

Artisanal Spirit Carries on Korea’s Culinary Tradition

Artisanal Spirit Carries on Korea’s Culinary TraditionJukro tea master Hong Soon-chang has newly joined the ranks of officially designated Grand Masters of Korean Traditional Food.Sejong, 7 February 2024 — On 2 February, the Ministry of Agriculture, Food and Rural Affai...

Feb 07,2024