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Ministry of Science and ICT

Trends in ICT exports and imports in December 2023

In December 2023, the Information and Communication Technology (ICT) industry recorded exports of $18.26 billion, imports of $10.94 billion, resulting in a trade surplus of $7.31 billion. The month saw a notable increase in ICT exports, achieving the highest monthly export p...

Feb 22,2024

Ministry of Oceans and Fisheries

‘Stop Trash Entering the Ocean through Our Rivers!’: Working-level Councils Organized for Five Major River Jurisdictions

- First meeting to be held in March to collaborate on Measures to Reduce River Trash Entry into the Ocean The Ministry of Oceans and Fisheries (Minister Kang Do-Hyung) has organized River Jurisdiction Working-Level Councils to be participated in by relevant organizations in f...

Feb 22,2024

Statistics Korea

★Monetary Policy Decision & Opening Remarks to the Press Conference (February 22, 2024)

Monetary Policy Decision The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 3.50% for the intermeeting period. Although inflation has continued its slowing trend, it is judged that there are high uncertainties around the inflation...

Feb 22,2024

Ministry of Foreign Affairs

Statement by the Spokesperson of the Ministry of Foreign Affairs of the Republic of Korea on the So-Called “Dokdo Day” Event Held by Japan’s Shimane Prefecture

1. Regarding the so-called “Dokdo Day” event hosted by Japan’s Shimane Prefecture on Thursday, February 22, and participation by a high-level official of Japan’s central government, the government of the Republic of Korea strongly protests against Japan&rs...

Feb 22,2024

Ministry of Trade, Industry and Energy

Beyond revival, Korea's nuclear ecosystem warming up to become global powerhouse

The Korean government held the 14th public forum on the revitalization of the nuclear energy industry and stimulation of local economy for Changwon and Gyeongsangnam-do on February 22 at the Gyeongsangnam-do Provincial Hall with approximately 100 civilians, composed of those work...

Feb 22,2024

Ministry of Science and ICT

Government to Establish the World’s Largest and Most Advanced Mega Semiconductor Cluster

Aims to achieve 10% or more system semiconductor market share and over 50% supply chain self-reliance rate New fabs to be built with 622 trillion won investment and relevant infrastructure to be timely provided A material, component, and equipment testbed for mass production ...

Feb 22,2024

Ministry of Culture, Sports and Tourism

110,000 Accommodation Vouchers to be Issued from Feb 27, Offering Travelers Savings on Domestic Accommodations

Celebrate “Travel Month:” Get a KRW 30,000 discount on select accommodations for bookings over KRW 50,000 in regions outside the capital areaVouchers are available on a first-come, first-served basis daily at 10 a.m. from Feb 27 through 40 channels from 46 participati...

Feb 22,2024

Ministry of Economy and Finance

KTB Issuance Plan, March 2024

The Ministry of Economy and Finance plans to issue Korea Treasury Bonds worth approximately 15,000 billion won in March 2024 through competitive bidding.   Auction Schedule, March 2024 (Unit: KRW billion) Name Auction Notice Auction Date Settlement Date Issue Date ...

Feb 22,2024

Ministry of Agriculture, Food and Rural Affairs

K-Rice Belt Project Briefing for Korean Companies: Purposes, Scales, RFB Process Timeline, Africa’s Local Conditions, ETC.

K-Rice Belt Project Briefing for Korean Companies: Purposes, Scales, RFB Process Timeline, Africa’s Local Conditions, ETC.Sejong, 21 February 2024 — On 15 February, the Ministry of Agriculture, Food and Rural Affairs held a briefing, at The-K Hotel Seoul, on the K-...

Feb 22,2024

Ministry of Agriculture, Food and Rural Affairs

Korea Designated New Global Offices to Support K-Smart Farm Export

Korea Designated New Global Offices to Support K-Smart Farm ExportIn 2024, five regional trade offices of the Republic of Korea (in Riyadh, Kuwait, Almaty, Baku, and Melbourne) are on a mission to provide intensive support to Korean companies exporting goods and se...

Feb 22,2024