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Financial Services Commission

Household Loans, April 2024

In April 2024, the outstanding balance of household loans across all financial sectors rose KRW4.1 trillion (preliminary) from the previous month. When compared with the end of 2023, the household loan balance dropped KRW1.8 trillion, which shows that the growth trend remains on ...

May 13,2024

Ministry of Patriots and Veterans Affairs

MPVA will Repatriate the Remains of Dr. Mirok Li, an Independence Activist Buried in Germany, for the 80th Anniversary of Liberation

 The Ministry of Patriots and Veterans Affairs plans to repatriate the remains of Dr. Mirok Li, a patriot and the author of 'The Yalu Flows,' who is buried near Munich in Gräfelfing, Germany, on the occasion of the 80th anniversary of Korea’s liberation. Minister Kang Jung-ai v...

May 12,2024

Ministry of Economy and Finance

DPM Choi Visits Semiconductor Industry Sites on the 2nd Anniversary of the Yoon Administration

On May 10, Deputy Prime Minister Choi Sang-mok visited semiconductor material, parts, and equipment companies and the nearby commercial center in Hwaseong, Gyeonggi Province, marking the 2nd anniversary of the Yoon administration.       Above all, in order to listen to the voice...

May 12,2024

Ministry of Foreign Affairs

Minister of Foreign Affairs Cho Tae-yul to Visit China

1. Minister of Foreign Affairs Cho Tae-yul will visit Beijing, China, from May 13 (Mon.) to 14 (Tue.) at the invitation of Wang Yi, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Minister of Foreign Affairs.2. During the visit, Minister...

May 10,2024

Ministry of Health and Welfare

The Korean government is committed to reforming the adoption system

The Korean government is committed to reforming the system on adoption that presents a whole new world for a child   - The ministry held a ceremony to celebrate the 19th Adoption Day -   - The MOHW reaffirmed its commitment to reforming to a public adoption system, ...

May 10,2024

Ministry of Trade, Industry and Energy

Korea and Kyrgyzstan discuss cooperation in renewable energy

Trade, Industry and Energy Minister Dukgeun Ahn met with Kyrgyz Energy Minister Taalaibek Ibraev on May 10 in Seoul and discussed renewable energy, energy efficiency and the Korea-Kyrgyzstan memorandum of understanding (MOU) on energy cooperation. Minister Ahn introduced ...

May 10,2024

Ministry of Trade, Industry and Energy

MOTIE and Airbus D&S seal MOU on establishing International Technology Center

Industry and Policy Deputy Minister Lee Seung-ryeol at the Ministry of Trade, Industry and Energy (MOTIE) met with Airbus Defense and Space (D&S) Chief Operating Officer (COO) Francisco Sánchez Segura on May 10 for the signing of the memorandum of understanding (MOU) b...

May 10,2024

Ministry of SMEs and Startups

MSS to secure export growth and overseas expansion for small and medium-sized enterprises (SMEs) and startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced measures to support the globalization of SMEs and startups on Wednesday, May 8, 2024. These measures aim to respond to the rapidly changing trade environment and global trends and foster SMEs and startups as l...

May 10,2024

Ministry of Patriots and Veterans Affairs

Korean Veterans Minister Hosts Exclusive Luncheon to Honor German Medical Support Team’s Dedication

• On the 9th (Thursday) at noon (local time), an invitation luncheon was held in Berlin for the families of German Medical Support Team members who were dispatched to Korea in 1954. This marked the first time the Korean veterans minister expressed gratitude and offered consolatio...

May 10,2024

Ministry of Agriculture, Food and Rural Affairs

Korea’s Samgyetang Makes Its First Voyage to Europe

Korea’s Samgyetang Makes Its First Voyage to EuropeThe first volume of 8.4 tonnes of samgyetang will be exported to Germany. When the export is gradually expanded to other EU member countries in the future, then the export value of chicken products is expected to increase by...

May 10,2024