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Ministry of SMEs and Startups

Korea and ASEAN to Enhance Cooperation on Startup Policies

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) hosted the 8th ASEAN-Korea Startup Policy Dialogue with the ASEAN Coordinating Committee on Micro, Small and Medium Enterprises (ACCMSME) on Thursday, May 16, in Jakarta, Indonesia. The ACCMSME is a high-level committee...

May 17,2024

Ministry of SMEs and Startups

K-Startup Center Tokyo, a comprehensive hub for Korea-Japan startup exchange, has opened in Tokyo

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced the opening of K-Startup Center Tokyo on Friday, May 10. The center will serve as a base for outstanding Korean startups to enter the Japanese market, as well as a place for exchanges with the local startup ec...

May 17,2024

Ministry of Economy and Finance

Current Employment Statistics, April 2024

Statistics Korea released report on the 'Economically active population survey' on May 17, 2024. The economically active population marked 29.578 million persons in April, which grew 342 thousand persons or 1.2% year-on-year. Please refer to the attached PDF.

May 17,2024

Ministry of Economy and Finance

Outcome of Attending the 33rd EBRD Annual Meeting

Director General for Development Finance at the Ministry of Economy and Finance (MOEF) Kim Jae-hwan attended the 33rd European Bank for Reconstruction and Development (EBRD) Annual Meeting held in Yerevan, Armenia from May 14 to 16.   [Outcomes of a Meeting with EBRD Vice Preside...

May 17,2024

Ministry of Foreign Affairs

Leaders of Republic of Korea and Nepal Exchange Congratulatory Letters to Mark 50th Anniversary of Establishment of Diplomatic Relations

1. President Yoon Suk Yeol and Prime Minister of Nepal Pushpa Kamal Dahal exchanged congratulatory letters on May 15, 2024, the 50th anniversary of the establishment of diplomatic relations between the Republic of Korea and Nepal.※ The Republic of Korea and Nepal forged diplomati...

May 16,2024

Ministry of Foreign Affairs

ROK Government Decides to Provide US$1 million in Humanitarian Aid to Kenya in Response to Floods

1. The government of the Republic of Korea has decided to provide US$1 million in humanitarian aid to support the relief efforts in response to the ongoing floods in Kenya.※ According to the Kenyan government, as of May 6, the floods left 229 people dead, 174 injured, 74 missing ...

May 16,2024

Ministry of Trade, Industry and Energy

Korea and UK hold 6th bilateral Nuclear Energy Industry Dialogue

Nuclear Power Policy Director General Ahn Sei-jin at the Ministry of Trade, Industry and Energy (MOTIE) led the Korean delegation in the meeting with the UK’s delegation led by Chris Heffer, Director for Nuclear Power, Infrastructure and Decommissioning at the Department fo...

May 16,2024

Financial Services Commission

2024 Korea Fintech Week Scheduled for Aug 27-29

The Financial Services Commission announced that this year’s global fintech expo, 2024 Korea Fintech Week, is scheduled to be held for three days from August 27 to August 29 at Dongdaemun Design Plaza (DDP) in Seoul. Last year, Korea Fintech Week attracted some 11,000 ...

May 16,2024

Ministry of Economy and Finance

Framework Arrangement of the $3 Billion EDCF with Cambodia Signed During the Korea-Cambodia Summit

On May 16, Deputy Prime Minister Choi Sang-mok and Cambodian Deputy Prime Minister and Mister of Foreign Affairs and International Cooperation SOK Chenda Sophea signed the framework arrangement (F/A) of the Economic Development Cooperation Fund (EDCF) between the two governments ...

May 16,2024

Financial Services Commission

KoFIU Unveils H2 2023 Survey Results on Virtual Asset Service Providers

The Korea Financial Intelligence Unit (KoFIU) conducted a survey on the twenty-nine registered virtual asset service providers (VASPs) to see the current state of the domestic virtual asset market and keep relevant statistics up to date. Survey Overview (Respondents) &n...

May 16,2024