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Ministry of Oceans and Fisheries

Utilizing Korean Technology to Dominate Southeast Asia’s Old Marine Plant Recycling Market

MOF to start the Technology Development and Demonstration Project for the Conversion of Use of Indonesia’s Old Offshore Plants The Ministry of Oceans and Fisheries (MOF; Minister Kang Do-hyung) announced that it would launch a technology development project for old offs...

Jun 20,2025

Bank of Korea

Producer Price Index - May 2025(preliminary)

□ The Producer Price Index decreased by 0.4% month-on-month in May 2025 ―in year-on-year terms it increased by 0.3%. □ The month-on-month changes in the major sub-indices are as follows: o Agricultural, forestry & marine products: -4.4% o Manufacturing products: -0...

Jun 20,2025

Bank of Korea

Issuance of 30th Anniversary of Local Autonomy Commemorative Coins

□ The year 2025 marks the 30th anniversary of the first nationwide local elections held in 1995.* This July, the Bank of Korea will issue two commemorative coins to celebrate the contributions of the local autonomy system to the development of Korea. * Since 1995, heads of lo...

Jun 19,2025

Ministry of Trade, Industry and Energy

Korea set to localize 30% of CNC systems by 2032

The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korean company KCNC succeeded in localizing computerized numerical control (CNC) systems, which play an instrumental role in processing the majority of Korea’s machinery and equipment. CNC refers to the ...

Jun 18,2025

Ministry of Land, Infrastructure and Transport

Exporting Korea’s Carbon Spatial Mapping Technology to Uzbekistan

Carbon Spatial Map (https://www.carbonmap.kr) is a data-based map system that visualizes activities in carbon emissions from buildings and transportation sectors, and in carbon absorptions from forests shown by administrative district or grid unit created in order to support le...

Jun 17,2025

Ministry of Trade, Industry and Energy

Eco-friendly auto sales surpass conventional cars in May

The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s domestic automobile sales for the month of May 2025 increased 0.4 percent year-on-year to 141,865 units. Eco-friendly vehicles took up 52 percent of total domestic automobile sales, surpass...

Jun 17,2025

Bank of Korea

Export/Import Price Indexes and Trade Indexes - May 2025(preliminary)

□ The Export Price Index (KRW basis) decreased 3.4 percent from the previous month. o The index decreased 2.4 percent over the last 12 months. □ The Import Price Index (KRW basis) decreased 3.7 percent from the previous month. o It decreased 5.0 percent over the last 12 mont...

Jun 17,2025

Ministry of Trade, Industry and Energy

Korea and Netherlands launch Future Chips Academy 2025

The Ministry of Trade, Industry and Energy (MOTIE) and Korea Institute for Advancement of Technology (KIAT) are launching the Korea-Netherlands Future Chips Academy 2025 from June 16–20 in the Netherlands to boost bilateral exchanges in raising high-quality semiconductor ta...

Jun 16,2025

Bank of Korea

Monetary and Liquidity Aggregates (April 2025)

1. During April 2025, Narrow Money (M1, seasonally adjusted, period-average) decreased by 0.6% compared to the previous month. 2. Broad Money (M2, seasonally adjusted, period-average) increased by 0.2%. 3. Liquidity of Financial Institutions (Lf, seasonally adjusted, peri...

Jun 16,2025