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Ministry of Science and ICT

National AI Strategy Committee Launched as Korea’s Top-Level AI Policy Body

- Mandate includes deliberation and resolution on national AI policy, inter-ministerial coordination of AI programs, implementation monitoring, and performance management - Committee approves the direction of the “Korea AI Action Plan,” structured around three po...

Sep 16,2025

Ministry of Trade, Industry and Energy

Korea’s ICT Exports Up 11.1% in August

The Ministry of Trade, Industry and Energy and the Ministry of Science and ICT announced on September 15 that Korea’s exports of ICT goods in August 2025 rose 11.1 percent year-on-year to USD 22.9 billion, while imports grew 7.6 percent to $12.5 billion. The trade balance r...

Sep 16,2025

Ministry of Science and ICT

Korea Establishes National AI Strategy Committee to Propel Nation into Global AI Top Three

- Presidential Decree on the Establishment and Operation of the National AI Strategy Committee approved at Cabinet meeting The Ministry of Science and ICT (MSIT, Minister Bae Kyunghoon) announced that the Presidential Decree on the Establishment and Operation of the Nationa...

Sep 16,2025

Ministry of Science and ICT

Driving Future Growth with the Twin Engines of AI and Science & Technology

- First MSIT budget under the Lee Jae Myung administration totals KRW 23.7 trillion, up 12.9% from this year’s budget; R&D budget set at KRW 11.8 trillion, up 21.6% - Four investment priorities: ▲ nationwide AI transformation (AX), ▲ NEXT strategic technologies, ▲ a robust R&D...

Sep 16,2025

Bank of Korea

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

□ The Export Price Index (KRW basis) increased 0.7 percent from the previous month. o The index decreased 1.0 percent over the last 12 months. □ The Import Price Index (KRW basis) increased 0.3 percent from the previous month. o It decreased 2.2 percent over the last 1...

Sep 16,2025

Ministry of Land, Infrastructure and Transport

Global Infrastructure Cooperation Conference 2025

Hosted by the Ministry of Land, Infrastructure and Transport (MOLIT, Minister KIM Yun-duk) and organized by the International Contractors Association of Korea (ICAK, Chairman HAN Man-hee), the Global Infrastructure Cooperation Conference 2025 (GICC 2025) will be held from 16 to 1...

Sep 12,2025

Bank of Korea

Financial Market Trends in August 2025

▣ Treasury bond yields fluctuated within a narrow range, affected by expectations of the U.S. Federal Reserve’s rate cut and the potential expansion of Treasury bond issuance. ▣ The KOSPI fell slightly and then rebounded due to correction pressure following its recent ga...

Sep 10,2025

Bank of Korea

Financial Statement Analysis for Q2 2025

In the second quarter of 2025, growth indicators of non-financial companies worsened compared to same period last year and profitability indicators diminished compared to the previous quarter. ※ Please refer to the attached files.

Sep 10,2025

Ministry of Science and ICT

MSIT Launches “K-ICT Export Virtual Situation Room” to Respond to U.S. Tariff Policy

- Real-time information sharing and joint response system with ICT-related agencies, overseas offices, and associations - Expected to serve as a strategic control center for responding to both tariff and non-tariff issues in ICT exports The Ministry of Science and ICT (MSIT, M...

Sep 10,2025

Ministry of Science and ICT

MSIT Launches New Phase of Basic Research Funding to Strengthen Innovation and Strategic Relevance

- 2,176 new projects under the 2025 Basic Research Project (Round 2) selected, with support beginning September 1 - “Pioneering Research” (160 projects, KRW 14.9 billion) to explore new academic frontiers, and “Strategic Research” (140 projects, KRW 26....

Sep 10,2025