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Bank of Korea

Interest Rates (Sep 2025)

□ In September 2025, the average interest rate on new deposits was 2.52%, up 3 basis points from the previous month. ― The average interest rate on outstanding amounts of deposits as of end-September was 2.04%, down 4 basis points from the previous month. □ In Septemb...

Oct 31,2025

Ministry of Patriots and Veterans Affairs

Korean War Hero of November 2025: Major Charles J. Loring Jr., U.S. Air Force, “A Hero Who Destroyed the Enemy’s Position with His Fighter Jet”

The Ministry of Patriots and Veterans Affairs (Minister Kwon Oh-eul) announced that Major Charles J. Loring Jr. of the U.S. Air Force, who bravely sacrificed his life by steering his damaged aircraft into an enemy position during a close air support mission at Sniper Ridge near G...

Oct 31,2025

Ministry of Data and Statistics

Monthly Industrial Statistics, September 2025

1. Production Trend □ The Index of All industry production in September increased by 1.0 percent from the previous month. □ The Index of All industry production in September increased by 6.7 percent from the same period of the previous year. □ The Manufacturing Produc...

Oct 31,2025

Ministry of Trade, Industry and Resources

Record-Breaking Invest KOREA Summit Opens in Seoul

The Ministry of Trade, Industry and Resources (MOTIR, Minister Kim Jung-kwan) announced that it is hosting the Invest KOREA Summit (IKS), Korea’s largest foreign investment promotion event, from October 30 to 31 at the Grand InterContinental Seoul Parnas. This year&rsq...

Oct 30,2025

Ministry of Patriots and Veterans Affairs

New Zealand Prime Minister Christopher Luxon Pays Tribute at the UN Memorial Cemetery in Korea

The Ministry of Patriots and Veterans Affairs (Minister Kwon Oh-eul) announced that Prime Minister Christopher Luxon of New Zealand, following the visit of Australian Prime Minister Anthony Albanese, will pay tribute at the UN Memorial Cemetery in Busan at 4:30 p.m. on Thursday, ...

Oct 30,2025

Ministry of Agriculture, Food and Rural Affairs

The First Shipment of 1.5 Tonnes of Hanwoo Beef Starts its Entry into the UAE

The First Shipment of 1.5 Tonnes of Hanwoo Beef Starts its Entry into the UAESejong, 30 October 2025 — On 30 October 2025, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) held a ceremony to mark the first official shipment of “hanwoo” beef to the United Arab Emir...

Oct 30,2025

Ministry of Agriculture, Food and Rural Affairs

HANSIK Conference 2025: Global Culinary Experts Discuss the Value and the Future of Korean Fermentation Food

HANSIK Conference 2025: Global Culinary Experts Discuss the Value and the Future of Korean Fermentation Food   Sejong, 29 October 2025 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) and the Korean Food Promotion Institute (KFPI) will hold the HA...

Oct 30,2025

Korea Disease Control and Prevention Agency

Influenza and COVID-19 Vaccinations for Older Adults to Begin October 15

- Vaccination program starts October 15 (Wed) for those aged 75 and above, October 20 (Mon) for ages 70-74, and October 22 (Wed) for ages 65-69. - COVID-19 vaccinations for immunocompromised individuals, and inpatients or residents of high-risk facilities aged 6 months and older...

Oct 29,2025

Ministry of Trade, Industry and Resources

Korea’s Retail Industry Grows 7.7% in September

The Ministry of Trade, Industry and Resources (MOTIR) announced on October 29 that Korea’s retail industry grew 7.7 percent year-on-year in September 2025, with offline sales down 1.0 percent and online sales up 16.5 percent. MOTIR’s monthly retail sales figures ...

Oct 29,2025

Ministry of Oceans and Fisheries

Cooperation for the Mutual Prosperity of Korea and Asia Holding the 2025 Korea International Cooperation Conference on Oceans and Fisheries

The Ministry of Oceans and Fisheries announced a vision for international cooperation in the ocean and fisheries sector for sustainable development The Ministry of Oceans and Fisheries (MOF; Minister Chun Jae-soo) announced that it would be holding the 2025 Korea International...

Oct 29,2025