Ministry of Trade, Industry and Energy

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea and the Ministry of Energy and Mineral Resources of Indonesia held the 15th Korea-Indonesia Energy Forum (“Forum”) today in Seoul to share energy policy directions and investment support measu...

Nov 13,2024

Ministry of Science and ICT

The Ministry of Science and ICT (MSIT), led by Minister Yoo Sang-im, has announced the appointment of Professor Kim Myuhng-joo from the Department of Information Security at Seoul Women’s University as the inaugural Director of the AI Safety Institute, effective November 12...

Nov 13,2024

Statistics Korea

[Economically active population and labor force participation rate] ◦ The economically active population marked 29.525 million persons in October, which grew 135 thousand persons or 0.5% year-on-year. ◦ The labor force participation rate stood at 64.7% in October, remaining the...

Nov 13,2024

Ministry of Patriots and Veterans Affairs

 Minister Kang will sign a MOU with the Director-General of the War Veterans Organization of Thailand on Wednesday, the 13th. The MOU aims to enhance respect for Korean War veterans and promote exchanges between veterans’ organizations and their descendants.

Nov 13,2024

Ministry of Economy and Finance

Statistics Korea released report on the 'Economically active population survey' on November 13, 2024. The economically active population marked 29.525 million persons in October, which grew 135 thousand persons or 0.5%year-on-year. Please refer to the attached PDF.

Nov 13,2024

Ministry of Agriculture, Food and Rural Affairs

S. Korea Increases Number of Young Farmers to 23,000 by 2025Sejong, 13 November 2024 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) has been running a young and beginning farmers grant programme that provides a maximum of KRW1.1 million a month per farmer for ...

Nov 13,2024

Ministry of Economy and Finance

In October 2024, the employment rate for those aged 15 and above reached 63.3 % (+0.0%p), and labor force participation rates reached 64.7% (+0.0%p), both recording the highest level ever. Meanwhile, the unemployment rate saw the second-lowest level in history (2.3%, +0.2 %p).   ...

Nov 13,2024

Financial Services Commission

Chairman Kim Byoung Hwan of the Financial Services Commission met with Jacek Jastrzebski, Chair of the Board of the Polish Financial Supervision Authority (KNF) at his office in Seoul Government Complex on November 13 where the two sides signed a memorandum of understanding (MOU)...

Nov 13,2024

Ministry of Agriculture, Food and Rural Affairs

G20 Ministers of Agriculture Gathered in Brazil to Discuss Ways to Bolster Global Food SecuritySejong, 13 November 2024 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) of the Republic of Korea participated in the G20 Agriculture Ministers’ Meeting held in Cuiab...

Nov 13,2024

Financial Services Commission

Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting on November 13 with related organizations and market experts to go over economic and financial market conditions at home and abroad in the wake of U.S. presidential elections and Fed’s monetary po...

Nov 13,2024