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Financial Services Commission

KoFIU Unveils H2 2024 Survey Result on Virtual Asset Service Providers

The Korea Financial Intelligence Unit (KoFIU) conducted a survey on 25 registered virtual asset service providers (VASPs) to assess the current state of the domestic virtual asset market and keep relevant statistics up to date. Survey Overview (Respondents)  25 VAS...

May 20,2025

Ministry of Environment

Training Experts in Emerging Fields such as Carbon Neutrality through the Operation of a Training Program on International Standards for Environmental Information

▷ Enhancing expertise in environmental information verification, including carbon neutrality, for accreditation evaluation committee members and verification auditors▷ Six training programs in verification fields such as sustainability and climate disclosure to be condu...

May 20,2025

Ministry of Trade, Industry and Energy

Korea strengthens cooperation with Asia-Pacific economies to address global trade uncertainties

Korea’s Minister for Trade Inkyo Cheong of the Ministry of Trade, Industry and Energy (MOTIE) held high-level bilateral talks with trade representatives of 14 APEC member economies and the World Trade Organization (WTO) through May 14-16 on Jeju Island, as part of a series ...

May 19,2025

Ministry of Trade, Industry and Energy

2025 APEC Ministers Responsible for Trade Joint Statement

1. We, the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT), met in Jeju, Republic of Korea, from 15-16 May 2025, under the chairmanship of H.E. Inkyo Cheong, Minister of Trade of the Republic of Korea. We welcome the participation of the Director-Ge...

May 19,2025

Ministry of Science and ICT

MSIT Launches KRW 400 Billion K-Cloud R&D Project Based on Domestic AI Semiconductors

- Korea aims to secure world-class AI computing infrastructure technologies—both hardware and software—based on domestically developed AI semiconductors - MSIT selects 17 consortia to lead the 2025 K-Cloud Technology Development Project- A total of 59 R&D institu...

May 19,2025

Ministry of Science and ICT

Korea Secures 1.9 Trillion KRW in Supplementary Budget for AI Sector—Laying the Groundwork to Become a Global Top 3 AI Powerhouse

-Expanding AI computing infrastructure by securing 10,000 advanced GPUs by year-end (KRW 1.6341 trillion) -Launching a full-scale initiative to develop world-class AI models (KRW 213.6 billion) -Hosting the Global AI Challenge to foster top-tier talent in the second half of t...

May 19,2025

Ministry of Environment

Field Trip on Korea’s Water Management Organized for Foreign Policy Talents

▷ Sharing advanced water management policies such as AI-based flood forecasting and observing the operation of key facilities like dams and water purification plantsThe Ministry of Environment (Minister Kim Wansup) announced that it will conduct a field trip on May 19 for ab...

May 19,2025

Ministry of Environment

Biodiversity Education Conducted at 27 Elementary Schools in the Seoul Metropolitan Area for World Bee Day

▷ National Institute of Biological Resources launches wild bee conservation activities on May 20 for World Bee DayThe National Institute of Biological Resources (NIBR) under the Ministry of Environment (Director Yoo Ho) announced on May 20, World Bee Day, that it will conduc...

May 19,2025

Ministry of Food and Drug Safety

[Press release] Minister of Food and Drug Safety of Korea Reappointed as the Next Chair of APFRAS

<p>The Ministry of Food and Drug Safety (Minister Yu-kyoung OH) successfully hosted the 3rd Asia-Pacific Food Regulatory Authority Summit (APFRAS) from May 15 (Thu) to 16 (Fri). Together with 13&nbsp;participating countries, it announced the APFRAS Jeju 2025 Declaration...

May 16,2025

Bank of Korea

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

□ The Export Price Index (KRW basis) decreased 1.2 percent from the previous month. o The index increased 0.7 percent over the last 12 months. □ The Import Price Index (KRW basis) decreased 1.9 percent from the previous month. o It decreased 2.3 percent over the last 1...

May 16,2025