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Ministry of SMEs and Startups

K-Startup Pavilion to Feature at BIBAN 2024, Middle East's Largest Startup Event

FOR IMMEDIATE RELEASE                      Nov. 8, 2024                                               &...

Nov 08,2024

Ministry of Trade, Industry and Energy

Trade Minister Cheong chairs conference with U.S.-invested firms to discuss public-private cooperation

Minister for Trade Inkyo Cheong of the Republic of Korea held a conference today in Seoul with Korean businesses investing in the U.S. to take stock of the post-election investment situation and future public-private joint outreach measures. The conference was attended by represe...

Nov 08,2024

Ministry of Patriots and Veterans Affairs

Turn Toward Busan at 11 AM on the 11th of November to Commemorate UN Veterans of the Korean War

The 18th International Memorial Day for UN Korean War Veterans Ceremony will take place at 10:50 a.m. on November 11 at the Busan UN Memorial Cemetery, the only UN cemetery in the world.At 10:30 a.m., prior to the ceremony, a burial service will be held for an unidentified UN vet...

Nov 08,2024

Ministry of SMEs and Startups

Minister OH Youngju Holds Meeting with Companies Entering Saudi Arabian Market

FOR IMMEDIATE RELEASE                        Nov. 7, 2024                                             &...

Nov 08,2024

Ministry of Economy and Finance

Commencement of Preparations for Issuing the First-Ever Australian Dollar-Denominated Foreign Exchange Bond

On November 7, the government finalized the selection of agencies* for the issuance of Australian dollar-denominated foreign exchange stabilization bonds (hereafter “FX bonds”), officially commencing preparations for this issuance. This marks the government’s first issuance of bo...

Nov 08,2024

Ministry of Economy and Finance

Meeting on Macroeconomic and Financial Stability (Nov. 8, 2024)

On November 8, Deputy Prime Minister Choi Sang-mok held an emergency Meeting on Macroeconomic and Financial Stability with related institutions[1] to assess the impact of the decision by the U.S.’s Federal Open Market Committee (FOMC) to cut the benchmark interest rate and the re...

Nov 08,2024

Ministry of Foreign Affairs

ROK Government Decides to Provide US$500,000 in Humanitarian Aid to Philippines in Response to Typhoon

1. The government of the Republic of Korea has decided to provide US$500,000 in humanitarian aid to the Philippines through the World Food Programme (WFP) to support the latter’s ongoing relief efforts in response to the recent typhoon.※ The disaster reportedly left 148 people de...

Nov 07,2024

Ministry of SMEs and Startups

Ministry of SMEs and Startups Holds SME and Startup Support Council Meeting in Dubai

FOR IMMEDIATE RELEASE                        Nov. 7, 2024                                             &...

Nov 07,2024

Ministry of SMEs and Startups

SME Exports Reach USD 28.47 Billion in Q3 2024, Growing 5.9% Year-on-Year

FOR IMMEDIATE RELEASE                        Nov. 7, 2024                                             &...

Nov 07,2024

Bank of Korea

Balance of Payments during September 2024 (preliminary)

□ During September 2024, the Korean current account registered a surplus of 11.12 billion dollars. □ Looking at the financial account, net assets increased by 12.68 billion dollars during September.

Nov 07,2024