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Ministry of Economy and Finance

Current Economic Situation, February 2025

In December 2024, industrial and services production, and facilities and construction investments climbed up while retail sales dropped.   Production increased in the industrial (+4.6% m-o-m, +5.3% y-o-y), services (+1.7% m-o-m, +1.2% y-o-y), and construction (+1.3% m-o-m, -8.3% ...

Feb 14,2025

Ministry of Trade, Industry and Energy

Korea’s ICT exports drop 0.4% in January

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced on February 13 that exports and imports of Korea’s information and communications technology (ICT) goods for the month of January 2025 reached USD 16.3 billion and $13.5 billion, respectiv...

Feb 13,2025

Ministry of Unification

Unification Spokesperson’s Statement on North Korea’s dismantlement of the Reunion Center for the Separated Families

Unification Spokesperson’s Statement on North Korea’s dismantlement of the Reunion Center for the Separated Families February 13, 2025 o The ROK Government has confirmed that the North is dismantling the Reunion Center for the Separated Families at Mount Geumgang, a...

Feb 13,2025

Ministry of Science and ICT

MSIT to Invest KRW 198 Billion in Quantum Science and Technology for 2025

- Introducing 32 New Tasks Across 15 Projects in Quantum Science and Technology The Ministry of Science and ICT (Minister Yoo Sang-im, hereinafter ‘MSIT’) has announced plans to launch 32 new tasks across 15 projects in 2025 to enhance Korea’s quantum sci...

Feb 13,2025

Ministry of Science and ICT

Korean Research Team Achieves World-First Observation of Quantum Mechanical Spin Pumping at Room Temperature

- Collaborative effort by Professors Lee Kyung-jin and Kim Gap-jin of KAIST and Professor Jeong Myung-hwa of Sogang University overcomes previous limitations by observing quantum mechanical spin pumping at room temperature, paving the way for advancements in next-generation elect...

Feb 13,2025

Ministry of Foreign Affairs

ROK-Guyana Air Services Agreement Enters into Force

- A Legal Foundation Established for Air Transportation Cooperation Between the Two Countries -1. The “Agreement between the Government of the Republic of Korea and the Government of the Co-operative Republic of Guyana for Air Services Between and Beyond their Respective Territor...

Feb 13,2025

Bank of Korea

Monetary and Liquidity Aggregates (December 2024)

□ Broad Money (M2, seasonally adjusted, period-average) increased by 1.0% ※ For more information, refer to the attached file.

Feb 13,2025

Financial Services Commission

Transactions of Virtual Assets by Corporate Entities to be Allowed in Stages

Vice Chairman Kim Soyoung of the Financial Services Commission presided over the third meeting of the virtual asset committee on February 13 and held discussions with related ministry officials and private sector experts on the final policy measures aimed at allowing corporate tr...

Feb 13,2025

Ministry of SMEs and Startups

Ministry of SMEs and Startups Recruits Startups to Participate in the ‘Public-Private Collaboration project for Open Innovation’

FOR IMMEDIATE RELEASE                       Feb. 12, 2025                                    Ministry of SMEs and Startups Recr...

Feb 12,2025

Ministry of SMEs and Startups

Ministry of SMEs and Startups Recruits Startups for the “Collaboration Program with Global Companies”

FOR IMMEDIATE RELEASE                     Feb. 12, 2025                                       Ministry of SMEs and Startup...

Feb 12,2025