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Ministry of Climate, Energy and Environment

Complete Ban on Bear Farming and Bear Bile Extraction After 40 Years

▷ Granting a guidance period to support civic groups’ efforts to purchase the remaining captive bears▷ Making all-out efforts to protect the remaining captive bears through cooperation with public zoos and expansion of private protection facilities The Ministry of ...

Dec 30,2025

Ministry of Trade, Industry and Resources

M.AX Alliance for Autonomous Ships Enters Full Operation: MOTIR and MOF Join Hands with Shipbuilding and Shipping Industries in a “2+2 Partnership”

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) and the Ministry of Oceans and Fisheries (MOF, Acting Minister Kim Sung-bum) jointly held the Strategic Meeting of the M.AX Alliance for Autonomous Ships on Monday, December 29, at Lotte Hotel Seoul. The meeti...

Dec 29,2025

Bank of Korea

Interest Rates (Nov 2025)

□ In November 2025, the average interest rate on new deposits was 2.81%, up 24 basis points from the previous month. ― The average interest rate on outstanding amounts of deposits as of end-November was 2.02%, down 1 basis points from the previous month. □ In November 2...

Dec 29,2025

Financial Services Commission

KoFIU Kicks Off Taskforce Meeting to Seek Regulatory Improvements in Anti-money Laundering Framework

The Korea Financial Intelligence Unit (KoFIU) held the kickoff meeting of the taskforce for revamping rules regarding the Act on Reporting and Using Specified Financial Transaction Information (“the Act” hereinafter) on December 29. The taskforce has been organiz...

Dec 29,2025

Bank of Korea

Monetary Policy for 2026

□ The Bank of Korea (the “Bank”) will decide whether and when to implement any further Base Rate cuts, based on comprehensive assessment of inflation and growth developments, as well as changes in financial stability conditions. □ The Bank will strengthen monitoring and risk...

Dec 25,2025

Bank of Korea

Consumer Tendency Survey for December 2025

□ The Composite Consumer Sentiment Index (CCSI) for December 2025 stood at 109.9, 2.5 points lower than that in November. ― Consumer sentiment regarding current living standards was 95, one point lower than that in November, and that concerning the future outlook was 100, one ...

Dec 24,2025

Ministry of Economy and Finance

Tax Support Measures to Revitalize the Domestic Capital Market and Mitigate Structural Supply-Demand Imbalances in the FX Market

On December 24, the Ministry of Economy and Finance announced tax support measures for domestic investment and foreign exchange (FX) stability, aimed at promoting the revitalization of the domestic capital market and addressing structural supply-demand imbalances in the FX market...

Dec 24,2025

Ministry of Science and ICT

Korea Launches "2026 AI Co-Scientist Challenge Korea," the Nation’s First Experimental Initiative for AI-Driven Scientific Research

- Three-month competition to conduct AI-assisted scientific research and develop AI agents - Up to 16 teams to be awarded, with national R&D commercialization support of up to KRW 2.5 billion The Ministry of Science and ICT (MSIT, Deputy Prime Minister and Minister of S...

Dec 23,2025

Ministry of Trade, Industry and Resources

16 Companies from Three Petrochemical Complexes Submit Business Restructuring Plans, Successfully Completing the First Step of Structural Reform

All 16 petrochemical companies operating Naphtha Cracking Centers (NCCs) and Propane Dehydrogenation (PDH) facilities across three petrochemical complexes in Yeosu, Daesan, and Ulsan submitted their draft business restructuring plans by December 19, in line with the end-December ...

Dec 23,2025

Ministry of Economy and Finance

Korea’s OFDI Posts $16.06 Billion in Q3 2025

Korea’s OFDI, Q3 2025  (US $100 million, %, y-o-y) Korean OFDI 2023 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Amount invested 182.7 161.1 150.7 165.8 166.2 163.7 146.9 183.9 159.2 153.8 160.6 Change (%) -36.0 -1...

Dec 23,2025