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Ministry of Trade, Industry and Resources

MOTIR Maps Out the M.AX Blueprint for Industrial Complexes in Changwon

Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) visited the city of Changwon in Gyeongsangnam-do on February 6, 2026, to explore ways industrial complexes—the backbone of the manufacturing sector—can drive regional manufacturing up...

Feb 06,2026

Ministry of Trade, Industry and Resources

MOTIR to Invest KRW 464.5 Billion in Korea’s Automotive Industry in 2026

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) announced on February 6, 2026, that it will invest KRW 464.5 billion this year in R&D and infrastructure-building programs for the automotive sector. Korea’s automotive exports reached a record high of US...

Feb 06,2026

Ministry of Trade, Industry and Resources

MOTIR Steps Up Public–MOTIR Steps Up Public–Private Cooperation to Stabilize Rare Earth Supply ChainsPrivate Cooperation to Stabilize Rare Earth Supply Chains

As part of his trip to the Daegu-Gyeongbuk region, Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) visited Star Group Ind. Co., Ltd.—a rare-earth permanent magnet manufacturer—on February 5, 2026, and met with major rare earth comp...

Feb 06,2026

Bank of Korea

Bank of Korea and Bank Indonesia Signed a Renewal of Bilateral Currency Swap Arrangement

Bank of Korea and Bank Indonesia today announced a renewal of a bilateral currency swap arrangement (BCSA). The current extension will be effective for five years, from March 6, 2026 to March 5, 2031. ※ Please refer to the attached files.

Feb 05,2026

Ministry of Health and Welfare

MOHW Minister Hears Jeolla Emergency Care Frontline Feedback, Pays Tribute to Late NEMC Director

MOHW Minister Hears Jeolla Emergency Care Frontline Feedback, Pays Tribute to Late NEMC Director - Held an on-site roundtable on the Jeolla regional emergency medical system - - Attended the 7th memorial ceremony honoring the late Yoon Han-deok, former Director of the Nationa...

Feb 05,2026

Bank of Korea

BI and BOK Continue Cooperation on Korea–Indonesia Cross-Border QR Payment Interlinkage

On February 5, 2026, Bank Indonesia (BI) and Bank of Korea (BOK) reviewed the progress of the cross-border QR-based payment service interlinkage and agreed to continue close cooperation going forward. This QR payment interlinkage represents the outcome of bilateral cooperation...

Feb 05,2026

Ministry of Trade, Industry and Resources

MOTIR Minister Visits Daegu–Gyeongbuk to Discuss Industrial Security, Advanced Manufacturing, and Talent Development

Following visits to Jeonbuk (January 22, 2026), and the Busan-Ulsan-Gyeongnam area (January 23, 2026), Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) visited the Daegu-Gyeongbuk region—a key hub for Korea’s advanced industries&mda...

Feb 05,2026

Ministry of Foreign Affairs

The First ROK-Japan Foreign Ministries’ AI Working Level Meeting Held

The Republic of Korea and Japan held the first ROK–Japan Foreign Ministries’ AI working-level meeting on February 5 in Tokyo, represented by Director Shin Dong-min of the International Artificial Intelligence Diplomacy Division and Director Akira Kadomoto of the Economic Diplomac...

Feb 05,2026

Financial Services Commission

FSC Introduces Measures to Strengthen Income Benefit and Enhance Convenience for Reverse Mortgage Subscribers

The Financial Services Commission announced measures to strengthen income benefits and enhance convenience for reverse mortgage subscribers on February 5. Background The reverse mortgage program in Korea allows subscribers to take out reverse mortgage loans (monthly pay...

Feb 05,2026

Ministry of Climate, Energy and Environment

Renewable Energy Transition Felt by the Public, Built Together by the Central and Local Governments

▷ MCEE Minister to convene the first Central-Local Energy Transition Consultative Council on February 5▷ Discussion on cooperation measures to achieve 100 GW of renewable energy by 2030 and expand Solar Income Villages nationwideThe Ministry of Climate, Energy and Envir...

Feb 05,2026