Ministry of Trade, Industry and Resources
Trade Minister Hosts Strategy Meeting for Upcoming APEC Business Events
Korea’s Minister for Trade Yeo Han-koo hosted a strategy meeting on Monday, August 18, 2025, at the Korea Chamber of Commerce and Industry in Seoul to ensure meaningful economic outcomes from upcoming Asia-Pacific Economic Cooperation (APEC) business events. In line with th...
Aug 19,2025
Bank of Korea
Household Credits in Q2 2025
□ Total household credits outstanding increased by 24.6 trillion won in Q2 2025 to stand at 1,952.8 trillion won as of end-June, with household loans totaling 1,832.6 trillion won and merchandise credits 120.2 trillion won.
o Household loans increased by 23.1 trillion won d...
Aug 19,2025
Ministry of Foreign Affairs
6th Next Generation Korea Experts Workshop Successfully Held
- 46 Graduate Students from 23 Countries Participate in Program Designed to Nurture Future Korea Experts -1. The Ministry of Foreign Affairs (MOFA) successfully concluded the 6th Next Generation Korea Experts Workshop on Thursday, August 14. The program, held from August 4 to 14,...
Aug 19,2025
Ministry of Science and ICT
MSIT Selects Five Elite Teams for the “Sovereign AI Foundation Model” Project
-Naver Cloud, Upstage, SK Telecom, NC AI, and LG AI Research selected
-All participating teams demonstrated strong capabilities and meaningful ambition, and are expected to help expand Korea’s AI ecosystem across multiple fronts
-The project now moves into full-scale de...
Aug 18,2025
Ministry of Science and ICT
MSIT Selects Five Elite Teams for the “Sovereign AI Foundation Model” Project
- Naver Cloud, Upstage, SK Telecom, NC AI, and LG AI Research selected
- All participating teams demonstrated strong capabilities and meaningful ambition, and are expected to help expand Korea’s AI ecosystem across multiple fronts
- The project now moves into full-sca...
Aug 18,2025