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Bank of Korea

Monetary and Liquidity Aggregates (January 2026)

1. During January 2026, Narrow Money (M1, seasonally adjusted, period-average) increased by 1.3% compared to the previous month. 2. Broad Money (M2, seasonally adjusted, period-average) increased by 0.7% compared to the previous month. 3. Liquidity of Financial Institutio...

Mar 13,2026

Ministry of SMEs and Startups

New Survey Offers Detailed Look at Korea’s Small Business Landscape in 2024

Korea’s small business sector continued to expand in 2024, with more establishments in operation and greater adoption of digital tools, according to the latest nationwide survey conducted by the Ministry of SMEs and Startups (MSS) and the Small Enterprise and Market Service...

Mar 13,2026

Ministry of Trade, Industry and Resources

Korea Steps Up Efforts to Stabilize Petroleum Product Prices

The Korean government will introduce policy measures to curb the recent spike in domestic petroleum prices caused by developments in the Middle East and to limit sharp price swings in the event of a supply crisis. To that end, following consultations with relevant ministries, the...

Mar 13,2026

Ministry of Trade, Industry and Resources

USTR Launches Section 301 Investigation into Manufacturing Overcapacity

On March 12, 2026, the Office of the United States Trade Representative (USTR) announced in the Federal Register that it is initiating an investigation under Section 301 of the Trade Act of 1974 into acts, policies, and practices related to structural excess capacity and producti...

Mar 13,2026

Ministry of Agriculture, Food and Rural Affairs

The MAFRA Opens Sura Academy to Cultivate Korean Cuisine Ambassadors

The MAFRA Opens Sura Academy to Cultivate Korean Cuisine AmbassadorsSejong, 13 March 2026 — On 5 March, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced its “Plan to Strengthen Global Education in Korean Cuisine” in step with the growing global stature o...

Mar 13,2026

Financial Services Commission

FSC Chairman Holds Meeting with SC Group CEO

Chairman Lee Eog-weon of the Financial Service Commission met with Standard Chartered Group CEO Bill Winters at his office in Seoul Government Complex on March 13. At the meeting, FSC Chairman Lee and SC Group CEO Winters exchanged views on the global impact of deepening geo...

Mar 13,2026

Ministry of Health and Welfare

MOHW, Eli Lilly Sign MOU on USD 500 Million Investment in Korea’s Pharmaceutical and Bio Industry

MOHW, Eli Lilly Sign MOU on USD 500 Million Investment in Korea’s Pharmaceutical and Bio Industry   - MOHW and Lilly sign MOU to support the development of Korea’s pharmaceutical and biotechnology industry and promote public health - - Fostering the growth of ...

Mar 12,2026

Ministry of Foreign Affairs

6th Annual Contest on Overseas Incident & Accident Experiences (March 16 – May 18) — Jointly hosted by MOFA, the KNPA, and the NFA to promote overseas safety information and the consular assistance system —

The Ministry of Foreign Affairs (MOFA), in collaboration with the Korean National Police Agency (KNPA) and the National Fire Agency (NFA), will host the "6th Annual Contest on Overseas Incident & Accident Experiences" (hereinafter referred to as the 'Contest'). This initiativ...

Mar 12,2026

Ministry of Trade, Industry and Resources

Advanced Chip Materials Production Expands Beyond the Capital Region in Korea

Kim Seong-yeol, Deputy Minister for Industry and Growth at the Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim), attended the completion ceremony for JK Materials Sejong Campus on March 12, 2026, where he toured semiconductor materials production facilities and ...

Mar 12,2026

Ministry of Trade, Industry and Resources

February ICT Exports and Trade Surplus Hit Record Highs, with Exports Up 103.3%

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) and the Ministry of Science and ICT (MSIT, Deputy Prime Minister and Minister Bae Kyung-hoon) announced on March 13, 2026, that Korea’s ICT exports in February totaled USD 33.6 billion, up 103.3 percent ...

Mar 12,2026