Ministry of Trade, Industry and Energy
Korea and Japan to step up cooperation in carbon regulation response
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea and Japan’s Ministry of Economy, Trade and Industry (METI) held the second Korea-Japan Global Green Policy Dialogue (“Dialogue”) today in Seoul and discussed cooperation in global carbon...
Jan 17,2025
Ministry of Science and ICT
MSIT’s Work Plan for 2025
Leading the Digital Transformation with AI, Pioneering the Future through Science and Technology
The Ministry of Science and ICT aims to strengthen growth engines based on science and digital technologies, reform the R&D system and talent nurturing to prepare for the fu...
Jan 16,2025
Ministry of Foreign Affairs
MOFA Spokesperson’s Statement on Ceasefire Agreement in Gaza
1. The government of the Republic of Korea welcomes the agreement reached on January 15 regarding the ceasefire and hostage release in the Gaza Strip, and highly appreciates the diplomatic efforts made by the United States, Qatar and Egypt, which played critical roles in achievin...
Jan 16,2025
Bank of Korea
Recent Economic Developments (Jan 2025)
▣ Korea’s economic growth will likely fall short of the previously projected path for both 2024 and 2025, particularly in consumption and construction invesment, due to the weakening of economic sentiment stemming from heightened political uncertainty.
￭ Future path of ...
Jan 16,2025
Ministry of Trade, Industry and Energy
Korea’s auto exports enter $70 bln thresholds for 2nd year running
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea’s automobile exports for 2024 reached USD 70.8 billion, entering the $70 billion thresholds for the second year running.
Marking the second highest export record foll...
Jan 16,2025
Bank of Korea
Export/Import Price Indexes and Trade Indexes - December 2024(preliminary)
□The Export Price Index (KRW basis) increased 2.4 percent from the previous month.
o The index increased 10.7 percent over the last 12 months.
□The Import Price Index (KRW basis) increased 2.4 percent from the previous month.
o It increased 7.0 percent over the last 12...
Jan 15,2025
Statistics Korea
Economically Active Population Survey in December 2024
[Economically active population and labor force participation rate]
◦ The economically active population marked 29.156 million persons in December, which grew 119 thousand persons or 0.4% year-on-year.
◦ The labor force participation rate stood at 63.9% in December, up 0.1%p ...
Jan 15,2025