Bank of Korea
Economic Outlook (February 2025)
▣ GDP growth forecast for 2025 has been significantly revised downward from 1.9% to 1.5%.
￭ Both exports and domestic demand face heightened downward pressures due to U.S. tariff policies and domestic political uncertainty.
￭ The future path of growth is anticipated to be c...
Feb 25,2025
Ministry of Trade, Industry and Energy
Korea’s retail industry advances 11.7% in January
The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s retail industry grew 11.7 percent year-on-year in the month of January 2025, with offline and online sales advancing 8.8 percent and 14.6 percent, respectively.
MOTIE's monthly retail sales...
Feb 25,2025
Ministry of Trade, Industry and Energy
Korea and Vietnam to boost nuclear energy cooperation
Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea met Vietnam’s Trade and Industry Minister Nguyen Hong Dien today in Seoul for bilateral talks on measures to widen energy and trade cooperation.
Korea’s biggest trading and investment pa...
Feb 25,2025
Ministry of Patriots and Veterans Affairs
mpva s hands with dongjak district to boost seoul national cemetery renewal project
- MOU signing ceremony will be held at Seoul National Cemetery on Wednesday, the 26th, at 2 PM, attended by Minister Kang Jung-ai and Dongjak District Mayor Park Il-ha.- MPVA will promote local economic revitalization and incorporate residents’ opinions, while Dongjak District wi...
Feb 25,2025
Ministry of Environment
Discovery Rate of New and Unrecorded Subtropical Insects Increases
▷ National Institute of Biological Resources captures evidence of climate change through a 5-year analysis of subtropical insect statusThe National Institute of Biological Resources (NIBR, President Seo Min-hwan) under the Ministry of Environment announced that, based on an ...
Feb 25,2025