Ministry of Economy and Finance
Korea’s Government Bond Market is Being Operated Stably
▶ Recently, government bond yields have shown a stabilizing downward trend.
In December, government bond yields rose in part due to external factors such as heightened concern over continued upward inflation pressure stemming from the U.S. President-elect Trump’s tariff policie...
Jan 08,2025
Ministry of Trade, Industry and Energy
Korea’s plant project bid wins surpass $30 bln for 2nd year running
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korean companies won a total of USD 34.1 billion (up 12.7 percent year-on-year) in plant projects during 2024, the highest in nine years since the $36.5 billion secured in 2015.
...
Jan 07,2025
Bank of Korea
Flow of Funds during the 3rd quarter of 2024(preliminary)
- During the third quarter of 2024, the net lending of the total economy (combined domestic sectors) was 36.5 trillion won, representing an increase when compared to the previous quarter (13.0 trillion won).
- Refer to the attached file for details.
Jan 07,2025
Ministry of Foreign Affairs
Ambassadors-Designate to ROK Present Credentials to Acting President
1. Acting President Choi Sang-mok accepted Letters of Credence from nine Ambassadors-Designate to the Republic of Korea at the Government Complex Seoul (9th floor) on Tuesday, 7 January, 2025.2. The nine Ambassadors-Designate are: H.E. Antonio de Sa Benevides from the Democratic ...
Jan 07,2025
Ministry of Trade, Industry and Energy
FDI pledges to Korea reach historic high in 2024
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that foreign direct investment (FDI) pledged to Korea in 2024 reached a total of USD 34.6 billion (up 5.7 percent year-on-year), surpassing the previous high of 2023. FDI arrivals added up...
Jan 07,2025
Ministry of Trade, Industry and Energy
Minister Ahn visits U.S. to promote bilateral cooperation
Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea is visiting the U.S. through January 6–10 to meet with lawmakers and key figures of the U.S. federal and state government to discuss measures for stronger bilateral industrial, trade, and energy co...
Jan 06,2025
Bank of Korea
Official Foreign Reserves(December 2024)
□ Korea's official foreign reserves as of the end of December 2024 amounted to 415.6 billion dollars.
ㅇ Korea’s official foreign reserves consisted of securities valued at 366.7 billion dollars (88.2%), deposits of 25.2 billion dollars (6.1%), SDRs of 14.7 billion dollars ...
Jan 06,2025
Ministry of Land, Infrastructure and Transport
Latest Updates for the Jeju Air Crash in Muan Airport
As of 14:00 PM on 6 January 2025, the current status of countermeasures to the Jeju Air Flight 2216 accident in Muan International Airport, which occurred approximately at 9:03 AM on Sunday 29 December 2024 (KST), is as follows:
[Identification of the victims, and funerals]
A...
Jan 06,2025