Ministry of Trade, Industry and Energy
Korea’s automobile exports log $5.1 bln in August
The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s automobile exports for August 2024 reached USD 5.1 billion, logging the second highest export value for the month despite the slight decline year-on-year. The accumulated export value through Ja...
Sep 19,2024
Ministry of Trade, Industry and Energy
Korea shares nuclear policies at Roadmaps to New Nuclear 2024
Deputy Minister for Energy Policy Lee Ho-hyeon attended the Roadmaps to New Nuclear 2024 conference on September 19 at the OECD Conference Center in Paris, France, where he introduced Korea’s nuclear energy policies. The conference was attended by high-level government officials ...
Sep 19,2024
Ministry of Economy and Finance
Meeting on Macroeconomic and Financial Stability (Sep. 19, 2024)
On September 19, Deputy Prime Minister Choi Sang-mok held an emergency Meeting on Macroeconomic and Financial Stability with related institutions[1] to assess the impact of the decision by the U.S.’s Federal Open Market Committee (FOMC) to cut the benchmark interest rate on domes...
Sep 19,2024
Ministry of Foreign Affairs
Korea Assumes Presidency of 68th IAEA General Conference
1. Korea has been elected President of the 68th General Conference of the International Atomic Energy Agency (IAEA) at the opening plenary held in Vienna, Austria, on September 16. Ambassador Ham Sang Wook, Permanent Representative of the Republic of Korea to the International Or...
Sep 16,2024
Ministry of SMEs and Startups
Vietnamese Small Business Popup Store Event Concludes Amidst Warm Enthusiasm
The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced that a popup store for small businesses held in Vietnam successfully concluded with 22,000 local visitors over the span of seven days.
The popup store event for small businesses, held from August 28 (...
Sep 13,2024
Ministry of Economy and Finance
Current Economic Situation, September 2024
In July, services production and facilities investment went up, while industrial production, retail sales, and construction investment fell.
Despite increases in services production (+0.7% m-o-m, +2.2% y-o-y), the decrease in industrial production (-3.6% m-o-m, +5.5% y-o-y) and...
Sep 13,2024