Ministry of Trade, Industry and Energy
Korean government sharpens EV battery safety and fire response management
The Korean government announced the electric vehicle (EV) fire safety management measures today at the Ministerial Meeting on Current State Affairs chaired by Prime Minister Han Duck-soo.
As the Incheon apartment parking lot EV fire in August fueled nationwide concerns over ...
Sep 06,2024
Ministry of Trade, Industry and Energy
Korea’s largest coal mine closes, opens doors to the next energy era
Trade, Industry and Energy Minister Dukgeun Ahn attended the ceremony on September 6 marking the closure of the Jangseong Coal Mine in Taebaek City, Gangwon province. He expressed appreciation to the coal mine workers and said that the ministry will seek measures to help identify...
Sep 06,2024
Ministry of Trade, Industry and Energy
Korea AI and System IC Innovation Center takes off in San Hose
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 5 the launching of the Korea AI and System IC Innovation Center (K-ASIC) in San Hose, California, which will serve as a hub for supporting Korea’s system semiconductor companies’ entry into the ...
Sep 06,2024
Bank of Korea
Balance of Payments during July 2024 (preliminary)
□ During July 2024, the Korean current account registered a surplus of 9.13 billion dollars.
□ Looking at the financial account, net assets increased by 11.03 billion dollars during July.
Sep 06,2024
Ministry of Agriculture, Food and Rural Affairs
Exports of Korean Agri-food Products Have Increased for 12 Consecutive Months
Exports of Korean Agri-food Products Have Increased for 12 Consecutive MonthsSejong, 5 September 2024 — On 3 September, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced that the cumulative value of exports of Korean agri-food products at the end of Augus...
Sep 06,2024
Ministry of Economy and Finance
243rd Ministerial Meeting on International Economic Affairs
Deputy Prime Minister Choi Sang-mok held the Ministerial Meeting on International Economic Affairs at the Government Complex-Seoul on September 6 to discuss following agenda items: ①Strategic promotion plans for the Knowledge Sharing Program (KSP), ②Measures to enhance economic c...
Sep 06,2024