Ministry of Foreign Affairs

1. The government of the Republic of Korea has decided to provide US$1 million in humanitarian aid to support the relief efforts in response to the ongoing floods in Kenya.※ According to the Kenyan government, as of May 6, the floods left 229 people dead, 174 injured, 74 missing ...

May 16,2024

Ministry of Trade, Industry and Energy

Nuclear Power Policy Director General Ahn Sei-jin at the Ministry of Trade, Industry and Energy (MOTIE) led the Korean delegation in the meeting with the UK’s delegation led by Chris Heffer, Director for Nuclear Power, Infrastructure and Decommissioning at the Department fo...

May 16,2024

Financial Services Commission

The Financial Services Commission announced that this year’s global fintech expo, 2024 Korea Fintech Week, is scheduled to be held for three days from August 27 to August 29 at Dongdaemun Design Plaza (DDP) in Seoul. Last year, Korea Fintech Week attracted some 11,000 ...

May 16,2024

Financial Services Commission

The Korea Financial Intelligence Unit (KoFIU) conducted a survey on the twenty-nine registered virtual asset service providers (VASPs) to see the current state of the domestic virtual asset market and keep relevant statistics up to date. Survey Overview (Respondents) &n...

May 16,2024

Financial Services Commission

Chairman Kim Joo-hyun of the Financial Services Commission held a meeting on promoting investment for startups and venture businesses on May 16. At the meeting, participants went over the progress of policy measures implemented since April last year, which were intended to b...

May 16,2024

Financial Services Commission

The Financial Services Commission decided to approve DGB Daegu Bank’s application to make a transition from a region-specific operator to a nationwide commercial bank at the 9th regular meeting held on May 16. The FSC’s approval will introduce a new nationwide commerc...

May 16,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced a report on the 'diagnosis of the current situation of venture investment and countermeasures.' The report includes the latest trends in domestic venture investment and fund formation in the first quar...

May 14,2024

Ministry of Agriculture, Food and Rural Affairs

Global Grain Market Trend and Government’s ResponseThe 2024/25 global production of major grains, including wheat and soybeans, is projected to reach 2.967 billion tonnes, up by 1.3% from the previous marketing year (2023/24), and the projected 2024/25 ending stocks are 870 ...

May 14,2024

Ministry of Gender Equality & Family

Participation in the Deliberation for the 9th National Report of the Republic of Korea, in the Convention on the Elimination of all Forms of Discrimination against Women The government delegation from 6 ministries and organizations, including the Ministry of Gender Equali...

May 14,2024

Ministry of Trade, Industry and Energy

Professor Yoon Youngbin Appointed as the First Administrator of the Korea AeroSpace Administration - John Lee, former senior advisor at NASA, appointed as Deputy Administrator for Mission Directorates The Presidential Office announced the appointment of Professor Yo...

May 13,2024