Ministry of Science and ICT
“Proprietary AI Foundation Model” Project Enters Full‑Scale Launch
- Public–private collaboration to develop a globally influential Korean AI foundation model
- Up to five elite teams will be selected, aiming for ≥95% performance against leading global models- Comprehensive support (GPU resources, data, talent) for up to three years pe...
Jun 27,2025
Ministry of Trade, Industry and Energy
Korea Trade Commission holds 461st meeting
The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy (MOTIE) held the 461st KTC meeting today at the Government Complex Sejong for deliberation and resolution on anti-dumping investigations.
Regarding the investigations initiated last September o...
Jun 26,2025
Bank of Korea
Business Survey and Economic Sentiment Index (ESI) for June 2025
□ The Composite Business Sentiment Index (CBSI) for all industries for June 2025 was 90.2, down 0.5 points from the previous month, and that for the outlook for the following month also fell by 0.1 points to 89.4.
― In the manufacturing sector, the CBSI for June 2025 was 94.4...
Jun 26,2025
Ministry of Trade, Industry and Energy
Korea’s retail industry grows 7.0% in May
The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s retail industry grew 7.0 percent year-on-year overall during the month of May 2025, with offline and online sales gaining 0.9 percent and 13.0 percent, respectively.
MOTIE's monthly retail ...
Jun 25,2025
Bank of Korea
BOK Launches Redesigned English ECOS Website
□ The Bank of Korea (BOK) has redesigned the English website of its Economic Statistics System (ECOS) (https://ecos.bok.or.kr/) to make it easier to access economic statistics in English.
ㅇ The new “Major Statistics Explanation” and “Regional Statistics&rdqu...
Jun 24,2025
Bank of Korea
Consumer Tendency Survey for June 2025
□ The Composite Consumer Sentiment Index (CCSI) for June 2025 stood at 108.7, 6.9 points higher than that in May.
― Consumer sentiment regarding current living standards was was 92, two points higher than that in May, and that concerning the future outlook was 101, four point...
Jun 24,2025
Ministry of Science and ICT
MSIT Signs MOU with GGGI to Promote Public Climate Technologies
- MSIT and Global Green Growth Institute (GGGI) finalize an MOU to accelerate public climate technology for climate change mitigation
The Ministry of Science and ICT (Minister Yoo Sang-im, hereinafter “MSIT”) signed a Memorandum of Understanding (MoU) with the Global Green Gr...
Jun 23,2025