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Ministry of Oceans and Fisheries

2024 Arctic Cooperation Week Now in Its Ninth Year

- To be held at BEXCO in Busan from Tuesday, December 10 to Thursday, December 12 The Ministry of Oceans and Fisheries (MOF) and the Ministry of Foreign Affairs will hold the “9th Arctic Cooperation Week” at BEXCO in Busan from Tuesday, December 10 to Thursday, Dec...

Dec 13,2024

Ministry of Oceans and Fisheries

Opening the Era of Smart Shipping and Ports with High-Precision Location Information Service with Margin of Error of 5 cm

- Holding the Declaration Ceremony for Marine High-Precision Location Information Service on Wednesday, December 11 - Service provided through MBC and three telecommunication companies by drastically improving positioning error to 5cm The Ministry of Oceans and Fisheries (...

Dec 13,2024

Ministry of Oceans and Fisheries

Nurturing Busan Port into a Global Top 3 Port by Stabilizing the Import and Export Supply Chain

[Key Contents] - Investing KRW 14 trillion to develop Jinhae New Port, securing the world's largest port facility in Busan Port - Increasing efficiency by selecting a single operator for all nine berths in the first phase of Jinhae New Port - Securing logistics bases in emerg...

Dec 13,2024

Ministry of SMEs and Startups

2025 Ministry of SMEs and Startups Budget Confirmed at KRW 15.2 Trillion

FOR IMMEDIATE RELEASE                      Dec. 13, 2024                                               ...

Dec 13,2024

Ministry of SMEs and Startups

Ministry of SMEs and Startups Hosts K-Global Venture Capital Summit 2024

FOR IMMEDIATE RELEASE                      Dec. 13, 2024                                              &n...

Dec 13,2024

Ministry of SMEs and Startups

First South Korea-UAE SME and Startup Committee Meeting Held

FOR IMMEDIATE RELEASE                        Dec. 13, 2024                                             &...

Dec 13,2024

Ministry of SMEs and Startups

Meeting between the Ministry of SMEs and Startups of Korea and the Minister of Production of Peru

FOR IMMEDIATE RELEASE                     Dec. 13, 2024                                               &...

Dec 13,2024

Ministry of Economy and Finance

Current Economic Situation, December 2024

In October, service production saw an increase and industrial production was stagnant, while retail sales, facilities investment and construction investment went down.     Industrial production remained flat (0.0% m-o-m, +6.3% y-o-y), while service production increased (+0.3% m-o...

Dec 13,2024

Ministry of Economy and Finance

Korea’s OFDI Posts $14.19 Billion in Q3 2024

Korea’s OFDI, Q2 2024  (US $billion, %, y-o-y) Korean OFDI 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3    Amount    invested 28.25 19.85 18.48 15.10 17.70 16.10 15.09 16.28 16.37 15.93 14.19    Change (%) 147.9...

Dec 13,2024

Ministry of Foreign Affairs

Outcomes of ROK-Australia Indo-Pacific Dialogue and Second ROK-Japan-Australia Indo-Pacific Dialogue

1. On Thursday morning, December 12, the Republic of Korea (ROK) and Australia held the "ROK-Australia Indo-Pacific Dialogue" (hereinafter referred to as the "Dialogue") at the Ministry of Foreign Affairs. The ROK was represented by Ms. Eui-hae Cecilia Chung, Special Representati...

Dec 12,2024