Ministry of Economy and Finance
AMRO Projects Korea’s 2025 Growth Rate at 1.6% and Inflation Rate at 1.9%
The ASEAN+3 Macroeconomic Research Office (AMRO)[1] released its 2024 Annual Consultation Report on Korea on March 21st (Friday). This report is based on the annual consultations conducted in November 2024 when the AMRO mission team visited Korea and held discussions with governm...
Mar 21,2025
Ministry of Foreign Affairs
Republic of Korea Deposits Instrument of Ratification for BBNJ Agreement
- The ROK becomes the 21st country to ratify the agreement and is expected to play a leading role in the conservation of marine biodiversity in areas beyond national jurisdiction. -1. The government of the Republic of Korea completed its domestic ratification process for the Agre...
Mar 20,2025
Ministry of Land, Infrastructure and Transport
Revised Cancellation Fees on Express Bus Tickets
Starting in May, the South Korean government is set to revise the rate of cancellation fees on express bus tickets as follows to enhance operational efficiencies.
※ For more information, refer to the attached file.
Mar 20,2025
Ministry of Trade, Industry and Energy
Korea Trade Commission holds public hearing on petroleum resin imports
The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea held a public hearing today on whether Chinese and Taiwanese petroleum resin imports are causing damage to domestic industries, on which anti-dumping investigations ...
Mar 20,2025
Ministry of Economy and Finance
Meeting on Macroeconomic Financial Issues (Mar.20, 2025)
On March 20th, Acting President and Deputy Prime Minister Choi Sang-mok held a Meeting on Macroeconomic and Financial Issues at the Government Complex-Seoul with the Governor of the Bank of Korea, the Governor of the Financial Supervisory Service, and the Vice Chairman of the Fin...
Mar 20,2025
Ministry of Agriculture, Food and Rural Affairs
Korean Food Captures Global Attention at Asia’s 50 Best Restaurants
Korean Food Captures Global Attention at Asia’s 50 Best RestaurantsSejong, 20 March 2025 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) and the Seoul Metropolitan Government announced today that Asia’s 50 Best Restaurants 2025, the world’s highly prestigious i...
Mar 20,2025
Bank of Korea
BOK Launches Intellectual Services Trade Statistics
□ The Bank of Korea, in collaboration with the government, has
successfully completed the Services Trade Statistics Enhancement
Project, launched in June 2023. As a result of the initiative, the
Intellectual Services Trade Statistics have been newly developed intoa satellite a...
Mar 19,2025