Ministry of Trade, Industry and Energy
Trade Minister Cheong checks APEC 2025 preparations
Minister for Trade Inkyo Cheong of the Republic of Korea held talks with three new members of the APEC Business Advisory Council (ABAC) on October 31 as part of preparations for Korea’s APEC chairmanship in 2025. Placing emphasis on the importance of public-private cooperat...
Nov 01,2024
Ministry of Agriculture, Food and Rural Affairs
Exports of Korean Ramyeon Reached Record High of USD 1.02 Billion in October 2024
Exports of Korean Ramyeon Reached Record High of USD 1.02 Billion in October 2024Sejong, 1 November 2024 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced that the cumulative value of exports of Korean ramyeon (instant noodles) at the end of October in ...
Nov 01,2024
Ministry of Trade, Industry and Energy
Korea eyeing stronger strategic cooperation with India
Minister for Trade Inkyo Cheong of the Republic of Korea held a conference today at the Korea Chamber of Commerce and Industry (KCCI) for discussions on measures for stronger strategic cooperation with India, whose importance is growing across the global supply chain.
The co...
Oct 31,2024
Bank of Korea
Interest Rates (Sep 2024)
□ In September 2024, the average interest rate on new deposits was 3.40%, up 5 basis points from the previous month.
― The average interest rate on outstanding amounts of deposits as of end-September was 2.59%, down 1 basis points from the previous month.
□ In Septemb...
Oct 31,2024