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Anti-Corruption & Civil Rights Commission

1 Billion Won Paid in Rewards for Corruption and Public Interest Reporters

1 Billion Won Paid in Rewards for Corruption and Public Interest Reporters in the Third Quarter of This Year…140 Million Won, the Largest Amount, Paid for Reporting on the Case of "Inflating Labor Costs" - In the third quarter of this year, a total of 78 corrupt...

Nov 19,2024

Anti-Corruption & Civil Rights Commission

"Protector of Hansen’s Disease Patients," ACRC Chairperson Ryu Chul Whan, Visits Seongjawon

"Protector of Hansen’s Disease Patients," ACRC Chairperson Ryu Chul Whan, Visits Seongjawon in Andong to Hear Concerns - Celebrating the 71st anniversary of Seongjawon in Andong with an on-site visit and meeting - Review of implementation status for recommen...

Nov 19,2024

Anti-Corruption & Civil Rights Commission

New Guidelines to Rein in Indiscriminate Leniency in Public Sector Discipline Based on Citations

New Guidelines to Rein in Indiscriminate Leniency in Public Sector Discipline Based on Citations - Recommendation to enhance fairness in disciplinary leniency for 327 public institutions - Establishing validity periods for citation and excluding vague reasons for leniency (30...

Nov 19,2024

Financial Services Commission

Rule Changes on Corporate Mergers and Acquisitions Approved by the Government

The Financial Services Commission announced that a revision bill for the Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA) intended to upgrade rules on corporate mergers and acquisitions (M&As) was approved by the government at the cabine...

Nov 19,2024

Ministry of Economy and Finance

President Yoon Suk Yeol Announces 45% Increase in Korea’s Contribution to the IDA During G20 Summit

At the G20 Summit (November 18-19, Rio de Janeiro, Brazil), President Yoon Suk Yeol announced during Session 1 (Global Call to End Hunger & Poverty) that Korea would increase its contribution to the International Development Association (IDA)*’s 21st Replenishment by 45%.   * IDA...

Nov 19,2024

Ministry of Economy and Finance

1st VM Kim Meets with the IMF Mission Team for the 2024 Article IV Consultation

On November 19, First Vice Minister Kim Beomseok held a meeting with the International Monetary Fund (IMF) team, led by Mr. Rahul Anand, Mission Chief for Korea. The mission team is in Korea from November 7 to November 20 as part of the 2024 Article IV Consultation*.   * Under Ar...

Nov 19,2024

Ministry of SMEs and Startups

Ministry of SMEs and Startups Signs Agreements with Eight Law Firms and Holds Consultation Meeting to Address Legal and Regulatory Challenges for Startup Expansion Abroad

FOR IMMEDIATE RELEASE                       Nov. 18, 2024                                              ...

Nov 18,2024

Bank of Korea

Issuance of Key Industries and Economic Development in Korea Commemorative Coins

□ Bank of Korea will issue a new series of two commemorative coins highlighting key industries and the economic development of Korea. These coins celebrate Korea‘s national achievements in key industries and its overall economic development, and are aimed at fostering n...

Nov 18,2024

Ministry of Trade, Industry and Energy

Korea and Peru to bolster critical minerals supply chain cooperation

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea entered into a memorandum of understanding (MOU) on critical minerals cooperation with the Ministry of Energy and Mines of Peru on November 16 in Lima on the margins of Korean President Yoon Suk Yeol&rsqu...

Nov 18,2024

Ministry of Patriots and Veterans Affairs

Patriots and Veterans Affairs Under the Yoon Suk Yeol Administration - Key Achievements and Way Ahead -

 key achievements- upgraded to a full ministry since 62 years, signifying the importance of patriots and veterans affairs- established a comprehensive support tem for heroes and their families- promoted a culture honoring uniformed heroes in everyday life way ahead- settle a fi...

Nov 18,2024