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2019 ECONOMIC POLICIES
PRESS CENTER
PUBLIC INFORMATION
ABOUT MOEF
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Weekly Newsletters

PRESS CENTER Weekly Newsletters

Our weekly newsletters provide the latest press releases of the Ministry of Economy and Finance, the Financial Services Commission and the Bank of Korea. Sign up for our weekly newsletters and get email briefing on Korea’s latest economic policies.

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Major News & Events

MOEF

Current Economic Situation, January 2020 (January 17)

Services, retail sales and facilities investment improved in November 2019, while mining & manufacturing slowed down, as well as construction investment.

MOEF

Registration for the 2020 ADB Annual Meeting Opens on January 17 (January 16)

Registration for the 53rd Asian Development Bank Annual Meeting of the Board of Governors opens on January 17 on www.adb.org and www.adb2020.org.

MOEF

1st Ministerial Meeting on Innovation-driven Growth (January 15)

At the meeting, ministers discussed plans to grow bio-industries and measures to promote the biohealth industry.

MOEF

Current Employment Statistics, December 2019 (January 15)

The economically active population marked 28,095,000 in December 2019, and the number of employed persons totaled 27,154,000.

FSC

Government to Tighten Mortgage Rules (January 16)

The government will tighten mortgage rules for luxury homes from January 20, 2020.

FSC

FSC to Hold 2020 Korea Fintech Week (January 15)

The Financial Services Commission will hold the 2020 Korea Fintech Week from May 28 to 30, 2020 at Dongdaemoon Design Plaza (DDP), Seoul to help develop fintech and promote innovation in the financial industry.

FSC

Vice Chairman Attends FSC Steering Committee Meeting in Basel (January 14)

FSC Vice Chairman Sohn Byungdoo attended the Financial Stability Board (FSB) steering committee meeting held on January 13, 2020 in Basel, Switzerland.

BOK

Monetary Policy Decision (January 17)

The Bank of Korea decided on January 17 to keep the base rate unchanged at 1.25 percent for the intermeeting period.

BOK

Recent Economic Developments, January 2020 (January 17)

Korea’s economic growth remained subdued, but some sectors have shown signs of improvement.

BOK

Monetary and Liquidity Aggregates, November 2019 (January 16)

Broad money (M2, seasonally adjusted, period-average) increased by 0.7 percent.

BOK

Export and Import Price Indexes, December 2019 (January 15)

The export price index rose 0.8 percent from the previous month.


Announcement On Upcoming Releases

MOEF

  • 210th Ministerial Meeting on International Economic Affairs (January 20)

BOK

  • Producer Price Index, December 2019 (January 21)
  • Real GDP, Q4 and full year 2019 (January 22)
  • Loan Officer Survey (January 23)
  • Consumer Survey, January 2020 (January 29)
  • Trade Indices and Terms of Trade Indices, December 2019 (January 29)
  • Business Survey Index(BSI) and Economic Sentiment Index(ESI), January 2020 (January 30)
  • Interest Rates, December 2019 (January 30)
Each institution is responsible for the information it provides in the bulletin.

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