[MOEF]
Industrial activities improved in March due to a low base effect from the previous month. Employment continued to grow in April, although unemployment went up, and consumer prices stayed stable.
[MOEF]
At the 16th meeting, DPM Hong discussed plans to develop biohealth industries, promote coastal and marine tourism, and set up a high-tech industrial park in college campuses.
[MOEF]
The economically active population marked 28,284,000 in April 2019, and the number of employed persons totaled 27,038,000.
[FSC]
The FSC monitored loan delinquencies among households and small merchants to ensure sound loans.
[FSC]
The FSC revised regulations to allow operating a fund by AI-based automated investment management system.
[FSC]
The FSC will give a two to three years of grace period to newly launched internet-only banks, which will exempt them from Basel III for the period.
[FSC]
The FSC added eight financial services to its fintech regulatory sandbox on May 15, making a total number of services under it 26.
[BOK]
The export price index (won basis) increased 0.5 percent from the previous month, and the import price index (won basis) rose 1.5 percent.
[BOK]
3-yr treasury bond yields have been increasing (1.69% at end-Mar → 1.70% at end-Apr → 1.72% on May 10) due to unfavorable economic indicators and US-China trade disputes.
