MOEF
Manufacturing and services for November improved from the previous month, as well as facilities investment and construction investment.
MOEF
DPM Hong presided over the 26th Meeting of the Central Economic Response Headquarters and discussed plans to help employment recover in the first quarter.
MOEF
The economically active population marked 27,661,000 in December 2020, and the number of employed persons totaled 25,526,000.
MOEF
DPM Hong presided over the 220th Ministerial Meeting on International Economic Affairs held on January 11 to discuss goals in 2021 regarding international economic affairs including EDCF.
FSC
The FSC announced the availability of additional lending support for small merchants on January 14, including lower interest rates and guarantee fees for the second phase COVID-19 financial support program and the newly launched lending support of up to KRW10 million for those hit by social gathering restrictions.
FSC
Vice Chairman Doh Kyu-sang held a meeting with industry officials and experts via teleconference on January 14 and discussed the government’s plans to improve rules on corporate disclosure.
FSC
The FSC announced revisions to the Enforcement Decree of the Financial Investment Services and Capital Markets Act (FSCMA) on January 13 as a follow-up measure to the government’s effort to strengthen penalties on illegal stock short sale activities.
FSC
Vice Chairman Doh Kyu-sang held the 32nd financial risk assessment meeting via teleconference on January 12 to review the progress of the COVID-19 financial support programs for small merchants and SMEs.
BOK
The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 0.50% for the intermeeting period.
BOK
Korea’s economy has continued to recover modestly. Exports have risen substantially and facilities investment has sustained its growth.
BOK
The Export Price Index (KRW basis) decreased 0.1 percent from the previous month.
BOK
Broad Money (M2, seasonally adjusted, period-average) increased by 0.9%.
National Symbols of the Republic of Korea