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Weekly Newsletter

PRESS CENTER Weekly Newsletter

Our weekly newsletter provides 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 newsletter and get email briefing on Korea’s latest economic policies.

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Major News & Events

MOEF

8th Meeting to Promote BIG3 (April 16)

DPM Hong presided over the 8th Meeting to Promote BIG3, held on April 16 to discuss measures to address car chip shortage and plans to increase R&D investment in future cars as well as a roadmap to the 2025 driverless mobility services.

MOEF

Current Economic Situation, April 2021 (April 16)

Manufacturing, services, and construction investment improved in February, while retail sales and facilities investment went down. Employment rebounded in March and consumer price inflation edged up.

MOEF

Current Employment Statistics, March 2021 (April 14)

The economically active population marked 28,130,000 in March 2021, and the number of employed persons totaled 26,923,000.

FSC

FSC Chairman Holds Talks with Relevant Officials Ahead of Partial Resumption of Stock Short-selling (April 15)

FSC Chairman Eun Sung-soo met with officials from relevant institutions and heads of securities companies on April 15 and held talks on the preparatory measures for partial resumption of stock short-selling on May 3, recent stock market trends and virus prevention measures taken by the financial investment industry.

FSC

Authorities Hold Meeting on Improving Rules on the Suspension of Licensing Review Process (April 14)

The FSC announced that the financial development review committee held a second subcommittee meeting on policy and global finance issues on April 13.

FSC

7th Digital Finance Meeting Discusses Guidelines on the Use of AI Technologies in Financial Services (April 13)

Vice Chairman Doh Kyu-sang held the 7th consultative body meeting on digital finance via teleconference on April 13 and discussed potential risks of digital transformation in financial sectors, establishing guidelines on the use of AI technologies in financial services and plan for the operation of the consultative body subcommittees.

FSC

Government Approves Revised Law to Support Innovative Financial Services (April 13)

The government approved the revision to the Special Act on Support for Financial Innovation during a cabinet meeting held on April 13 to make improvements to the financial regulatory sandbox program and support‘innovative financial service’ providers.

BOK

Monetary Policy Decision (April 15)

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

Financial Market Trends, March 2021 (April 14)

The Treasury bond yield rose significantly on increasing US Treasury bond rates and foreign investors’ net selling of Treasury bond futures.

BOK

Export and Import Price Indexes, March 2021 (April 14)

The Export Price Index (KRW basis) increased 3.3 percent from the previous month and the Import Price Index (KRW basis) increased 3.4 percent from the previous month.

BOK

Monetary and Liquidity Aggregates, February 2021 (April 13)

Broad Money (M2, seasonally adjusted, period-average) increased by 1.3%.


Announcement On Upcoming Releases

BOK

  • Producer Price Index, March 2021 (April 21)
  • Trade Settlement Currency in Korea 2020 (April 22)
Each institution is responsible for the information it provides in the bulletin.

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