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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

KTB Issuance Plan, December 2021 (November 25)

The Ministry of Economy and Finance plans to issue Korea Treasuries worth approximately 5,800 billion won for December 2021 through competitive bidding.

MOEF

48th Meeting of Central Economic Response Headquarters (November 23)

DPM Hong discussed plans to use this year's extra tax revenues to boost small business support amid risks from the virus still hanging over the economy.

FSC

2nd Round of New Deal Fund Sale Plan Announced (November 25)

The FSC announced the 2nd round of New Deal fund sale plan of KRW80 billion for general investors which will be matched by fiscal investment worth KRW20 billion for creating a master fund in the amount of KRW100 billion.

FSC

FSC Revokes Business License of Optimus Asset Management (November 24)

The FSC decided to issue a revocation of business license on Optimus Asset Management along with other penalty measures imposed on its employees at the 21st regular meeting held on November 24.

FSC

KoFIU Holds International Conference Commemorating 20th Anniversary (November 23)

The Korea Financial Intelligence Unit (KoFIU) hosted an international conference commemorating the 20th anniversary of its establishment on November 23.

FSC

Joint Debt Adjustment Program to Help Young Adults Struggling with Multiple Debts (November 22)

The FSC and the Ministry of Education signed an agreement with the Korea Student Aid Foundation (KOSAF) and the Credit Counseling and Recovery Service (CCRS) on November 22 to set up a joint debt adjustment program and help relieve debt burdens of young adults who are struggling with multiple debts.

BOK

Economic Outlook (November 2021) (November 25)

Korea's real GDP is projected to grow by 4.0 percent in 2021 and 3.0 percent in 2022.

BOK

Monetary Policy Decision (November 25)

The Monetary Policy Board of the Bank of Korea decided today to raise the Base Rate by 25 basis points, from 0.75% to 1.00%.

BOK

Household Credits in Q3 2021 (November 23)

Total household credits outstanding increased by 36.7 trillion won in the third quarter of 2021 to stand at 1,844.9 trillion won as of end-September, with household loans totaling 1,744.7 trillion won and merchandise credits 100.2 trillion won.

BOK

Consumer Survey for November 2021 (November 23)

The Composite Consumer Sentiment Index (CCSI) for November 2021 stood at 107.6, higher than that in October by 0.8 points.


Announcement On Upcoming Releases

MOEF

  • Industrial Activities, October 2021 (November 30)
  • Consumer Prices, November 2021 (December 2)

BOK

  • Industrial Loans of Depository Corporations during Q3 2021 (December 1)
  • Gross National Income: 3rd Quarter of 2021 (Preliminary) (December 2)
  • Official Foreign Reserves (November 2021) (December 3)
Each institution is responsible for the information it provides in the bulletin.

Ministry of Economy and Finance
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