MOEF
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
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
The economically active population marked 28,130,000 in March 2021, and the number of employed persons totaled 26,923,000.
FSC
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
The FSC announced that the financial development review committee held a second subcommittee meeting on policy and global finance issues on April 13.
FSC
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
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
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
The Treasury bond yield rose significantly on increasing US Treasury bond rates and foreign investors’ net selling of Treasury bond futures.
BOK
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
Broad Money (M2, seasonally adjusted, period-average) increased by 1.3%.
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