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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

The 11th Korea-OECD International Forum on Budgeting (September 26)

The Ministry of Economy and Finance (MOEF) co-hosted the 11th Korea-OECD International Forum on Budgeting with the Korea Development Institute (KDI) and the Organization for Economic Cooperation and Development (OECD) for two days from September 26 to 27 at the JW Marriott Hotel Seoul.

MOEF

Administration Notice for the Guidelines on the Foreign Exchange Affairs of RFIs (September 26)

The Ministry of the Economy and Finance announces the administrative notice for the “Guidelines on the Foreign Exchange Affairs of Registered Foreign Institutions (RFI)” on September 26, 2023, in accordance with Article 46 of the Administrative Procedures Act.

MOEF

Amendment to the Enforcement Decree of the Foreign Exchange Transactions Act is Passed (September 25)

The government deliberated and approved the Amendment to the Enforcement Decree of the Foreign Exchange Transactions Act at the 40th Cabinet meeting held on September 25.

FSC

Government to Prepare Measures to Overhaul Rules on Mutual Financial Businesses (September 26)

The Financial Services Commission held the 3rd consultative body meeting on mutual financial businesses with related government ministries and mutual financial businesses on September 26.

FSC

CD Rate as Critical Benchmark Rate to Take Effect from October 2 (September 25)

The Financial Services Commission announced that the certificate of deposit (CD) rate as a critical benchmark rate under the Act on the Management of Financial Benchmarks will take effect from October 2.

FSC

Online Loan Transfer Service to be Available for Housing Loans (September 25)

The Financial Services Commission announced that the online loan transfer service will be available for mortgage loans for apartments and jeonse loans for all housing types, allowing borrowers to compare different rates online and make a switch to the one offering lower interest rates.

FSC

Policy Funds to Supply Venture Capital in Strategic Areas (September 25)

The Financial Services Commission held the 4th consultative body meeting on policy finance support with the related government ministries, policy financial institutions and a young entrepreneurs foundation on September 25.


Announcement On Upcoming Releases

MOEF

  • Monthly Industrial Statistics, August 2023 (October 4)
  • Consumer Price Index, September 2023 (October 5)
Each institution is responsible for the information it provides in the bulletin.

Ministry of Economy and Finance
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