Space telescope made with US snaps water, matter from comet
These are photos taken by the space telescope Spherex of (from left to right) water, organic matter and...
Export analysis: brisk sales spur record CA surplus in 2025
Last year's current account surplus broke an all-time record partially thanks to strong semiconductor exports. Shown is a...
Int’l construction orders in 2025 hit 11-year high of USD 47.2B
Overseas construction orders received by domestic companies last year reached USD 47.27 billion, the highest since 2014. Shown...
Record FDI of USD 36B in 2025 proves Korea’s investment appeal
Nam Myung-woo, acting director general of the Ministry of Trade, Industry and Resources' Cross-border Investment Policy Bureau, on...
Planned next-generation power grid to use domestic technology
The Ministry of Trade, Industry and Energy on July 31 announced that it will start construction of a next-generation power...
Consular talks with Russia cover expat safety, convenience
A meeting of a bilateral consular council with Russia in Moscow on May 21 sees officials from both...
Development of on-device AI chips announced in 4 sectors
Minister of Trade, Industry and Energy Ahn Dukgeun on May 20 gives a speech to the AI Semiconductor Collaboration...
S&P keeps nation’s sovereign rating at ‘AA’ with stable outlook
The international credit ratings agency Standard and Poor's on April 15 kept Korea's sovereign rating at "AA" with a...
C/A surplus streak hits 22 months in Feb. with USD 7.18B
The current account surplus in February of USD 7.18 billion marked the 22nd consecutive month of the balance finishing in the...
No. of int’l patent applications in 2024 ranks 4th, grows 7.1%
The country last year ranked fourth worldwide in the number of international patent applications filed under the Patent...
Domestic output, consumption, investment all rise in Feb.
Statistics Korea on March 31 said in a report that domestic production, consumption and investment in multiple sectors rose...
Soju exports eclipse USD 200M for first time in 2024
The Korea Customs Service on March 14 said exports of soju (clear liquor) last year rose 3.9% from...
Finance envoy stresses nation’s economic stability in NY visit
Ambassador for Financial Cooperation Choi Jong-ku held briefings during his March 10-14 visit to New York on promoting the...
Mongolia agrees to stronger bilateral cooperation in rare metals
The Ministry of Trade, Industry and Energy on March 12 in Seoul held the second meeting of the...
Gov’t to speed up removal of zombie companies
Financial Services Commission (FSC) Chairman Kim Byoung Hwan gives a congratulatory speech on Jan. 21 at a joint...
Beautiful result! Cosmetics exports hit record USD 10B in 2024
The Ministry of Food and Drug Safety on Jan. 6 said cosmetics exports last year set a record-high USD 10.2...
Training center for content industry opened in Indonesia
The Ministry of Culture, Sports and Tourism and Korea Creative Content Agency (KOCCA) on Sept. 6 opened a...
Exports from Jan. to May grew 10%, top 5 finish possible
Through May this year, Korea showed the highest export growth among the top 10 exporting countries thanks to brisk...
Korea called ‘growth superstar’ in evading ‘middle-income trap’
The World Bank calls the Korean economy a "growth superstar" in avoiding the middle-income trap. Shown is a bird's-eye view of Songdo International...
Nation’s product market regulation index hits OECD average
The country's product market regulation indicator has reached the average of the Organisation for Economic Co-operation and Development at 20th....
