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Household Loans, September 2024
In September 2024, the outstanding balance of household loans across all financial sectors rose KRW5.2 trillion (preliminary), growing at a slower pace compared with the previous month (up KRW9.7 trillion). * Change (in trillion KRW, m-o-m): +4.1 (Apr 2024), +5.3 (May), +4.2 (Jun), +5.2 (Jul), +9.7 (Aug), +5.2 (Sep)p (By Type) Home-backed mortgage loans rose KRW6.9 trillion, increasing at a slower pace compared with the previous month (up KRW8.5 trillion). Mortgage loans in the banking sector also rose at a slower pace from a month ago (up KRW8.2 trillion ¡æ up KRW6.2 trillion). Other types of loans declined in both the banking (up KRW1.1 trillion ¡æ down KRW0.5 trillion) and nonbanking (up KRW0.1 trillion ¡æ down KRW1.2 trillion) sectors.
2024.10.17
Economically Active Population Survey in September 2024
[Economically active population and labor force participation rate] ◦ The economically active population marked 29.464 million persons in September, which grew 105 thousand persons or 0.4 year-on-year. ◦ The labor force participation rate stood at 64.6 in September, remaining the same year-on-year.
2024.10.17
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Korea-Singapore Business Forum
- KCCI hosted ¡°Korea-Singapre Business Forum¡± in Singapore on October 8th... President Yoon Suk Yeol encouraged business leaders - 250+ participants from both countries, including Chung Eui-sun (Chairman of Hyundai Motor Group), Lee Jae-yong (Chairman of Samsung Electronics), Kim Dong-kwan (CEO of Hanwha Aerospace) - Singapore, ¡°High expectations for cooperation in high-tech industries, such as AI, hydrogen and digital trade¡±, Korea, ¡°Bolster bilateral cooperation focused on digital and future energy industries¡± - MOU on ¡ârenewable energy ¡ânext-generation power system ¡âautonomous driving ... KCCI will launch ¡°bilateral private-sector business cooperation committee¡±
2024.10.15
Korea-Lithuania Business Dialogue
- KCCI hosted the ¡°Korea-Lithuania Business Dialogue¡± in Vilnius, Lithuania on September 23rd - 50+ business leaders from both countries joined forces to enhance bilateral economic cooperation in biotech, energy and ICT industries - ¡°Hoping to win the high-tech war by cooperation between two small countries that grew into strong ones,¡± said Park Il-jun, Executive Vice Chairman of the Korea Chamber of Commerce and Industry
2024.10.04
Recent Events
Korea-US Trade Forum
2024 Foreign Chamber Day
Korea-Vietnam Business Forum