Weekly Economic Bulletin
Ministry of Strategy & Finance - Financial Services Commission - Bank of Korea
May 3, 2010
MAJOR NEWS AND EVENTS
[MOSF] Minister YOON to Attend the ASEAN+3 Finance Ministers’ Meeting (April 30)
Minister of Strategy and Finance YOON Jeung-hyun will attend the trilateral finance ministers’ meeting among China, Japan and Korea, the ASEAN+3 Finance Ministers’ Meeting, and the 43rd Annual Meeting of the Asian Development Bank, held in Tashkent, Uzbekistan, from May 2 through 4. More
[MOSF] Industrial Activities, March and the 1st Quarter of 2010 (April 30)
Industrial Production in March increased 1.6 percent month-on-month, and 22.1 percent year-on-year. For details and figures of the index…… More
[MOSF] Monthly Issuance of KTBs to Be Decreased from May (April 29)
Monthly issuance of Korea Treasury Bonds (KTBs) will be 5.5 trillion won from May, 5 trillion won through competitive biddings and 0.5 trillion won through conversion offers, a decrease compared with the previous months of 2010 during which there was a surging demand for KTBs. More
[MOSF] 14th Crisis Management Meeting (April 28)
At the 14th meeting, Minister of Strategy and Finance YOON Jeung-hyun discussed Chungcheongnamdo’s policies to invite investment and promote regional development, stressing the importance of a municipality as a basic economic unit of the Korean economy and of its cooperation with the central government. He also mentioned the country’s great potential to become a medical tourism leader, given the advances in the medical technology, and suggested medical tourism as a possible growth engine for a municipality. More
[MOSF] 2011 Budgeting Guidelines Directed towards Fiscal Soundness (April 27)
The 2011 guidelines are directed towards early recovery of fiscal soundness and post crisis economic take-off.
For detailed guidelines on fiscal management and financial resources allocation…… More
[BOK] Sunset of the Temporary Won-Yen Swap Increase between BOK and BOJ (April 30) The temporary Won-Yen swap increase arranged between BOK and BOJ expired as of April 30, 2010. More [BOK] 15th issue of Financial Stability Report (April 30)
The Bank of Korea issued the 15th Financial Stability Report. More
[BOK] Monetary Stabilization Bonds' Primary Market System Improved (April 29)
The Bank of Korea improved the method of determining the bid amount for MSB issuance. For details of the major modification…… More
[BOK] Balance of Payments, March 2010 (April 28)
The current account surplus in March 2010 widened to 1.69 billion dollars from the previous month's 0.17 billion dollars, as the good account surplus widened remarkably, while the income account shifted from a surplus to a deficit. The capital and financial account in March 2010 registered a net inflow of 1.12 billion dollars, up from the previous month's net inflow of 0.25 billion dollars
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More[BOK] Real Gross Domestic Product, 1st Quarter of 2010 (April 27)
Real gross domestic product (chained volume measure of GDP) increased by 1.8 percent in the first quarter of 2010 compared with the previous quarter. More
[MOSF]
Communiqué of the Trilateral Finance Ministers’ Meeting among China, Japan and Korea (Release Date: May 2)
Communiqué of the ASEAN+3 Finance Ministers’ Meeting (Release Date: May 2)
Consumer Price Index, April 2010 (Release Date: May 3)
Communiqué of the 43rd Annual Meeting of the Asian Development Bank (Release Date: May 3)
Current Economic Situation, May 2010 (Release Date: May 6)
[BOK]
Official Foreign Reserves, April 2010 (Release Date: May 4)
Each institution is responsible for the information it provides in the bulletin.
ANNOUNCEMENT ON UPCOMING RELEASES
For further inquiries:
Ministry of Strategy and Finance (http://english.mosf.go.kr/) : Kim, Young Min youngkim@mosf.go.kr +822 2150 2450 Financial Services Commission (http://www.fsc.go.kr/eng/): Lee, J. Ernst happyhero@korea.kr +822 2156 9582 Bank of Korea (http://www.bok.or.kr/eng/engMain.action) : Kim, Seong seongkim@bok.or.kr +822 759 4028
