October 29 Economic Calendar

■Bank of Korea releases minutes of 19th Monetary Policy Committee in 2024, 16:00

The Bank of Korea will release the minutes of the Monetary Policy Direction Meeting of the Monetary Policy Committee held on the 11th.

The Monetary Policy Committee's first rate cut in 38 months and the possibility of further cuts are expected at the monetary policy direction meeting next month.

■National Assembly Strategy and Finance Committee, General Audit of the Ministry of Economy and Finance, 10:00

The National Assembly's Strategy and Finance Committee continues its comprehensive audit of the Ministry of Strategy and Finance.

It is expected that the ruling and opposition parties will continue to fight over the decision to inject 16 trillion won in extra funds to fill the tax deficit of 29.6 trillion won this year and the tax reform.

■The Ministry of Agriculture and Food holds a symposium on the future prospects of 2025 agri-food research and development, starting at 10:30 p.m., Seoul aT Center

The Ministry of Agriculture, Food and Rural Affairs will hold a 'Future Prospect Debate on Agricultural Food Research and Development' at aT Center in Yangjae-dong, Seocho-gu, Seoul.

We analyze domestic and foreign research trends and discuss development plans on synthetic biology, smart agriculture, and the food industry.

■ Agreement with the Ministry of Oceans and Fisheries on the establishment of an anti-drone system for trading ports with four port corporations

The Ministry of Maritime Affairs and Fisheries has signed an agreement with four port corporations to build a 'trade port anti-drone system' to prevent illegal drones from entering ports.

Among the four ports, Busan Port, Incheon Port, and Ulsan Port will complete the system construction by next year, and Yeosu Gwangyang Port by 2026.