Month: March 2026

[2026-03-22]South Korea’s Agriculture Ministry Responds to Middle East Crisis Impact on Farming Sector

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The Ministry of Agriculture, Food and Rural Affairs held a meeting to assess the impact of Middle East instability on Korea’s farming and related industries.
Key industry stakeholders discussed rising costs and supply chain disruptions, prompting government plans for proactive support and monitoring.
The meeting took place on March 20, 2024, with ongoing actions to mitigate risks and stabilize the sector.

[2026-03-22]K-BIC Venture Cafe Boosts Biohealth Startup Competitiveness Through Global Collaboration

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The K-BIC Venture Cafe aims to enhance the competitiveness of Korean biohealth startups through targeted networking and collaboration.
New directions for 2026 focus on global partnerships, investment cooperation, and multi-institutional networking.
The first 2026 meeting was held on March 20, 2024, with ongoing events planned throughout the year.

[2026-03-22]Yeosu Petrochemical Industry Restructuring: High-Value Transition and Government Support

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South Korea has launched a major restructuring of the Yeosu petrochemical industry to boost competitiveness.
Key companies submitted the final business restructuring plan, aiming for a shift to high-value products.
The plan was submitted on March 20, 2026, and government review is underway.

[2026-03-22]South Korea Extends Facial Recognition Pilot for Mobile Phone Identity Verification

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The Ministry of Science and ICT has extended the pilot program using facial recognition for mobile phone identity verification.
This initiative aims to prevent fraudulent phone activations, particularly those linked to voice phishing crimes.
The pilot period now continues until June 30, 2024, with industry feedback influencing the extension.

[2026-03-22]South Korea Streamlines Adoption Process with New Online Application System

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South Korea is overhauling its adoption process to improve efficiency and accessibility.
Key changes include an online application system and expanded education sessions for prospective adoptive parents.
The new measures take effect starting April, with further enhancements planned.

[2026-03-22]South Korea Reviews Welfare Policy After Ulsan Family Tragedy for Improved Crisis Support

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The Ministry of Health and Welfare is reviewing welfare policy after a family tragedy in Ulsan.
Key changes include allowing public officials to apply for benefits on behalf of at-risk individuals without prior consent.
The government is actively considering legal amendments and enhanced case management as of March 2026.