[2026-04-08]South Korea Unveils KF-21 Fighter: Impact, Timeline, and Defense Policy Insights

South Korea has unveiled the KF-21, its domestically developed next-generation supersonic fighter jet.
This marks a major shift in defense policy, replacing aging aircraft and boosting technological sovereignty.
The KF-21 will be operationally deployed to the Air Force in September 2024.

[2026-04-08]2026 Royal Culture Festival Expands Inclusive Heritage Programs in Seoul Palaces

The 2026 Royal Culture Festival will be held across Seoul’s five major palaces and Jongmyo from April 25 to May 3.
This year’s festival expands foreigner participation, multilingual services, and inclusive programs for children, seniors, and marginalized groups.
The festival opens with a ceremony on April 24 and features diverse performances, hands-on experiences, and special exhibitions.

[2026-04-08]Innovative Use of Marine Pest Species in Functional Textiles: Korea’s NET Policy Impact

Korea’s policy supports the transformation of marine pest species into functional textile materials.
This initiative reduces environmental damage and boosts durability in public sector clothing.
Coolbears received NET certification in 2025 and is preparing for commercial production.

[2026-04-07]South Korea Expands Urban Public Housing Incentives and Accelerates Land Development

South Korea has approved amendments to the Public Housing Special Act to stimulate urban housing and public land development.
Key changes include expanded incentives for urban projects and streamlined processes for public land supply.
The revised regulations were approved on June 6, 2024, as a follow-up to the government’s September 2023 housing supply plan.

[2026-04-07]South Korea Considers Extension of Capital Gains Tax Relief for Multi-Home Owners

President Lee Jae-myung has proposed extending capital gains tax relief for multi-home owners.
The extension would allow applications submitted by May 9 to be considered, easing restrictions for sellers.
Regulatory changes are under review, with implementation expected soon.

[2026-04-07]South Korea’s High Oil Price Relief Package: Support Details and Eligibility Explained

The South Korean government has announced a 26.2 trillion won supplementary budget to ease the burden of high oil prices.
Key measures include direct payments to low-income households, expanded energy vouchers, and increased K-Pass refunds.
Implementation will proceed in two phases, with details finalized by an interagency task force.