[2026-03-31]Korea University Innovation Support Program 2026: AI and Digital Transition Funding

The Korean Ministry of Education announced the 2026 University and College Innovation Support Program, allocating KRW 1.38 trillion.
The initiative strengthens autonomous innovation, AI, and digital transition in higher education with performance-based funding.
The plan was unveiled on March 31, 2024, and targets 257 universities and colleges for the 2026 cycle.

[2026-03-31]South Korea’s Response to Naphtha Supply, New Town Compensation, and Voice Phishing

South Korea addresses concerns over naphtha supply, new town compensation delays, and rising voice phishing crimes.
The government confirms stable waste bag supply, accelerates Gwangmyeong-Siheung compensation, and promotes free anti-phishing apps.
Key measures are being implemented in 2024, with ongoing monitoring and public guidance.

[2026-03-31]South Korea Expands Social Support: Loans, Child Allowances, EV Battery Rules, and Safety Measures

South Korea has announced a series of policy expansions targeting social welfare, safety, and transparency.
Key changes include broader loan support for workers, increased child allowances, stricter EV battery disclosure, and urgent factory safety inspections.
Most measures are being implemented in 2024, with some phased in through 2030.

[2026-03-28]South Korea Hosts First Military Commanders Meeting Under New Administration

President Lee Jae-myung convened the first major military commanders meeting since the new administration began.
The meeting focused on strengthening national defense, autonomous military capabilities, and addressing current security threats.
Held on March 27, 2026, the event included over 150 key military and defense officials.

[2026-03-28]South Korea Strengthens Oil Reserve Management Amid Global Supply Risks

President Lee Jae-myung visited Korea National Oil Corporation’s Seosan facility to assess oil reserve management.
Key industry leaders discussed supply challenges and proposed improvements for crisis preparedness.
The review and consultations took place on March 26, 2026, reflecting urgent global supply concerns.

[2026-03-28]South Korea Strengthens G7 Cooperation on Global Governance and Critical Minerals

South Korea’s Foreign Minister participated in the first G7 Foreign Ministers’ Meeting in Yvelines, France.
Key topics included global governance reform, critical minerals supply chains, and international cooperation.
The meeting took place from March 26 to 27, 2024, with ongoing plans for strengthened collaboration.