metaqsolSouth Korea has announced new measures to manage household debt and restrict mortgage extensions for multi-homeowners.
The government will limit household debt growth to 1.5% and prohibit mortgage maturity extensions in regulated areas.
These policies take effect from April 17, 2026, following a joint meeting of key financial agencies.
South Korea and Indonesia have established a Special Comprehensive Strategic Partnership.
This partnership includes 16 new MOUs covering trade, defense, technology, and cultural cooperation.
The agreement was formalized during a state visit on April 1, 2026.
South Korea is implementing policies to reduce private tutoring costs and strengthen public education.
Expanded after-school programs and targeted student support will be provided from 2027 to 2030.
The Ministry of Education announced these measures following a March 2025 survey analysis.
The Personal Information Protection Commission has overhauled Korea’s pseudonymized data processing guidelines.
Key changes include a standardized risk-based assessment system and reduced documentation requirements.
The revised guidelines were announced on March 31 and reflect recent AI and data environment changes.
South Korea is advancing specialized AI foundation models in medical and bio sectors.
Lunit and KAIST consortia have achieved high benchmark results and continue to receive GPU support.
The second phase of development runs from April 1 to September 9, 2024.
South Korea is advancing key policies on scientific infrastructure, disaster support, and lifelong education.
The Ochang Synchrotron Accelerator project faces delays, disaster support is clarified, and education vouchers are expanded.
As of 2024, government agencies are actively addressing implementation and eligibility issues.