[2026-03-03]South Korea’s Joint Response to Middle East Uncertainty: Financial Market Measures and SME Support

South Korea held a joint agency meeting to assess financial market impacts from Middle East geopolitical uncertainty.
Authorities discussed market volatility, support for vulnerable exporters, and coordinated response measures.
The meeting took place on March 3, 2026, ahead of the domestic market opening.

[2026-03-03]South Korea and Singapore Launch Strategic AI Alliance for Global Innovation

South Korea and Singapore have established a strategic AI alliance to foster international cooperation and innovation.
The alliance will drive joint research, startup investment, and talent exchange, aiming to strengthen both countries’ AI ecosystems.
Implementation began in March 2024, with new programs and MOUs already underway.

[2026-03-03]South Korea Tightens Risk Controls for Mutual Finance PF Loans and Capital Ratios

South Korea is revising mutual finance regulations to enhance risk management and financial stability.
Key changes include stricter PF loan limits, improved bad debt recovery standards, and higher capital ratio requirements.
The regulation change is open for public comment from March 3 to March 16, 2026, with phased implementation through 2034.

[2026-03-03]Korea’s Venture Support Policy Expands Regional Access and Growth Opportunities

Korea’s Financial Services Commission is removing barriers between venture incubation programs to strengthen regional support.
The policy aims to provide equal growth opportunities for startups regardless of location, with new funding and streamlined approval.
Implementation began in February 2024, with ongoing regional visits and further plans to be announced in March.

[2026-03-03]South Korea’s SaeChulBal Fund Expands Debt Relief and Recovery Support for Small Businesses

The SaeChulBal Fund provides debt relief and recovery support for small business owners and self-employed individuals in Korea.
Recent policy changes include expanded eligibility, increased incentives for early and diligent repayment, and broader program connections.
As of early 2026, new measures are being implemented, with significant increases in applications and agreements.

[2026-03-03]South Korea and Singapore Expand FTA and SMR Cooperation for Green Economy

South Korea and Singapore have agreed to expand cooperation in trade and nuclear energy.
Key changes include launching FTA improvement talks and signing an SMR cooperation MOU.
These initiatives were announced during President Lee Jae-myung’s state visit to Singapore in June 2024.