South Korea is implementing a comprehensive insurance premium relief package for working parents.
The policy offers discounts, payment deferrals, and loan interest relief to ease financial burdens.
The measures take effect from April 1, 2024, across all insurance companies.
South Korea has launched a comprehensive plan for Dokdo’s sustainable use through 2030.
Key changes include expanded scientific research, improved safety, and enhanced accessibility.
The plan was confirmed in March 2026 and implementation begins this year.
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.
The South Korean government has introduced a KRW 26.2 trillion supplementary budget for 2026.
This policy aims to ease high oil price burdens, support vulnerable groups, and stabilize affected industries.
The budget was approved on March 31, 2026, and submitted to the National Assembly for implementation.
The Ministry of Trade, Industry and Energy conducted a joint inspection of gas stations following rapid fuel price increases.
This action targets stations that raised prices sharply after the second fuel price cap was implemented.
The inspection took place on June 30, 2024, and aims to ensure compliance and protect consumers.