Team Korea held a ceremony in Seoul to boost morale ahead of the 2026 Milan-Cortina Winter Olympics.
With 71 athletes and 59 officials, Korea aims for a top 10 overall finish, focusing on strong events like short track and figure skating.
Government support, scientific analysis, and local adaptation measures are expected to enhance the team’s performance.
The Korean government is implementing a full-cycle resource circulation policy, including reducing single-use items, expanding recycling, and managing future waste resources.
The Ministry of Climate, Energy and Environment unveiled new initiatives at the 2025 Korea Circular Economy Festival, such as exhibiting remanufactured EV battery packs.
Long-term national strategies and technological innovation aim to transition toward a sustainable circular economy society.
As the year-end tax settlement season begins, the National Tax Service is highlighting tax deductions and reliefs that are often overlooked.
Young workers, seniors over 60, people with disabilities, and career-interrupted employees can receive up to 90% income tax relief and various deductions.
From March 14, 2025, career-interrupted men are also eligible for relief, and it is important to check all possible deductions such as donations and monthly rent.
From February 1, individuals can open a living expense account with up to 2.5 million KRW protected from seizure, and the ‘OnMyData’ platform now enables integrated personal data management.
Early wildfire prevention, expanded cold wave AI alerts for seniors, and special safety inspections for coastal ferries enhance public safety measures.
Policies include public disclosure of wage arrears employers, recovery of advance child support payments, and increased government support for greenhouse gas reduction loans.
The Ministry of the Interior and Safety clarified that reports of a 100 trillion won tax transfer to local governments before the local elections are untrue.
Increases in local allocation and consumption tax rates are ongoing national policy priorities, with details still under inter-ministerial discussion.
A new casebook summarizing four years of active administration has been published for both citizens and public officials.
From 2025, Korean residents who held offshore trusts even for a day must submit trust details to the National Tax Service.
The reporting system, introduced by a 2023 law revision, imposes a 10% penalty on undeclared trust assets.
The NTS will encourage voluntary compliance and strictly penalize non-reporting individuals.