The Ministry of Culture, Sports and Tourism has selected 27 tourism festivals for 2026–2027.
Government funding per festival increased to 40 million KRW, and the overall budget rose from 6.5 to 10.4 billion KRW, focusing on global festivals.
These initiatives aim to boost regional tourism and attract both domestic and international visitors through K-Culture experiences.
On January 23, President Lee Jae-myung emphasized that regional decentralization and balanced growth are now national survival strategies during a town hall meeting in Ulsan.
He discussed shifting from a single-capital system to a ‘5 regions, 3 special zones’ structure and highlighted Ulsan’s role in manufacturing and AI transformation.
President Lee also visited a traditional market, engaging with merchants and calling for public support on economic, industrial safety, and regional development issues.
On June 23, the Ministry of the Interior and Safety signed an agreement with 10 major administrative and public agencies to boost the Public MyData service for businesses.
This service reduces the burden of submitting required documents for administrative and financial services, allowing companies to access over 70 types of administrative data online in real time.
In 2024, the service is being expanded to the financial sector and further supports business administration and management.
The Ministry of Science and ICT (MSIT) is boosting its 2024 budget for public research commercialization and academia-industry cooperation to 487.93 billion KRW, an 88.7% increase from last year.
Key programs such as support for public research commercialization and startup assistance, as well as academia-industry cooperation, will receive 93.05 billion KRW and 56.93 billion KRW respectively.
With new project announcements and diversified support, the spread of research results to the market and technology commercialization are expected to accelerate.
The Ministry of Culture, Sports and Tourism is creating a 731.8 billion KRW content policy fund to accelerate the K-Culture 300 trillion KRW era.
This is the largest fund ever, up 22% from last year, including 650 billion KRW for culture and 81.8 billion KRW for film across five sub-funds.
By expanding incentives for private investors and focusing on new growth areas, the initiative aims to ensure stable growth and global competitiveness for Korea’s content industry.
Teachers in Korea can no longer receive school complaints via personal contacts or SNS; only official school channels are allowed.
On June 22, 2024, the Ministry of Education announced comprehensive measures in Daejeon, including stricter penalties for malicious complaints and a unified complaint system.
These policies aim to shift complaint handling and teacher protection to the institutional level, enhancing school environments through central and regional cooperation.