South Korea addresses concerns over naphtha supply, new town compensation delays, and rising voice phishing crimes.
The government confirms stable waste bag supply, accelerates Gwangmyeong-Siheung compensation, and promotes free anti-phishing apps.
Key measures are being implemented in 2024, with ongoing monitoring and public guidance.
South Korea has announced a series of policy expansions targeting social welfare, safety, and transparency.
Key changes include broader loan support for workers, increased child allowances, stricter EV battery disclosure, and urgent factory safety inspections.
Most measures are being implemented in 2024, with some phased in through 2030.
South Korea has adopted emergency economic measures in response to the ongoing global energy crisis.
Key actions include public sector vehicle restrictions and enhanced energy-saving initiatives.
These policies are being implemented from March 27, 2026, with immediate government oversight.
South Korea has approved major reforms to its national drug pricing and insurance system.
Key measures include shortening new drug listing times and reducing generic drug prices.
The changes were decided at the 6th Health Insurance Policy Deliberation Committee on March 26, 2026.
South Korea is enhancing support for veterans and families of the West Sea Defense heroes.
New measures include monthly living support for spouses and expanded medical access.
These changes begin in May 2026, with further expansions planned through 2030.
Korea’s business succession policy offers significant tax relief for family-owned restaurants passing ownership to the next generation.
Eligible businesses can reduce or eliminate inheritance and gift taxes by meeting specific legal requirements.
The policy is currently active, with practical guidance available for owners planning succession.