The Financial Services Commission is revising savings bank regulations to diversify lending beyond real estate.
Key changes include expanding lending to mid-sized companies and small business owners, and updating risk management standards.
The reform plan was discussed on February 23, 2026, with implementation steps underway.
South Korea has announced its first comprehensive plan to improve health and medical access for people with disabilities.
The plan includes integrated disability-friendly hospitals and expansion of health checkup institutions.
Implementation will occur from 2026 to 2030, with annual progress reviews and a mid-term evaluation in 2027.
Wando County in Korea is the primary producer of abalone, a prized seafood known for its health benefits.
Recent improvements in feed supply and aquaculture have enhanced abalone quality and availability.
As of 2023, Wando produces 74% of Korea’s abalone, with peak season from April to June.
Korea concluded the 2026 Milan-Cortina Winter Olympics with notable athletic and cultural achievements.
The event marked a historic dual-city hosting and showcased Korea’s rising influence in both sports and diplomacy.
Preparations are underway for the 2026 Paralympics and the 2030 Winter Olympics in France.
South Korea’s Ministry of Food and Drug Safety is conducting joint inspections of meat processors supplying school meals.
The number of inspected meat processors has doubled, reflecting increased demand and safety concerns.
Inspections are scheduled from February 23 to March 6, 2024.
Korea has launched the Super Innovation Economy Task Force to drive 15 leading projects.
This initiative aims to enhance economic growth through advanced industries and public-private cooperation.
The task force was reorganized and began operations in June 2024.