The Ministry of Economy and Finance and the Ministry of Science and ICT will operate a permanent R&D budget council starting this year.
Of the total 2024 R&D budget of KRW 35.5 trillion, 85.3% (KRW 30.5 trillion) is allocated to major R&D projects.
Both ministries aim to improve expertise and fiscal efficiency by expanding cooperation in the budget allocation process.
Gov24 allows users to easily obtain five types of certificates for the 2025 year-end tax settlement until June 30.
The Ministry of the Interior and Safety has enhanced user convenience with various authentication methods, a dedicated portal, and a queue system.
Certificate issuance is free, but users should verify the official Gov24 website to avoid private agency fees.
The Ministry of Food and Drug Safety announced a five-year plan (2026–2030) to improve the drug side effect compensation system.
Compensation now covers outpatient treatment before and after hospitalization, and the maximum medical expense limit increases from 30 million to 50 million KRW.
Key strategies include simplifying application procedures, strengthening guidance for medical staff, and rationalizing system operations.
The Ministry of Climate, Energy and Environment and KEITI are significantly expanding Korea\’s green bond and green ABS issuance support in 2024.
The revised green taxonomy now covers next-generation low-carbon technologies and broadens funding for SMEs, including working capital.
Interest cost support is extended up to 3 years and KRW 300 million per company, with applications available via the Responsible Investment Platform.
The South Korean government has resumed its regular employment support program after two years, expanding eligibility to companies with fewer than 30 employees.
New policies for 2024 include the 10 a.m. parental start time and reduced working hours, offering financial support to both workers and employers.
Authorities plan to continue addressing labor market disparities and will review policy effectiveness for further improvements.
The Korean government, in cooperation with Cambodian police, arrested 26 members of a scam ring impersonating state agencies in Phnom Penh.
The group defrauded 165 Korean nationals of a total of ₩26.7 billion and committed sexual exploitation crimes against female victims.
Authorities plan swift extradition and strict punishment, while providing support and prevention measures for victims.