The South Korean government is implementing new policies to strengthen the social safety net in 2024.
Key measures include tax debt relief for struggling business owners and expanded access to AI education and long-term care.
These initiatives are being rolled out nationwide, with applications open until December 31, 2028 for eligible programs.
South Korea is enhancing support for its athletes ahead of the 2026 Milan-Cortina Winter Olympics.
New measures include specialized training, on-site support, and expanded meal services for the national team.
The policy is active for the February 2026 Olympic Games, with preparations underway since January.
The ‘Geunyang Dream’ pilot program offers immediate food and essentials without income verification.
This initiative addresses gaps in traditional welfare by providing rapid, unconditional support.
As of January 2024, it operates in 107 locations and plans to expand to 300 by year-end.
South Korea has announced a comprehensive reform of the KS certification system to address evolving industrial needs.
The changes expand eligibility to design and development firms, strengthen enforcement, and introduce wind industry-specific measures.
The new policy was unveiled on February 4, 2026, and will be implemented in cooperation with relevant ministries.
South Korea’s government and leading corporations are collaborating to boost youth employment and regional investment.
Ten major conglomerates pledged 270 trillion KRW in local investments and increased hiring, with a focus on new graduates.
The initiatives and commitments were announced at a high-level meeting on February 4, 2026.
South Korea is implementing major economic reforms to drive inclusive growth and innovation.
Key changes include capital market tax relief, expanded startup support, and K-content production incentives.
These measures are being rolled out in 2026 with several programs already active.