South Korea is advancing reforms in real estate project finance to ensure market stability.
Key measures include exposure reduction, improved delinquency rates, and regulatory upgrades.
Implementation is ongoing, with major milestones set for 2026 and 2027.
South Korea’s Ministry of Trade, Industry and Energy has approved 26 regulatory sandbox projects in AI and hydrogen energy.
These initiatives enable AI-based medical services and advanced hydrogen storage technologies under relaxed regulations.
The first round of approvals was granted on April 2, 2026, with implementation and further project recruitment planned.
The US government has reformed Section 232 tariffs for steel, aluminum, and copper products.
The new policy shifts from content value to full customs value for tariff calculation, easing administrative burdens.
Changes take effect from April 6, 2024, with ongoing industry consultations and a 90-day review planned.
Korea’s Personal Information Protection Commission is expanding MyData integration across all sectors.
The revised regulation enables consumers to securely manage and utilize their personal data beyond finance.
Implementation began with a stakeholder meeting on April 3, 2024, and ongoing support is planned.
The South Korean government is intensifying support for automotive export logistics in response to Middle East conflict risks.
Key measures include financial aid, customs facilitation, and expanded liquidity for affected exporters.
As of early April 2024, these policies are being rapidly implemented to address industry concerns.
South Korea is reforming national technical qualification eligibility to reduce barriers for youth and skilled workers.
Key changes include shortening required career periods and diversifying qualification pathways.
The Ministry of Employment and Labor began implementation discussions in April 2024.