The Korean government is advancing solar energy support with a focus on domestic industry.
Agricultural supply chains remain stable despite Middle East uncertainties.
April 2024 brings new VAT reporting requirements for media content creators.
Korea’s rural basic income pilot provides monthly income to residents to stimulate local economies.
The program has increased sales, strengthened community ties, and encouraged local consumption.
After 40 days of implementation in Namhae, positive changes and challenges are emerging.
The Korean government has introduced several new policies to enhance public safety, healthcare, and social welfare.
Key changes include a national childcare hotline, expanded rare disease centers, stricter drug driving laws, and improved product safety.
Most measures are already in effect, with some programs accepting applications and others under phased implementation.
The South Korean government convened an emergency economic headquarters meeting to address the prolonged Middle East conflict’s effects.
Key measures include supply chain monitoring, energy conservation, expanded financial support, and enhanced welfare for vulnerable groups.
Actions are underway as of April 8, 2026, with immediate and ongoing implementation across ministries.
The Ministry of Employment and Labor has issued new guidelines to eliminate unpaid labor and prevent wage abuse.
Employers must now ensure that actual working hours are accurately compensated, even under fixed overtime agreements.
The guidelines took effect on June 9, 2024, with further legislative changes pending in the National Assembly.
South Korea has proposed a 26.2 trillion won emergency budget to address industrial risks from the Middle East conflict.
Key measures include expanded export support, energy transition funding, and supply chain stabilization.
The budget is under review and expected to be processed by the National Assembly on April 10.