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[2025-12-16]Incheon Bridge Toll Reduced by 63%

Starting at midnight on the 18th, the toll for Incheon Bridge will be reduced by 63%.
The Ministry of Land, Infrastructure and Transport announced an agreement with Incheon Bridge Co. to lower the toll.
This reduction is expected to save commuters 1.72 million won annually.

[2025-12-16]Government to Invest 150 Trillion Won in Advanced Industries

The government plans to operate the National Growth Fund, investing 150 trillion won in advanced industries over the next five years.
Next year, more than 30 trillion won will be managed to support advanced strategic industries, venture innovation companies, scale-ups, and regional growth.
Announced at the Industrial Competitiveness Enhancement Ministers’ Meeting, this plan targets various advanced industries such as semiconductors, secondary batteries, and vaccines.

[2025-12-16]Korea-UK FTA Improvement Agreement Reached

South Korea and the UK have reached an agreement to improve their Free Trade Agreement (FTA).
The agreement includes easing origin standards for key exports like automobiles and K-food, and opening up the UK high-speed rail and service markets.
The deal also introduces new trade norms such as digital trade regulations and supply chain cooperation, expected to strengthen economic ties between the two countries.

[2025-12-16]Ministry to Promote Heat Pumps for Greenhouse Gas Reduction

The Ministry of Climate, Energy, and Environment plans to support 3.5 million heat pumps by 2035 to reduce 5.18 million tons of greenhouse gases.
Priority will be given to areas without city gas, social welfare facilities, and facility farms.
Heat pumps are eco-friendly devices that can replace fossil fuel heating, and the ministry will support the development of various types of heat pumps.

[2025-12-16]Amendments to Employment Insurance Act Approved in Cabinet Meeting

The Ministry of Employment and Labor announced on the 16th that the amendments to the Employment Insurance Act and the Employment and Industrial Accident Insurance Premium Collection Act were approved in the cabinet meeting.
The payment period for substitute workers for parental leave will be extended by up to one month, and the subsidy will be paid in full for the duration of the substitute worker’s employment.
Due to the increase in the minimum wage next year, the maximum amount of job-seeking benefits will rise to 68,100 won per day.

[2025-12-16]Plastic Toys to be Recycled from Next Year

The Ministry of Climate, Energy, and Environment announced an amendment to the enforcement decree to include plastic toys in the Extended Producer Responsibility (EPR) system.
The recycling cost for toys is set at 343 won per kg, and general plastic toys can be separated and disposed of like other plastic items.
Toys that are electrical or electronic must be disposed of through dedicated small appliance collection bins or municipal electronic product recovery systems.