[2025-12-19]Government Adjusts Foreign Exchange Soundness Measures to Boost Foreign Currency Inflows

The government has decided to flexibly adjust foreign exchange soundness measures to address structural supply-demand imbalances in the forex market.
Included are temporary relief from advanced foreign currency liquidity stress tests, relaxed futures foreign exchange position rules, and expanded permission for won-purpose foreign currency loans.
It also plans to boost foreign investment through enhanced foreign investor unified accounts and clearer professional investor status for overseas-listed foreign firms.

[2025-12-19]Revised Penalty Fee Standards for Restaurants and Wedding Venues Now in Effect

The Fair Trade Commission has revised and implemented new standards for penalty fees related to restaurant no-shows and wedding venue cancellations.
The penalty cap is set at 40% of total cost for reservation-based restaurants and 20% for general restaurants, with wedding venue penalties tiered up to 70% based on cancellation timing.
Standards for lodging, travel, and other sectors have also been updated, including new dispute resolution criteria for study cafes.

[2025-12-19]Special Measures for Social Disaster Preparedness Introduced

The ‘Social Disaster Management Act’ aims to strengthen prevention, preparation, response, and recovery systems for large-scale disasters.
It includes provisions for special preventive measures in high-risk areas, establishment of early warning systems, and authority for emergency actions like crowd dispersal.
The law also enhances integrated response mechanisms and improves existing disaster management regulations.

[2025-12-19]Defense Ministry Pushes to Rebuild ‘People’s Military’ and Foster Smart Armed Forces

The Defense Ministry is advancing reforms to strengthen democratic control and reorganize military intelligence agencies to rebuild a ‘people’s military’.
It plans to enhance the Korea-specific three-axis system, train 500,000 drone operators, and build nuclear-powered submarines based on advanced technologies.
Key issues such as wartime operational control transfer, return of U.S. military bases, and restoration of the 9·19 military agreement are also being pursued.

[2025-12-19]Government Announces AI Bio National Strategy to Accelerate Drug Development

The government plans to accelerate research innovation in five key areas including drug development and brain aging by building an AI bio ecosystem.
The Ministry of Science and ICT has approved the ‘AI Bio National Strategy,’ focusing on integrated investment in AI models, data, and infrastructure.
It aims to secure over 7 million bio-data entries by 2030 and establish high-performance computing infrastructure for safe and efficient data utilization.