South Korea has issued a ‘resource security crisis’ alert and strengthened energy-saving measures nationwide.
The government is shifting from a vehicle 5-day rotation to a stricter odd-even system for public institutions.
These changes take effect from April 8, 2026, in response to ongoing supply risks.
South Korea has launched a comprehensive startup policy to shift the national growth paradigm from employment to entrepreneurship.
The government will support 5,000 entrepreneurs with funding, mentorship, and ecosystem reforms, focusing on tech and local startups.
Applications for the Modoo Startup Project are open from March 26 to May 15, 2026.
South Korea has proposed a 26.2 trillion won supplementary budget for 2026 to address the ongoing Middle East conflict’s economic impacts.
Key measures include targeted support for vulnerable groups, energy security, and investment in startups and supply chains.
The budget is currently under review in the National Assembly, with rapid approval requested for timely implementation.
The Korean government has announced a comprehensive policy to support pharmaceutical and bio ventures through the 4UP strategy.
This initiative aims to address funding gaps, accelerate new drug development, and enhance global market competitiveness.
The policy was unveiled on March 24, 2024, and is now being implemented through joint ministerial collaboration.
South Korea has raised its resource security crisis alerts for oil and natural gas in response to the ongoing Middle East conflict.
The government upgraded oil from ‘Caution’ to ‘Warning’ and gas from ‘Interest’ to ‘Caution’, effective April 2.
Supply disruptions and volatility have prompted strengthened management and public sector measures.
South Korea has announced new measures to manage household debt and restrict mortgage extensions for multi-homeowners.
The government will limit household debt growth to 1.5% and prohibit mortgage maturity extensions in regulated areas.
These policies take effect from April 17, 2026, following a joint meeting of key financial agencies.