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.
South Korea and Indonesia have established a Special Comprehensive Strategic Partnership.
This partnership includes 16 new MOUs covering trade, defense, technology, and cultural cooperation.
The agreement was formalized during a state visit on April 1, 2026.
South Korea is implementing policies to reduce private tutoring costs and strengthen public education.
Expanded after-school programs and targeted student support will be provided from 2027 to 2030.
The Ministry of Education announced these measures following a March 2025 survey analysis.
South Korea is implementing a comprehensive insurance premium relief package for working parents.
The policy offers discounts, payment deferrals, and loan interest relief to ease financial burdens.
The measures take effect from April 1, 2024, across all insurance companies.
South Korea has launched a comprehensive plan for Dokdo’s sustainable use through 2030.
Key changes include expanded scientific research, improved safety, and enhanced accessibility.
The plan was confirmed in March 2026 and implementation begins this year.
The Personal Information Protection Commission has overhauled Korea’s pseudonymized data processing guidelines.
Key changes include a standardized risk-based assessment system and reduced documentation requirements.
The revised guidelines were announced on March 31 and reflect recent AI and data environment changes.