President Lee Jae-myung has announced major policy shifts to promote regional growth and enhance consumer protections.
New incentives and regulatory measures will target illegal spam, rental fraud, and collective consumer harm.
These initiatives were discussed and directed for accelerated implementation in February 2026.
South Korea has announced revisions to ambulance regulations to improve patient transport safety and oversight.
Key changes include mandatory real-time record submission, increased fees, and stricter staffing and vehicle standards.
The proposed amendments are open for public comment until March 18, 2026.
The Korean government will significantly expand infrastructure support for advanced strategic industry clusters, especially in regions distant from the Seoul metropolitan area.
National funding limits for infrastructure costs will be doubled for companies investing in these provincial clusters.
The new measures were discussed at a joint policy meeting on February 6, 2024, with implementation expected after further approvals in the first half of the year.
South Korea is intensifying efforts to prevent the misuse of virtual assets in cross-border crimes and illegal fund flows.
Key changes include enhanced monitoring of crypto transactions and proposed amendments to the Foreign Exchange Transactions Act.
A joint policy seminar was held on February 5, 2026, to discuss regulatory improvements and expert recommendations.
The Korea Customs Service has announced the Export PLUS+ Strategy to strengthen export competitiveness in advanced and promising industries.
Key changes include regulatory innovation for bonded processing exports and the launch of dedicated support teams for sectors like semiconductors, bio, and MRO.
The strategy was presented on February 5, 2024, with implementation planned within the first quarter.
The Korean Tax Tribunal released three major decisions for Q4 2025 affecting housing and taxpayer rights.
These rulings clarify VAT exemptions, tax investigation procedures, and acquisition tax obligations.
The decisions were announced in late 2025 and are now publicly accessible.