Sokcho City, the Ministry of SMEs and Startups, and Korea SMEs and Startups Agency have launched new savings programs for SME employees.
These initiatives aim to boost long-term employment and asset formation, strengthening the local economy.
The programs begin in April 2024, with phased support over three years.
South Korea completed a nationwide safety survey for 15,961 three-year-old children raised at home.
All children were confirmed safe, with 2,808 families receiving welfare service support.
The survey was finalized in 2025, with the next round planned for October 2024.
Korea Customs Service is implementing an origin verification support program for small and medium exporters to the US.
The initiative strengthens origin management capabilities to address changing trade environments and US customs policies.
Applications are open from February 9 to 20, 2026, with consulting provided through June.
The Ministry of SMEs and Startups released the 2025 Women-Owned Business Survey results.
Average sales and net profit for women-led companies rose significantly, with new policy needs identified.
Findings will inform future support programs and FemTech initiatives, with ongoing implementation in 2025.
South Korea is implementing stricter driving laws in 2024 to enhance road safety.
Key changes include harsher penalties for drug and alcohol offenses and practical license reforms.
Major updates take effect in April and October 2024.
Korea’s housing lease law grants tenants a one-time lease renewal claim right.
Recontracting with significant changes resets the renewal claim eligibility.
Recent court cases clarify how and when these rights can be exercised.