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South Korea’s Ministry of SMEs and Startups announced that 62,000 people applied for the national ‘Everyone’s Startup’ program, the highest turnout on record
The Nuclear Safety and Security Commission held its seventh session of 2026, reviewing key reactor safety matters
The presidential spokesperson confirmed that a Korean activist detained by Israel after its seizure of a Gaza-bound aid ship had been promptly released, with the government expressing firm regret over the incident

On the first anniversary of South Korea’s Lee Jae-myung administration (May 2026), three major economic milestones emerged from official government RSS feeds
GDP growth rebounded and the KOSPI stock index entered the 7,000-point range for the first time
Korea’s cosmetics trade surplus surpassed $10 billion, making it the world’s second-largest cosmetics exporter
The government also tightened protections for small business tenants’ key money rights when building ownership changes

Korea’s early summer domestic travel market in 2026 is seeing bookings accelerate by 1–3 weeks earlier than prior years.
Premium weekend accommodations in Gangwon, South Jeolla, and South Gyeongsang are filling fast as overseas travel costs remain high.
This guide covers the hottest regions, 2026 travel trends, and smart booking strategies for weekend trips.

On May 21, 2026, South Korea simultaneously held three international events: a 30-nation cyber deterrence meeting in Seoul, the 8th Korea-Pacific Islands Senior Officials Meeting in Fiji, and a youth overseas employment conference involving 17 missions abroad.
Korea confirmed its contribution to the Pacific Resilience Facility (PRF) and discussed joint cyber response strategies with likeminded nations.
Approximately 7,700 Korean youth were supported in overseas employment in 2025, with a focus on quality jobs and safety in 2026.

On May 21, 2026, South Korea announced three significant domestic policy updates.
Apartment management fee fraud will now face criminal penalties of up to two years in prison.
The Ministry of Science and ICT pre-notified a revision to the AI Basic Act Enforcement Decree, defining risk-based obligations for AI providers.
The SME Ministry is switching its credit-vulnerable small business fund from first-come-first-served to a needs-based assessment model.

South Korea’s 22nd Cabinet Meeting on May 20, 2026 promulgated the Disability Rights Guarantee Act, requiring five-year policy plans and mandatory annual implementation across all agencies.
The income cap for the advance child-support payment scheme for single-parent households will be eliminated from October 2026, extending benefits to an estimated additional 8,000 households.
KRW 340 billion in R&D commercialization financing was also approved to support SMEs bringing national research outputs to market.