South Korea is addressing supply chain disruptions for medical essentials caused by raw material shortages.
The government is prioritizing the supply of key materials and supporting manufacturers and distributors.
As of April 10, 2026, urgent actions and inter-agency coordination are underway.
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 announced comprehensive policy directions for SMEs focusing on innovation, regional growth, and fair competition.
Key changes include expanded R&D support, regional talent programs, and stronger protections against unfair practices.
The policies were presented on March 20, 2026, with implementation beginning in 2024 and new laws planned for the first half of the year.
South Korea held a policy dialogue to announce new directions for SME support.
Key changes include expanded R&D, regional talent programs, and fair market reforms.
The policies were presented on June 20, 2024, and are now being implemented.
The Ministry of Gender Equality and Family has expanded the income eligibility for government-supported childcare services to households earning up to 250% of the median income and raised the service fee by 5%.
Single-parent, grandparent, disabled, and teen parent families can now receive up to 1,080 hours of support per year, with the 2024 budget increased by 120.3 billion KRW.
From April, a national qualification system and registration for private providers will enhance the reliability and professionalism of childcare services.
The Ministry of Employment and Labor reorganized the task force for reducing actual working hours into an implementation monitoring team.
A total of KRW 936.3 billion will be invested this year in government support programs, including the Work-Life Balance+4.5 Project and smart factory expansion.
The team will strengthen on-site monitoring of the tripartite declaration, accelerating efforts to shorten working hours and improve work practices.