[2026-04-09]South Korea Strengthens Financial Support for Construction Industry Amid Middle East Crisis

South Korea convened a joint meeting to address financial difficulties facing construction firms due to the Middle East crisis.
The government is coordinating across ministries and financial institutions to ensure industry stability and minimize disruption.
As of April 8, 2026, new support measures and rapid policy responses are being implemented.

[2026-03-31]South Korea Raises Construction Worker Retirement Fund to Improve Welfare

South Korea has raised the daily retirement fund for construction day laborers.
The fund increases from KRW 6,500 to 8,700 to enhance worker welfare.
The new rate applies to construction projects bidding after April 1, 2024.