Korea Business Review · Section
POLICY INSIGHT
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FUNDING & SUPPORT
7 Hidden Conditions Companies Must Check Before Applying for Policy Funds
The main reasons for policy fund screening rejections and subsequent clawbacks are not interest rates or limits, but detailed conditions such as business operating period criteria, overlapping benefit restrictions, and usage limitations. Employment maintenance obligations, collateral and guarantee structures, and budget depletion are core conditions that directly affect companies even after funds are received. Prior consultation with the responsible institution and a thorough review of the full announcement document before application are the most realistic ways to prevent rejections and clawbacks.
류현진 선임기자 · 05/27/2026
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INDUSTRY & ECONOMIC POLICY
Official Projection of Growth Exceeding 2% — The Day Semiconductor Exports Hit $8.5 Billion and KOSPI Surpassed 7,800
KBR 편집부 · 05/12/2026
REGULATION & LEGISLATION
End of a 4-Year Grace Period, 'Multi-Homeowner Tax Bomb' Reignited: The Reality of the Triple Real Estate Regulation Restructuring
KBR 편집부 · 05/12/2026
FUNDING & SUPPORT
13 Trillion Won Released in May: A Comprehensive Guide to Policy Funds for SMEs, Small Businesses, and Startups to Apply for Now
박소유 기자 · 05/06/2026
REGULATION & LEGISLATION
Era of AI Regulatory Collision: The Intersection of the Finalization of EU AI Act Technical Standards and the 100th Day of South Korea's AI Basic Act Enforcement
KBR 편집부 · 04/29/2026
REGULATION & LEGISLATION
Major Tobacco Act Reform After 37 Years: The End of the 'Synthetic Nicotine' Era and a New Regulatory Order
Starting April 24, synthetic nicotine liquid e-cigarettes are classified as legal tobacco products, making such scenes subject to enforcement in non-smoking areas indoors. What Changes Starting Today, April 24, 2026. Beginning today, South Korea's tobacco regulation landscape changes fundamentally.
최수진 기자 · 04/24/2026
INDUSTRY & ECONOMIC POLICY
Complete Overhaul of Regulations in 28 Years: Reshaping Korea's Industrial Landscape Through 'Mega-Special Zones'
A future where robots, wind power, and drones coexist in a single city. The government has set out to make this a reality through four mega-special zones. [Image = AI-generated image] Comprehensive overhaul of the regulatory framework for the first time in 28 years marks the largest-scale restructuring of South Korea's regulatory governance system in over a quarter-century.
강지혜 기자 · 04/17/2026
FUNDING & SUPPORT
Ministry of SMEs and Startups Confirms Extra Budget of KRW 1.69 Trillion… Full-Scale Execution Begins for 'Everyone's Startup', Small Merchants, and Export SMEs
Extra budget confirmed, now it is 'time for execution'. The Ministry of SMEs and Startups (MSS) announced that the first supplementary budget for 2026 has been finalized at a total of KRW 1.6903 trillion following its passage at the plenary session of the National Assembly on April 10. This supplementary budget was prepared to address growing external economic uncertainties and a rapidly changing industrial structure, focusing on minimizing damage to export SMEs, AI transformation for regional small and medium-sized manufacturers, and creating a startup ecosystem for youth job creation.
이지영 기자 · 04/17/2026
INDUSTRY & ECONOMIC POLICY
Major Electricity Tariff Overhaul After 49 Years: 'Time-of-Use' Pricing System to Reshape Korea's Industrial Landscape
Inside a domestic manufacturing plant office piled with electricity bills and energy cost analysis data. [Photo = Korea Business Review DB] Ahead of the full implementation of the time-of-use pricing system, companies are redesigning production schedules and reviewing cost structures. Background of the policy shift: Why now? The Ministry of Climate, Energy and Environment and the Korea Electric Power Corporation officially announced on the 14th that the 'seasonal and time-of-use electricity tariff reform plan' will take full effect starting on the 16th.
류현진 기자 · 04/15/2026
FUNDING & SUPPORT
Ministry of SMEs and Startups Supplementary Budget of KRW 1.69 Trillion Passes National Assembly… Total Focus on Exports, Small Merchants, Startups, and AI Transformation
During the second week of April (10th–13th), the policy financing landscape for small and medium-sized enterprises (SMEs) and startups was abuzz. The core driver was the passage of the Ministry of SMEs and Startups' 2026 1st supplementary budget through the plenary session of the National Assembly, finalizing a total budget of KRW 1,690.3 billion.
이우리 기자 · 04/13/2026
