Budget Office, Finance Ministry Review Conditions for 2027 Budget, Keep Expansionary Fiscal Stance The government plans to maintain an expansionary fiscal stance as external economic uncertainty grows, including the war in the Middle East, to cushion spillover effects on the real economy. Officials also agreed that sustained, proactive fiscal policy will be important to address structural challenges such as an industrial shift driven by artificial intelligence and demographic change. The Ministry of Planning and Budget and the Ministry of Finance and Economy on 21 held a meeting at the April 21, 2026

National Assembly Speaker Woo Won-shik urges PPP to back constitutional amendment on May 18 spirit National Assembly Speaker Woo Won-shik said the spirit of the May 18 movement left South Korea with a historic lesson that “no power can defeat the people,” and urged the People Power Party to join a parliamentary vote on a constitutional amendment reflecting that spirit. According to Yonhap News Agency, Woo visited the May 18 National Cemetery in Unjeong-dong, Buk-gu, Gwangju, on April 21 and reiterated that the May 18 spirit should be included in the preamble to the Constitution. On April 21, 2026

Daebang Construction Tightens Companywide Quality Controls to Prevent Defects Daebang Construction is stepping up efforts to strengthen construction quality management. The company said April 21 it is operating a companywide quality-control system built around three priorities: strict oversight of construction quality, reducing defects and responding actively after problems arise. A key feature is joint inspections by headquarters and job sites. In addition to on-site staff, the headquarters architecture team visits all sites in person to check common areas and April 21, 2026

Gijang Anchovy Festival Marks 30th Anniversary at Daebyeon Port April 24-26 Busan’s Gijang County said it will hold the 30th Gijang Anchovy Festival from April 24 to 26 at and around Daebyeon Port in Gijang-eup. County officials said this year’s event, marking the festival’s 30th anniversary, will feature expanded programs for visitors. Gijang’s spring anchovies are known locally for their high calcium content and, during peak season, their higher fat content and tender texture. A free raw-anchovy tasting will run throughout the three-day festival, and visitor April 21, 2026

People Power Party Picks Kim Gi-ha as Donghae Mayor Candidate Kim Gi-ha, 66, has been confirmed as the People Power Party’s candidate for mayor of Donghae. The party’s Gangwon Special Self-Governing Province chapter nomination committee announced the final primary results on the 21st at a meeting in Chuncheon and approved Kim’s nomination. Candidates and other officials attended as the results were released. Kim won the final primary against Choi Jae-seok, who had advanced from the preliminary round, and will run as the party’s nominee in the Don April 21, 2026

Samsung Bioepis Unveils Preclinical Data on First New Cancer Drug Candidate at AACR 2026 Samsung Bioepis said it has disclosed preclinical data for SBE303, a next-generation antibody-drug conjugate (ADC) cancer drug candidate, for the first time at the American Association for Cancer Research’s AACR 2026 annual meeting, as it moves beyond biosimilars to accelerate development of its own new medicines. The company said the data were presented at the meeting in San Diego, held April 17-22 (local time). SBE303 is a next-generation ADC designed to target nectin-4, a protein ove April 21, 2026

Acting Jeonbuk Education Superintendent Visits Basic Skills Lead School in Namwon Yoo Jeong-gi, acting superintendent of education for Jeonbuk Special Self-Governing Province, visited Namwon Elementary School on the 21st to review how the province’s “basic skills lead school” program is being carried out in classrooms. The Jeonbuk Office of Education said it expanded the number of basic skills lead schools to 369 this year — about half of all schools — from 99 last year, aiming to prevent learning gaps early and reduce disparities in education. Namwon Elementary, now i April 21, 2026

Gyeonggi Provincial Council Speaker Kim Jin-kyung Opens 389th Special Session GYEONGGI, South Korea — Gyeonggi Provincial Council Speaker Kim Jin-kyung said April 21 that the council should take an active role in responding to the crisis facing residents’ livelihoods, calling it a time to make decisions based on people’s day-to-day needs and to act responsibly. In opening remarks at the council’s 389th special session plenary meeting, Kim, a Democratic Party lawmaker representing Siheung 3, said that while spring has arrived, the livelihood economy residents feel “ April 21, 2026

Anseong Mayor Kim Bo-ra Says Speed Matters as City Drafts 18 Billion Won Emergency Budget Gyeonggi Province’s Anseong city has drafted an emergency 18 billion won supplementary budget to ease residents’ financial strain from high fuel prices, inflation and the prolonged Middle East war. The city submitted the proposal to the Anseong City Council on April 20 in line with the central government’s measures to stabilize livelihoods. The one-time budget focuses on urgent issues tied to the war’s spillover effects and is expected to be put to a final vote at the council’s 239th extra April 21, 2026

South Jeolla Province to Revamp Seedling Production for Climate-Resilient Forests South Jeolla Province said it held a meeting April 21 at its Forest Research Institute in Naju to discuss a structural overhaul of how it develops forest resources, including tree species selection and seedling production, in response to climate change. The meeting was aimed at preparing for shifting forest growing conditions, rising forest disasters and changes in forest-creation patterns linked to climate change. Eighteen people attended, including officials from the province and its c April 21, 2026