President Lee Jae-myung pledged increased research funding and robust support for science and technology at KAIST's graduation, vowing no research will halt due to budget constraints, while referencing past controversy over R&D cuts during the Yoon administration.
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'Yoon Gagged' Incident Looms as President Lee Visits KAIST Graduation—Vows 'No Research Will Halt Due to Lack of Funding'
President Lee Jae-myung pledged increased research funding and robust support for science and technology at KAIST's graduation, vowing no research will halt due to budget constraints, while referencing past controversy over R&D cuts during the Yoon administration.
South Korea will establish a permanent consultative body between the Ministry of Economy and Finance and the Ministry of Science and ICT to break down silos in national R&D budgeting, aiming to boost investment efficiency and consistency from the 2027 budget cycle.
#YonhapInfomax #RDBudget #MinistryOfEconomyAndFinance #MinistryOfScienceAndICT #InvestmentEfficiency #2027BudgetCycle #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99324South Korea's key economic ministries, including the Ministry of Economy and Finance and the Bank of Korea, announced today's schedules, highlighting policy coordination meetings and updates on R&D budget reforms and employment trends.
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[Today's Schedule for the Ministry of Economy and Finance and Other Economic Ministries]
South Korea's key economic ministries, including the Ministry of Economy and Finance and the Bank of Korea, announced today's schedules, highlighting policy coordination meetings and updates on R&D budget reforms and employment trends.
Vice Prime Minister Bae Kyung-hoon – 'Development of Homegrown AI Model to Rank in Global Top 10 by 2026' (Comprehensive)
South Korea will triple its AI budget and launch a homegrown AI model by 2026, aiming for a global top-10 ranking, while boosting R&D, cybersecurity, and regional innovation.
South Korea will invest a record 35.5 trillion won ($26.8 billion) in R&D and triple AI funding by 2026, aiming to develop a homegrown AI model ranking in the global top 10, expand national AI infrastructure, and accelerate innovation across key industries.
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Vice Prime Minister Bae Kyung-hoon Pledges Development of Homegrown AI Model Ranking in Global Top 10 by 2026
South Korea will invest a record 35.5 trillion won ($26.8 billion) in R&D and triple AI funding by 2026, aiming to develop a homegrown AI model ranking in the global top 10, expand national AI infrastructure, and accelerate innovation across key industries.
South Korea will select 100 "National Scientists" over five years to serve as role models, launch new AI schools, and boost R&D funding, aiming to strengthen its science and technology ecosystem and attract global talent.
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Ha Jung-woo Says Government to Select 100 National Scientists as Role Models for Young Researchers - Yonhap Infomax
South Korea will select 100 "National Scientists" over five years to serve as role models,
Ruling Party Vows to Pass 2026 Budget Bill by Legal Deadline
The Democratic Party of Korea has pledged to pass the 2026 government budget by the legal deadline, emphasizing record R&D and AI investments to support South Korea’s future growth.
[2026 Budget Proposal] AI Investment to Triple—R&D Hits Record 35.3 Trillion Won
South Korea will triple AI investment and boost R&D spending to a record 35.3 trillion won in 2026, aiming to drive innovation and secure global competitiveness.
South Korea's Democratic Party slammed the Yoon administration for a cumulative 100 trillion won ($75.7 billion) tax revenue shortfall over three years, calling fiscal management a "failing grade" and demanding reforms as the National Assembly reviews the 2024 budget settlement.
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National Policy Committee Considers Restoring State R&D Budget—Bill Submitted to Extend Budget Review Period
South Korea’s National Policy Planning Committee is moving to restore and expand the national R&D budget, proposing a bill to extend the review period and enhance transparency, as part of President Lee Jae-myung’s policy agenda.
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