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Korea targets a record 820 trillion won budget plan

The Daily Debrief | Aug. 25, 2026

Morning Sunrise at Gyeongpo Beach

People enjoy the morning sunrise at Gyeongpo Beach in Gangneung, Gangwon, on Aug. 24. — YONHAP


It’s Monday! Hope you’re having a great start to the new week. Here are the stories you need to know in Korea!

  1. Government Budget for 2027

    • The government’s budget plan for 2027 is expected to increase by 90 trillion won ($65 billion) compared to this year, with focuses on AI and youth.
  2. Chip Giants in China

    • Korea’s chip giants are expanding legacy-memory output in China, amid ongoing geopolitical tensions.
  3. Police Investigation

    • Authorities are investigating a police officer accused of improperly closing missing persons cases, including one in Jeju.

Today’s Top Story

Korea Plans 820 Trillion Won ‘Super Budget’ Focused on AI and Youth

Korea is preparing an unprecedented “super budget” for 2027, with spending projected at over 820 trillion won ($592.6 billion). This will be a 12% increase fueled by surging semiconductor revenues aimed at boosting AI initiatives, regional development, and youth support. This increase would be the largest single-year jump on record.

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Feature of the Day

Samsung, SK hynix Pour Fresh Investment into Aging China Factories Despite U.S. Curbs

Despite U.S. export restrictions, Samsung Electronics and SK hynix continue to invest in their Chinese chip factories, which have become crucial due to high demand for even older generation memory chips driven by the AI boom.

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More Stories


Editor’s Picks

Jeju Police Seek Detention of Officer Accused of Falsely Closing Missing-Person Cases

Police are investigating an officer who allegedly mishandled missing-person cases after a body was discovered.

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Lifestyle & Entertainment

Still Alive, Still ‘BiiiG’: Big Bang Turns Nostalgia into Momentum

During their “XX: Cosmos” world tour kickoff, Big Bang showcased their extensive discography and teased new music, reaffirming their status in K-pop.

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Illegal Imports of Wegovy, Mounjaro Surge

Customs officials detected over 4,000 illegal imports of Wegovy and Mounjaro in the first half of 2026, primarily through international mail.

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Trump’s ‘57 Nuclear Weapons’ Remark Raises Concerns

Experts warn that the acceptance of North Korea as a nuclear power may lead to proliferation debates in Seoul and Tokyo.

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Stay informed and enjoy your week ahead!

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