SBS News

Ministry of Oceans and Fisheries Suspends Hairtail Fishing Ban This Year to Stabilize Food Prices The Ministry stated on Wednesday that the decision was made following deliberations by the Central Fisheries Coordination Committee, which held its third meeting of the year. SBS Jun 24, 2026 11:46 AM

BOK: Number of SMEs with Delinquent Loans Increases 2.6-Fold in 10 Years; Risk Management Needed for SMEs and Service Sector The Bank of Korea has assessed that risk management is necessary as non-performing loans are rapidly increasing, particularly among small and medium-sized enterprises and the service sector, amid recent rises in market interest rates and exchange rates. SBS Jun 24, 2026 11:38 AM

Illegal Distribution of Imported Plants to Face Prison or Fines Under Amended Plant Quarantine Act The amendment will take effect on December 17. The government has strengthened existing regulations, which previously only penalized importers of prohibited items, to now include those who transfer or distribute such illegally imported goods within the country. SBS Jun 24, 2026 11:37 AM

Bank of Korea: "Rising Jeonse and Monthly Rent Burdens for Non-Homeowning Households Require Support for Vulnerable Groups" In its Financial Stability Report released today , the Bank of Korea analyzed that "while the Rent-to-Income Ratio for tenant households in the Seoul metropolitan area significantly exceeds that of non-metropolitan areas, the average interest payments for non-homeowning households in the capital region are also showing a steep upward trend." The BOK emphasized, "Although non-homeowning households generally have a lower burden of debt repayment, their housing cost burden is rising due to factors such as the increase in jeonse and monthly rent prices in the Seoul metropolitan area. SBS Jun 24, 2026 11:32 AM

Bank of Korea Warns of Financial Instability Risks Due to Rising Housing Prices and Debt-Financed Investing The Bank of Korea has issued a warning that rising housing prices, particularly in the Seoul metropolitan area, and an increase in "debt-financed investing" (borrowing to invest in stocks) amid a strong stock market could threaten financial stability. SBS Jun 24, 2026 11:28 AM

Financial Supervisory Service Urges Brokerages to Strengthen Risk Management Amid Rising Margin Trading The Financial Supervisory Service announced that it held a meeting today with the Korea Financial Investment Association and chief risk officers from major brokerage firms to request strengthened efforts in risk management and investor protection regarding recent market volatility. SBS Jun 24, 2026 11:15 AM

Banks to Receive 'Win-Win Growth Report Card': Commission to Launch First 'Win-Win Finance Index' Evaluation in Second Half The Win-Win Finance Index is a metric that quantifies the win-win cooperation performance of financial companies and the perceived benefits among SMEs and small business owners. SBS Jun 24, 2026 11:14 AM

Samsung Electronics Set for Imminent 90 Trillion Won Treasury Stock Buyback: "Expectations for Boosting Shareholder Value" This comes as management and labor agreed to pay special management performance bonuses in treasury stock, creating a need to purchase a massive amount of shares exceeding the company's current holdings. SBS Jun 24, 2026 11:04 AM

Yuhan Corporation Marks 100th Anniversary, Unveils Vision to "Contribute to Human Health" Leading pharmaceutical company Yuhan Corporation has celebrated its 100th anniversary. SBS Jun 24, 2026 10:27 AM

81% Support Paternity Leave, Yet Only 46% Encourage Colleagues to Take It While social support for paternity leave is high, the atmosphere encouraging its actual use remains insufficient. SBS Jun 24, 2026 10:25 AM