SBS News

Korea Customs Service to Strengthen Collection of 72 Trillion Won in Arrears... "Airport Inspection Rate to Increase 10-Fold" The Korea Customs Service is set to strengthen its management of over 70 trillion won in outstanding customs, national, and local taxes. SBS Jun 30, 2026 1:42 PM

Korean Retail Investors Dump 'SOXL' for New 2x Leveraged Memory Chip ETF So-called "Seohak Ants," or South Korean retail investors who actively trade foreign stocks, have been seen selling off their existing exchange-traded funds and heavily purchasing a newly launched memory semiconductor-related ETF on its first day of listing. SBS Jun 30, 2026 1:41 PM

Securities Transaction Tax Surges 400% in May; Cumulative Tax Revenue Approaches 200 Trillion Won This Year National tax revenue increased by more than 5 trillion won last month compared to the same period last year, driven by factors such as capital gains from overseas stocks, housing transactions, and an increase in stock trading. SBS Jun 30, 2026 1:34 PM

Outbound Foreign Direct Investment Rises for 3rd Consecutive Quarter; Investment in U.S. Hits 4-Year High According to foreign direct investment statistics released by the Ministry of Economy and Finance today , outbound FDI in the first quarter reached 21.74 billion dollars, a 36.2 percent increase compared to the same period last year. SBS Jun 30, 2026 1:29 PM

Dongtan, Guri, Giheung Face Triple Regulations; Critics Call It 'Too Little, Too Late' The government has imposed triple regulations on three areas—Guri, Dongtan in Hwaseong, and Giheung in Yongin—due to a recent sharp rise in apartment prices. SBS Jun 30, 2026 1:27 PM

FSS Rules Securities Firms Must Compensate 60-70% of Losses for Illegal Bond-Type Wrap Account Management The Financial Supervisory Service has ruled that a securities firm must compensate clients for 60 to 70 percent of their losses after it was found to have managed bond-type wrap accounts—discretionary investment products—by purchasing commercial paper and bonds at prices higher than market rates and employing maturity mismatch strategies. SBS Jun 30, 2026 1:26 PM

Weekly Parental Leave Starting in August... Train Tickets to Be Available for Booking 2 Months in Advance Starting in August, the minimum period for parental leave will be shortened from 30 days to one week. SBS Jun 30, 2026 1:25 PM

Industrial Output Falls for Second Consecutive Month in May; Government Expects Semiconductor Rebound in June Industrial production saw a decline for the second straight month in May, driven by a double-digit drop in semiconductor output. SBS Jun 30, 2026 1:24 PM

FSS and NHIS Sign MOU to Manage Non-Reimbursable Medical Expenses and Share Private Insurance Data The Financial Supervisory Service and the National Health Insurance Service have joined forces to curb rising private health insurance premiums and the depletion of national health insurance funds caused by excessive non-reimbursable medical treatments. SBS Jun 30, 2026 1:22 PM

Saedo-yak Fund Writes Off 500 Billion Won in Long-term Overdue Debt for Vulnerable Groups As with the first and second rounds of write-offs, this batch includes 100 billion won in debt for which the statute of limitations expired after being acquired by the Saedo-yak Fund, in addition to debt held by vulnerable groups exempt from repayment ability assessments and debt that cannot be legally enforced. SBS Jun 30, 2026 1:21 PM