SBS News

Korean Air Successfully Issues 20 Billion Yen Samurai Bond Korean Air announced on July 6 that it has successfully issued a Samurai bond worth 20 billion yen (approximately 190 billion won) with a guarantee from the Export-Import Bank of Korea. SBS Jul 6, 2026 3:34 PM

Samsung Electronics DX Division Union Plans Protest Over Performance Bonus Gap; Pressure Mounts from NSEU A labor union representing employees in Samsung Electronics' DX division, which handles home appliances, TVs, and smartphones, is set to hold a rally demanding that management address the results of the 2026 wage negotiations. SBS Jul 6, 2026 3:26 PM

Samsung Electronics Semiconductor Division to Pay Up to 100% of Monthly Base Salary as Performance Bonus for First Half Samsung Electronics announced the payment rate for the Target Achievement Incentive for the first half of the year through its internal network on the afternoon of July 6. SBS Jul 6, 2026 2:50 PM

As Doors to Major Firms Close, 1,800 Applicants Vie for a Single SME Job As young people struggle with a severe job market, youth employment has emerged as the most critical issue for economic and employment policies in the second half of the year. SBS Jul 6, 2026 2:47 PM

High Fuel Prices Due to Price-Fixing? Jeju Gas Station Association and Others Fined 2.1 Billion Won The Jeju branch of the Korea Oil Station Association (Jeju Gas Station Association), along with the Jeju Agricultural Cooperative and the Seogwipo Agricultural Cooperative, have been penalized for alleged price-fixing of light oil products, including gasoline, diesel, and kerosene, in the Jeju region. SBS Jul 6, 2026 2:17 PM

Shareholder Approval Under '3% Rule' Mandatory for Dual Listing of Spun-off Subsidiaries The board of directors of a parent company pursuing a dual listing will be tasked with five core duties based on the fiduciary duty to shareholders, including assessing the impact on shareholders, establishing protection measures, and engaging in shareholder communication. SBS Jul 6, 2026 2:11 PM

Asset Managers' Voting Rate Hits 91.8%, Dissent Rate 8.2%... Improvement Seen Year-on-Year The FSS reviewed a total of 46,827 agenda items from 285 domestic asset management firms regarding their fund voting and disclosure records from April 2025 to March 2026. SBS Jul 6, 2026 2:08 PM

KCCI Launches Certification Program to Support Hiring of High School Graduates The Korea Chamber of Commerce and Industry will conduct the 2026 Vocational Competency Certification Assessment for approximately 58,000 third-year students at 569 vocational high schools nationwide from July 7 to July 10. SBS Jul 6, 2026 1:54 PM

Ministry of Planning and Budget Pushes for Legal Amendments to Establish Future Response Fund A ministry official stated during a regular briefing on July 6, "We intend to create a fund using additional tax revenue and utilize it for mega-projects, youth employment, and resolving polarization," adding, "We plan to determine the specific direction by gathering opinions from relevant ministries and the National Assembly, as legal amendments will be necessary." To this end, the ministry is expected to pursue the establishment of the fund through amendments to the National Finance Act. SBS Jul 6, 2026 1:34 PM

Facial Authentication Required for Mobile Phone Activation; Concerns Over Data Leaks Addressed Starting today, July 6, identity verification procedures for mobile phone activation have been strengthened, now requiring facial authentication. SBS Jul 6, 2026 12:26 PM