Housing Property Tax Revenue Projected to Reach 10.1 Trillion Won If Comprehensive Real Estate Tax Ratio Raised to 80% According to data received today by Representative Lee Jong-wook of the People Power Party, a member of the National Assembly's Land, Infrastructure and Transport Committee, from the National Assembly Budget Office, the housing property tax for 2026 is estimated at 8.6995 trillion won if the current 60% fair market value ratio is applied. SBS Jul 9, 2026 7:08 AM
South Korea's Food and Beverage Prices Second Highest After Switzerland, Among OECD's Most Expensive for 3 Consecutive Years While the overall consumer price level remains below the OECD average, food prices have maintained a relatively high level. SBS Jul 9, 2026 7:04 AM
Record Current Account Surplus Fails to Lift Sliding Stock Market Driven by a continued boom in the semiconductor industry, South Korea's current account surplus reached an all-time high in May. SBS Jul 9, 2026 6:35 AM
Court Recognizes Delivery Rider as Employee for First Time A court has issued its first ruling recognizing a delivery rider who receives work through a platform as an employee. SBS Jul 9, 2026 12:46 AM
Current Account Hits Record Surplus, Yet Stock Market Plummets Driven by strong semiconductor exports, South Korea's current account surplus reached an all-time monthly high in May. SBS Jul 9, 2026 12:38 AM