SBS News

KITA: 1 in 3 Exporters Unable to Pass on Surging Logistics Costs However, a significant number of businesses are struggling with declining profitability as they fail to reflect these increases in product prices. SBS Jul 26, 2026 11:41 AM

Ministry to Provide 38.4 Billion Won in Recovery Aid for Farms Hit by Abnormal Climate Specifically, the aid targets a total of 21,112 farming households, including orchard farms damaged by the abnormal low temperatures in April, garlic farms affected by bul-maneul (garlic with secondary growth, where cloves multiply or leaves re-emerge through stem gaps due to abnormal high temperatures and frequent precipitation between March and April), and farms affected by hail on June 11. SBS Jul 26, 2026 11:36 AM

Park Hong-keun Says Plans Underway to Break 20.79% Education Grant Link Minister of Planning and Budget Park Hong-keun announced that plans are currently underway to modify the structure that allocates 20.79% of internal taxes to the local education finance grant, adding that a bill will be proposed soon to undergo parliamentary review. SBS Jul 26, 2026 10:55 AM

Tax Deductions for Ultra-Expensive Single-Home Owners Exceeding 2 Billion Won in Tax Base Reach 46.1 Billion Won, Up 153% Amid rising housing prices, the statistics confirmed that the current comprehensive real estate holding tax system tends to reduce taxes more significantly for expensive homes. SBS Jul 26, 2026 10:33 AM

"Hungry Jensen"... K-Semiconductor Forms KRW 1,375 Trillion 'AI Alliance' Following this meeting, South Korean companies including Samsung and SK, along with global big tech firms, have decided to pursue cooperation in the semiconductor sector. SBS Jul 26, 2026 9:10 AM