SBS News

Venture Enterprise Association Expresses Regret Over Pharmaceutical Act Revision Restricting Delivery Platforms This is an instance where small innovations by startups were thwarted by entry regulations in emerging industries and vested interests of traditional interest groups." The association continued, "To achieve the government's goals of making South Korea one of the top four venture powerhouses and opening an era of 40 trillion won in annual venture investment, we must first overhaul the fundamental application principles for industrial regulations. SBS Aug 21, 2026 10:32 AM

Consumer Goods Exports to China Show Upward Trend in H1; Government Aims to Maintain Momentum Through Year-End The Ministry of Trade, Industry and Energy announced that it held a video conference today chaired by Minister Kim Jeong-kwan, attended by commercial attachés at diplomatic missions in China and heads of Korea Trade-Investment Promotion Agency regional trade offices in China, to review consumer goods exports to the country. SBS Aug 21, 2026 10:30 AM

July Producer Prices Fall on Drop in Global Oil Prices Driven by falling global oil prices, the producer price index dropped last month for the first time in 11 months. SBS Aug 21, 2026 10:30 AM

Hyundai Motor Union Launches Full Strike for First Time in 10 Years Amid Impasse The Hyundai Motor union has gone on a full strike for the first time in 10 years due to difficulties in wage negotiations. SBS Aug 21, 2026 10:28 AM

Kakao Holds Town Hall Today Amid Keen Interest in Holding Company Conversion and KakaoTalk Spin-off Kakao is holding a town hall meeting for its employees today . According to the Information and Communication Technology industry on August 21, Kakao notified its employees yesterday evening that the town hall meeting would take place this morning. SBS Aug 21, 2026 9:19 AM

Hyundai Motor Union Launches First Full Strike in 10 Years, Halting All Plants This marks the first time in 10 years that the Hyundai Motor union has staged an 8-hour full strike since the collective bargaining in 2016. SBS Aug 21, 2026 9:18 AM

Foreigners Net Sell 32 Trillion Won in Stocks in July, Maintaining Net Selling Streak for 7th Month According to the Financial Supervisory Service today , foreigners net sold 31.664 trillion won last month, down by about 18 trillion won from the previous month . SBS Aug 21, 2026 9:18 AM

June Bank Loan Delinquency Rate Hits 0.56%... Highest for the Month in 10 Years According to the Financial Supervisory Service on the 21st, the delinquency rate on won loans by domestic banks (based on principal and interest overdue for one month or more) stood at 0.56% at the end of June, up 0.04 percentage points from the same month last year. SBS Aug 21, 2026 9:16 AM

Producer Prices Fall in July for First Time in 11 Months Due to Drop in Oil Prices While agricultural prices surged due to a heatwave, the downward impact of international oil prices played a greater role. SBS Aug 21, 2026 9:16 AM

No More Risk of Losing Deposits? 'Jeonse-Wolse Safe Trust' to Be Introduced It's time for "Friendly Economy" on Friday with reporter Han Jiyeon. Han, I understand a system is being introduced where Jeonse deposits are entrusted to a public institution? Under this system, the Jeonse deposit is entrusted to HUG, the Korea Housing & Urban Guarantee Corporation, instead of the landlord, and the operating profits are paid out to the landlord monthly like monthly rent. SBS Aug 21, 2026 9:03 AM