SBS NEWS

Ministry of Oceans and Fisheries Streamlines Safety Inspections for Small Vessels to Ease Burden on Small Businesses The Ministry of Oceans and Fisheries announced today that it has revised the Enforcement Rule of the Ship Safety Act to reduce the inspection burden on owners of vessels under 10 tons and outboard-engine vessels (propulsion devices attached or detached outside the hull). SBS Aug 24, 2026 11:11 AM

FTC Proposes Revision to Guidelines on Prepaid Installment Transactions to Strengthen Advance Payment Management The Fair Trade Commission announced today that it is holding a legislative notice for a revision to the "Guidelines for Consumer Protection in Prepaid Installment Transactions" through September 14, which includes the establishment of new internal control regulations for prepaid installment businesses. SBS Aug 24, 2026 10:43 AM

High Oil Price Relief Subsidy Expiration Set for Midnight on 31st The expiration period for high oil price relief subsidies will end at midnight on the 31st. SBS Aug 24, 2026 10:34 AM

Experts Predict Improvement in September Manufacturing Business Conditions Experts have forecasted that manufacturing business conditions will improve next month. SBS Aug 24, 2026 10:33 AM

Tax Reductions for Top Conglomerates Surge 81.8% Last Year National tax reductions received by top large corporate groups increased by more than 80% last year compared to the previous year. SBS Aug 24, 2026 10:32 AM

10,184 Apartments Scheduled for Move-In Nationwide in September, Down 31% From Previous Month According to real estate platform Zigbang today , nationwide apartment move-in volumes for September will total 10,184 households, a 30.7 percent decrease from August . SBS Aug 24, 2026 9:43 AM

Illegal Direct Purchases of Wegovy and Mounjaro Surge, Reaching 3.5 Times Last Year's Total In particular, attempts to smuggle these products by abusing international mail, including personal direct purchases through overseas websites, appear to be increasing significantly. SBS Aug 24, 2026 9:39 AM

Alcohol Consumption Dips in South Korea as Whisky Makers Struggle 〈anchor〉<br /> <br /> It is time for our Friendly Economy segment with reporter … SBS Aug 24, 2026 9:16 AM

Check Your Balance Now... "Automatic Expiration" at Midnight on the 31st The final useful news segment covers the end of the high-oil-price relief subsidies. SBS Aug 24, 2026 8:49 AM

Wall Street Indexes Close Higher Ahead of Major This-Week Events Here is a look at Wall Street for this week. On the 26th, the personal consumption expenditures price index for July will be released, and Nvidia's second-quarter earnings will be unveiled after the market closes on the same day. SBS Aug 24, 2026 7:48 AM