SBS NEWS

Bank of Korea Supplies 3.6 Trillion Won in Currency Ahead of Chuseok The Bank of Korea announced today that it supplied a total of 3.6 trillion won in currency to financial institutions during the 10 business days leading up to Chuseok. SBS Sep 23, 2026 1:28 PM

Early Chuseok Boosts August Retail Sales by 7.7%... Hypermarkets Bounce Back in 6 Months The Ministry of Trade, Industry and Energy announced today that sales for 26 major domestic retailers in August increased by 7.7% compared to the same month last year. SBS Sep 23, 2026 11:32 AM

Ministry Launches Planned Probe into 840 Suspected Illegal Real Estate Transactions by Foreigners The Ministry of Land, Infrastructure and Transport announced today that it has selected 840 suspected illegal real estate transactions by foreigners from among nationwide housing, non-housing, and land transactions reported between June of last year and July of this year, and has launched a planned investigation. SBS Sep 23, 2026 11:30 AM

SME Minister Lee So-young: "More Benefits Should Go to Using Onnuri Gift Certificates in Traditional Markets" ▲ Minister of SMEs and Startups Lee So-young Newly appointed Minister of SMEs an… SBS Sep 23, 2026 10:47 AM

Samsung Refrigerators Malfunction Ahead of Chuseok, Prompting Emergency Repairs According to industry sources on September 23, numerous posts have appeared since the previous day on Samsung Members, an online community for Samsung Electronics products, stating that refrigerators were not operating normally after undergoing a software update through the smart home platform SmartThings. SBS Sep 23, 2026 10:40 AM

Middle East Oil Dependence to Fall Below 50%; 20 Million Barrels of Reserves to Be Added The South Korean government has decided to lower its crude oil dependence on specific regions to below 50 percent by 2035 and expand its stockpiling facilities. SBS Sep 23, 2026 10:30 AM

New Land Minister Pledges Focus on Housing Stability and Field-Driven Policies Newly appointed Minister of Land, Infrastructure and Transport Hong Ji-sun stated in her inaugural remarks that she will "concentrate policy capabilities on housing stability, which is most closely connected to the lives of the people." Diagnosing the current situation of the real estate market during her inauguration ceremony held at the Government Complex Sejong today , Minister Hong said, "Imbalances in housing supply and demand, instability in the lease market, and household debt burdens are all intertwined." She added, "We must now transition to field-oriented and pragmatic housing policies that can resolve these structural issues." She emphasized, "Housing supply must not remain mere plans and numbers," and vowed to "accelerate 3rd-generation new towns and urban housing projects to ensure they lead to actual construction and occupancy, following through to the end." To this end, Minister Hong stated that she will operate multi-layered consultative bodies with metropolitan and local governments to establish integrated reviews and fast-track approval processes, thereby settling a virtuous cycle model where central government institutional support and local autonomy reinforce each other. SBS Sep 23, 2026 10:22 AM

FTC to Impose Surcharges Even on Voluntary Self-Reports After Investigations Begin Companies that colluded on prices for over seven years for food products such as snacks, bread, beverages, ice cream, and beer, as well as starch and starch sugar used as industrial raw materials for paper and steel, face record-high surcharges. SBS Sep 23, 2026 10:17 AM

Highway Rest Stop Receipts Offer Up to 60% Discounts on Tourist Attractions Here is some good news that highway rest stop receipts can actually get you discounts at local tourist attractions. SBS Sep 23, 2026 10:05 AM

"Chuseok Table Costs Drop for First Time in 9 Years"... What Is the Real Impact Felt by Consumers? Wednesday's Friendly Economy is with economic reporter Kim Hye-min. Kim, the Chuseok holiday starts tomorrow, the 24th. SBS Sep 23, 2026 9:38 AM