SBS News

Navy Sailor Goes Missing During Patrol in East Sea; Search Underway The Navy announced through a press release, "A sailor serving on a Navy vessel on patrol duty went missing this morning in waters approximately 50 kilometers east of Geojin-eup, Goseong-gun, in the East Sea." The missing sailor is a private first class, and the vessel is reported to be a frigate. SBS Jul 12, 2026 1:48 PM

One Year After Commercial Act Amendment: 8 Out of 10 Companies Report Changes in Board Operations According to the Survey on Changes in Business Environment and Support Tasks for Institutional Settlement One Year After the Commercial Act Amendment, conducted by the Korea Chamber of Commerce and Industry on 300 listed companies (50 with assets of 2 trillion won or more, 250 with less than 2 trillion won) and released today , 84.3% of responding companies stated that there have been changes in their board operation methods since the amendment. SBS Jul 12, 2026 1:41 PM

Five Major Financial Groups Provide 11.3 Trillion Won in Inclusive Finance in First Half of 2026 The Financial Services Commission announced today that it held a meeting to review the progress of inclusive finance by the five major financial groups at the Government Complex Seoul on July 10, presided over by Secretary General Shin Jin-chang. SBS Jul 12, 2026 1:40 PM

National Tax Service Collects 319.5 Billion Won in Taxes from 114 Companies for Price-Gouging and Tax Evasion The NTS conducted tax audits on 117 companies that had been profiteering through excessive price hikes while failing to properly report their income, carrying out the investigations in four phases starting in September of last year. SBS Jul 12, 2026 1:38 PM

"You May Not Receive Insurance Payouts for Flight Delays: Check Your Policy Terms" The Financial Supervisory Service announced on July 12 that, with the demand for travel insurance rising during the summer vacation season, it is providing guidance on key information and major dispute resolution cases. SBS Jul 12, 2026 1:37 PM

Ministry of SMEs and Startups to Host 'Idea Consulting Day' Across 17 Cities and Provinces for Tailored Support This event was organized to help prospective entrepreneurs and startups refine their ideas and support the protection of their rights. SBS Jul 12, 2026 1:34 PM

Plastic Surgery Clinics Caught Posting Deceptive 'Backdoor' Ads Disguised as Genuine Reviews The KFTC announced today that it has decided to issue corrective orders to View Plastic Surgery, AB Plastic Surgery, and DA Plastic Surgery for violating the Act on Fair Labeling and Advertising. SBS Jul 12, 2026 1:30 PM

13 Consortia Selected for Industry-Academia Strategic Technology Projects Led by Postdoctoral Researchers The Ministry of Science and ICT announced the results of this year's "Strategic Technology Postdoctoral Researcher Industry-Academia Project" consortia selection today . SBS Jul 12, 2026 1:29 PM

At Least 44 Dead in Bangladesh Floods and Landslides; Over 1 Million Stranded According to Reuters on July 12 , the Bangladeshi Ministry of Disaster Management and Relief reported that approximately 267,000 households have been cut off due to flooding, primarily in the southeastern Chattogram division. SBS Jul 12, 2026 1:24 PM

Video Article

Typhoon Bavi Makes Landfall in China, 2 Million Evacuated Torrential rain is pouring down as if the sky has opened up, and yellow waves are surging over the breakwaters as if to swallow them whole. SBS Jul 12, 2026 1:22 PM