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KFTC Issues Review Report on Alleged Pork Product Price Collusion by Major Meat Processors
Kim Jisun 2025.10.31
[Alpha Biz= Kim Jisun] SEOUL, October 30, 2025 — The Korea Fair Trade Commission (KFTC) has sent formal review reports—equivalent ...

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One-Third of Korean Banks Still Lack Controls Over Insider and Family Loans, National Assembly Finds
Paul Lee 특파원 2025.10.29
[Alpha Biz= Paul Lee] SEOUL, October 27, 2025 — Despite repeated cases of improper lending to bank employees’ relatives, a new rep ...

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NH NongHyup Life Under Investigation Over Alleged ₩9 Billion Rebate Scheme — FSS Chief Confirms Field Inspection
Paul Lee 특파원 2025.10.28
[Alpha Biz= Paul Lee] SEOUL, October 27, 2025 — South Korea’s Financial Supervisory Service (FSS) has launched a field investigati ...

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Crypto Flows Between Korean Exchanges and Cambodia Surge 1,400-Fold — Lawmakers Warn of Possible Money Laundering Links
Paul Lee 특파원 2025.10.28
[Alpha Biz= Paul Lee] SEOUL, October 27, 2025 — The volume of cryptocurrency transfers between South Korea’s major exchanges and a ...

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South Korea to Announce Petrochemical Industry Restructuring Plan in Early December Amid Global Oversupply
Kim Jisun 2025.10.27
[Alpha Biz= Kim Jisun] SEOUL, October 26, 2025 — South Korea’s Ministry of Trade, Industry and Energy (MOTIE) is expected to unvei ...

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Georgia Governor Brian Kemp to Visit Korea for Meetings with Hyundai, LG Energy Solution, and SK On Following Worker Detention Incident
Kim Jisun 2025.10.23
[Alpha Biz= Kim Jisun] SEOUL, South Korea – October 22, 2025 – Brian Kemp, Governor of the U.S. state of Georgia, will visit South ...

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South Korea Faces ‘Financial Desertification’ as Banks Continue Branch Closures Outside Seoul
Paul Lee 특파원 2025.10.22
[Alpha Biz= Paul Lee] SEOUL, South Korea – October 21, 2025 – Bank branch closures across South Korea are accelerating, raising co ...

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FSS to Decide on Penalties for Banks Over Mis-selling of Hong Kong H-Index ELS on Oct. 23
Paul Lee 특파원 2025.10.21
[Alpha Biz= Paul Lee] SEOUL, Oct. 20 — South Korea’s Financial Supervisory Service (FSS) will hold a disciplinary review committee ...

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Korea’s Antitrust Regulator Orders Fitness Chains to Revise Unfair Membership Terms
Kim Jisun 2025.10.20
[Alpha Biz= Kim Jisun] SEOUL, Oct. 19 — South Korea’s Fair Trade Commission (KFTC) announced on Saturday that it has uncovered and ...

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Cambodia to Deport 59 South Koreans Involved in Online Scam Operations
Kim Jisun 2025.10.17
[Alpha Biz= Kim Jisun] PHNOM PENH / SEOUL, Oct. 16 — Cambodia’s national police announced that 59 South Korean nationals involved ...

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Government Announces Stricter Mortgage Limits and Tighter DSR Rules for Metropolitan Areas
Kim Jisun 2025.10.16
[Alpha Biz= Kim Jisun] SEOUL, Oct. 15 — The South Korean government has unveiled new housing finance regulations that will reduce ...

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IMF Projects Korea’s Economy to Rebound Sharply in 2025 — Growth to Double to 1.8%
Paul Lee 특파원 2025.10.15
[Alpha Biz= Paul Lee] Seoul/Washington, October 14 — The International Monetary Fund (IMF) forecast that South Korea’s economy wil ...

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Hyundai, Kia Face Deeper Q3 Profit Slump as U.S. Tariffs Bite Harder
Kim Jisun 2025.10.13
[Alpha Biz= Kim Jisun] Seoul, October 12 — The profit outlook for Hyundai Motor and Kia continues to darken, with analysts expecti ...

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Over 2,500 Construction Firms Shut Down in Korea Amid Prolonged Slump and Regulatory Pressures
Kim Jisun 2025.10.13
[Alpha Biz= Kim Jisun] Seoul, October 12 — South Korea’s construction industry is facing its toughest year in a decade, as more th ...

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South Korea Ranks Second Worldwide in Instant Noodle Consumption — 79 Servings Per Person in 2023
Kim Jisun 2025.10.10
[Alpha Biz= Kim Jisun] Seoul, October 9 – South Koreans consumed an average of 79 instant noodle servings per person last year, ra ...

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South Korea to Abolish Criminal Breach of Trust Law After 72 Years
Kim Jisun 2025.10.01
[Alpha Biz= Kim Jisun] Seoul, September 30 – The South Korean government and ruling party announced plans to abolish the criminal ...

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Korea to Allow Visa-Free Entry for Chinese Group Tourists Starting September 29
Kim Jisun 2025.09.29
[Alpha Biz= Kim Jisun] Seoul, September 28, 2025 – Beginning September 29, 2025, Chinese group tourists will be permitted to enter ...

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Korean Tax Authority Uncovers KRW 800 Billion in Tax Evasion by Food and Franchise Companies
Kim Jisun 2025.09.26
[Alpha Biz= Kim Jisun] Seoul, September 25 – The National Tax Service (NTS) announced it has uncovered KRW 800 billion in tax evas ...

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Police Respond to Disturbance at Jeju Casino Involving Chinese Tourists
Kim Jisun 2025.09.25
[Alpha Biz= Kim Jisun] Jeju, September 24, 2025 – Police were dispatched to a foreigner-only casino in Jeju after dozens of Chines ...

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Korea’s Personal Information Protection Commission Launches Probe Into Asset Managers’ Data Breach
Paul Lee 특파원 2025.09.24
[Alpha Biz= Paul Lee] Seoul, September 23, 2025 – The Personal Information Protection Commission (PIPC) announced that it has rece ...