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MFDS Orders Recall of “Trufarm Flavored Oil” Due to Benzopyrene Contamination
Kim Jisun 2025.08.20
[Alpha Biz= Kim Jisun] The Ministry of Food and Drug Safety (MFDS) announced on August 19 that it has ordered the suspension of sa ...

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Complaints Over Online Travel Platforms Surge Sixfold in Three Years, Agoda Tops List
Kim Jisun 2025.08.18
[Alpha Biz= Kim Jisun] Consumer complaints related to online travel agencies (OTAs) such as Agoda, Trip.com, and Airbnb have surge ...

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Construction Industry Paralyzed by "Serious Accident Punishment Phobia" Amid Government Crackdown
Kim Jisun 2025.08.13
[Alpha Biz= Kim Jisun] Seoul, Korea – The construction industry is reeling under the pressure of the government's tough stance on ...

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South Korea to Erase Credit Histories for Borrowers Who Fully Repay Pandemic-Era Debts by Year-End
Paul Lee 특파원 2025.08.12
[Alpha Biz= Paul Lee] SEOUL, South Korea – The Financial Services Commission (FSC) announced on August 11 that it will implement a ...

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Korean Industries Call for Regulatory Reforms on Warranty Extensions, Cinema Advertising, and Shareholder Meeting Notices
Kim Jisun 2025.08.11
[Alpha Biz= Kim Jisun] The business community in South Korea is urging the government to reform several regulations, including tho ...

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NTS Launches Tax Probe into 49 Foreigners for Tax Evasion Linked to High-End Apartment Purchases in Seoul's Gangnam Area
Kim Jisun 2025.08.08
[Alpha Biz= Kim Jisun] The National Tax Service (NTS) of South Korea announced on August 7 that it has launched a tax investigatio ...

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National Pension Service Moves to Enter Korea’s KRW 400 Trillion Retirement Pension Market
Kim Jisun 2025.08.06
[Alpha Biz= Kim Jisun] South Korea’s National Pension Service (NPS) is poised to step into the country’s massive KRW 400 trillion ...

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South Korea's Foreign Reserves Rise to USD 411.3 Billion in July, Marking Second Consecutive Monthly Gain
Paul Lee 특파원 2025.08.05
[Alpha Biz= Paul Lee] SEOUL, August 5 — South Korea’s foreign exchange reserves increased by USD 1.13 billion in July from the pre ...

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Foreign Resident Population in Korea Hits Record 2.73 Million — Nearly 1 Million from China
Paul Lee 특파원 2025.08.04
[Alpha Biz= Paul Lee] The number of foreigners residing in South Korea for study, work, and tourism has exceeded 2.73 million, the ...

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Coinbase to Support Samsung Pay for Crypto Purchases in U.S. and Canada
Paul Lee 특파원 2025.07.31
[Alpha Biz= Paul Lee] SEOUL – Starting July 31 (local time), users in the U.S. and Canada will be able to purchase cryptocurrency ...

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Foreign Patients in Korea Surpass 1 Million for First Time, Spending KRW 1.4 Trillion on Medical Services
Kim Jisun 2025.07.30
[Alpha Biz= Kim Jisun] SEOUL – South Korea welcomed a record 1.17 million foreign patients in 2023, marking the first time the fig ...

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MFDS Finds Four Health Masks Non-Compliant in Nationwide Quality Inspection
Kim Jisun 2025.07.29
[Alpha Biz= Kim Jisun] Seoul, South Korea — July 28, 2025 — The Ministry of Food and Drug Safety (MFDS) announced that four health ...

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Over 1.5 Million People Sign Nationwide Petition Backing National Health Insurance Service’s Landmark Lawsuit Against Tobacco Companies
Kim Jisun 2025.07.28
[Alpha Biz= Kim Jisun] The National Health Insurance Service (NHIS) announced on July 27 that more than 1.5 million people have si ...

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Korean Analysts Issue 93% “Buy” Ratings Despite Shrinking Numbers and Widening Forecast Gaps, Study Finds
Paul Lee 특파원 2025.07.23
[Alpha Biz= Paul Lee] A recent study has raised new concerns about the reliability and objectivity of equity research in South Kor ...

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Global TV Panel Prices Decline Amid Prolonged Market Slump
Kim Jisun 2025.07.22
[Alpha Biz= Kim Jisun] The prolonged slump in the global TV market, which began in the first half of the year, is expected to cont ...

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Jet Fuel Surcharges Rise on Geopolitical Tensions and Summer Travel Demand
Kim Jisun 2025.07.21
[Alpha Biz= Kim Jisun] SEOUL, July 20 — Fuel surcharges on international flights are expected to continue rising amid heightened o ...

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Korea Exchange Strengthens IPO Review Procedures to Prevent ‘Another HYBE Case’
Kim Jisun 2025.07.17
[Alpha Biz= Kim Jisun] The Korea Exchange (KRX) has strengthened its IPO review procedures to prevent a recurrence of the so-calle ...

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Google to Launch YouTube Premium Lite in Korea Amid Antitrust Pressure
Kim Jisun 2025.07.16
[Alpha Biz= Kim Jisun] SEOUL, South Korea – July 15, 2025 – Google will launch YouTube Premium Lite in South Korea by the end of t ...

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Major Korean Banks Suspend Mortgage Applications via Loan Brokers Amid Tighter Lending Regulations
Kim Jisun 2025.07.14
[Alpha Biz= Kim Jisun] Seoul, July 14, 2025 — South Korea’s major banks are suspending new home mortgage applications submitted th ...

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Korea Deposit Insurance Corporation to Begin Sale of KRW 1 Trillion Stake in Seoul Guarantee Insurance
Paul Lee 특파원 2025.07.14
[Alpha Biz= Paul Lee] Seoul, July 11, 2025 — The Korea Deposit Insurance Corporation (KDIC) has initiated the process to sell a 33 ...