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News
Standard Construction Cost Under Sales Price Cap Rises 4.07%... Reflects Increased Safety Investments [Real Estate AtoZ]
6+ hour, 28+ min ago (285+ words) Published 14 Sep.2026 11:00(KST) The standard construction cost, which serves as the basis for setting apartment sales prices under the sales price cap system, will increase by 4.07% after just two months. For a housing unit with an exclusive area of 85 square…...
Outstanding Overdraft Loan Balance at Banks Nears 70 Trillion Won... Over 14 Million Won per Account
6+ hour, 34+ min ago (334+ words) Published 14 Sep.2026 10:54(KST) The outstanding balance of bank overdraft loans has increased by more than 6 trillion won from January to July this year, approaching 70 trillion won. This is the largest amount since the end of 2021, when a stock market boom…...
Iran and Oman Postpone Last-Minute Meeting on Temporary Route Through Hormuz Strait
10+ hour, 59+ min ago (263+ words) Published 14 Sep.2026 06:29(KST) Updated 14 Sep.2026 07:34(KST) Badr Albusaidi, Oman’s Minister of Foreign Affairs, announced around 11 p.m. on the 13th via X (formerly Twitter), “In order to reach an agreement, we are postponing the regional meeting that was scheduled to take place…...
Ko Youngchul Elected President of the Association of Asian Confederation of Credit Unions
8+ hour, 17+ min ago (218+ words) Published 14 Sep.2026 09:11(KST) Ko Youngchul, President of the National Credit Union Federation of Korea, has been elected as the new chairperson of the Association of Asian Confederation of Credit Unions (ACCU). According to the National Credit Union Federation of Korea…...
Small Enterprise and Market Service and Busan Join Hands for Comprehensive Small Business Support
9+ hour, 33+ min ago (186+ words) Published 14 Sep.2026 07:54(KST) The Small Enterprise and Market Service announced on September 14 that it will sign a work agreement with the Busan Metropolitan City to establish an integrated governance system to support small businesses. In a joint effort to enhance…...
Chairman Baek Duyang of Bethel Saemaeul Geumgo: "We Will Become a Reliable Financial Partner for the Local Community"
8+ hour, 21+ min ago (309+ words) Published 14 Sep.2026 09:07(KST) "We will become a reliable financial partner for the local community. We will establish our cooperative as one trusted by our members, a source of pride for our staff, and a beloved institution within the region." Baek…...
"I'll Take the Perfect Travel Shot for You"... Thailand's 'Paid Friend' Service Gains Popularity at 40,000 Won per Hour
20+ hour, 56+ min ago (175+ words) Published 13 Sep.2026 20:32(KST) An unusual service called 'paid friend,' where individuals temporarily hire companions by paying an hourly fee, is gaining popularity in Thailand. According to market research firm Euromonitor, single-person households made up 29.5% of all households in Thailand last…...
79% of Office Workers Support Introduction of "Presumptive Employee System" for Platform Workers and Freelancers
1+ day, 3+ hour ago (179+ words) Published 13 Sep.2026 14:02(KST) As the number of workers in new forms of employment such as platform labor and freelancing continues to grow, a recent survey found that 8 out of 10 office workers support the introduction of the "presumptive employee system." The…...
"Dividend Payouts of 40 Million Won Before Their First Birthday"...'Baby Shareholders' Put Ordinary Workers at a Disadvantage
1+ day, 6+ hour ago (420+ words) Published 13 Sep.2026 10:55(KST) Updated 13 Sep.2026 13:39(KST) The number of minors who reported more than 20 million won in annual financial income such as interest and dividends has surpassed 1,600. According to a report by Yonhap News on September 13, quoting data submitted to…...
Lee Hyungil: "Active Fiscal Policy Needed... Can Be Harmonized with Sustainability"
1+ day, 9+ hour ago (209+ words) Published 13 Sep.2026 08:02(KST) Lee Hyungil, nominee for Deputy Prime Minister for Economic Affairs and Minister of Economy and Finance, stated on the 13th, "While fiscal sustainability is important, it is also necessary for fiscal policy to play an active role in…...