'I can even give my grandchildren allowance money': Korea’s plan to pull 340,000 older adults out of poverty

Increasing numbers of older Korean adults are utilizing housing pensions to alleviate financial strain in retirement, with evolving attitudes toward inheritance and proposals for reforms to boost enrollment.

2025-05-16

Sulbing case highlights worsening trademark squatting involving Korean companies

Trademark squatting cases involving Korean companies have surged in recent years. The number of suspicious overseas trademark filings monitored last year reached a record-high 9,249 cases, up 84 percent from the previous year.

2025-04-14

Nonghyup distributes accident prevention supplies in Gangwon

Nonghyup officials distributed accident prevention supplies to farmers in Gangwon as part of a campaign aimed at reducing agricultural accidents.

2024-11-20

The right direction, but discretion is needed

Rationalizing taxes to better reflect current conditions will help the economy as well as people.

2024-06-17

K-content frenzy drives IP rights trade to record surplus

Korea's trade balance in intellectual property rights posted a surplus of $180 million in 2023 on the back of the growing popularity of K-pop and K-content.

2024-03-20

FSS warns $1.85B overseas property investments face delinquency risks

The financial watchdog issued a warning over real estate investments abroad on the back of a slowing property market and a persistently high interest rate.

2024-02-22

Two-track approach is needed for cultural assets

I hope the latest development builds momentum to take a new approach to bringing back our cultural properties overseas.

2024-02-18

FSS intensifies probe into real estate financing as credit risks loom

Korea’s financial watchdog is strengthening its probe into companies connected to real estate project financing (PF) loans to address credit risks.

2024-01-29

FSS issues warning to firms behind struggling real estate projects

Financial regulators have urged financial companies to sell unprofitable property projects and to increase provisioning to prepare for any risks amid concerns about project finance debt.

2024-01-24

'Every penny counts': Home-buyers are ditching realtors to save on fees

Koreans are increasingly opting for direct real estate transactions through online marketplaces, bypassing traditional realtors, in order to save on commission fees.