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News
Lee Jae-myung Vows "No Retreat on Reform," Slams "Radical Agitation" Within Progressive Ranks
1+ day, 5+ hour ago (470+ words) President Lee Jae-myung declared today (September 12th) on X (formerly Twitter) that he has "never given up on reform," simultaneously issuing a strong warning against internal elements using "radical agitation" to obstruct his reform agenda. Citing a post by Park Tae-hoon,…...
No Golden Chuseok Holiday in 2026: No Substitute Holiday Despite Weekend Overlap
1+ day, 4+ hour ago (325+ words) While many were hoping for an extended Chuseok break in 2026, the four-day holiday from September 24th to 27th will not include a substitute public holiday. Despite Chuseok falling on a Friday (September 25th) and the following day being a Saturday (September 26th), current regulations…...
"Tank Day" Fallout? Local Governments Slash Starbucks Gift Card Purchases Amid Budget Waste Controversy
1+ day, 4+ hour ago (421+ words) The "Tank Day" controversy in May 2026 appears to have drastically cut Starbucks gift card purchases by local governments nationwide, plummeting from a monthly average of 50 million won to 20 million won. Data from Democratic Party lawmaker Park Jung-hyun's office (Daejeon Daedeok),…...
Agriculture Minister Nominee Song Mi-ryung Faces Scrutiny Over 27% Farmland Violations, Vows 'Strict Action on Speculation, Flexibility for Minor Offenses"
3+ day, 6+ hour ago (641+ words) Agriculture, Food and Rural Affairs Minister nominee Song Mi-ryung has announced a comprehensive national survey of farmland revealed a staggering 2.84 million plots, representing 27.0% of all agricultural land, are suspected of violating the Farmland Act. Speaking at a press conference at…...
Unintended Consequences? How a 1.2 Million Won Subsidy for Small Farmers is Reshaping Farmland Rentals
3+ day, 4+ hour ago (615+ words) A new analysis suggests that direct payments to small farmers, intended to support agricultural workers, may actually be shrinking the farmland rental market and incentivizing landowners who don't farm to falsely claim self-cultivation. The Korea Rural Economic Institute, after studying…...
Asset Managers Overseeing ₩2,777 Trillion: Profits Concentrated Among Major Players
3+ day, 4+ hour ago (606+ words) While South Korean asset management firms collectively recorded a net profit of ₩2.6889 trillion in the second quarter of this year, buoyed by a bullish stock market and the expansion of the ETF market, the disparity within the industry has actually…...
Kim Min-seok's '99.99% Seoul Mayoral Election' Comment Sparks Fury from Ruling Party, Seoul City Hall
3+ day, 7+ hour ago (429+ words) Political tensions are escalating today (September 10, 2026) after Democratic Party leader Kim Min-seok was spotted with a notebook containing a list of 'Seoul Mayoral Candidates' and an 'OUT' message. Further inflaming the situation, he stated on 'Democratic Party TV,' "I believe…...
Ulsan Mayor Kim Sang-wook's Alleged Prostitution and ₩20 Million Cheque Scandal Reignites; Civic Groups Demand Investigation
3+ day, 6+ hour ago (408+ words) Allegations of prostitution and illicit financial transactions involving incumbent Ulsan Mayor Kim Sang-wook have resurfaced, fueled by calls from civic organizations for a thorough investigation. Mayor Kim has vehemently dismissed these claims as "senseless incitement," sparking considerable controversy within the…...
Suspected Land Law Violations by 27% of Farmland Owners: Minister Song Mi-ryung Vows 'Strict on Speculation, Flexible on Minor Infractions"
3+ day, 6+ hour ago (641+ words) Agriculture Minister Song Mi-ryung announced a nationwide survey of farmland revealed a staggering 2.84 million parcels, or 27.0% of the total, are suspected of violating the Farmland Act. The minister outlined a 'dual-pronged strategy' during a press briefing at the Sejong Government…...
Ruling Party's 'Seoul Mayor OUT' Memo Ignites Political Firestorm, Sparks Debate Over Judicial Pressure
3+ day, 7+ hour ago (469+ words) A handwritten note by the leader of the ruling party, scribbled with 'Seoul Mayor OUT' and a comment about 'a 99.99% by-election next year,' has sent shockwaves through the political landscape, escalating into accusations of judicial pressure and political maneuvering. The…...