Investigation Launched into 15 Medical Facilities for Fraudulent Practices
Medical facilities that allegedly engaged in fraudulent practices, such as inducing patients to prepay high medical fees after confirming their health insurance status and offering cash or massage coupons as part of a 'payback' scheme, are now under investigation.On August 28, the Ministry of Health and Welfare's administrative investigation team announced that it has referred 15 medical institutions suspected of illegal reimbursements to the police for further investigation.This action marks th
President Lee's Approval Rating Hits Record Low Amid Housing Policy Criticism
이재명 대통령의 직무 수행 긍정 평가가 전주보다 3%포인트 하락한 42%를 기록하며 취임 후 최저치로 떨어졌다. 부정 평가는 취임 후 처음으로 50%를 기록했고, 부정 평가 이유로는 ‘부동산 정책’이 27%로 가장 많이 꼽혔다. 한국갤럽은 28일 이 대통령이 직무를 ‘잘하고 있다’는 응답이 42%로 집계됐다는 결과를 발표했다. 직전 조사인 8월 셋째 주 45%에서 3%포인트(p) 하락한 수치다. 이 조사는 지난 25일부터 27일까지 전국 만 18세 이상 유권자 1001명을 대상으로 조사한 결과다. ‘잘못하고 있다&rsqu
Financial and Construction Support Center Launched to Address Housing Funding Issues
The government is enhancing support for the financial and construction sectors to normalize real estate project financing (PF) and increase housing supply. Starting next month, a dedicated support center will be established to address financial difficulties faced by PF and construction companies, and the government has requested that financial institutions expand funding for new construction projects. On August 28, the Financial Services Commission (FSC) and the Ministry of Land, Infrastructure
Government Expands Financial Support for Non-Apartment Housing Market
The government is expanding financial support to revitalize the sluggish non-apartment housing market. A new policy loan will allow young people to apply a loan-to-value ratio (LTV) of up to 80% when purchasing villas or officetels for the first time.Since the recent rental fraud incidents, the non-apartment market has seen unclear pricing and a decline in transactions. There are concerns that increasing loans to boost demand could lead to significant losses for young buyers if property values d
Yongsan Park Housing Supply: Will New Plans Finally Materialize?
As disagreements continue between the government and Seoul City over housing supply at Yongsan Park, alternative sites in Tancheon and the relaxation of private development density regulations have come to the negotiation table. Given that both proposals have been discussed multiple times in the past, there is keen interest in whether they will lead to actual supply this time.According to the real estate industry on August 27, Seoul City has proposed to the Ministry of Land, Infrastructure and T
Eight in Ten Non-Apartment Transactions Under 85㎡ and 400 Million Won
Approximately 80% of non-apartment real estate transactions in South Korea involve properties with a size of 85 square meters or less and priced at 400 million won or less. In Seoul, transactions meeting these criteria account for about 65% of the total.The real estate information platform Dabang reported on August 27 that, based on actual transaction data from the Ministry of Land, Infrastructure and Transport, an analysis of multi-family housing and officetel sales from January to July 2025 an
Seoul Apartment Prices Rise 0.25%, Southern Gyeonggi Continues Strong Trend
Seoul's apartment prices have increased again after a week, with the rise primarily driven by areas outside Gangnam, such as Gangbuk and Jungnang districts. In contrast, Gangnam has seen a decline for two consecutive weeks, highlighting a disparity in regional trends.According to the weekly KB Apartment Market Trends report released by KB Kookmin Bank on August 27, as of August 24, the national average apartment sales price rose by 0.11% compared to the previous week. The metropolitan area saw a
Homeplus Faces Critical Week Ahead of Restructuring Vote
Homeplus is approaching a critical week as the deadline for approving its restructuring plan nears. The creditors' meeting scheduled for September 2 is expected to be a turning point in determining the company's future. Stakeholders, including creditors and shareholders, will decide whether to support the restructuring plan submitted by Homeplus, marking what is seen as a final hurdle for the company's recovery.According to the retail industry on August 27, Homeplus is seeking approval from publ
Samsung Biologics Shares Drop 3% Following $2.3 Billion Capital Increase for Acquisition
Samsung Biologics is experiencing a decline in its stock price after announcing a capital increase of approximately 3 trillion won (about $2.3 billion) to acquire a Swiss peptide contract development and manufacturing organization (CDMO). Concerns over the dilution of existing shareholders' equity due to the large issuance of new shares are weighing on investor sentiment.As of 9:59 a.m. on the Korea Exchange, Samsung Biologics shares were trading at 1,535,000 won, down 59,000 won (3.70%) from th
Another Fall from Incheon Bridge Leaves Woman Missing
A woman in her 50s has gone missing after falling from the Incheon Bridge.According to the Coast Guard, a report of the fall was received at approximately 12:53 a.m. on the Incheon Bridge in Yeongjong-gu, Unnam-dong.The Coast Guard and military are conducting a search in the nearby waters, but they have not yet located the woman, identified as A. Two Coast Guard vessels and two naval ships are currently involved in the search efforts.Meanwhile, according to the office of Democratic Party lawmake