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BTS Concerts Trigger Hotel Price Backlash in South Korea, Exposing Growing Strains of K-Pop Tourism

BTS Concerts Trigger Hotel Price Backlash in South Korea, Exposing Growing Strains of K-Pop Tourism

(Photo=HYBE) BTS, the seven-member South Korean pop group that became one of the world’s most commercially successful music acts, publicly criticized soaring hotel prices in Busan ahead of the group’s upcoming concerts, thrusting South Korea’s fast-growing K-pop tourism economy into an uncomfortable national debate over price gouging, fan exploitation and the limits of local infrastructure during major entertainment events. The

May 27 2026
09:00 AM PST
Seoul Overpass Collapse Disrupts KTX Network, Exposing Pressure Points in South Korea’s Dense Transit System

Seoul Overpass Collapse Disrupts KTX Network, Exposing Pressure Points in South Korea’s Dense Transit System

(Photo=Pixabay) A partial overpass collapse in central Seoul disrupted sections of South Korea’s high-speed rail network this week, underscoring how heavily the country’s transportation system depends on a tightly concentrated infrastructure corridor running through the capital. KORAIL said it would reduce and reroute multiple train services on Tuesday after demolition work at the Seosomun overpass site triggered a power outage

May 26 2026
11:32 PM PST
South Korea’s ‘Lime Green’ License Plates Become New Target in Luxury-Car Tax Crackdown

South Korea’s ‘Lime Green’ License Plates Become New Target in Luxury-Car Tax Crackdown

Photo=Motorsjason Naver cafe South Korea is intensifying its crackdown on wealthy business owners who use corporate-owned luxury vehicles for personal lifestyles, as authorities increasingly treat the practice as a visible symbol of tax avoidance and hidden wealth. The country’s National Tax Service said it is launching high-intensity tax audits targeting luxury supercars registered under corporate names but allegedly used for

May 26 2026
12:00 PM PST
Nomura Sees Kospi Piercing 11,000 Milestone as AI and Governance Reforms Fuel Supercycle

Nomura Sees Kospi Piercing 11,000 Milestone as AI and Governance Reforms Fuel Supercycle

Photo=Motionelements South Korea’s benchmark stock index could surge past the 10,000 mark to hit 11,000, driven by a powerful earnings expansion and corporate governance upgrades, Nomura Securities said in a report released Monday. The brokerage raised its target range for the Kospi to between 10,000 and 11,000, up from its previous forecast of 7,500 to 8,000. The upward revision reflects

May 26 2026
11:00 AM PST
South Korean Agriculture Ministry Signals Support for Domestic Tea Amid Starbucks Backlash

South Korean Agriculture Ministry Signals Support for Domestic Tea Amid Starbucks Backlash

(Photo=Song Mi-ryung facebook) A growing backlash against Starbucks in South Korea over a promotion tied to one of the country’s most politically sensitive historical anniversaries is evolving beyond a consumer controversy, with South Korean officials now signaling that the dispute could become an opportunity to increase interest in beverages made from domestic agricultural products. The controversy erupted after Starbucks Korea

May 26 2026
10:00 AM PST