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Games & Commerce

South Korea to raise domestic postage rates by up to 17.5 percent from July

South Korea\'s Postal Service will raise domestic standard mail rates by up to 17.5 percent from next month, pushing the price of a typical letter to 500 won. The Ministry of Science and ICT\'s Postal Service has issued an advance notice of a revision that would increase standard domestic postage by 70 won per item. The new rates will take effect from next month 1 if confirmed after collecting opinions.

Games & Commerce

Korea Post launches \'Saero Bom\' public savings product for financially vulnerable

A Korea Post public savings programme aimed at helping financially vulnerable people build assets and return to financial activity will begin. The Ministry of Science and ICT\'s Postal Service will run the \'Saero Bom Post Office Public Savings\' programme from June 10. Participants who pay at least 30,000 won each month for six months will receive a 500,000 won achievement grant, with an additional 100,000 won available after completing financial literacy education.

General News

Postal Service Agency urges caution over phishing emails posing as post office

South Korea\'s Postal Service Agency said cases have been confirmed of phishing emails impersonating the agency and urged the public to take special care. It said emails sent under names such as the \"Korea Postal Service Agency Delivery Management Team\" direct recipients to an external phishing site designed to look official and attempt to steal personal data and induce payments. The agency said post offices do not request address changes or payments by email.