The $500 Ladder — South Korea
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The $500 Ladder

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South Korea archive

Last 30 days

Every South Korea edition still online, newest first. Editions older than 30 days are retired from the site and kept in the local archive.

  1. Edition 004Saturday, 17 October 2026Pattern break

    Korea's largest public developer bars repeat winners from a ₩132,000,000 sculpture call.

    Korea's statutory artwork budget is 연면적 × ₩2,392,000 × a 별표 2 rate, and 「문화예술진흥법 시행령」 제12조제6항 lets a private owner escape it by paying 70% into the 문화예술진흥기금 — but ARKO bars that exit where the owner is the State or a local government, leaving the top-rate 1% buyers legally unable to opt out, publishing calls open to anyone over 19, drawing juries by lot, and barring three-time winners.

  2. Edition 003Saturday, 10 October 2026Pattern break

    Korea's only legal online liquor shop is a brewing licence given away on recommendation.

    Korea's mail-order liquor ban has exactly one door — 「주류의 통신판매에 관한 명령위임 고시」 제3조 lets a 전통주 제조자 with a 직매장 and a 지방국세청장 승인 ship *other* breweries' bottles nationwide — and the licence behind it is granted on a free 전통주산업법 제8조 ministerial recommendation, while 국세청 서면-2021-소비-6643 of 23 Dec 2025 bars every platform from doing the same thing.

  3. Edition 002Saturday, 3 October 2026Pattern break

    ₩20,000 buys the one Korean lodging licence with no residence, nationality or day limit.

    While Korea argues about legalising home-sharing, 한옥체험업 already registers for ₩20,000 with no owner-residence duty, no foreigners-only rule and no 180-day cap — and Seoul pays owners up to ₩180m conditional on someone operating it for five years.

  4. Edition 001Saturday, 26 September 2026Pattern break

    Korea runs four legally binding public-procurement quotas.

    Korea's only missed public-procurement quota is the 8% reserved for firms less than seven years old — 3.06% delivered in FY2025, a ₩8,226,043 million (≈$6.02bn) shortfall — while 국가계약법 시행령 제26조 lets a small enterprise be awarded up to ₩100,000,000 with no competition at all.