Korean man's body found in shallow grave

A 28-year-old man has been charged with the murder of a South Korean exchange student in Brisbane.

Police have confirmed Min Tae Kim's body was found in a shallow grave at a house in Dakar Street, Algester in southwestern Brisbane.

Mr Kim, 28, disappeared after he went to exchange $15,000 for South Korean money for his return home. He had posted an ad on the Gumtree website to get a cheaper exchange rate.

Mr Kim left his Cannon Hill share house with his cash to do a deal with an unknown person about 2pm on Monday. His body was found on Thursday.

The 28-year-old South Brisbane man will appear in the Brisbane Magistrates Court this morning.

Police told AAP a second man and a woman who had been assisting police with the investigation were not expected to face charges.

Mr Kim's disappearance comes after 22-year-old South Korean woman Eunji Ban was allegedly bashed to death while walking to work in Brisbane's CBD last month.

The Council of International Students Australia president Thomson Ch'ng said the incidents would rock people's confidence in Brisbane being a safe place to study.

"Two incidents within three weeks is not good for Brisbane and Australia," he told AAP.

"The fact is, international students are important bridges between Australia and the international community and whatever happens here (in Australia), the world is watching."

Det Insp Kemp said it would be very unfortunate if Mr Kim became the second South Korean murdered in Brisbane in less than a month.

"If it is and if he has been brutally murdered, it's a shocking thing for us and a concern for us, most certainly," he said.

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