Lets Go Busan Sports Portal Launch Enhances Access To Local Facilities

BUSAN - In a recent interview with CNBC, Busan Mayor shed light on the city's ambitious plans to host the World Expo, emphasizing its potential in propelling Busan to a global stage akin to Singapore. Drawing parallels with the island city-state renowned for its status as a global hub for logistics, finance, and digital innovations, the Mayor said, "We want Busan to become a global city... while also being a city of tourism and culture." Beyond the cultural and tourism benefits, the Mayor high

BUSAN - As autumn graces Busan, the coastal city is poised to burst into a kaleidoscope of festivities. Every corner of the city, from its expansive seas to the tranquil mountains and rivers, will echo with the jubilant spirit of weekly festivals this October. Busan City, in collaboration with various districts, has unveiled a month-long extravaganza. Ten distinct festivals will beckon residents and tourists, offering a vibrant medley of local delicacies, traditional performances, and contempor

BUSAN - As the South Korean Ministry of Education pushes the envelope of its 'Glocal University 30 Project', Busan strengthens its determination to play a pivotal role in this journey. Today, at the city hall, a comprehensive strategy for the city's involvement was unveiled. Central to this project is the idea of merging the global and the local - blurring boundaries within and outside universities while fostering national and international partnerships. The Ministry’s vision is to uplift 30 re

BUSAN — On September 26, Busan Mayor Park Heong-joon held a constructive meeting with Ho Chi Minh City Mayor Phan Van Mai at the Busan City Hall, outlining various avenues to enhance the bond between the two long-standing sister cities. "Busan and Ho Chi Minh City share a special relationship," remarked Mayor Park. He highlighted the significant presence of Busan-based companies, notably in the footwear industry, operating in Ho Chi Minh City. "Our cities have been actively collaborating across

BUSAN - On September 26th at 10:30 a.m., Busan City held a status report meeting for the 'Glocal University Initiative' at the 7th floor meeting room of the city hall. The conference, presided over by Lee Sung-Kwon, the Director of the Glocal University Support Team and Deputy Mayor for Economic Affairs of Busan City, saw the participation of over 20 representatives from Pusan National University (PNU), Busan National University of Education (BNUE), Busan Metropolitian City Office of Education,

BUSAN — The city of Busan has unveiled plans to lead South Korea's foray into hydrogen train technology with the "Next Generation Busan Train Express (BuTX)" project, which will be significantly driven by private investments. Following the city's announcement of the initiative in March, a participation letter was submitted in June by the "BuTX Express Train Ltd." consortium, led by Hana Financial Group. This was bolstered on September 15th with the submission of a formal proposal for the projec

SEOUL — Recent data reveals a significant influx of high-quality, hot-rolled steel plates from Japanese steel companies into the South Korean market, igniting concerns about the stability of the domestic steel industry. With a devalued yen in play, Japan's steel exports to Korea have surged, offering both quality and price advantages. The Korean steel industry, symbolized by major players like POSCO, is currently facing an existential threat, as high-quality hot-rolled steel plates are being du

Education, often seen as the linchpin of societal evolution, constantly evolves, echoing the rhythm of our dynamically shifting world. Audacious initiatives occasionally surface, aiming to recalibrate educational frameworks for the contemporary student. A prime example is Busan Metropolitan City's recent collaboration with the Sasang District. Together, they are on the brink of redefining educational paradigms by unveiling plans for an Autonomous Public High School. In an announcement today, at

BUSAN- In a strategic move, Busan Metropolitan City, in collaboration with the 'Busan Digital Asset Exchange Establishment Committee', has unveiled plans to establish the Busan Digital Asset Exchange. This initiative was conceptualized last December when the city formed the committee comprising of private sector experts. The proposal is based on insights and suggestions received from the committee. Busan's Vision: To be a Blockchain Pioneer by 2026 Busan Metropolitan City is poised to transf

SEOUL - The rise of the COVID-19 pandemic has not only transformed how we live but also influenced our choices when it comes to travel. In South Korea, a notable trend emerges: the sharp increase in wellness tourism. Triggered by the widespread feelings of social isolation and melancholy during the pandemic, there's been a significant shift towards destinations that offer healing for both the body and mind. Wellness, a concept that intertwines well-being, happiness, and fitness, has seen a rene

South Korea, once hailed as one of the top 10 economies by nominal GDP, has recently witnessed a decline in its global standing. Last year, the country's nominal GDP was provisionally ranked 13th worldwide, failing to secure a spot in the top 10 for three consecutive years. As South Korea confronts the challenges posed by global economic dependencies, the implications of the US Federal Reserve's actions, and its internal structural and energy hurdles, the nation's resilience is once again put to

In a startling revelation, the Financial Supervisory Service (FSS) announced that the recent real estate project financing (PF) scandal involving BNK Kyongnam Bank has reached a staggering 298.8 billion won ($224 million). This marks the most substantial embezzlement in the annals of the Korean financial market, surpassing the previous record involving Woori Bank's scandal last year. The wrongdoer, an employee surnamed Lee, orchestrated this elaborate scheme over thirteen years, from 2009 to Ju