Archive page 103

BUSAN - In an effort to carve out a niche for itself as a global hub, the coastal city of Busan announced the grand opening of its 61st Art Festival today. The event, the city's premier comprehensive art festivity, is a testament to Busan's burgeoning cultural prowess. Hosted in collaboration between Busan City and the Federation Artistic & Cultural Organization of Busan (FACOB), the festival's grand opening is set to take place at 5 pm in the grand theater of the Busan Citizens' Hall. The ina

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