Archive page 109

BUSAN, SOUTH KOREA - In an ambitious bid to stimulate growth and innovation in the financial industry, the City of Busan convened a high-profile meeting involving stakeholders from both the public and private sectors. The meeting, held at the Avani Central Busan, was a landmark moment for the region's financial future, marking the launch of the Busan Financial Industry Promotion Plan. The event was attended by a diverse range of representatives from the financial community, including Mayor Park

In a bid to alleviate the talent shortage among local enterprises and provide job opportunities for foreign students, the City of Busan has announced the commencement of a 'Foreign Student Job Fair.' Scheduled to take place at 1:30 pm on 20th July at the Busan Port International Exhibition & Convention Center (BPEX), the job fair aims to facilitate the settling of foreign students in the region. This job fair is connected with the 'Regional Outstanding Talents (F-2-R),' a pilot project currentl

Busan City is ready to disrupt the public transportation landscape with the nationwide first-of-its-kind integrated discount system called the "Dongbaek Pass". Slated for launch on August 1st, the Dongbaek Pass stands as a significant lead project among the 12 tasks in the three sectors of the "Busan-style Public Transportation Innovation Plan" unveiled in March. The innovative Dongbaek Pass scheme allows locals to use their Dongbaek prepaid transportation card as a regional currency card. Comm

In recent years, the world has been grappling with an escalating food crisis, exacerbated by a host of factors ranging from climate change and extreme weather events to geopolitical tensions and socio-economic disruptions. Amidst these challenges, Ukraine has emerged as a pivotal player on the global food stage. Boasting rich black soils known as 'chernozem', Ukraine has long been dubbed the 'breadbasket of Europe'. However, its significance extends beyond Europe as it is the world's leading exp

SEOUL, SOUTH KOREA - After extended discussions, the Minimum Wage Commission (MWC) of South Korea has decided on a 2.5% increase for the minimum wage in 2024, bringing it to KRW 9,860 per hour, up KRW 240 from this year's KRW 9,620. This growth rate is the second lowest in history, excluding the 1.5% increase in 2021. This means that the long-standing goal of labor circles to reach a KRW 10,000 minimum wage remains unfulfilled. The commission, composed of 26 members, including 8 worker represen

South Korea is currently grappling with an unexpected deluge, the likes of which have not been seen in recent memory. This torrential downpour is having a significant impact on agricultural production across the country, disrupting farming schedules, destroying crops, and causing concerns over food security. The rain has poured relentlessly, flooding fields and drenching farmlands, leaving farmers and consumers alike in a state of worry and uncertainty. Adding to the concern is the threat this

South Korea is taking substantial steps to improve its education system and produce globally competent citizens. A pivotal initiative in this endeavor is the "Special Zones for Education Globalization". Under the "Special Act on the Designation, Operation, and Development of Special Zones for Education Globalization", these zones are conceived as hotbeds of innovative education policies. They are especially centered around fostering global competitiveness and regional development through educat

Busan, South Korea – The city of Busan announced that it would co-host the "Korea Southern Coast Cup 2023," an international yacht race, from July 13th to 16th, in collaboration with the provinces of South Gyeongsang and South Jeolla. Celebrating its fourth year, the "Korea Southern Coast Cup" is the longest cruiser yacht race in South Korea, connecting Busan, Tongyeong in South Gyeongsang, and Yeosu in South Jeolla. The three regions collaboratively host this event, aiming to promote a prosper