Archive page 138

The rapid urbanization of Korea has led to the construction of numerous new towns in recent decades. However, the development of these new towns has come at a cost, with many facing high vacancy rates and a lack of community engagement. This is particularly evident in the case of Myeongji International New Town in Busan, which has become a cautionary tale of the pitfalls of new city construction. As part of an investigation into the state of urban planning in Busan, this reporter recently visit

Why Korean Journalism Needs to Revisit Its Priorities and Address the Threats Posed by the Use of Algorithms Korean journalism is facing unprecedented challenges today, as the industry confronts the dual pressures of declining revenues and the rise of algorithmic tools that have transformed the way news is produced and consumed. The advent of algorithms and machine learning has led to a surge in the production of news content, but at the cost of accuracy, quality, and credibility. In this edito

The Busan Modern and Contemporary History Museum recently reopened its annex as a humanities complex cultural space that combines museums, libraries, and archives. The opening ceremony was held on March 2, 2023, and was attended by city and district councilors, humanities and cultural organizations, and the general public. The Busan Modern and Contemporary History Museum Annex is a Western-style modern building built in 1929. It was previously the Busan branch of the Oriental Development Compan

Korea Development Bank (KDB) has initiated the sale of the management right of global shipping and logistics company, HMM. HMM's privatization process is expected to proceed quickly, as KDB Chairman Kang Seog-hoon has pledged to expedite the sale of the shipping firm. KDB and the Korea Ocean Business Corporation (KOBC), HMM's largest and second-largest shareholders, have jointly launched the process for appointing advisory companies for the sales deal earlier this week. They plan to receive pro

Hyundai Motor Group's announcement that it will recruit production line workers for the first time in a decade has drawn the attention of tens of thousands of job seekers. The recruitment page on Hyundai's website saw over 30,000 visitors on the first day of applications, causing server slowdowns throughout the day, according to the company. This recruitment drive, which ends on March 12, will see Hyundai hire 400 production line workers in July, the first such hiring spree since 2013. The anno

Korea's Rural Development Administration (RDA) recently celebrated Samgyeopsal Day, also known as Pork Belly Eating Day, by introducing a new addition to grilled pork cuts: the pork head specialty cuts. The RDA has been pushing to increase the value of pork head, which is categorized as a pig by-product, and to promote the consumption of new grilled cuts beyond the popular pork belly and pork shoulder in the United States. The specialty cuts of pork head include six different cuts: occiput, jo

Foreign diplomats representing various countries in Korea, including Singapore, Turkey, and Colombia, recently shared their experiences in public human resource development in Korea during a meeting held by the National Human Resources Development Institute (NHI) at its Gwacheon Global Leadership Campus. The meeting was attended by diplomats from 14 countries, including existing partner countries that have signed business agreements with NHI and participated in foreign civil service training pro

Busan Mayor Park Heong-joon, who was on a tour of three African countries as a special envoy of President Yoon, visited the Republic of Angola on March 1 to seek backing for the 2030 Busan World Expo bid and to strengthen cooperation between the two countries. During his visit to the Republic of Angola, Mayor Park held a meeting with President João Lourenço to discuss ways of strengthening practical cooperation between the two countries and to request support for the 2030 Busan World Expo bid.