Archive page 140

The decision on which country will host the 2030 World Expo hinges on the opening of the Gadeokdo New Airport in Busan. In April, the Bureau International des Expositions (BIE) will conduct a due diligence visit to evaluate the transportation system, with the airport playing a pivotal role in Busan's bid to host the global event. The method and timeline of the airport's construction are the critical issues that the South Korean government needs to address to ensure that the Gadeokdo New Airport

The Ministry of Culture, Sports, and Tourism of South Korea has announced that the National Assembly has passed the amendment to the Promotion of Cartoons Act. This amendment addresses the use of standard contracts and reflects the changing environment of the webtoon industry. The long-awaited amendment to the Promotion of Cartoons Act revises the definition of the webtoon, which now includes various types of web-based comics, and creates a new definition for traditional comics. This change cla

The Ministry of Culture, Sports, and Tourism (MCST) and the Korea Tourism Organization (KTO) have announced the selection of five new "Specialized Night Tourism Cities" in South Korea. This exciting announcement brings the total number of "Night Tourism Specialized Cities" in the country to seven, including Incheon Metropolitan City and Tongyeong City, which were selected in 2022. The five new cities chosen through a competition offer unique and distinctive nighttime experiences to visitors. Th

Busan City has been chosen by the Ministry of Employment and Labor to participate in the 'Customized Job Creation Project for Regional Industries.' The city has secured KRW 9.6 billion in national funding for the initiative and pledged to invest KRW 12 billion, including municipal expenses, to create 2,215 jobs tailored to the local market. This significant investment in job creation offers a promising outlook for the region's economic growth and employment. The 'Customized Job Creation Project

Busan Metropolitan City has announced that it has been selected for the "Local Innovation Project Based on Local Government-University Cooperation," a public offering project by the Ministry of Education. The project aims to help local universities and promote innovation in the region. The "Busan Regional Innovation Platform Project" is a collaborative initiative comprising 81 local innovation institutions, including Busan City, 21 local universities, education offices, companies, and public in

As the manufacturing industry in Korea continues to decline, a number of old industrial complexes have been left outdated and polluting, impacting the growth and development of their respective cities. Busan is among these cities, with many of its old industrial complexes in a state of disrepair and having a negative impact on the city's aesthetics. However, by leveraging creative strategies and taking cues from successful revitalization projects in other cities worldwide, Busan can transform th

Korea's Sinpyeong-Jangnim Industrial Complex, located in the Saha-gu district in western Busan, has been a pillar of the country's manufacturing industry for over four decades. With over 600 companies employing more than 15,000 people, the complex has played a vital role in the local economy. However, with the changing demands of the modern workforce and the rise of knowledge-based industries, the complex has faced challenges adapting to the times. In response, the Ministry of Trade, Industry,

Busan City has announced that it has supported the domestic construction of two small and medium-sized ships over the past two years as part of the 'Small Ship Export Assistance Program.' The initiative, which aims to revitalize the small and medium-sized shipbuilding industry, has generated sales worth KRW 17.2 billion for ship design and equipment companies. The 'Small Ship Export Assistance Program' is a joint effort by the Korea Shipbuilding and Marine Equipment Research Institute(KOMERI),