Archive page 27

As North Korea expands its nuclear arsenal and U.S. foreign policy shifts, calls for South Korea’s own nuclear program are growing. But is nuclear armament really the best path forward?

Dwaeji gukbap, once an affordable Korean comfort food, now costs more than a McDonald’s Big Mac set. Rising inflation, ingredient shortages, and labor costs have driven traditional food prices higher, while fast food remains relatively cheap.

With U.S.-China trade tensions rising, Korea seeks supply chain independence. Mongolia’s rare earth minerals, lithium, and renewable energy could be the key to Korea’s AI, semiconductor, and green energy industries. Can Korea bypass China and invest in Mongolia’s future?

Busan is transforming Ibagu-gil into a startup and co-living hub, aiming to break the cycle of past failed revitalization efforts. Can this new approach create a sustainable business ecosystem, or will history repeat itself?

Gadeokdo New Airport is set to redefine South Korea’s aviation landscape, promising a ₩29 trillion ($22 billion) economic boost and over 116,000 new jobs. Positioned as Busan’s gateway to the world, the project aims to challenge Incheon’s dominance and integrate air, sea, and rail logistics.

Ulsan is facing a severe population crisis, with projections showing a decline from 1.09 million in 2025 to 844,000 by 2050. As the city’s workforce shrinks and aging accelerates, concerns grow over economic stagnation, labor shortages, and reduced public services.

Busan is strengthening international ties with Finland through discussions on smart city development, Arctic trade, and economic cooperation. Mayor Park Heong-joon met with Finnish Ambassador Jyri Järviaho to explore opportunities in technology, transportation, and sustainable urban planning.

Is Coupang’s retail empire unstoppable? As e-commerce thrives, Korean small businesses face extinction—or a transformation. Can they adapt in a Coupang-dominated market?