Archive page 28

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?

South Korea’s economy is slowing, with growth projections downgraded to 1.5% and interest rates cut to 2.75%. As Trump’s trade policies fuel uncertainty, concerns grow over capital outflows, inflation, and a weaker won. Can fiscal stimulus avert a deeper downturn?

Trump introduces the "Gold Card" visa, allowing foreign nationals to buy U.S. green cards for $5M. The EB-5 program is abolished—what does this mean?

South Korea’s life satisfaction is falling for the first time in four years. Despite economic success, rising stress, social isolation, and suicide rates are worsening.

Busan’s student population is plummeting as birth rates hit record lows. Schools are closing, families are leaving, and entire districts face extinction.

Gyeongnam Province lifts 10.92 million sqm of greenbelt for logistics, R&D, and urban expansion. Major projects in Jinhae, Changwon, and Gimhae to drive industrial growth, create 49,000 jobs, and position the region as a key economic hub.

Busan’s science and technology graduates face growing employment challenges, with many struggling to find stable, high-paying jobs. A new BISTEP report highlights alarming trends, including high non-regular employment rates, wage disparities, and a worsening brain drain.