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Busan

Why Low-Density Development is Key to Busan’s Sustainable Renewal

Busan, South Korea - Nestled along the slopes of the iconic Sanbok Road, Busan’s hill districts are living monuments to the city’s resilience and cultural heritage. These neighborhoods, shaped by necessity during the Korean War, became refuge for thousands of displaced people. Over the decades, they grew into vibrant communities of terraced homes and narrow alleys, offering sweeping views of the city and harbor below. However, age and time have taken their toll, leaving these areas with aging in

Korea

South Korea Introduces Mobile Foreigner Registration Cards

Seoul, South Korea - Starting January 10, 2025, foreign residents in South Korea can embrace a more convenient and secure form of identification as the government rolls out its new mobile foreigner registration card. In a move that underscores the country’s commitment to digital innovation, the mobile version will offer the same legal validity as the traditional physical card, making it a game-changer for over 2.5 million foreigners living in South Korea. The introduction of the mobile foreigne

Busan

Busan Showcases Innovation at CES 2025

Busan, South Korea - Busan has taken center stage at CES 2025, the world’s largest technology exhibition held annually in Las Vegas. Led by Mayor Park Heong-joon, a delegation of 23 Busan-based companies participated in the global event, showcasing the city’s growing role as a hub for technological innovation and digital transformation. On January 7, a Networking Day event highlighted the city’s efforts to connect local businesses with global investors and buyers. The gathering, which attracted

Busan

LEENO Industrial Begins Construction of Semiconductor Facility in Busan

Busan, South Korea - LEENO Industrial Inc., a manufacturer of semiconductor testing components, has begun construction on a new production facility in Busan’s Eco Delta City. The groundbreaking ceremony, held on January 9, marked an important step forward for both the company and the city as Busan seeks to strengthen its presence in South Korea’s growing semiconductor industry. This development, backed by an investment of 2,000 billion KRW, is anticipated to create around 200 jobs, contributing

Korea

South Korea's K-Food+ Exports Break $13 Billion Barrier

South Korea's culinary prowess has achieved an unprecedented milestone. In 2024, the nation’s K-Food+ exports soared to over $13 billion, marking a 6.1% year-on-year growth and cementing its place as a formidable force in the global food market. This remarkable achievement, spanning agricultural goods and related industries, speaks to more than just economic success; it is a testament to the growing international appetite for Korean flavors and innovation. At the heart of this success lies a co

Korea

Oxford English Dictionary Adds 7 New Korean Words

For decades, the Oxford English Dictionary (OED) has been a linguistic barometer of global cultural shifts, capturing the evolution of the English language with precision. In its latest update in December 2024, the OED once again turned to South Korea, a cultural powerhouse, adding seven new Korean words to its lexicon. From food to familial relationships and traditional arts, these words underline the influence of "K-Culture" on the world stage, marking yet another milestone in the global embra

Busan

Fault Lines in Busan’s Housing Market: Polarization and Jeonse Fraud

Busan, South Korea - Beneath Busan’s vibrant urban landscape lies a housing market grappling with mounting pressures. Once regarded as a relatively stable and accessible sector, the city’s rental market is now defined by stark inequalities, rising fraud cases, and systemic vulnerabilities. From the widening gap in housing prices between affluent and struggling neighborhoods to the growing number of tenants filing leasehold registration orders to protect their rights, the challenges facing Busan’

Local News

Gimhae Invests 218.6 Billion KRW for Carbon Neutrality and Sustainability

Gimhae, South Korea -In a bold move to tackle climate change and build a more livable city, Gimhae has unveiled a sweeping plan to invest 218.6 billion KRW in environmental initiatives throughout 2025. The city’s vision is to transform itself into a leader in sustainability, blending global ambitions with local action to create a greener, more resilient future. At the heart of this initiative is Gimhae’s push for carbon neutrality. From installing solar panels at key facilities to rolling out e