Archive page 70

Busan, South Korea — The consortium of Dong-A University and Dongseo University has been selected for the 2024 Glocal University initiative by the South Korean Ministry of Education. This initiative, known as "Glocal University 30," is part of a national program aimed at fostering universities with global competitiveness that can drive local economic and social growth. Launched last year with the selection of 10 universities, the program will continue through 2026, ultimately selecting a total

Busan, South Korea – The southern coast of South Korea is set to witness a thrilling maritime spectacle as the 2024 Namhae Cup International Yacht Race launches from Yeosu on August 29. This event, which runs until September 1, is expected to attract top-tier sailors and yachting enthusiasts from around the world, as they navigate the challenging waters that link Yeosu, Tongyeong, and Busan. Co-hosted by the cities of Busan, Tongyeong, and Yeosu, this year’s Namhae Cup marks the fifth iteration

In "Picnic (2024)," a poignant Korean film, a group of elderly friends embarks on a simple outing to a scenic park—a ritual that should be filled with joy and nostalgia. Yet, as they wander through the lush greenery, the cracks in their memories begin to show. The camera lingers on Na Moon-hee’s character as she struggles to recall the names of those she has known for decades. The once vibrant conversations fade into uncomfortable silences, and what begins as a carefree day in the sun becomes a

As South Korea grapples with rising inflation and a slowing economy, signs are emerging that the nation may be on the cusp of a prolonged economic downturn. Nowhere is this more evident than in the restaurant industry, where closures have surged, and businesses struggle to stay afloat. The once-thriving sector, which had been a cornerstone of the country's vibrant social life, is now shrinking under the weight of increased operational costs and shifting consumer behaviors. Recent data reveals a

Busan, South Korea - Busan’s Fisheries Resources Research Institute has set a new standard in sustainable aquaculture by successfully farming Atlantic salmon using a recirculating aquaculture system (RAS). This marks the first time that such a system has been implemented in South Korea, a significant stride towards eco-friendly fish farming practices in the region. The milestone was celebrated with a public tasting event on August 28, 2024, at Busan City Hall, offering the public a first taste o

Busan, South Korea — The real estate market in Busan is facing significant challenges as of August 2024, due to a combination of economic pressures, demographic shifts, and an oversupply of new apartment units. These factors contribute to a complex and uncertain outlook for the city's property market, raising concerns among investors, homeowners, and policymakers. The situation in Busan contrasts sharply with the bullish market trends seen in Seoul, highlighting the divergent fortunes of South K

Busan, South Korea – The City of Busan has announced an update to its transportation policy: starting January 10, 2025, the toll fees for the Baekyang Tunnel will be removed. This decision follows the expiration of the current management contract with the private operator on January 9, 2025, marking the end of the toll collection period. The Baekyang Tunnel, which has served as a crucial route connecting the western and central parts of Busan since its opening in 2001, has long been a toll road

SEOUL, South Korea – South Korea is facing an unprecedented healthcare crisis, driven by a controversial government decision that has thrown the medical community into turmoil and left the nation’s hospitals struggling to maintain essential services. At the heart of this crisis is the government’s poorly planned and hastily executed decision to increase medical school admissions by 2,000 students—a move that has been widely criticized as shortsighted and irresponsible. In an attempt to address