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Busan Boosts Foreign Student Support and Tourism with New Postal Partnership
Busan launches new initiatives to support foreign students and promote tourism through a partnership with the local post office. Discounts on shipping and financial services aim to attract global talent, while custom stamps showcase the city's iconic events like the Busan Fireworks Festival.
3 min read
As Arctic Ice Melts, Busan Moves to Secure Northern Sea Route Role
Busan is positioning itself as a key hub for Arctic shipping as climate change accelerates the opening of the Northern Sea Route (NSR). The city has launched a dedicated task force to develop strategies for integrating into the Arctic trade network.
3 min read
Busan Standardizes Public Facility Designs to Improve Urban Aesthetics
Busan, South Korea – Busan is taking steps to enhance the consistency, safety, and functionality of its urban landscape by introducing standardized designs for key public facilities. Recognizing the challenges posed by inconsistent infrastructure across the city’s districts, officials have developed a unified approach for bus stops, manhole covers, and public signage. This initiative is expected to streamline the city’s visual identity while improving accessibility and safety for residents and v
3 min read
Busan Aims to Strengthen Coffee Industry with New R&D Initiative
Busan, South Korea – February 3, 2025 – Busan City is moving forward with plans to develop its coffee industry by integrating advanced technologies and strengthening its role as a center for coffee-related research and production. The city has been selected for the "Local Industry Collaboration Project" under the Ministry of SMEs and Startups, allowing it to establish a Coffee Industry Ecosystem R&D Cluster in Yeongdo District. The initiative focuses on enhancing research and innovation in the
2 min read
Rising Costs, Loan Cuts Hit Busan Builders
Busan, South Korea - The construction industry in Busan is facing its most severe crisis in recent years as soaring costs, tighter lending policies, and a sluggish housing market place mounting pressure on developers. With construction costs surging by 29% over the past three years and financial institutions imposing stricter loan requirements, small and mid-sized construction firms are being pushed to the brink of insolvency. The wave of bankruptcies among local developers is raising concerns a
3 min read
Busan to Elevate Port Festival with Hallyu Integration
Busan, South Korea – Busan has been selected as a key participant in the 2025 Large-Scale Hallyu Comprehensive Event (Beyond K Festa), a national initiative led by the Ministry of Culture, Sports, and Tourism (MCST). Through this selection, the city plans to integrate Hallyu elements into its annual Busan Port Festival, expanding its appeal to a broader international audience. This initiative aligns with Busan’s ongoing efforts to diversify its tourism offerings and strengthen its presence as a
2 min read