Busan News

Busan, South Korea – In a major move to alleviate urban constraints and stimulate the local economy, Busan city administration has announced a comprehensive review of its long-standing urban planning regulations. This initiative is poised to significantly impact various aspects of city life, from housing and leisure to healthcare and employment. The push for regulatory reform comes in response to persistent requests from residents and basic local governments (BLGs) for more lenient urban planni

Busan, South Korea – The city of Busan and online fashion platform Musinsa have unveiled a heartwarming photo shoot titled "Hip Busan," featuring a group of vibrant senior citizens, in celebration of Parents' Day today. The project, capturing the theme "Youth of Today," features five senior residents whose stories of perseverance and style are setting new standards for what it means to embrace life at any age. The "Hip Busan" event began as a campaign to collect stories from residents over the

In a distressing development for Busan's construction sector, two mid-sized firms, Iksoo Construction and Namhung Construction, have declared bankruptcy, marking a deepening liquidity crisis within the industry. This is the first time such significant failures have occurred among the top 20 comprehensive construction companies in the region, highlighting a severe industry-wide downturn that began last year. Namhung Construction and Iksoo Construction have succumbed to financial instability with

In Busan, having failed to attract the Expo, a major redevelopment project at North Port was poised to transform the old industrial waterfront into a vibrant commercial and residential hub, heralded to become a benchmark for global urban redevelopment. Launched with high expectations, the project gained notable attention when President Yoon Suk-yeol declared his commitment to making it a "world-class success story" during a town meeting in February. However, a recent audit by the Board of Audit

Busan, South Korea – The city of Busan is set to host the 2024 Dopamine Enthusiast Festival, promising a spirited escape from the stark realities faced by today's youth. Scheduled for May 4-5 at the Young Creatives Hub on the third floor of the BNK Busan Bank Art Cinema in Sinchang-dong, Jung-gu,  this annual festival has quickly become a cornerstone of youth culture in the region. This year's theme, "2024 Jakdang Festa: Dopamine Enthusiast(deok-hu)": The Cheerful Saviors," reflects the festiva

BUSAN, May 2, 2024 - The Nakdong Estuary Eco Center in Busan reopens its doors tomorrow after extensive renovations. Located within the Eulsukdo Ecological Park, the center aims to enhance visitor engagement through improved educational and conservation practices. The reopening ceremony is set for 4:00 PM today at the Eco Center’s entrance. Key figures including Busan's Mayor, representatives from the Cultural Heritage Administration, and environmental officials will be in attendance. The event

BUSAN, April 30, 2024 - The vibrant city of Busan is set to host two coffee industry events: the 2024 World of Coffee and the World Barista Championship. These events, jointly organized by the city and the Specialty Coffee Association (SCA), will take place at BEXCO from May 1 to May 4, 2024. For the first time in Asia, the World of Coffee will showcase the largest coffee industry and service exhibition. Featuring participants from 70 countries, the event will host 250 companies presenting thei

Busan, South Korea – In a colorful showcase of family fun and local tourism, the city of Busan has announced the return of the Baby Shark Festival, set to take place from May 4th to 6th at the Hialeah Lawn Square in Busan Citizens Park. Following last year's success, this marks the second iteration of the event, stemming from a 2022 collaboration agreement with global family entertainment brand Pinkfong. This year's theme, "May in Busan: A Family of Sharks Gathers in the Sea," promises a deligh

The Museum of Contemporary Art Busan is set to unveil a groundbreaking venture on May 3, blending commerce and art with the opening of its museum shop located in the museum’s first-floor lobby. The shop, which will feature items designed to enhance the connection between the museum’s exhibitions and its visitors, will be accompanied by the "Kung" exhibition, which will run until December 29, 2024. The museum shop aims to transform how art is experienced by situating it within the routine transa

Busan, April 24, 2024 - In a strategic move to transform into a global business epicenter, Busan city today hosted a pivotal seminar at the Busan City Hotel Convention Hall, drawing key stakeholders and experts to outline the city’s future as a Global Hub City. The seminar featured prominent figures, including James Kim, President and CEO of the American Chamber of Commerce in Korea (AMCHAM), and various local government and business leaders. The seminar, titled "Busan Global Hub City Creation,