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Busan's Aspiration: Transforming into an Internationally Competitive Financial City
BUSAN, SOUTH KOREA - In an ambitious bid to stimulate growth and innovation in the financial industry, the City of Busan convened a high-profile meeting involving stakeholders from both the public and private sectors. The meeting, held at the Avani Central Busan, was a landmark moment for the region's financial future, marking the launch of the Busan Financial Industry Promotion Plan. The event was attended by a diverse range of representatives from the financial community, including Mayor Park
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Busan to Host 'Foreign Student Job Fair' to Mitigate Local Talent Crunch
In a bid to alleviate the talent shortage among local enterprises and provide job opportunities for foreign students, the City of Busan has announced the commencement of a 'Foreign Student Job Fair.' Scheduled to take place at 1:30 pm on 20th July at the Busan Port International Exhibition & Convention Center (BPEX), the job fair aims to facilitate the settling of foreign students in the region. This job fair is connected with the 'Regional Outstanding Talents (F-2-R),' a pilot project currentl
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Busan Launches Public Transportation Discount System "Dongbaek Pass"
Busan City is ready to disrupt the public transportation landscape with the nationwide first-of-its-kind integrated discount system called the "Dongbaek Pass". Slated for launch on August 1st, the Dongbaek Pass stands as a significant lead project among the 12 tasks in the three sectors of the "Busan-style Public Transportation Innovation Plan" unveiled in March. The innovative Dongbaek Pass scheme allows locals to use their Dongbaek prepaid transportation card as a regional currency card. Comm
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Busan Excels in Education Globalization Initiative: Four Districts Newly Designated as Special Zones
South Korea is taking substantial steps to improve its education system and produce globally competent citizens. A pivotal initiative in this endeavor is the "Special Zones for Education Globalization". Under the "Special Act on the Designation, Operation, and Development of Special Zones for Education Globalization", these zones are conceived as hotbeds of innovative education policies. They are especially centered around fostering global competitiveness and regional development through educat
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Busan, South Gyeongsang, and South Jeolla Collaborate to Host 2023 Yacht Race
Busan, South Korea – The city of Busan announced that it would co-host the "Korea Southern Coast Cup 2023," an international yacht race, from July 13th to 16th, in collaboration with the provinces of South Gyeongsang and South Jeolla. Celebrating its fourth year, the "Korea Southern Coast Cup" is the longest cruiser yacht race in South Korea, connecting Busan, Tongyeong in South Gyeongsang, and Yeosu in South Jeolla. The three regions collaboratively host this event, aiming to promote a prosper
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Busan One Asia Festival 2023 Announces First Round of Performers and Dates
Busan, South Korea – On July 5th, the city of Busan announced the initial lineup for the 2023 Busan One Asia Festival (BOF), a flagship celebration of Hallyu, the "Korean Wave," that proudly represents South Korea on the international stage. Set to take place on October 21st and 22nd, the festival promises two days of immersive Korean culture and music. The first day will see the Busan Asiad Main Stadium buzzing with energy, as a K-POP concert featuring various artists with passionate internati
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Historic Open Event Hall in Busan Set for a Public Makeover
The iconic location, famed for being the former office of the Busan Mayor and a popular filming site for the hit drama "Reborn Rich," will soon undergo extensive remodeling to transform into a vibrant, public cultural hub BUSAN, South Korea – After six months of meticulous planning and architectural design, the city of Busan is finally set to commence remodeling work on the historic Open Event Hall, previously known as the former office of the Busan Mayor, in July. The projected completion by M
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Busan Unveils Mandeok-Choeup (Asiad) Tunnel: A Major Boost for the City's Infrastructure
Busan, South Korea - After decades of anticipation and challenges, the city of Busan is finally inaugurating the Mandeok-Choeup (Asiad) Tunnel on July 1. The tunnel is expected to drastically alleviate traffic congestion, seamlessly connecting Deokcheon-dong in Buk-gu and Geoje-dong in Yeonje-gu. The opening ceremony, scheduled for June 30, marks the successful completion of a project that began in 1994 and faced considerable obstacles over the years. The Mandeok-Choeup (Asiad) Tunnel project b
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Analyzing Busan: A Comprehensive Examination of Demographics and Crime Rates
As South Korea's second most populous city after Seoul, Busan's dynamism stretches beyond its well-known reputation as a bustling port and holiday destination. Comprised of 15 'Gu' (districts) and 1 'Gun' (county), Busan presents a diverse and multifaceted sociocultural tableau, housing over 3.36 million citizens according to the latest statistics. Based on data from 2022 The demographic profile of Busan is dispersed unevenly across its administrative regions. At the helm is the thriving distr
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Three Busan Universities Break Through First Round of Government's Glocal University Initiative
The Ministry of Education has officially announced the preliminary list of universities for its ‘Glocal University 30’ initiative. Out of the 30 local universities slated to receive a significant financial investment of 1 trillion won over the next five years, three universities from the Busan and South Gyeongsang regions have emerged victorious in the first round of selection: Pusan National University, Gyeongsang National University, and Inje University. Pusan National University, in an unpre
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Busan Forms Partnership with Slovenia's Port City of Koper for Stronger Maritime and Economic Collaboration
On the evening of June 22nd, local time, Busan City announced it had signed a Friendship and Cooperation Agreement with Koper City at the Town Hall in Koper, Slovenia. Koper is not only Slovenia's largest port city but also the leading maritime logistics gateway for Central and Eastern Europe. Situated on Slovenia's short Adriatic coastline, Koper's strategic geographical position, convenient rail facilities connected to its port, and non-freezing harbor even in mid-winter have made it the port
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Final Three Confirmed for World Expo 2030 Hosting: Busan, Rome, and Riyadh
The race to host the World Expo 2030 has been narrowed down to a three-way contest between Busan (South Korea), Rome (Italy), and Riyadh (Saudi Arabia). The Bureau International des Expositions (BIE), the governing body responsible for overseeing World Expos, officially confirmed the trio on the 20th. War-torn Odesa, Ukraine, has regrettably been withdrawn from the race. At the 172nd BIE General Assembly, the final three candidates were selected via member nation voting. The selection was based
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