Busan News

The MICE (Meetings, Incentives, Conventions, and Exhibitions) industry in Busan, once heralded as a beacon of growth, is now confronting pressing challenges. The very foundation of MICE's competitive advantage stems from 'sustainability'. This ideally would be accompanied by the creation of an industrial ecosystem. However, BEXCO, a central player in this field in Busan, has been rather engrossed in generating stable revenue by relying on the city of Busan, rather than fostering local industries

Busan, South Korea's emerging financial powerhouse, is set to spotlight its burgeoning financial infrastructure on an international platform in London, long recognized as the global nexus of finance and investment. The "Invest K-Finance: London IR 2023" conference, slated for September 13th at the Royal Lancaster London Hotel, promises to be more than just an event. For those unfamiliar, Investor Relations (IR) plays a pivotal role in corporate management, bridging the communication between com

BUSAN - Plans for the construction of a new building for Haeundae District Office in Busan, which will replace the aging structure built in the 1980s, have made significant progress. The project has successfully passed the Centralized Investment Review, paving the way for a smoother progression. The Haeundae District Office recently revealed that it will undergo the final design service presentation next month and aims to begin construction by January of the following year. The Local Financial

In the dynamic landscape of the Korean Basketball League (KBL), cities are continually being reshaped by the movement of major teams. A wave of relocations has transformed the KBL over recent years, and Busan is the latest city to be impacted. Only two years after the KT Sonicboom left Busan for Suwon in Gyeonggi Province, Busan is set to welcome another top-tier basketball team. The decision comes after the KBL witnessed other significant relocations in 2021: the KT Sonicboom's move and the ac

Busan, South Korea – Busan, South Korea's second-largest city, is poised to be the focal point for major domestic and international corporations and investors on the hunt for promising startups this September. The Busan Metropolitan City announced the two-day event 'BOUNCE 2023', scheduled for September 7-8 at the Busan Eurasia Platform and Busan Workation Hub Center. Online pre-registration for this event is open until September 1. Event Highlights: BOUNCE 2023 * Dates: September 7-8, 2023

The city of Busan convened the "Busan Metropolitan City Children’s Complex Cultural Space Creation Committee" yesterday (August 23rd) and announced the selection of 12 additional sites for the 2023 Deullaknallak initiative. * What is Deullaknallak? Deullaknallak is a family-friendly space designed within a 15-minute living radius where children can enjoy book services, immersive digital content, media art, and more alongside their parents. It aims to boost children’s creativity and imagination

BUSAN - Busan City announced that they will be offering the "2023 Second Half Ocean Healing Program" every weekend from September 2nd to October 29th. This unique marine tourism initiative will take place in seven of the city's beaches, as well as in the Suyeonggang River's Naru Park and the Yeongdo Amir Park. The Ocean Healing Program, set against the picturesque backdrop of Busan's seas and rivers, aims to promote mental relaxation and physical health. It has rapidly gained popularity, with a

BUSAN – The largest international advertising festival in Asia, the Busan International Marketing Advertising Festival, will open its doors on August 23. Busan City announced that "MAD STARS 2023" will be held from August 23 to 25 at the BEXCO Convention Hall. Celebrating its 16th year, the festival is organized by the Busan International Marketing Advertising Festival Organizing Committee, with support from the Ministry of Culture, Sports, and Tourism and Busan City. The event is themed 'REBOO

In a major development that underscores Busan's urban landscape ambitions, the Busan Lotte Tower is slated to grace the city skyline as a defining structure by the first half of 2026. According to Lotte Shopping on the 16th, the company is poised to kick off construction, with a groundbreaking ceremony scheduled at the Busan Lotte Tower construction site at 11 am on the 17th. This announcement comes 27 years after acquiring the former site of Busan City Hall located in Jung-gu, Jungang-dong, a

In what has now become a cherished tradition, the Busan Cinema Center is set to host the prestigious 'Busan Craft Beer Masters Challenge' from the 18th to the 20th of this month. This three-day event promises to be a treat for craft beer enthusiasts, celebrating the artisanal flair of Busan's brewing scene. Several craft beer brands from around the region will compete in rigorous evaluations, vying for the coveted title of this year's best brew. Unlike other competitions, the uniqueness of the

BUSAN — In a drive to redefine urban living, the city of Busan has unveiled its selected areas for the second phase of its "Happy Challenge." This ambitious initiative aims to transform neighborhoods into spaces where all essential services are accessible within a 15-minute walk or bike. Busan's municipal government disclosed that the Saha-gu's Shinpyeong-Jangnim living area and the Sasang-gu's Gwaebeop-Gamjeon living area have been designated as the primary living quarters for the Happy Challe

BUSAN, SOUTH KOREA – In an ambitious move to bolster regional tourism, the Korea Tourism Organization (KTO) in partnership with Busan city announced on July 2, that a series of pilot projects will be launched to extend the city's tourism ecosystem from the Haeundae and Osiria tourist complexes in East Busan, to West Busan and beyond into the South Coast area. The disparity in tourism between the East and West regions of Busan is evident from various statistical data. A review of the most popula