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Fault Lines in Busan’s Housing Market: Polarization and Jeonse Fraud

Fault Lines in Busan’s Housing Market: Polarization and Jeonse Fraud

Busan, South Korea - Beneath Busan’s vibrant urban landscape lies a housing market grappling with mounting pressures. Once regarded as a relatively stable and accessible sector, the city’s rental market is now defined by stark inequalities, rising fraud cases, and systemic vulnerabilities. From the widening gap in housing

Gimhae Invests 218.6 Billion KRW for Carbon Neutrality and Sustainability

Gimhae Invests 218.6 Billion KRW for Carbon Neutrality and Sustainability

Gimhae, South Korea -In a bold move to tackle climate change and build a more livable city, Gimhae has unveiled a sweeping plan to invest 218.6 billion KRW in environmental initiatives throughout 2025. The city’s vision is to transform itself into a leader in sustainability, blending global ambitions

Busan to Transform Dadaepo into World-Class Marine Tourism Hub

Busan to Transform Dadaepo into World-Class Marine Tourism Hub

Busan, South Korea - Busan Metropolitan City is launching an ambitious initiative to transform Dadaepo into a major marine tourism hub, with an investment of approximately 1 trillion KRW. This collaborative project between Busan City, Saha District, and private developer Eltn Construction is poised to create a "complex marine

Busan Introduces Barrier-Free Tax Payment Kiosks

Busan Introduces Barrier-Free Tax Payment Kiosks

Busan, South Korea - As part of its commitment to inclusive and accessible public services, the city of Busan has announced the rollout of barrier-free self-service tax payment kiosks, starting January 7, 2025. These state-of-the-art kiosks aim to enhance the convenience of tax payments for all citizens, including the elderly,

South Korea’s Environmental Policies in 2025

South Korea’s Environmental Policies in 2025

As South Korea strides into 2025, the Ministry of Environment has unveiled a comprehensive suite of policies designed to address the pressing climate and environmental challenges of our time. From enhancing carbon trading mechanisms to providing greater incentives for electric vehicles, these measures underscore the government’s determination to pursue

Busan’s 15-Minute City Policy: Progress or Empty Promises?

Busan’s 15-Minute City Policy: Progress or Empty Promises?

Busan, South Korea - When Mayor Park Heong-joon introduced the 15-Minute City policy in 2021, it was lauded as a bold step toward creating accessible, sustainable neighborhoods. The promise was clear: to design urban spaces where healthcare, education, work, and recreation would be reachable within a 15-minute walk or bike

Busan City Sets Up Memorial for Victims of Jeju Air Tragedy

Busan City Sets Up Memorial for Victims of Jeju Air Tragedy

Busan, South Korea – In response to the tragic Jeju Air crash that claimed 179 lives on December 29, Busan City has established a public memorial at City Hall to honor the victims. The crash, one of the deadliest aviation disasters in South Korea’s history, has led to a nationwide