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Stay updated with the latest Busan news, including local events, economy, and culture. Your trusted source for Busan insights.

Busan’s Vision Stumbles Amid Governance Struggles

Busan’s Vision Stumbles Amid Governance Struggles

Busan, South Korea - Busan Metropolitan City has embarked on an ambitious path to establish itself as a global hub for youth and entrepreneurship. From expansive infrastructure projects to startup-friendly initiatives, the city seeks to redefine its identity on both the national and international stages. However, despite these grand ambitions,

How Busan Locals Are Abandoning Nampodong and Gwangbokdong

How Busan Locals Are Abandoning Nampodong and Gwangbokdong

Busan, South Korea - Nampodong and Gwangbokdong were once the beating heart of Busan's commercial and cultural life, attracting both locals and tourists alike. These districts, particularly famous for their vibrant markets like Gukje Market and Kkangtong Market, represented a unique blend of tradition and everyday life in

Busan’s Aging Pipes and the High-Stakes Subway Expansion

Busan’s Aging Pipes and the High-Stakes Subway Expansion

Busan, South Korea - As Busan’s skyline grows and its urban sprawl continues, the city faces a looming crisis underground. Beneath the bustling streets and expanding neighborhoods lies an aging water infrastructure—over 40% of Busan’s water pipes are now more than 30 years old, susceptible to frequent

Busan Must Secure the Maritime Court to Stay Competitive

Busan Must Secure the Maritime Court to Stay Competitive

Busan, South Korea - Recent reports reveal a significant shift in South Korea’s urban hierarchy, with Incheon surpassing Busan economically in terms of GDP. This change raises concerns about Busan’s longstanding position as the country’s second-largest city and a key driver of the national economy. Once considered

Reviving Busan’s Heart: Merging Old Districts for Future Growth

Reviving Busan’s Heart: Merging Old Districts for Future Growth

Busan, South Korea - Busan’s old city districts—Seo-gu, Jung-gu, Dong-gu, and Yeongdo-gu—once thrived as the heart of the city, but now face a grim reality of shrinking populations, aging infrastructure, and economic stagnation. Vacant homes multiply as the population ages, and these districts risk becoming unsustainable without

NinjaTrader Chooses Busan for First Asian Headquarters

NinjaTrader Chooses Busan for First Asian Headquarters

Busan, South Korea - NinjaTrader Group, a U.S.-based financial technology firm known for its derivatives trading platform, has announced that it will establish its first Asian headquarters in Busan, South Korea. This strategic move is a significant step in Busan's efforts to position itself as a

Busan’s Nakdong Estuary Park Moves Closer to National Urban Park Status

Busan’s Nakdong Estuary Park Moves Closer to National Urban Park Status

Busan, October 10, 2024 – In an effort to protect its rich ecological heritage, the city of Busan has officially designated Nakdong Estuary Park as a public urban park. This decision marks a significant step toward establishing the country’s first National Urban Park, encompassing over 5.58 million square meters