Busan news

Busan, South Korea - Busan has officially opened South Korea's first "Smart Aquaculture Cluster," signaling a significant step in modernizing the country’s fish farming industry. The facility, located at the Ocean Science Research Institute of the National Pukyong University in Gijang-gun, was inaugurated on December

Busan, South Korea - The Gadeokdo New Airport project, long envisioned as a transformative infrastructure initiative, has taken a major step forward. On December 20, in Busan, the city governments of Busan and Ulsan, the provincial government of Gyeongsangnam-do, and the Gadeokdo New Airport Construction Corporation signed a comprehensive agreement.

Busan, South Korea - Busan is advancing its ambitious plan to establish itself as a pivotal hub in the global aerospace industry through the development of a Future Aviation Cluster near Gimhae Airport. On December 18, industry representatives, government officials, and academic experts convened at the Haeundae Homers Hotel for

Busan, South Korea - Busan’s iconic Gwangandaegyo Bridge is set to introduce Korea’s first Smart Tolling System on a locally managed toll road starting February 1, 2025. The new system aims to eliminate the need for drivers to stop or slow down at toll gates, streamlining traffic flow

Busan, South Korea -The Governors Association of the Republic of Korea (GAROK), chaired by Busan Mayor Park Heong-joon, convened its 60th emergency meeting on December 17, 2024, in Seoul. The session brought together the mayors of metropolitan cities and governors of provincial governments to discuss urgent measures aimed at stabilizing

Busan, South Korea – The sharp rise in the U.S. dollar-South Korean won exchange rate has placed significant financial strain on businesses in Busan, particularly those heavily reliant on imported raw materials. According to a recent emergency survey conducted by the Busan Chamber of Commerce and Industry, companies in the