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Suyeong District Tax Office: A National Leader in Tax Revenue

Suyeong District Tax Office: A National Leader in Tax Revenue

The National Tax Service (NTS), the overarching authority for national tax revenue, has a total of 140 tax offices under its jurisdiction, including its headquarters in Sejong City and seven regional tax offices. Each of these tax offices has a unique role to play in the collection of tax revenue

Investing in Busan: A City with Potential and Challenges

Investing in Busan: A City with Potential and Challenges

Busan, located in the southeast of South Korea, is a city known for its rich cultural heritage, stunning beaches, and its position as a hub for business and trade. The city's strategic location provides it with access to the China Economic Zone, Japan Economic Zone, Yellow Sea Zone,

The Alarming Trend of Early Resignations among Young Civil Servants in Korea

The Alarming Trend of Early Resignations among Young Civil Servants in Korea

The trend of young civil servants resigning from their government jobs early The issue of young civil servants resigning from their government jobs early is becoming increasingly concerning. The Public Service Pension Service reports that the number of retirees with three years of service or less has been steadily increasing

Investing in Busan: Opportunities and Challenges for Foreign Investors

Investing in Busan: Opportunities and Challenges for Foreign Investors

Busan, the second largest city in South Korea, is a dynamic hub of economic activity and a popular tourist destination. With a thriving manufacturing and shipping sector, a rich natural resource base, and easy access to major markets, Busan is an attractive destination for foreign investment. However, like any investment

Busan's Drive for R&D Special Zone: A Step Closer to Breaking Ground in 2026

Busan's Drive for R&D Special Zone: A Step Closer to Breaking Ground in 2026

As Busan's vision for a revitalized local economy draws closer, the city is preparing to take an important step towards making it a reality. The Busan Research and Development (R&D) Special Zone project, aimed at building an innovation ecosystem in the shipbuilding and marine industry, is

Korea Leads the Way in High-Tech Development with New Knowledge Industry Centers

Korea Leads the Way in High-Tech Development with New Knowledge Industry Centers

A New Era of Innovation in South Korea South Korea has long been known for its cutting-edge technology and innovative solutions, and now the country is taking a big leap forward with the creation of new knowledge industry centers (KICs). These KICs aim to transform traditional industrial areas into high-tech

Daewoo E&C and DS Networks selected as the preferred bidders for the land near the Busan Gwangandaegyo Bridge.

Daewoo E&C and DS Networks selected as the preferred bidders for the land near the Busan Gwangandaegyo Bridge.

Busan City Gas Co. Ltd. has decided to sell its headquarters building and the land plot of Mega Mart in Namcheon-dong, Nam-gu. The land for sale includes the Mega Mart Namcheon branch (21,889m2), Busan City Gas headquarters (6612m2), Outback (1085m2), and VIPS (1010m2). Busan City Gas. Co. Ltd. owns