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Hot Stories

Shinsung ST Co., Ltd. Marks Its Return to Busan with a Strategic Investment

Shinsung ST Co., Ltd. is set to invest KRW 46.3

Busan news

South Korea’s Path to Inclusive Redevelopment

The reliance on homeowner associations to spearhead redevelopment efforts introduces

Sustainability

Busan Proposes Shift to Weekday Mandatory Closure Days for Major Supermarkets

Under the current regulations governed by the Distribution Industry Development

Busan news

Busan Hosts Global AI Bootcamp

The event is open to all citizens, with registration available

Busan news

Busan Launches South Korea’s First Personal Mobility-Transit Discount Program

The program is aligned with Busan's "Busan Public Transport Innovation

Busan news
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What was it like to live in Busan in the 1980s and 1990s?  Here’s what Busan looked like in the 80s and 90s.

South Korea has demonstrated incredible economic growth and global integration over the last four decades to become a high-tech industrialized economy. GDP per capita in the 1960s was comparable to levels in poorer African and Asian countries.  The 1990s were a turning point in South Korean history. The country was ruled by a nonmilitary government led by a civilian president, who liberalized the country. Korean pop music was transformed with a burst of creativity and intensity that foreshadowed the rise of Kpop. People wanted a better life and more leisure/luxury, so the consumer sector boomed. 

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