Archive page 139

The city of Busan has announced that it is offering drastically reduced sale prices and extended payment deadlines for the development of the Saha-gu's Dadae Incinerator site, which is one of the city's long-term development projects. The sale of the site, which was auctioned twice last year but was unsuccessful, will be closely watched. The Dadae Incinerator site has been appraised at 30.3 billion won in 2018, but it rose to 42.47 billion won in April last year. The appraised value has increas

The "medical school black hole" phenomenon is causing concern in Korea as it is resulting in a shortage of talent in other fields. This trend refers to the increasing number of science and engineering students being drawn to medical schools. The recent college entrance exam results have shown that this trend is intensifying, with more students dropping out of their acceptance to attend medical school. This year, 29.5% (1,343) of successful applicants to top universities like Seoul National Univ

South Korea's love for high-rise apartments is growing at an astonishing pace, with the country's total area of building permits for high-rise buildings with 30 floors or more reaching 16.65 million square meters in 2022, marking the second consecutive year of expansion. A recent study by the Ministry of Land, Infrastructure, and Transport also revealed that eight of the top 10 skyscrapers in the country are located in Busan, a popular coastal city. However, various researches conducted globall

The Ministry of Oceans, Maritime Affairs, and Fisheries(MOF) has announced the 'Fishing Village Destinations of March' for tourists looking to explore Korea's natural and cultural heritage. Daedo Village in Hadong-gun, Gyeongsangnam-do, and Ijak Village in Ongjin-gun, Incheon are selected for their natural beauty and vast tidal flats. Daedo Fishing Village, situated on Daedo Island, offers visitors an array of activities such as fishing, sightseeing, and walking along the coastal promenade with

Busan City has announced the implementation of a new certification system that calculates and certifies the amount of greenhouse gas reduction resulting from tree planting programs sponsored by companies and organizations. The “Greenhouse Gas Reduction Contribution Certification System,” which is the first of its kind in the country, aims to recognize and incentivize companies and organizations that voluntarily engage in tree planting programs to reduce their carbon footprint. Certificates will

Busan City has selected four residential areas as preliminary candidates for the second year of the "Happy Challenge" project. The selected areas are Dong-gu (Jwacheon-dong and Bumil-dong), Buk-gu (Mandeok-dong), Saha-gu (Sinpyeong-dong and Jangnim-dong), and Sasang-gu (Gwaebeop-dong and Gamjeon-dong). The Happy Challenge project is a city revitalization initiative launched by the Busan Metropolitan City government. The project aims to create a unique 15-minute city in Busan, where citizens can

Several South Korean shipbuilders are facing delays in production due to a shortage of workers. As a result, local governments are offering unconventional subsidies of around 10 million won (approximately $8,500) to attract more laborers this year. Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and Samsung Heavy Industries, three of the country's biggest shipbuilders, are experiencing delays of up to two months based on dockyard plans. While the number of orders is increasi

The Korea Tourism Organization has released its recommended places to visit in March under the theme of "Travel with Music". Music has the power to move people's hearts, and it becomes even more magical in travel destinations. These recommended destinations offer romantic spaces that will leave visitors with memories as warm as the sunshine in spring, when everything is revitalized. The six best places to visit in March are: * 'HiKR Ground' in Jung-gu, Seoul, where you can feel like a K-pop s