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Busan

Busan's Demographic Decline: A Looming Crisis

Busan, the second largest city in South Korea, is currently facing a critical situation due to several factors, including a persistent outflow of residents, a low birth rate, and an aging population. The current total fertility rate in Busan is 0.8, resulting in a population decline that is cause for concern. The Busan region is particularly vulnerable to this demographic trend, and its future is uncertain. In light of this, the city has acquired a new nickname: "The Old Man and the Sea." This n

Busan

Busan City joins South Korea's RISE program to boost regional higher education innovation

During the "Busan Metropolitan University and Regional Talent Development Support Council" meeting held on March 16 at Busan City Hall, representatives from the Education Office, local universities, the business community, and innovation organizations attended as Busan Metropolitan City shared its intention to participate in the Regional Innovation System & Education (RISE) program, a higher education innovation strategy initiated by the South Korean government. During the meeting, participants

Busan

Busan City Launches Digital Convergence Center to Foster Digital Talent and Support Industry Transformation

Busan City has been selected for the "K-Digital Platform Project" by the Ministry of Employment and Labor. The project includes an investment of up to 3 billion won (about $2.5 million US dollars) over the next five years to create a Digital Convergence Training Center in the city. The goal is to foster digital talent and support the development of digital capabilities, including training professionals in new digital technologies and providing education for residents and employees to adapt to ch

Busan

Busan Steps Up Efforts to Host 2030 World Expo through "G-Busan Roundtable"

On February 15th, the Busan City and the Busan Foundation for International Cooperation had their second regular meeting of the "G-Busan Roundtable" at the Busan Development Institute. The roundtable is a consultative body that acts as a communication channel and advisory role for major internationalization organizations in Busan. In the meeting, they discussed how to win the 2030 World Expo bid and coordinate efforts to pass the Bureau International des Expositions (BIE) inspection in April. Th

Psychology

"Next Sohee" Exposes Labor Exploitation and Emotional Stress in the Korean Workplace

The recently released film "Next Sohee" depicts the tragic story of Kim So-hee, a high school student who worked at a call center in South Korea and ultimately took her own life due to the psychological toll of her job. Directed by July Jung and starring Bae Doona, the movie shines a light on the prevalent issue of labor exploitation and emotional stress in the competitive Korean workplace. Plot Overview Inspired by a real-life story, "Next Sohee" revolves around Kim So-hee, a vocational high

Busan

Busan and Gyeongnam Hold First Meeting to Discuss Administrative Integration

Busan City and Gyeongnam-do Province in South Korea have taken a major stride towards administrative integration, with the inaugural meeting of the Busan-Gyeongnam Administrative Integration Working Committee on February 15th. This development follows formal discussions on administrative integration between the two local governments, which were initiated in October 2022. The committee is composed of eight officials, each director serving as a co-leader. Its objective is to supervise the overall

Sustainability

KOGAS and DNV Assess Hydrogen Blending for South Korea's Energy Transition

KOGAS, the world’s leading importer of liquefied natural gas (LNG), is set to explore the possibility of blending hydrogen with natural gas in its expansive gas pipeline network. The two-year project, which is a joint effort with DNV, will examine the suitability of KOGAS’ 5,000-kilometre-long transmission network for hydrogen blending. DNV will provide technical support and advisory services to KOGAS on the project, including assistance in meeting the requirements of South Korea’s regulatory au

Busan

Korea's Travel Trends in the Post-Pandemic Era: A Deep Dive

The COVID-19 pandemic has had a significant impact on the way people work and travel. As we move towards a post-pandemic world, it is evident that travelers are seeking more personalized, authentic, and diverse experiences. Here, we take a closer look at some of the latest Korea's travel trends. The Rise of Short-Term Stays and Staycations With remote work becoming more popular, people are opting for longer stays of up to a month or shorter stays of 5-6 days. This allows for more personalized