Archive page 90

Busan, South Korea — The City of Busan announced today that the Sinpyeong-Jangnim Industrial Complex has been designated as a focal point for "Aged Key Industrial Complex Competitiveness Enhancement" initiative. This initiative is part of a strategic move by the government to strengthen the competitiveness of aging industrial hubs through digitization and eco-friendly transformations. The project aims at reviving the local economy by enhancing the industrial location’s competitiveness. Over the

In the city of Busan, a pressing issue undermines the city’s vibrant life: the unchecked illegal activities of motorcycles, especially those utilized for delivery services. While the city prides itself on its vibrant culture and technological advancements, the disregard for traffic laws by a significant number of motorcyclists poses a threat not only to public safety but also to the peace of local neighborhoods. This concern aligns with a recent announcement from the city, revealing a Traffic Fa

The Ministry of Oceans and Fisheries of South Korea is poised to organize a specialized training event for students of the World Maritime University (WMU) from March 16th to March 23rd. This educational initiative is designed to acquaint future maritime leaders with the nation's pioneering ocean mobility sector and its maritime policy framework. Established under the aegis of the International Maritime Organization (IMO), the WMU is renowned for its advanced maritime education, offering graduat

Busan, South  – In a bold move to create a city where people would choose to live again, the Busan Metropolitan City has announced the commencement of a meticulously tailored "Living Sphere Plan," starting with the Gangdong sphere (Buk-gu, Sasang-gu, and Saha-gu districs) in western Busan. This initiative reflects the city's commitment to accelerating development in western Busan and achieving a balanced urban development between the eastern and western parts of the city. Busan has been proacti

In a landmark move signaling a new era of regional cooperation and prosperity, the cities of Busan, Ulsan, and South Gyeongsang Province have collectively ushered in the second phase of their economic alliance. On March 11th, 2024, at Ulsan City Hall, the trilateral partnership convened for the 2nd Busan-Ulsan-South Gyeongsang Policy Consultation Meeting. This assembly, attended by key regional leaders, including Mayor Park Heong-joon of Busan, Mayor Kim Doo-gyeom of Ulsan, and Governor Park Wan

BUSAN, South Korea — Following Daegu, Busan has emerged as the latest South Korean city facing a distressing surge in unsold housing units, igniting concerns over a deepening real estate market downturn. The Ministry of Land, Infrastructure and Transport's January housing statistics revealed a 12.5% increase in unsold homes in Busan, totaling 3,372 properties. This sharp rise contrasts starkly with Gwangju, which, despite recording the highest national increase rate of 44.3%, has a considerably

To rejuvenate the local economy and promote harmony between large and small retailers, the city of Busan, in collaboration with the Ministry of Trade, Industry, and Energy, hosted a roundtable discussion to announce plans to shift mandatory closure days for major supermarkets to weekdays. The meeting, held in the city hall's video conference room at 2 p.m., saw the participation of key figures including Busan Mayor Park Heong-joon, Minister of Trade, Industry, and Energy An Duk-geun, district ma

In a move to foster technological growth, the city of Busan is gearing up to host the 'Global AI Bootcamp in BUSAN' on March 8th, 2024, at the Busan Big Data Innovation Center. This event, put together in partnership with Busan Techno Park, brings together a notable group of Microsoft's Most Valuable Professionals (MVPs) and top figures in the data and Artificial Intelligence (AI) sectors. It represents a valuable chance for participants to gain advanced knowledge and skills from leading experts