Busan News

BUSAN, SOUTH KOREA – In an ambitious move to bolster regional tourism, the Korea Tourism Organization (KTO) in partnership with Busan city announced on July 2, that a series of pilot projects will be launched to extend the city's tourism ecosystem from the Haeundae and Osiria tourist complexes in East Busan, to West Busan and beyond into the South Coast area. The disparity in tourism between the East and West regions of Busan is evident from various statistical data. A review of the most popula

Busan is one step closer to its aspiration of designating the Nakdonggang River as a national garden, following the creation of the city's first and the nation's largest local garden along the Nakdonggang River bank in Samnak Ecological Park. The Busan Metropolitan Government announced today that it has registered and publicized a riverfront area of 2.5 million square meters in Samnak Ecological Park as the first Nakdonggang River Local Garden in Busan. This land is state-owned and is located w

The City of Busan has announced that United Insurance Brokers (UIB) and LINA One have been chosen to set up their operations at the Busan International Finance Center (BIFC). This major step is aimed at bolstering the city's financial landscape amidst challenging global economic conditions. The decision follows a comprehensive selection process that began in June, seeking suitable foreign financial institutions for the new D-Space located on the 63rd floor of the BIFC. The selection process, wh

The city of Busan has announced plans to host the Asian Startup Expo "FLY ASIA 2023" from October 5th to 8th, aimed at supporting promising startups in attracting investment and expanding overseas through connections and collaborations between leading startup cities in Asia. The Expo will take place at the second exhibition hall of BEXCO for four days. The inaugural Asian Startup Expo, held last year, was intended as a launching pad for startups across Asia to rise together under the slogan "Co

In the heart of Busan, South Korea, an experiment in participatory democracy is unfolding. It is an experiment that is as novel as it is inspiring, and it takes place every Saturday inside the office of Assemblyman Park Soo-young. Intrigued by this unique democratic process, I made a personal visit to experience it firsthand. A New Brand of Politics As the Member of the National Assembly representing Busan's Nam-gu district, Park Soo-young is a charismatic leader whose approach to politics is

The city of Busan has announced the official launch of the basic and implementation design services for the 3rd Hwangryeong Tunnel road opening project. The project kickoff meeting took place yesterday at 10 AM in the city hall conference room on the 20th floor. The 3rd Hwangryeong Tunnel project, stretching a total length of 4.11 kilometers, is an ambitious road construction plan worth KRW 3.696 trillion. This new infrastructure aims to connect the Shinli intersection in Yeonsan-dong, Yeonje D

BUSAN, SOUTH KOREA - In an ambitious bid to stimulate growth and innovation in the financial industry, the City of Busan convened a high-profile meeting involving stakeholders from both the public and private sectors. The meeting, held at the Avani Central Busan, was a landmark moment for the region's financial future, marking the launch of the Busan Financial Industry Promotion Plan. The event was attended by a diverse range of representatives from the financial community, including Mayor Park

In a bid to alleviate the talent shortage among local enterprises and provide job opportunities for foreign students, the City of Busan has announced the commencement of a 'Foreign Student Job Fair.' Scheduled to take place at 1:30 pm on 20th July at the Busan Port International Exhibition & Convention Center (BPEX), the job fair aims to facilitate the settling of foreign students in the region. This job fair is connected with the 'Regional Outstanding Talents (F-2-R),' a pilot project currentl

Busan City is ready to disrupt the public transportation landscape with the nationwide first-of-its-kind integrated discount system called the "Dongbaek Pass". Slated for launch on August 1st, the Dongbaek Pass stands as a significant lead project among the 12 tasks in the three sectors of the "Busan-style Public Transportation Innovation Plan" unveiled in March. The innovative Dongbaek Pass scheme allows locals to use their Dongbaek prepaid transportation card as a regional currency card. Comm

South Korea is taking substantial steps to improve its education system and produce globally competent citizens. A pivotal initiative in this endeavor is the "Special Zones for Education Globalization". Under the "Special Act on the Designation, Operation, and Development of Special Zones for Education Globalization", these zones are conceived as hotbeds of innovative education policies. They are especially centered around fostering global competitiveness and regional development through educat

Busan, South Korea – The city of Busan announced that it would co-host the "Korea Southern Coast Cup 2023," an international yacht race, from July 13th to 16th, in collaboration with the provinces of South Gyeongsang and South Jeolla. Celebrating its fourth year, the "Korea Southern Coast Cup" is the longest cruiser yacht race in South Korea, connecting Busan, Tongyeong in South Gyeongsang, and Yeosu in South Jeolla. The three regions collaboratively host this event, aiming to promote a prosper

Busan, South Korea – On July 5th, the city of Busan announced the initial lineup for the 2023 Busan One Asia Festival (BOF), a flagship celebration of Hallyu, the "Korean Wave," that proudly represents South Korea on the international stage. Set to take place on October 21st and 22nd, the festival promises two days of immersive Korean culture and music. The first day will see the Busan Asiad Main Stadium buzzing with energy, as a K-POP concert featuring various artists with passionate internati