Busan News

BUSAN- In a strategic move, Busan Metropolitan City, in collaboration with the 'Busan Digital Asset Exchange Establishment Committee', has unveiled plans to establish the Busan Digital Asset Exchange. This initiative was conceptualized last December when the city formed the committee comprising of private sector experts. The proposal is based on insights and suggestions received from the committee. Busan's Vision: To be a Blockchain Pioneer by 2026 Busan Metropolitan City is poised to transf

BUSAN - FLY ASIA 2023, the vanguard start-up exhibition of Asia, returns with an enhanced agenda, championing partnerships across premier Asian entrepreneurial cities, cultivating shared progress and inventive dynamism. Busan, pulsating with innovation, unveils the next chapter of FLY ASIA 2023, scheduled from October 5th to 8th at BEXCO's luminous second exhibition hall. This sequel builds on the momentum of its forerunner, surmounting the confines of the metropolitan-centric start-up framewor

Busan, South Korea - The monumental project to establish the Seobusan Medical Center has taken a significant leap forward. On September 18th, 2023, the City of Busan officially announced the foundational plans for the construction of the medical center. A pivotal business briefing is set to take place on September 25th at 2:00 p.m. at the Saha-gu District Office to select preliminary negotiating parties. The foundational project plan encapsulates the essence of the project. This includes adjust

BUSAN- The 28th Busan International Film Festival (BIFF), one of Asia's most prominent film events, has officially unveiled its robust program for this year. Spanning from October 4th to 13th, the festival will showcase a diverse array of films across 25 screens at venues including the Busan Cinema Center, CGV Centum City, LOTTE CINEMA Centum City, and LOTTE CINEMA Daeyoung. Key Information: * Dates: Oct 4 (Wed) – 13 (Fri), 2023 * Screening Venues: Busan Cinema Center, CGV Centum City, LOTTE

BUSAN - Busan, the mesmerizing coastal city renowned for its harmonious fusion of urban vibrancy and untouched nature, recently brought the spotlight to its iconic Galmaetgil trails through the 'Walking Together' events. Spanning 9 distinct routes and 23 sections, and covering an impressive 278.8 kilometers, the event unfolded from September 15th to November 30th. However, the marquee event, 'Walking Together on Galmaetgil,' reached its capacity far sooner than anticipated. As a consequence, ma

The MICE (Meetings, Incentives, Conventions, and Exhibitions) industry in Busan, once heralded as a beacon of growth, is now confronting pressing challenges. The very foundation of MICE's competitive advantage stems from 'sustainability'. This ideally would be accompanied by the creation of an industrial ecosystem. However, BEXCO, a central player in this field in Busan, has been rather engrossed in generating stable revenue by relying on the city of Busan, rather than fostering local industries

Busan, South Korea's emerging financial powerhouse, is set to spotlight its burgeoning financial infrastructure on an international platform in London, long recognized as the global nexus of finance and investment. The "Invest K-Finance: London IR 2023" conference, slated for September 13th at the Royal Lancaster London Hotel, promises to be more than just an event. For those unfamiliar, Investor Relations (IR) plays a pivotal role in corporate management, bridging the communication between com

BUSAN - Plans for the construction of a new building for Haeundae District Office in Busan, which will replace the aging structure built in the 1980s, have made significant progress. The project has successfully passed the Centralized Investment Review, paving the way for a smoother progression. The Haeundae District Office recently revealed that it will undergo the final design service presentation next month and aims to begin construction by January of the following year. The Local Financial

In the dynamic landscape of the Korean Basketball League (KBL), cities are continually being reshaped by the movement of major teams. A wave of relocations has transformed the KBL over recent years, and Busan is the latest city to be impacted. Only two years after the KT Sonicboom left Busan for Suwon in Gyeonggi Province, Busan is set to welcome another top-tier basketball team. The decision comes after the KBL witnessed other significant relocations in 2021: the KT Sonicboom's move and the ac

Busan, South Korea – Busan, South Korea's second-largest city, is poised to be the focal point for major domestic and international corporations and investors on the hunt for promising startups this September. The Busan Metropolitan City announced the two-day event 'BOUNCE 2023', scheduled for September 7-8 at the Busan Eurasia Platform and Busan Workation Hub Center. Online pre-registration for this event is open until September 1. Event Highlights: BOUNCE 2023 * Dates: September 7-8, 2023

The city of Busan convened the "Busan Metropolitan City Children’s Complex Cultural Space Creation Committee" yesterday (August 23rd) and announced the selection of 12 additional sites for the 2023 Deullaknallak initiative. * What is Deullaknallak? Deullaknallak is a family-friendly space designed within a 15-minute living radius where children can enjoy book services, immersive digital content, media art, and more alongside their parents. It aims to boost children’s creativity and imagination

BUSAN - Busan City announced that they will be offering the "2023 Second Half Ocean Healing Program" every weekend from September 2nd to October 29th. This unique marine tourism initiative will take place in seven of the city's beaches, as well as in the Suyeonggang River's Naru Park and the Yeongdo Amir Park. The Ocean Healing Program, set against the picturesque backdrop of Busan's seas and rivers, aims to promote mental relaxation and physical health. It has rapidly gained popularity, with a