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Busan-Ulaanbaatar Air Route to be Launched in March

Busan-Ulaanbaatar Air Route to be Launched in March

SEOUL, Dec. 16 (Korea Bizwire) – South Korea and Mongolia agreed Wednesday to open a direct air route linking South Korea’s second-largest port city of Busan and Ulaanbaatar in March next year. The deal was reached during talks between South Korean Prime Minister Hwang Kyo-ahn and his Mongolian counterpart, Chimediin Saikhanbileg, in the capital city [...]

Busan Firework Festival Ends Successfully

Busan Firework Festival Ends Successfully

BUSAN, Oct. 26 (Korea Bizwire) – More than 1.3 million people gathered at Gwangalli Beach last weekend to marvel at the pyrotechnics of the Busan Fireworks Festival. As the official fireworks viewing zones were expanded to Igidae Cliff and Dongbaekseom Island, the visitors were spread out over a larger area than in previous years. While [...]

Endangered Loggerhead Turtle Rescued

Endangered Loggerhead Turtle Rescued

ULSAN, July 20 (Korea Bizwire) – Ulsan coastguard officers have announced that they rescued a Loggerhead turtle in the East Sea off the coast of Gijang-gun in the city of Busan. The turtle is 93 centimeters in length, between 300 and 350 kilograms in weight, and is estimated to be 100 years old. It was [...]

Busan to Be Transformed into World’s No. 2 Transshipment Port by 2020

Busan to Be Transformed into World’s No. 2 Transshipment Port by 2020

SEJONG, July 14 (Yonhap) — South Korea plans to transform Busan into the world’s No. 2 transshipment cargo port by 2020 by building up infrastructure and streamlining operations, the government said Tuesday. The move could enable the country’s largest sea port to outstrip Hong Kong for the second place slot among the world’s transshipment harbors and place [...]

Busan Lifts Development Restrictions on Songdo Landfill

Busan Lifts Development Restrictions on Songdo Landfill

BUSAN, Jul. 7 (Korea Bizwire) — The city of Busan has changed Songdo Landfill’s development scheme to embrace a ratio of 80 percent residential buildings to 20 percent business-use buildings, from the current ratio of 50 to 50. With the change, buildings of more than 60 floors will be authorized for development at the site [...]