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Busan and Wanda Group to Establish 100-billion Won Movie Fund

Busan and Wanda Group to Establish 100-billion Won Movie Fund

BUSAN, May 20 (Korea Bizwire) – The Busan Metropolitan Government will partner with China’s Wanda Group to raise 100 billion won for use in future Korea-China film productions.  The city revealed Friday that it had agreed on specific investment terms for the joint-production fund with Wanda Group representatives including chairman Wang Jianlin.  Busan mayor Suh Byung-soo [...]

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 [...]