YEOSU, Nov. 11 (Korea Bizwire) — Tourists visiting the southwestern port city of Yeosu exceeded 10 million in number for the first time in three years following the onset of the COVID-19 pandemic. 10.3 million people had visited major tourist destinations in the city as of late October, according to the city government. After reaching [...]
YEOSU, May 3 (Korea Bizwire) — Late Samsung Group chief Lee Kun-hee’s private real estate in the southern city of Yeosu, South Jeolla Province, is gaining spotlight as his family members have decided to donate artwork and real estate back to the public. In February 2005, Lee purchased some 21,000 square meters of land near [...]
YEOSU, Oct. 22 (Korea Bizwire) — A group of fishermen in the southern port of Yeosu are strongly protesting against an offshore wind farm project, claiming that it would devastate the region’s fishing zones, while menacing their right to live. The Ministry of Trade, Industry and Energy recently approved the offshore wind farm project consisting [...]
SEOUL, Apr. 17 (Korea Bizwire) — Chemical companies are alleged to have colluded with air pollutant measurement firms to manipulate data on emissions of fine dust, the environment ministry said Wednesday. A total of 235 chemical factories located in the Yeosu industrial complex were found to have plotted with four measurement agencies in rigging data [...]
SEOUL, Nov. 27 (Korea Bizwire) — BASF, the world’s leading chemicals company, has expanded its production facilities in South Korea to meet growing demand in the domestic and Asian markets, the company said Monday. The German chemicals company has just started operation of a new electronic materials plant in Yeosu, 455 kilometers south of Seoul, [...]
GWANGJU, Feb. 24 (Korea Bizwire) – Shinhan Air is introducing Korea’s first airplane tour Saturday, with departures from Yeosu Airport for a view of the Dadohae waters that are part of the Dadohae Haesang National Park. Operating a Cessna Caravan 208B, Shinhan will offer ten tour sessions daily, each lasting roughly 30 minutes, for 59,000 won [...]
YEOSU, Aug. 11 (Korea Bizwire) – Korea’s leading financial services group, Mirae Asset Group, has formed a consortium with Britain’s Castlepines Corporation, an international equity fund, to invest 1 trillion won ($911 billion) to acquiring Gyeongdo Island, off the coast of Yeosu, and develop it into a next generation tourism hub in Korea. In this 70-30 investment [...]
YEOSU, March 31 (Korea Bizwire) – The city of Yeosu in Jeonnam Province has announced the launch of new two-story tour buses after the sun goes down, starting in April. The European two-story buses were adopted in July 2015 to enrich tourism in Yeosu. Ever since, the buses have become one of the city’s main attractions, as [...]
SEOUL, June 23 (Korea Bizwire) – Among the top 10 richest cities in 2025 in terms of GDP per capita, Hwaseong (4th), Asan (5th) and Yeosu (9th) in Korean were included in a report from McKinsey & Company. Recently, CNN Money posted a story titled “These cities will be very rich in 10 years”, quoting the study conducted by [...]