Busan Metropolitan City, Lotte Group and the Ministry of Science, ICT and Future Planning held an opening ceremony for the Busan Center for a Creative Economy & Innovation at BEXCO on March 16, 2015. President Park Geun-hye, Busan Mayor Suh Byung-soo, Minister of Science, ICT and Future Planning Choi Yang-hee, and the CEO of Lotte Group Shin Geok-ho attended the event.
President Park said that she expects the Busan Center to transform the city into a business hub for retail, film, and the IoT. “I believe the Busan Center will bolster the city’s convergence DNA and elevate its global presence,” President Park said in her congratulatory speech. Busan Mayor Suh Byung-soo said, “Lotte’s leadership in the retail and film industries will play a key role in elevating the city’s creative prowess based on abundant infrastructure in the film industry. The IoT project, which includes the city’s own smart city project, could become a new growth engine for the city.”
The newly launched center located in the Centum Green Town in Haeundae, will play three roles: promote more creative marketing in the service industry; create a virtuous circle in the film & visual media industry; and, lastly, foster start-ups based on the “Internet of Things” (IoT).
The City of Busan, Korea’s central government and Lotte Group plan to establish a 230 billion won start-up assistance fund for specialized investment on venture start-ups, film and visual media.
Source: Busan City News
The Latest Haps
A 16-year-old boy was arrested this week on suspicion of stealing 26 bicycles from a military apartment and a high school.
The weekend forecast to begin the holiday week is set to be mostly sunny and warm around the southeastern region.
Busan’s education system will undergo a change for tests for elementary schools starting next year by removing multiple choice test questions from the curriculum.
For six days, fantastic short films from around the globe are back as the 34th Busan International Short Film Festival begins from April 25-30 at the Busan Cinema Center.
This Friday, April 21st, at HQ Bar KSU sees the return of the monthly Ha Ha Hole, Busan’s only live English comedy show.
With the large number of divorces over the past decade in Korea, many divorcees have decided to tie the knot for a second time.
You can win two round trip flight tickets with the “On the Road Busan Travel Stories” competition.
The legendary Kyungsung drinking institution, HQ Bar, will shut its doors this Tuesday with a final blow-out party.
Gorilla Brewing Company has begun offering “Fish and Chips Friday’s” at its brewery in Gwangalli.
A new monthly event at HQ Gwangan combines an afternoon of beach fun in the afternoon and great live music in the evening.
The Hapcheon Hwangmaesan Royal Azalea Festival gets underway for a two week run from April 30th to May 14th.
Popular video documentary team Great Big Stories has a cool little short about Mount Halla in Jeju that’s worth a look.
To meet rising demand for in South Korea, low-cost carrier Jeju Air announced that it will expand its fleet to 32 aircraft by December — the announcement coming after the airline’s 29th aircraft, a B737-800, was delivered to Gimpo International Airport over the weekend.
An official from SPO1, a public corporation in Busan, said it will hold bicycle races every Monday through the month of May.
Three great sailing events spanning 10 days take over the waters around Haeundae Beach beginning April 28th.
Global Gathering International Sports Day 2017 will take place at Norimaru playground in Seomyeon on Saturday, April 22, 2017.