Busan welcomed more than 1.02 million foreign tourists in the first quarter of this year, surpassing the 1 million mark faster than ever, as the southern port city emerges as a fast-rising tourist destination in Asia. The Busan Metropolitan Government said Friday that the speed with which the number of international visitors exceeded 1 million was the fastest since the city began tracking foreign tourist arrivals in 2014, surpassing last April’s record by a month. By nationality, Taiwan led with 208,984 visitors, accounting for about 20 percent of the total, followed by China with 197,958, Japan with 130,217, the United States with 81,437 and Vietnam with 44,352. Visitors from the Philippines, Hong Kong and Indonesia rounded out the top eight, a spread the city said reflects growing market diversification, putting it on track for its goal of drawing 5 million foreign visitors by 2028. Foreign tourist spending in the first quarter also rose to 235.5 billion won ($159.4 million), up 26.4 percent from the same period last year. The city credited the growth to expanded maritime tourism thro
Busan draws over 1 mil. foreign tourists in Q1 at record pace
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Busan welcomed more than 1.02 million foreign tourists in the first quarter of this year, surpassing the 1 million mark faster than ever, as the southern port city emerges as a fast-rising tourist destination in Asia. The Busan Metropolitan Government said Friday that the speed with which the number of international visitors exceeded 1 million was the fastest since the… Read more: Busan draws over 1 mil. foreign tourists in Q1 at record pace - Embattled conglomerate leaders forgo salariesHanwha Group Chairman Kim Seung-youn and SK Networks Honorary Chairman Choi Shin-won have joined the trend of Korean conglomerate leaders serving without compensation. These moves come in the wake of harsh criticism of themselves and their companies, though both conglomerates described the renouncement as an expression of willingness to fulfill social responsibilities. Starting this month, Kim stopped receiving his salary… Read more: Embattled conglomerate leaders forgo salaries
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