Builders account for fifth of bankrupt firms

http://www.asiamedia.ucla.edu/article-eastasia.asp?parentid=53187

Variety, a U.S.-based entertainment news media, said it would publish a daily newsletter covering Korea's biggest film festival held in the southeastern coastal city of Busan this year. The Pusan International Film Festival, or PIFF, has grown at a rapid pace in recent years. Variety's decision to publish a daily during the festival (Oct. 12-20) marks the elevated stature of PIFF as one of the top film festivals in Asia because it releases dailies for three top film festivals only -- Cannes, Berlin and Toronto.

While I read this article, I was proud to my hometown Busan. PIFF became the most popular Asian Film Festival. Every year it is held very successfully. The PIFF plaza is in the Nampo-dong, at the festival season that place is so crowded. But I have not gone there so this year I will participate in this event. I hope the PIFF will be the first film festival.