BTS star Jin starts his mandatory South Korean military duty on Tuesday, becoming the group's first member to enlist since a hiatus announcement this year left fans heartbroken over the K-pop band's uncertain future.
The septet are widely considered the country's biggest cultural phenomenon — selling out stadiums around the world and dominating the charts while raking in billions and building a global legion of fans known as their Army.
But all able-bodied men in South Korea must serve at least 18 months in the military, and while there was a years-long debate about whether BTS deserved an exemption, it was confirmed in October that all members will need to enlist.
Jin — whose full name is Kim Seok-jin — will begin his five weeks of training on Tuesday, the military said.
Yonhap news agency reported the star is expected to be deployed to a "frontline" unit near the border with North Korea, with whom South Korea remains technically at war.
"We ask you to keep your heart-warming words of support and farewell in your hearts," BTS's label Big Hit Music told fans last week, urging them to stay away from the families-only entrance ceremony.
Fans were stunned in June when the group revealed they were going on hiatus, citing exhaustion and pressure, as well as the desire to pursue solo careers.
But analysts said the announcement was strategically timed because of the compulsory military duty.
The group will reunite around 2025, when the seven members have completed their service.
"For a while, it's true that there were many fans who would spend days just crying," said a South Korean fan, who runs the Twitter account @5heterotopia.
Nimah Mustafa, 20, a fan in Dubai, added: "[Jin's absence] will be like a huge ... void for me."
South Korea exempts some elite athletes, such as Olympic medallists and classical musicians, from duty, but pop stars do not qualify.
However, BTS have already benefited from a 2020 revision to the conscription law that raised the enlistment deadline for some entertainers from age 28 to 30.
Jin, the oldest member of BTS, turned 30 on December 4.
'They won't be forgotten'
The seismic changes for BTS in 2022 have sparked feverish speculation among fans and K-pop watchers about what the future holds for the group — will they retain their fame or struggle to revive that success?
Some K-pop stars have struggled to resume their careers after military service in a cut-throat industry where artists are easily replaced.
"For the K-pop industry, the retreat of BTS will be a big deal," Lee Taek-gwang, a communications professor at Kyung Hee University, said.
"During the absence, they could lose public interest, and the decline in popularity will damage their business. It would not be easy for the boy band to reunite."
However, other experts have pointed to the massive success of BTS and said they will be an exception to that trend.
They "obtained another level of popularity, influence and credibility," said Lee Ji-young, a BTS expert and professor at Hankuk University of Foreign Studies.
"So they won't be forgotten by other artists in a highly competitive K-pop industry," she added.
Since their debut in 2013, BTS have been widely credited with doing more than any diplomat or other celebrity to boost the image and soft power of South Korea, today considered a global cultural powerhouse.
They have been invited to speak at the United Nations, and to meet US President Joe Biden at the White House. They are also official ambassadors to bring the 2030 World Expo to Busan, South Korea.
The South Korean government has credited BTS with bringing billions of dollars into the economy.
'Frontline' deployment?
But despite that success, a draft proposal to grant them service exemptions proved too controversial and never made it through parliament.
"In South Korea, the military service is the indicator of egalitarianism... (where) all men are equal," Lee from Kyung Hee University said, adding that it was a "necessary" symbol of citizenship.
Jin will reportedly join a "frontline" unit stationed near the border with North Korea.
"It shows the role of culture, and public opinion, in shaping international affairs. Is this 'frontline' role a combat role, or is it about public relations and media?" said.
Jin bid farewell to thousands of tearful fans in Buenos Aires in October when he performed his new song The Astronaut with Coldplay.
On Monday, he posted a photo of himself with military-style cropped hair on the South Korean social media platform Weverse, with the caption: "It's cuter than I expected".
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The currency conundrum
Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”
Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.
This is a race to the bottom, and everybody wants to be a winner.
UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
STAR%20WARS%20JEDI%3A%20SURVIVOR
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War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
UAE currency: the story behind the money in your pockets
Scoreline
Real Madrid 1
Ronaldo (53')
Atletico Madrid 1
Griezmann (57')
Sunday's fixtures
- Bournemouth v Southampton, 5.30pm
- Manchester City v West Ham United, 8pm
Fighting with My Family
Director: Stephen Merchant
Stars: Dwayne Johnson, Nick Frost, Lena Headey, Florence Pugh, Thomas Whilley, Tori Ellen Ross, Jack Lowden, Olivia Bernstone, Elroy Powell
Four stars
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
if you go
The flights
Flydubai flies to Podgorica or nearby Tivat via Sarajevo from Dh2,155 return including taxes. Turkish Airlines flies from Abu Dhabi and Dubai to Podgorica via Istanbul; alternatively, fly with Flydubai from Dubai to Belgrade and take a short flight with Montenegro Air to Podgorica. Etihad flies from Abu Dhabi to Podgorica via Belgrade. Flights cost from about Dh3,000 return including taxes. There are buses from Podgorica to Plav.
The tour
While you can apply for a permit for the route yourself, it’s best to travel with an agency that will arrange it for you. These include Zbulo in Albania (www.zbulo.org) or Zalaz in Montenegro (www.zalaz.me).
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