• BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP
    BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP
  • Members of BTS arrive on the red carpet for K-Con 2014. AFP
    Members of BTS arrive on the red carpet for K-Con 2014. AFP
  • BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP
    BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP
  • Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty
    Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty
  • BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP
    BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP
  • BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters
    BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters
  • BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP
    BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP
  • BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP
    BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP
  • BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP
    BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP
  • BTS at the Seoul Music Awards on January 15, 2019. Getty
    BTS at the Seoul Music Awards on January 15, 2019. Getty
  • BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP
    BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP
  • BTS perform on Saturday Night Live on April 11, 2019. Getty
    BTS perform on Saturday Night Live on April 11, 2019. Getty
  • BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty
    BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty
  • BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA
    BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA
  • BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters
    BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters
  • BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters
    BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters
  • BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA
    BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA
  • BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters
    BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters
  • BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA
    BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA
  • BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP
    BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP
  • BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP
    BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP
  • BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
    BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
  • BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
    BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
  • BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters
    BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters
  • BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP
    BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP
  • BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP
    BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP
  • V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters
    V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters
  • BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP
    BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP
  • Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters
    Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters
  • BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters
    BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters
  • BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA
    BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA
  • BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters
    BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters
  • BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters
    BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters
  • BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music
    BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music
  • Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg
    Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg

How BTS's 'hiatus' was mistranslated and what it actually means for the K-pop band


Evelyn Lau
  • English
  • Arabic

Fans of BTS were shocked when the K-pop group announced they would be taking a “hiatus” to focus on solo projects in a video that has since gone viral.

The news came just days after they released their three-album anthropology series Proof.

It sparked confusion among adoring followers, known as Army, and pandemonium from financial backers, who saw 28 per cent wiped off the record label's stock price, after the video announcement was published.

The video showed the band's seven members sitting down during their Festa Dinner, an annual fan celebration event, on Tuesday.

However, the entertainment company behind them has insisted the video had been mistranslated.

What did BTS say?

During the one-hour pre-recorded video, members RM, J-Hope, Jin, Suga, Jimin, V and Jungkook reminisced about their time together.

During the dinner, they discussed South Korea’s "idol system", where pop groups are characterised by the highly manufactured star system, and how it made it difficult for individual artists to mature and branch out on their own.

Members also questioned the identity of the group after releasing English tracks Butter and Permission to Dance.

“We have to accept that we’ve changed,” RM says as his bandmates looked on with more serious expressions. “For me, it was like the group BTS was within my grasp until On and Dynamite, but after Butter and Permission to Dance, I didn’t know what kind of group we were anymore.”

At one point, as the band begins discussing their future, Suga speaks and this is where things get tricky.

"We're going into a hiatus now. Should we talk about why we're not doing the Festa or making content?" he asks in Korean, which has been subtitled into English.

It is the word “hiatus” that, according to the band's label, has been unintentionally used in the subtitles provided by YouTube.

Scroll the gallery below to see images from BTS Permission to Dance on Stage concert in Las Vegas.

  • BTS performed a four-day residency in Las Vegas back in April with their Permission To Dance On Stage show. All Photos: BigHit Music
    BTS performed a four-day residency in Las Vegas back in April with their Permission To Dance On Stage show. All Photos: BigHit Music
  • The performances took place in the near-65,000-capacity Allegiant Stadium.
    The performances took place in the near-65,000-capacity Allegiant Stadium.
  • Tickets for all four concerts sold out before they went on sale to the general public.
    Tickets for all four concerts sold out before they went on sale to the general public.
  • The final show on April 16 was live-streamed online.
    The final show on April 16 was live-streamed online.
  • J-Hope during the BTS Permission To Dance On Stage show in Las Vegas.
    J-Hope during the BTS Permission To Dance On Stage show in Las Vegas.
  • Jimin during the concert in Las Vegas.
    Jimin during the concert in Las Vegas.
  • Jin during the show.
    Jin during the show.
  • Jungkook performing as part of the show.
    Jungkook performing as part of the show.
  • RM performing during the concert.
    RM performing during the concert.
  • Suga dancing during the concert.
    Suga dancing during the concert.
  • V performs during the concert.
    V performs during the concert.

Are BTS going on a hiatus?

Hybe, the band's record label, has since told Associated Press that “BTS are not taking a hiatus. Members will be focusing more on solo projects at this time," hinting that the mistranslation has caused major confusion.

So what did the band actually say? According to Ewha Kim of the Korean Cultural Centre in Abu Dhabi, in literal translation, the words mean: “Yes, we are into off time” or “we will have off time”.

However, the word “hiatus” is the one that’s mostly been used to report about the band’s temporary break, with fans worried that this might mean the group will break up.

Since news of the impended "off time", Hybe’s stock has plummeted, with shares falling 28 per cent, reportedly losing $1.7 billion of market value in the first hour of trading on Wednesday.

Perhaps in reaction to the drop in shares, Hybe has since responded by saying that BTS want time to improve as individuals but will continue with group and solo activities, with a stronger focus on individual projects.

The band will continue Run BTS, their Korean variety show, and still have plans to appear and perform on music programmes such as Mnet Countdown and SBS Inkigayo.

Why are they taking a break?

It’s thought that the group’s announcement may be tied to the mandatory South Korean military service as some of the oldest members are nearing the deadline to complete it. Jin's 30th birthday is in December, while Suga turned 29 in March.

In 2020, an amendment was made to change the age limit that men have to complete the service from 28 to 30, however it still did not absolve the boy band from needing to complete it.

Over the last few years, there’s been mounting pressure to exempt the group members from having to complete conscription.

“It’s time to create a system for incorporating popular culture-art figures as art personnel,” said Culture, Sports and Tourism Minister Hwang Hee in May, as reported by the Yonhap news agency.

Hwang said he aimed to push a new law through parliament allowing stars to serve their country outside the military.

“The [exemption] system has been operated meaningfully to give those who have enhanced the national status based on their excellent skills more chances to contribute to the country, and there is no reason the popular art-culture field should be excluded from this,” he said.

“Somebody should be a responsible voice at a time when there are conflicting pros and cons ahead of the enlistment of some of the BTS members.”

Currently exemptions and reduced terms of service are offered to top classical musicians, folk music acts and Olympic medal winners.

It is not the first time that the group has taken time off for themselves.

In 2019, BTS announced an "extended break" from music, where members would be undergoing a period of “rest and relaxation" that would "provide them with a chance to enjoy the ordinary lives of young people in their 20s, albeit briefly". It lasted around one month.

After their Permission to Dance On Stage concerts in Los Angeles last year, the members took time off to rest and get "re-inspired".

Scroll through the gallery below to see BTS at the White House.

  • Members of the K-pop supergroup BTS join White House Press Secretary Karine Jean-Pierre during the daily briefing at the White House. AP
    Members of the K-pop supergroup BTS join White House Press Secretary Karine Jean-Pierre during the daily briefing at the White House. AP
  • BTS members speak during the daily briefing at the White House. AP
    BTS members speak during the daily briefing at the White House. AP
  • Ms Jean-Pierre gestures to group members during the daily briefing. AP
    Ms Jean-Pierre gestures to group members during the daily briefing. AP
  • Ms Jean-Pierre joins BTS members (from left) V, Jungkook, Jimin, RM, Jin, J-Hope and Suga. AP
    Ms Jean-Pierre joins BTS members (from left) V, Jungkook, Jimin, RM, Jin, J-Hope and Suga. AP
  • RM speaks, accompanied by other BTS members, during the daily briefing at the White House. AP
    RM speaks, accompanied by other BTS members, during the daily briefing at the White House. AP
  • A fan of BTS holds up a poster of the band outside the White House. AFP
    A fan of BTS holds up a poster of the band outside the White House. AFP
  • A fan of BTS holds a doll in the likeness of BTS member Jungkook outside the White House in Washington. AFP
    A fan of BTS holds a doll in the likeness of BTS member Jungkook outside the White House in Washington. AFP
  • The Jungkook doll sits at the gates of the White House. AFP
    The Jungkook doll sits at the gates of the White House. AFP
  • Fans hold a BTS poster outside the White House. AFP
    Fans hold a BTS poster outside the White House. AFP
  • BTS members appear at the UN meeting on Sustainable Development Goals during the 76th session of the General Assembly in New York in September. Pool / AP
    BTS members appear at the UN meeting on Sustainable Development Goals during the 76th session of the General Assembly in New York in September. Pool / AP
  • BTS perform at a concert at Jamsil Olympic Park in southern Seoul, South Korea, in Match. EPA / Yonhap Handout South Korea
    BTS perform at a concert at Jamsil Olympic Park in southern Seoul, South Korea, in Match. EPA / Yonhap Handout South Korea
  • BTS members arrive at The Fact Music Awards in Incheon, South Korea, in 2019. AP
    BTS members arrive at The Fact Music Awards in Incheon, South Korea, in 2019. AP
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PROFILE OF STARZPLAY

Date started: 2014

Founders: Maaz Sheikh, Danny Bates

Based: Dubai, UAE

Sector: Entertainment/Streaming Video On Demand

Number of employees: 125

Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners

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'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press

THE SPECS

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Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

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.”

Updated: June 16, 2022, 5:09 AM