BTS member Jin is set to serve his mandatory military service, the group's management company Hybe has confirmed, one day after he announced a solo project during a concert in Busan.
Jin, who will turn 30 in December, is the oldest member of the record-breaking K-pop group, and will be the first to enlist under South Korea's strict conscription law, which stipulates that all able-bodied men are required to perform 18 to 21 months of military service.
"All other members will also serve mandatory military duty according to their plans," Hybe said in a regulatory filing.
The label tweeted a statement on Monday saying "it's the perfect time, and the members of BTS are honoured to serve".
"Group member Jin will initiate the process as soon as his schedule for his solo release is concluded at the end of October. He will then follow the enlistment procedure of the South Korean government," it said. "Other members of the group plan to carry out their military service based on their individual plans."
This comes after the group said in June that its seven members — Jin, Suga, J-Hope, RM, Jimin, V, and Jungkook — would go on a "hiatus" as they pursue solo work. The news caused widespread alarm among its fanbase, even leading to stocks of Hybe to plummet. Hybe later issued a statement saying that the band would not be going on a hiatus, but that members will simply be focusing more on solo projects.
While not unexpected, the news of military service will still come as a shock to the group's massive global fan base, called Army, who've been hoping BTS would be exempted from serving. South Korean law provides special exemptions for athletes, classical and traditional musicians, and ballet and other dancers who have won top prizes in certain competitions that enhance national prestige.
BTS, without doubt, is one of the country's biggest cultural exports in recent times. They are the first pop group since The Beatles to achieve three No 1s on the US Billboard 200 in a year. In 2019, they were the world’s top-grossing tour group. More than two million fans joined their Love Yourself World Tour of 2018 and 2019, which grossed $170m, according to the Financial Times.
As the biggest grossing K-pop act, some 880 billion won ($615.11 million) in sales were generated by BTS in 2021 alone, about 70 per cent of Hybe's 1.3 trillion won revenue, Hazell Lee, an analyst at NH Investment & Securities, told Reuters.
But past exemptions have triggered a serious debate about the fairness of the system in South Korea. In one recent survey, about 61 per cent of respondents supported exemptions for entertainers such as BTS, while in another, about 54 per cent said BTS members should serve in the military.
Lee Ki Sik, commissioner of the Military Manpower Administration, told lawmakers on Friday that it’s “desirable” for BTS members to fulfil their military duties to ensure fairness in the conscription.
Earlier this month, Defence Minister Lee Jong-sup made almost identical comments about BTS at a parliamentary committee meeting, and Culture Minister Park Bo-gyoon said his ministry would soon finalise its position on the issue.
Serving in the military could well put a stop to BTS's rise. Jungkook, the group's youngest member, is five years Jin's junior. It will be almost a decade before they can all reunite as a group, after they've served their respective military duties.
But there is hope for the BTS Army.
Following the announcement about the members' military duties, Hybe said the group was “looking forward to reconvening as a group again around 2025 following their service commitment."
Several amendments to the conscription law have also been introduced in the National Assembly of the Republic of Korea, although they are yet to be voted on and lawmakers are sharply divided on the matter.
Defence Minister Lee earlier said he had ordered officials to consider conducting a public survey to help determine whether to grant exemptions to BTS. But the ministry later said it would not carry out such a survey.
In August, the defence minister said if BTS members join the military, they were likely to be allowed to continue practising and to join other non-serving BTS members in overseas group tours.
BTS performed a free concert on Saturday in South Korea's southern port city of Busan, which is bidding to host the World Expo 2030.
On Monday, the hashtag #ForeverWithBTS was trending globally on Twitter.
The biog
First Job: Abu Dhabi Department of Petroleum in 1974
Current role: Chairperson of Al Maskari Holding since 2008
Career high: Regularly cited on Forbes list of 100 most powerful Arab Businesswomen
Achievement: Helped establish Al Maskari Medical Centre in 1969 in Abu Dhabi’s Western Region
Future plan: Will now concentrate on her charitable work
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Types of fraud
Phishing: Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
Smishing: The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
Vishing: The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
SIM swap: Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
Identity theft: Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
Prize scams: Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
* Nada El Sawy
The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
Bert van Marwijk factfile
Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder
Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia
Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands
The%20specs
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About RuPay
A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank
RuPay process payments between banks and merchants for purchases made with credit or debit cards
It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.
In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments
The name blends two words rupee and payment
Some advantages of the network include lower processing fees and transaction costs
UAE currency: the story behind the money in your pockets