Celebrating Seollal, the Lunar New Year, in old Korean fashion

Celebrating Seollal in old Korean fashion

Saturday, January 25, 2014 – 13:41

Julie Jackson

The Korea Herald/Asia News Network

SEOUL – Seollal, the Lunar New Year, is one of the most celebrated holidays in Korea: It is not only a time to pay respects to one’s elders and ancestors, but is also an opportunity to spend time with family and friends to celebrate the New Year immersed in tradition. With the colorful hanbok (traditional Korean costume) and the traditional food and folk games, Seollal gives people the chance to experience some real Korean culture.

Whether it be traveling to the countryside to reunite with extended family or staying in the city to relish the time off work or school, Seollal can be a great opportunity to immerse oneself in traditional Korean culture; and for those looking to get off the couch and usher in the Year of the Horse by doing something different from the usual weekend dinner and a movie, there is an endless number of events in Seoul and surrounding areas that offer visitors opportunities to celebrate the holiday.

Visitors dressed in a hanbok will receive free admission to the five major historical palaces (Gyeongbokgung, Changdeokgung, Changgyeonggung, Deoksugung and Gyeonghuigung), the royal shrine (Jongmyo) and royal tombs, as well as qualify for discounts at a number of museums throughout Korea.

As it does every year, Gyeongbokgung Palace – Seoul’s largest palace and the main palace of the Joseon Dynasty for more than 500 years – will organise a number of Seollal events during the holiday weekend for locals and foreigners, ranging from cultural performances to folk games. The most common folk games at the palace grounds include jegichagi (Korean hacky sack), tuho (arrow ring toss) and neoltwiggi (seesaw).

The National Folk Museum of Korea is currently holding an exhibition in tribute to the Year of the Horse. The “Horse, a Vigorous Gallop” exhibition features some 60 works of art including literature and various artifacts that depict horses in Korean culture and history. The exhibition will run until Feb. 17.

Aside from the regular programs of winter kite flying and learning to perform Korean traditional dance and music, the Namsangol Hanok Village located in central Seoul will be celebrating the New Year with fun for friends and family alike. During Seollal, international visitors can enjoy a lesson on the proper procedures of “charye” – a Korean New Year’s ceremony honoring the past four generations of ancestors of one’s family – as well as experiencing a presentation of charyesang (table setting for the ancestral worship ceremony). Visitors will also have opportunities to try out fortune writing and rice cake preparation, and to learn to sing Korean folk songs.

Seoul Namsan Traditional Theater, located in the hanok village, will also be offering special New Year hands-on activities, with hanbok costumes available for guests to try on.

The village will also provide traditional Korean kites. Flying a kite on Seollal is symbolic of wishing away bad fortunes and wishing for a prosperous new year. The special Seollal events will run from Jan. 30 to Feb. 2.

For those looking to venture a short distance outside Seoul city limits, the Korean Folk Village in Yongin, Gyeonggi Province, is a perfect place to wander around outdoors: The dirt paths cut through some 300 traditional houses in the large, sprawling village. While walking around, guests can view folk paintings, learn to fly traditional colorful kites and participate in talisman or fortune writing and hang the papers up for good luck.

The events take place every day until Feb. 2 with admission costing 15,000 won for adults and 10,000 won for children. All visitors wearing hanbok will get a 50 per cent discount off admission.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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