The Prague Post - Two BTS megastars released from South Korea military

EUR -
AED 4.185563
AFN 79.778976
ALL 97.872183
AMD 436.612699
ANG 2.039707
AOA 1045.109951
ARS 1350.865709
AUD 1.748018
AWG 2.05147
AZN 1.947634
BAM 1.951964
BBD 2.301178
BDT 139.286306
BGN 1.953746
BHD 0.42971
BIF 3350.734205
BMD 1.139706
BND 1.464909
BOB 7.875628
BRL 6.336304
BSD 1.139765
BTN 97.694177
BWP 15.207118
BYN 3.729838
BYR 22338.228033
BZD 2.289381
CAD 1.562046
CDF 3278.932603
CHF 0.93804
CLF 0.027805
CLP 1067.015103
CNY 8.183883
CNH 8.188357
COP 4717.879349
CRC 580.953346
CUC 1.139706
CUP 30.202196
CVE 110.408995
CZK 24.790538
DJF 202.548937
DKK 7.459846
DOP 67.641926
DZD 149.982484
EGP 56.568025
ERN 17.095583
ETB 153.286886
FJD 2.560064
FKP 0.842219
GBP 0.841969
GEL 3.1171
GGP 0.842219
GHS 11.68214
GIP 0.842219
GMD 81.491626
GNF 9865.290948
GTQ 8.758789
GYD 239.153218
HKD 8.944677
HNL 29.631883
HRK 7.536418
HTG 149.476938
HUF 402.01973
IDR 18549.846911
ILS 3.977658
IMP 0.842219
INR 97.635551
IQD 1493.014221
IRR 47981.601627
ISK 144.013165
JEP 0.842219
JMD 181.912547
JOD 0.808013
JPY 165.188349
KES 147.600153
KGS 99.667092
KHR 4584.390624
KMF 490.64034
KPW 1025.734961
KRW 1549.452397
KWD 0.348781
KYD 0.949846
KZT 579.855513
LAK 24600.542833
LBP 102117.61393
LKR 340.800337
LRD 226.234886
LSL 20.195804
LTL 3.365254
LVL 0.689396
LYD 6.199765
MAD 10.44541
MDL 19.671605
MGA 5113.858932
MKD 61.539617
MMK 2393.005587
MNT 4080.03899
MOP 9.213417
MRU 45.183618
MUR 52.141757
MVR 17.557111
MWK 1978.529084
MXN 21.72096
MYR 4.825541
MZN 72.883935
NAD 20.196019
NGN 1775.353404
NIO 41.9186
NOK 11.490849
NPR 156.311852
NZD 1.886321
OMR 0.438218
PAB 1.13976
PEN 4.141721
PGK 4.680791
PHP 63.539768
PKR 321.620654
PLN 4.270903
PYG 9095.128338
QAR 4.149382
RON 5.043315
RSD 117.170822
RUB 90.03756
RWF 1618.381827
SAR 4.274521
SBD 9.521515
SCR 16.603585
SDG 684.390415
SEK 10.955015
SGD 1.467217
SHP 0.89563
SLE 25.472384
SLL 23899.054975
SOS 651.375243
SRD 42.422688
STD 23589.60304
SVC 9.972405
SYP 14818.304388
SZL 20.195684
THB 37.295158
TJS 11.294855
TMT 4.000366
TND 3.360707
TOP 2.669308
TRY 44.784274
TTD 7.729743
TWD 34.115914
TZS 3008.822789
UAH 47.355248
UGX 4125.892741
USD 1.139706
UYU 47.346965
UZS 14517.003584
VES 112.794221
VND 29677.93153
VUV 136.229867
WST 3.131886
XAF 654.670591
XAG 0.03119
XAU 0.000344
XCD 3.080111
XDR 0.815339
XOF 652.476625
XPF 119.331742
YER 277.318869
ZAR 20.208518
ZMK 10258.721699
ZMW 28.350665
ZWL 366.98471
  • RBGPF

    1.0400

    69

    +1.51%

  • CMSC

    -0.0200

    22.2

    -0.09%

  • BCC

    1.8400

    88.65

    +2.08%

  • SCS

    0.2250

    10.57

    +2.13%

  • RELX

    -0.6600

    53.03

    -1.24%

  • RIO

    0.3000

    59.31

    +0.51%

  • CMSD

    0.0463

    22.23

    +0.21%

  • NGG

    0.4200

    71.12

    +0.59%

  • JRI

    0.0500

    13.12

    +0.38%

  • RYCEF

    0.1100

    12.06

    +0.91%

  • GSK

    -0.3250

    40.86

    -0.8%

  • BCE

    0.3200

    22.1

    +1.45%

  • VOD

    -0.0300

    9.91

    -0.3%

  • BTI

    0.1100

    47.89

    +0.23%

  • AZN

    0.1300

    73.01

    +0.18%

  • BP

    0.1750

    29.46

    +0.59%

Two BTS megastars released from South Korea military
Two BTS megastars released from South Korea military / Photo: Jung Yeon-je - AFP/File

Two BTS megastars released from South Korea military

The world's most popular boy band is heading for a reunion: K-pop megastars RM and V from BTS were released Tuesday after service 18 months of South Korean military service, prompting a fan frenzy.

Text size:

The seven members of BTS, South Korea's most lucrative musical act, have been on a hiatus since 2022 while they separately undertake mandatory military service, required of all South Korean men under the age of 30.

Hundreds of fans gathered near two army bases just outside of the capital Seoul where band leader RM -- recently named "Favorite K-pop Artist" at the American Music Awards -- and singer V were discharged.

"To be honest, there were many difficult and painful moments. But during my service, I truly felt how so many people were protecting the country in our place," RM told reporters.

V said military service was "a time for me to reset and rebuild both my body and mind".

"Now that I've done that, I truly want to run straight to ARMY as soon as possible," he said, referring to the band's official fandom name.

When asked by reporters what they wanted to do after discharge, both replied, "perform".

"What we want most right now is to perform again," said RM.

"We're working hard on the new album so we can return to the stage as soon as possible."

In total, four BTS members will complete their service this week. Two were discharged last year, and the final member SUGA -- who has been working as a social service agent for alternative non-active-duty service -- will be released later this month.

HYBE, the band's agency, urged fans not to go to the discharge location, citing safety concerns.

"With the safety of both artists and fans in mind, we strongly urge fans not to go to the location in person," the agency wrote on Weverse, its superfan platform.

Despite the warning, dozens of fans gathered outside V's military base, eagerly awaiting the return of their star.

"Honestly, I came here with such high expectations," Yang Ho-hee, 28, told AFP outside the base.

Fans had hung colourful banners to welcome the 29-year-old back to civilian life.

"Taehyung, let's never be apart again," one said, referring to V's real name, Kim Tae-hyung. "I'll follow only you, Taehyung. We are each other's strength," said another.

- Reunion tour? -

Near the bases, on a football field where the newly released BTS members spoke, hundreds of fans from around the world gathered hoping to catch a glimpse of their idols.

"Actually, it's mixed emotions. I feel like I'm crying already," said Arlene Mendoza, a fan from the Philippines.

"I've been travelling to Korea so many times, but this is actually the first time I'll see V."

In addition to the army releases, Friday is so-called FESTA -- a celebration that marks the anniversary of the group's debut and typically draws thousands of global fans to Seoul.

Mendoza told AFP she plans to attend fellow member J-Hope's concert on Friday, plus join other BTS FESTA events.

All the band members signed new contracts with HYBE in 2023, and once SUGA is released on June 21, analysts expect profit-driving reunion activities.

"In the case of HYBE share prices, the current market consensus is seen as not fully reflecting BTS's impact," Lim Soo-jin, an analyst at Daishin Securities, told AFP.

Despite an ongoing police investigation into the company chairman for suspected insider trading and a recent raid by authorities, analysts say HYBE's shares are up, rising by 10 percent over the past week through June 9.

- GDP impact -

Prior to their mandatory military service, the boy band generated more than 5.5 trillion won ($4 billion) in yearly economic impact, according to the Korea Culture and Tourism Institute.

That accounts for roughly 0.2 percent of South Korea's total GDP, according to official data.

HYBE has hinted at a BTS comeback this year, but has also said the members "need time for reflection and preparation".

"Normally, the process goes from song production to album release, then a tour," Lee Jae-sang, CEO of HYBE, told a shareholder meeting in March.

"But since BTS have already become global top-tier artists, we are continuing discussions about their vision and what's next," Lee added.

Outside HYBE headquarters in Seoul, banners from fans read: "Thank you for making even the waiting feel joyful."

The building was wrapped with the slogan "WE ARE BACK", the official logo for the upcoming BTS FESTA.

HYBE shares opened nearly three percent higher Tuesday morning, reaching their highest level in two years.

C.Novotny--TPP