SEOUL, Nov. 20 (Korea Bizwire) – Costco Korea, the South Korean arm of the American wholesale giant, plans to distribute more than half of its annual net profits as dividends to its parent company, according to regulatory filings released on November 19. The company reported operating profits of 218.6 billion won for the fiscal year ending [...]
SEOUL, Jul. 11 (Korea Bizwire) – LG Electronics is contemplating supporting an employee’s pledge to donate 1,000 won for each new YouTube subscriber, a commitment that could lead to a contribution of approximately 10 million won this month. According to industry sources on July 10, Choi Jung-hyun, a senior employee at LG Electronics who runs the [...]
SEOUL, Jun. 10 (Korea Bizwire) – In an effort to foster a culture of giving in daily life, LG Electronics announced on June 9 that it will operate Donation Kiosks to enable employees to easily engage in charitable activities. The Donation Kiosks have been installed at the LG Twin Towers, as well as the company’s facilities [...]
SEOUL, May 28 (Korea Bizwire) – As the government plans to increase admissions to medical schools, a major concern raised by the medical community is the shortage of donated cadavers for anatomy lessons, which could undermine the quality of medical education. While promoting body donation is crucial for high-quality medical training, a recent survey revealed that [...]
SEOUL, Feb. 15 (Korea Bizwire) — South Korea has joined a multinational donor group that coordinates financial assistance and reconstruction plans for Ukraine, the presidential office said Thursday. The Multi-agency Donor Coordination Platform for Ukraine (MDCP) was established last year, led by the Group of Seven (G7) nations and involving other donor countries, the European [...]
SEOUL, Feb. 6 (Korea Bizwire) — A rare and culturally significant “sarira,” the remains of a Buddhist monk from Korea’s 14th-century Goryeo Dynasty (918-1392), will return home after more than eight decades in the United States. South Korea’s Cultural Heritage Administration said Tuesday that the Museum of Fine Arts, Boston, one of the three biggest [...]
SEOUL, Oct. 25 (Korea Bizwire) – Smilegate Hope Studio announced the launch of Korea’s first gamified donation platform, Hope Studio, on Tuesday. Hope Studio stands as an interactive platform that brings together partners, donors, and gamers in a collective effort to address societal challenges. This platform seamlessly merges the realms of donation and volunteer activities with [...]
SEOUL, Sept. 15 (Korea Bizwire) — In September 2021, the Overseas Korean Cultural Heritage Foundation, located in Mapo, Seoul, was quietly engaged in fundraising efforts. An anonymous benefactor generously contributed 100 million won, specifying that the funds be used for the preservation and restoration of cultural assets abroad. The name of the benefactor, however, remained undisclosed. [...]
SEOUL, July 5 (Korea Bizwire) — Korean books will be placed in a well-known library in Mexico City famous for its unique architectural design. The Korean Association of Mexico on Monday (local time) announced its plan to launch a project aimed at collecting Korean-related books and donating them to the Vasconcelos Library in Mexico City. [...]
SEOUL, May 21 (Korea Bizwire) —Samsung Electronics’ ‘Sharing Kiosks’ have achieved remarkable success, surpassing the company’s initial goal of 100 million won within two weeks of the campaign’s launch. The kiosks enable employees to contribute 1,000 won automatically using their employee ID cards. As of 5 p.m. on May 17, the donations collected through the [...]