Donations Archives | Be Korea-savvy
Conglomerates Cut Back on Donations for Second Year

Conglomerates Cut Back on Donations for Second Year

SEOUL, April 2 (Korea Bizwire) – South Korea’s top 10 conglomerates reduced their donations for the second consecutive year in 2017 despite their increased operating profit, data showed Monday. An analysis by corporate tracker Chaebul.com showed the donations by the leading business groups fell 13.3 percent from 2016 to 836.1 billion won (US$786.54 million) last year. [...]

Donors Gift Sanitary Pads to 6,000 Female Students in Busan

Donors Gift Sanitary Pads to 6,000 Female Students in Busan

SEOUL, June 21 (Korea Bizwire) – A total of 6,000 female students in Busan from low-income families will be relieved of the burden of buying expensive sanitary pads, at least for a while. The rising price of feminine hygiene products in Korea has recently become a big issue nationwide. The Busan Metropolitan City Office of Education [...]

Duty-Free Industry Doing the Society Good by Donating

Duty-Free Industry Doing the Society Good by Donating

INCHEON, Korea, Dec 11 (Korea Bizwire) – On December 11, Korea Duty Free Association (President Won-jun Lee, Board of Director of Lotte Duty Free Co. Ltd.) donated 60 million KRW to 20 teenagers at the service of Social welfare Society (President Sang-Cheon Chang). It also contributed 10 million KRW to Social welfare Society for their successful hosting of [...]