innovation center Archives | Be Korea-savvy
Lotte to Play Key Role in Creating Fund Worth 40 bln for Film Industry

Lotte to Play Key Role in Creating Fund Worth 40 bln for Film Industry

SEOUL, Mar. 16 (Korea Bizwire) — Lotte Group, South Korea’s fifth-largest family-controlled conglomerate, will play a key role in creating a fund worth 40 billion won (US$35 million) to help develop the country’s film industry, the presidential office said Monday. Lotte will account for half of the proposed fund while Busan Bank and the Busan [...]