After 37 years of use, Kim returns trusty microwave to Samsung with love

For 37 years, a simple microwave made by Samsung Electronics Co. sat in the kitchen of Kim Kyu-won, providing much more than convenience.It was ther...

Mirae Asset chair to donate subsidiary shares to charity

Mirae Asset Group founder and Chairman Park Hyeon-joo will donate a 25% stake in Mirae Asset Consulting Co., the firm at the top of the financial se...

Booyoung Group donates 600 buses to Laos

South Korea’s Booyoung Group donated 600 buses to Laos. According to the group on Thursday, the Chairman of Booyoung Group Lee Joong-Keun, an...

S.Korea to send $130 mn in aid for Ukraine’s reconstruction

South Korea will aid the reconstruction of Ukraine, which is at war with Russia, through loans worth $130 million from the Economic Development Coop...

Amorepacific chairman's 2nd daughter emerges as 3rd-largest shareholder

Amorepacific Group, South Korea’s cosmetic giant, announced on Thursday that Chairman Suh Kyung-bae has donated a 2.5% stake to his second dau...

BTS Forest created in Seoul by fans' donations

“BTS Forest” has been created in Seoul’s Nanji Hangang Park, South Korea’s largest music streaming service Melon announced o...

Hyundai donates medical wearable robot to support rehabilitation

Hyundai Motor Co. donated on Wednesday two medical wearable robots to Asan Medical Center in the south of Seoul for "gait rehabilitation robot thera...

SPC supports vulnerable communities in New York

South Korea's major food company SPC Group has taken steps to improve its brand image in the United States by offering baking training and food dona...

Samsung Chairman Jay Y. Lee pledges more anonymous donations

“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...

S.Korean firms offer aid to earthquake-stricken Turkey

South Korean companies are joining the international effort to aid Turkey in the aftermath of a devastating earthquake.Doosan Group announced on Wed...

KOICA donates Celltrion's Herzuma to Ukraine

Celltrion Healthcare Co. said on Monday that Herzuma (ingredient name: Trastuzumab) was dispatched to patients in Ukraine by the Korea International...

Samsung Global Goals app rakes in over $10 million in charity 3 years after launch

Samsung Electronics Co. on Monday said Samsung Global Goals, a charity app for the company's Galaxy smartphones and devices, exceeded $10 million in...

KT&G completes elementary school in Laos with employee donations

KT&G, South Korea's dominant tobacco company,  announced on Monday that along with South Korea's non-profit organization Sharing Culture &a...

MBK chairman to donate $10 mn to Metropolitan Museum

Michael ByungJu Kim, founder and chairman of MBK Partners, has pledged $10 million to the Metropolitan Museum of Art in New York (the Met), the muse...

Lotte Group to donate $10.4 mn to KAIST to build R&D, design centers

Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute of Science and Techno...

Exhibition: Samsung heir’s donation of Lee Jung-seob works

The late Samsung Group chairman Lee Kun-hee was an avid arts collector.Though the business magnate did not mention names, it was easy to guess who h...

Giving away patents not in line with capitalist society

WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...

MBK chair says philanthropy, writing are equally important in his life

Michael ByungJu Kim, founder and chairman of Korea’s largest private equity firm MBK Partners, will donate 30 billion won ($26 million) to the...

Donations from Lee Kun-hee's collection: From national treasures to Western masterpieces

The Samsung Group heirs' announcement that they will donate some 23,000 pieces of art and cultural artifacts collected by the late Chairman Lee Kun-...

Samsung heirs to donate nearly $3 bn in cash, art

The Samsung Group heirs announced on Wednesday their donation of 2 trillion won ($1.8 billion) worth of art from the collection they inherited from ...

Samsung heirs likely to donate over half of Lee's art collection

Samsung Group heirs, including Samsung Electronics Co. Vice Chairman Jay Y. Lee, have tentatively agreed to donate more than half of the late Lee Ku...

Founder of Korea’s top delivery app Baemin to donate over half his wealth

Kim Bong-jin, founder of South Korea’s top food delivery app Baedal Minjok, or Baemin in short, has committed to donating more than half of hi...

Kakao founder commits to donate over half his wealth

To leave the world a little bit better – a line from the American poet Ralph Waldo Emerson’s poem What is Success and the status message...