Korean Register Donates 110 Million Won to 11 Busan Schools

Development Funds Go to Schools in Myeongji and Sinho-dong Aimed at Improving Education Facilities and Nurturing Future Talent

Society|
|
By Cho Won-jinbscity@sedaily.com
||
Officials from the Korean Register (KR), including Senior Executive Vice President Choi Won-jun (sixth from right), and representatives of each school pose for a photo at a school development fund presentation ceremony held on the 2nd at KR's headquarters. Photo courtesy of KR - Seoul Economic Daily Society News from South Korea
Officials from the Korean Register (KR), including Senior Executive Vice President Choi Won-jun (sixth from right), and representatives of each school pose for a photo at a school development fund presentation ceremony held on the 2nd at KR's headquarters. Photo courtesy of KR

BUSAN — Korean Register (KR) has donated 110 million won (about $79,000) in development funds to schools in Busan's Gangseo District, where the classification society is headquartered, in an effort to improve local education facilities and nurture future talent.

KR said on the 3rd that it delivered 10 million won each to 11 elementary, middle and high schools in Myeongji International New Town and Sinho-dong in Gangseo District, for a combined 110 million won.

Each school will use the money according to its own needs, including expanding and upgrading education facilities, buying teaching materials and books, supporting athletic and arts programs, and improving student welfare. KR provides school development funds every year so that students near its headquarters can study and prepare for their futures in better conditions.

The company described the donation as a social contribution program aimed at improving local education conditions and growing alongside the community, rather than a one-off sponsorship. Beyond school development funds, KR also runs scholarship programs for elementary, middle and high school students as well as university and graduate students, supports recovery from disasters, and sponsors maritime industry organizations.

"We hope these funds will provide practical help in improving the learning environment for students," said Choi Won-jun, senior executive vice president of KR. "We will continue various social contribution activities to nurture future talent."

Original reporting by Cho Won-jin for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

Watch · Seoul Economic Daily

More →
2:05

AI KEY

Preview
Korean Corporate Intelligence HubKOSPI · KOSDAQ · 12 sectors

A live, cap-weighted view of every KOSPI and KOSDAQ sector, with same-day Korean reporting distilled by company — built for foreign investors, correspondents and analysts who need to scan Korea before the next session.

Korea Company Atlas

Preview
Market Ontology · The Feedback LoopKFTC 2025 · 92 groups · 121,954 articles

An English ontology of the Korean market — how companies, the media, the government and the National Assembly move each other in a loop. Korea's named controlling persons and designated business groups are a mechanism, not a risk to be priced blind.

SIGNAL

Now live
English Edition · Capital MarketsM&A · IPO · PE · Fund Flows

SIGNAL English Edition is live — Korea's deal desk reporting in English. M&A, IPOs, private equity and fund flows, covered daily for global institutional investors. Browse free; subscriber-only scoops at the 50% intro rate.