Page 11 - Suncheon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Several hundreds of people who have regional and school connections with construction tycoon Lee Joong-keun have been paid a surprise financial windfall of up to 100 million won ($77,000) each without any conditions, some of the beneficiaries said Wednesday. Lee, the 82-year-old chairman of construction and real estate conglomerate Booyoung Group, has recently delivered up to 100 million won in cash to each of his ho...

Seoul scraps a centuries-old age-counting system in favour of international standards.

Every household in a small rural village in Suncheon, South Jeolla Province, received cash gifts up to as much as 90.2 million won ($69,000) per household in the past month. The generous donor was Lee Joong-keun, the 82-year-old founder of property developer Booyoung Group, who grew up there in poverty and wanted to express his “thanks to the support of villagers.” According to the conglomerate, all 280 h...

Booyoung Group Chairman Lee Joong-keun gave up to 100 million won ($76,500) each to 280 people in his hometown of Suncheon, South Jeollla Province, the firm said Wednesday.

Sputnik takes a look back at the Korean War, which has technically not ended, owing to the absence of a permanent peace treaty, and which has cast a long shadow over events in the region ever since.