Wednesday, July 19, 2006

The Korea Times : Big-Name Local Businesses Active in Support for Arts

The Korea Times : Big-Name Local Businesses Active in Support for Arts: "Corporate Sponsors of Arts Suggest Tax Cut


By Seo Dong-shin
Staff Reporter

Businesses have expanded their financial contributions to the arts for three consecutive years, according to a report by the Korean Business Council for the Arts released Wednesday.

Saying the trend reflects the businesses' ``great interest'' in development of art and culture despite difficult business conditions, Park Young-ju, chairman of Eagon Industrial Co. and president of the council, called for tax cuts for such activities."

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