Busan Chamber of Commerce, 131st Quiet Commemoration Ceremony

Determination to Wisely Overcome the COVID-19 Economic Crisis Through Regional Economic Unity

Busan Chamber of Commerce and Industry 131st Anniversary Ceremony.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] The Busan Chamber of Commerce and Industry held its 131st anniversary ceremony on the 16th at 11:30 AM in the 2nd-floor International Conference Hall, with all Busan Chamber staff in attendance.

Since its inception as the Busan Gakju Sangbeophoe in July 1889, it was renamed the Busan Sangmu Hoesik in 1895, the Dongnae Commercial Chamber of Commerce in 1908, the Busan Commercial Chamber of Commerce in 1916, and reorganized as the Busan Chamber of Commerce and Industry in 1931. Since the enactment of the Chamber of Commerce and Industry Act in 1952, it has represented the regional economy as Busan's sole statutory comprehensive economic organization for 131 years.

Unlike last year's large-scale 130th anniversary ceremony celebrated with prominent local figures, this year's 131st anniversary ceremony was conducted quietly with only executives and employees attending, considering the COVID-19 situation and without inviting external guests.

The ceremony included a time for employees to reaffirm their determination to do their best to help overcome the crisis faced by the Busan economy and local companies experiencing unexpected difficulties, as well as an awards presentation for employees who proposed innovative service business ideas for member companies.

Chairman Heo Yong-do said in his commemorative speech, “As this is a critical time when the Busan economy and local companies are experiencing unprecedented difficulties due to the prolonged COVID-19 pandemic, I hope the Secretariat staff will demonstrate their utmost capabilities in resolving corporate difficulties with a strong mindset so that we can wisely overcome the current crisis through unity in the regional economic community.”

Chairman Heo also expressed his determination, stating, “We will ensure that major regional issues such as the ongoing construction of Gadeok New Airport, the attraction of a Busan-style integrated resort, and the bid for the 2030 Busan World Expo achieve tangible results for the future of Busan.”

This content was produced with the assistance of AI translation services.