New Sejong Institutes to open amid growing demand for Korean language classes
In 2025, 11 new King Sejong Institutes, named after King Sejong the Great (1397-1450), who created the Korean alphabet Hangeul, will open across nine countries, according to the Ministry of Culture, Sports and Tourism on July 4. With the additions there will be a total of 252 institutes in 87 countries.
In Egypt, where the only KSI in Cairo faced a waitlist of more than 1,200 students, two new centers will open at Ain Shams University and Alexandria University to accommodate learners eager to study Korean for academic, professional, and cultural reasons. The expansion reflects the growing presence of Korean businesses in Egypt, which has increased local demand for Korean language skills for employment.
Uzbekistan, which already hosts seven KSIs, will gain an additional center at Ajou University in Tashkent, responding to rising demand among students preparing for study in Korea and seeking Korean language proficiency for employment opportunities. The country now sends over 12,000 students to Korea each year, the fourth highest after China, Vietnam and Mongolia.
In Asia, new KSIs will open in Kuala Lumpur in Malaysia, Dubai in United Arab Emirates, Shenyang in China, Taipei in Taiwan, and Munoz in the Philippines, while Europe's expanding Korean language demand has led to new centers in Bonn in Germany, Turin in Italy, and Miskolc in Hungary.
In 2024 alone, a total of 210,374 students studied Korean both online and offline at King Sejong Institutes worldwide. This is a significant increase from 2007, when the first King Sejong Institute opened in Ulaanbaatar, Mongolia, with just 13 centers in three countries opening that year, with 740 students.
The ministry said that it planned to gradually expand the number of King Sejong Institutes to more than 350 by 2030 to ensure that Korean language learners worldwide can access classes as demand continues to grow. THE KOREA HERALD/ASIA NEWS NETWORK
Top stories
Swipe. Select. Stay informed.
Singapore CPF members can make housing, retirement and health insurance plans with new digital platform
Singapore From temples to towers: Old memories collide with new money in Geylang
Singapore Clans of Geylang: The fight for survival and revival
Asia Magnitude 5.4 quake shakes south-western Japan islands as temblors continue
Singapore Tan Cheng Bock and Hazel Poa step down from PSP leadership
Life 'I applied to over 300 jobs': What people wish they knew before they got laid off
Asia Dream wheels, Malaysian deals: Singaporean car lovers find affordable indulgence across the border
Asia How a Singaporean heatproofs himself to cope with 40 deg C summer in Chongqing
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Times
3 hours ago
- Business Times
Temasek weighs major overhaul to improve returns
[SINGAPORE] Temasek Holdings is mulling one of its biggest overhauls in years, potentially reorganising the firm into three investment vehicles in a bid to boost returns and efficiencies, according to people familiar with the matter. Under the proposal still being discussed at senior levels, Singapore's state-owned investor could divide its business into three arms. One would focus on Temasek's biggest domestic holdings such as Singapore Airlines, and another would oversee largely foreign investments. A third unit would include all of Temasek's fund investments, said the people, who asked not to be identified discussing a private matter. The move, which remains fluid and subject to change, would fundamentally restructure the 51-year-old investment giant amid rising pressure to deliver higher returns and streamline its operations. While Temasek's net portfolio value hit a record high of S$434 billion as of March 31, its 10-year total shareholder return of 5 per cent – a compounded and annualised measure that includes dividends – just matched that of its larger but more conservative Singaporean peer GIC. It underperformed the MSCI World Index, which returned an annualised 10 per cent in the decade through March 2025. Temasek is currently run in a conventional manner, with different executives responsible for investing across various assets and geographies, such as real estate or China. If the reorganisation proceeds, it would enable key executives to better focus their attention on improving the firm's performance and efficiency, the people said. Temasek didn't immediately respond to a request for comment. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up A shift could be announced in coming months, though the plan could be deployed sooner, the people said. Temasek's new chairman, Teo Chee Hean, is set to start on Oct 9, after joining as deputy chairman in July. Singapore's Formula One Grand Prix in early October, where Temasek typically sponsors a corporate suite, is seen as a good opportunity to explain the changes to partners and stakeholders, one of the people said. Under some of the iterations being discussed, Temasek's investments with external managers such as Avanda Investment Management would be reorganised and potentially placed under Seviora Group – a wholly-owned asset manager that Temasek established in 2020. Seviora currently acts as the holding company for investment units including Fullerton Fund Management, Azalea Investment Management and SeaTown Holdings International. Starting next month, Seviora will be led by Gabriel Lim, a longtime public servant and a former permanent secretary of Singapore's Ministry of Trade and Industry. Lim joined Temasek in October as its joint head of corporate strategy. Temasek, led by chief executive officer Dilhan Pillay, already divides its net portfolio value in a similar manner. Singapore-based Temasek Portfolio Companies, which include most of the local firms, made up 41 per cent of the portfolio as of March. Global Direct Investments accounted for 36 per cent and 'Partnerships, Funds, and Asset Management Companies' stood at 23 per cent, according to comments made during the firm's 2025 review. The move would also elevate several key executives to senior roles overseeing each new unit, the people said. Aside from Seviora's Lim, other executives mooted to run the new divisions include chief financial officer Png Chin Yee, and Nagi Hamiyeh, the head of Europe, Middle East and Africa, who has moved to the Paris office. BLOOMBERG
Business Times
3 hours ago
- Business Times
Singapore's Temasek weighs a major overhaul to improve returns
[SINGAPORE] Temasek Holdings is mulling one of its biggest overhauls in years, potentially reorganising the firm into three investment vehicles in a bid to boost returns and efficiencies, according to people familiar with the matter. Under the proposal still being discussed at senior levels, Singapore's state-owned investor could divide its business into three arms. One would focus on Temasek's biggest domestic holdings such as Singapore Airlines, and another would oversee largely foreign investments. A third unit would include all of Temasek's fund investments, said the people, who asked not to be identified discussing a private matter. The move, which remains fluid and subject to change, would fundamentally restructure the 51-year-old investment giant amid rising pressure to deliver higher returns and streamline its operations. While Temasek's net portfolio value hit a record high of S$434 billion as of March 31, its 10-year total shareholder return of 5 per cent – a compounded and annualised measure that includes dividends – just matched that of its larger but more conservative Singaporean peer GIC. It underperformed the MSCI World Index, which returned an annualised 10 per cent in the decade through March 2025. Temasek is currently run in a conventional manner, with different executives responsible for investing across various assets and geographies, such as real estate or China. If the reorganisation proceeds, it would enable key executives to better focus their attention on improving the firm's performance and efficiency, the people said. Temasek didn't immediately respond to a request for comment. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up A shift could be announced in coming months, though the plan could be deployed sooner, the people said. Temasek's new chairman, Teo Chee Hean, is set to start on Oct 9, after joining as deputy chairman in July. Singapore's Formula One Grand Prix in early October, where Temasek typically sponsors a corporate suite, is seen as a good opportunity to explain the changes to partners and stakeholders, one of the people said. Under some of the iterations being discussed, Temasek's investments with external managers such as Avanda Investment Management would be reorganised and potentially placed under Seviora Group – a wholly-owned asset manager that Temasek established in 2020. Seviora currently acts as the holding company for investment units including Fullerton Fund Management, Azalea Investment Management and SeaTown Holdings International. Starting next month, Seviora will be led by Gabriel Lim, a longtime public servant and a former permanent secretary of Singapore's Ministry of Trade and Industry. Lim joined Temasek in October as its joint head of corporate strategy. Temasek, led by chief executive officer Dilhan Pillay, already divides its net portfolio value in a similar manner. Singapore-based Temasek Portfolio Companies, which include most of the local firms, made up 41 per cent of the portfolio as of March. Global Direct Investments accounted for 36 per cent and 'Partnerships, Funds, and Asset Management Companies' stood at 23 per cent, according to comments made during the firm's 2025 review. The move would also elevate several key executives to senior roles overseeing each new unit, the people said. Aside from Seviora's Lim, other executives mooted to run the new divisions include chief financial officer Png Chin Yee, and Nagi Hamiyeh, the head of Europe, Middle East and Africa, who has moved to the Paris office. BLOOMBERG


AsiaOne
6 hours ago
- AsiaOne
Govt to fund leadership development programme for next-gen Chinese community leaders, Singapore News
A leadership development programme designed to train the next generation of leaders for Chinese community groups, including clan associations, will receive funding support from the government. This follows Prime Minister Lawrence Wong's announcement of a new training programme to "systematically nurture the next generation of community leaders". PM Wong made the announcement at the National Day Rally on Sunday (Aug 17). During his Mandarin speech, PM Wong paid tribute to the Chinese community for playing a "crucial role" — through their philanthropy, nurturing bilingual and bicultural talent for Singapore - in championing and fostering a strong Singaporean identity. Providing further details on the programme on Wednesday (Aug 20), National Development Minister Chee Hong Tat said that participants of the programme will be nominated by Chinese community groups and selected by the Singapore Federation of Chinese Clan Associations (SFCCA). The programme targets to develop about 100 active Chinese community leaders, in theirs 30s and 40s, over the next five years. Chee, who succeeded Law Minister Edwin Tong as the chairman of the Chinese Community Liaison Group (CCLG) in May, added that the programme will expose participants to strategic issues facing Singapore and help them to deepen their understanding the Singaporean Chinese identity and culture. The programme will include dialogues with political office holders, senior government officials and community leaders. 'This course is envisioned to be the pinnacle training programme for younger leaders in the Chinese community. "The Government will continue to support and work closely with our Chinese community leaders to meet the evolving needs of the community and contribute to the growth of Singapore's society,' said Chee. [[nid:718347]] Chee also shared his observation that many clan associations and Chinese community groups have been inducting new and younger members — both locally-born Singaporeans, new immigrants, and children of new immigrants. "But what is common, from what I see in my interactions, is the passion to serve the community and to give back to society," he said. Asked by AsiaOne about how the Singapore Chinese Chamber of Commerce and Industry's (SCCCI) involvement can benefit businesses and the Chinese community, Chee said that SCCI's strong support will give the Chinese community important networks and resources to tap into, including young business leaders, who may be able to contribute to the growth and development of the Chinese community. The issue of leadership succession in the local Chinese community is not new. It was recently raised by SFCCA president Thomas Chua at a luncheon with community leaders when Chee made his introductory visit on June 13. Speaking to the media then, Chee said that leadership development and succession will be one of his key focus areas for CCLG and Chinese community organisations. The CCLG was set up in 2020 to deepen the government's relationship with Chinese community organisations and strengthen cooperation among the various Chinese community groups. The group comprises office holders and Members of Parliament (MPs) who regularly engage the Chinese community. Another priority, said Chee, is to help Chinese community organisations, especially clan associations, to modernise and transform their operations. In a SFCCA-SCCCI joint media statement on Wednesday, SFCCA president Thomas Chua emphasised the need for clan associations to prioritise the nurturing of young successors. He hoped that they will then go on to lead the Chinese community in fostering inter-racial exchanges and promoting mutual understanding, while assisting new immigrants to better integrate into Singapore society. SCCI president Kho Choon Kheng also expressed optimism that the programme will foster a 'deeper understanding of policies, the economy, society, culture and international affairs'. Chee also provided an update on the CCLG's work, nearly three months since he took the post. He said that he has been involving new MPs and office holders in CCLG's work. Together, they have been engaging clan associations, Chinese community groups — including cultural and religious groups. Stressing that this is an ongoing process, Chee said that the engagements and interactions will allow the government and these associations and groups to find 'more areas of common interest', so as to work together and support one another. [[nid:714287]] editor@