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Euh Yoon-dae, second from left, chairman of KB Financial ...

Participants in HSBC’s environmental summer camp ..

Korea becoming a hub for medical tourism

By Tony Michell Managing Director of Korea Associates Business Consultancy Although it is a relatively new player, Korea is emerging as a major destination for medical tourism. Its medical technology is considered one of the best in the world in terms of quality of services and speed. And Korean medical practitioners at leading hospitals are certainly some of the best in the world. The world’s media praise Korea’s cutting-edge medical technology, quality medical personnel and services. Korea’s medical tourism has been recently rated among the best in the world for updated technical skills in the human medical and life-saving knowhow by the International Association of Medical Assistance to Travelers (IAMAT) and other organizations. It is true that foreign visitors can enjoy their Korean tour twice as much by combining sightseeing and medical care. Korea has built up an impressive one-stop infrastructure to serve tourists. The real issue is to attract patients to Korea where the medical aspect is more important than the tourist aspect. Medical tourism is a poor description fo

Employees and executives of Hyundai Motor, including Vice ..

Woori Bank CEO Lee Chong-hwi, center, waves the bank’s flag ..

Korea Exchange Bank Managing Director Park Yong-duck, right ..

Foreign advisors crucial for Korea’s development

By Lee Tai-hee Director for the Policy Consultation Division, Korea Development Institute Korea is the first country that has successfully transformed itself from an aid recipient to a donor nation. Categorized as one of the poorest countries with personal income of only $82 in 1961, Korea is forecast to see its personal income topping $20,000 later this year. After becoming the 24th member nation of the OECD-Development Assistance Committee (DAC) in November 2009, Korea’s position has been on the rise as an active donor in the international community. Korea’s turnaround has become an unprecedented example to the world. Korea is one of the six countries in the global community that has a GNI per capita of around $20,000 together with a population of over 50 million people. After being officially selected to chair the G20 summit in November, 2010, Korea, rising as a near-advanced country from abject poverty, aims to bridge the differences between rich and poor countries. Such a dramatic transformation in Korea would not have been possible without the foreign technical and eco

Daegu Green Power CEO Kim Young-ho, center, poses with Korea

Employees of LINA Korea, the Korean arm of U.S. insurance ..

Diplomat hopefuls gather for forum in Incheon ahead of G20 summit

By Kang Shin-who Staff reporter A number of youngsters hoping to be diplomats in the future have gathered in Incheon for a symposium to discuss the environment and other global issues ahead of the G20 summit to be held here in November. More than 100 middle and high school students participated in the “Global Youth International Diplomacy Symposium 2010,” organized by the Korea Times Global Edu, and sponsored by The Korea Times and its sister papers, the Hankook Ilbo, Seoul Economic Daily and Fortune Korea. The symposium opened Wednesday and will continue through Friday at the Convensia in the free economic zone in Incheon. During the event, participating students are set to touch on five key themes; internationalism, foreign affairs, the environment, along with interracial families and future human resources. For the symposium, renowned figures have been invited as speakers including Rep. Koh Seung-duk of the Grand National Party, Park Kwang-myung, general director of the G20 summit meeting and Shin Kwang-ryeol of the International Conference of Foreigners Welfare an