28-Sep-16 AIA Korea and SK Holdings have announced an MOU to develop Korea’s leading customer centric integrated digital health and wellness ecosystem. The companies aim to help motivate customers change and adopt a healthier lifestyle to reduce major chronic illnesses stemming from smoking, drinking, poor diet and lack of physical exercise. [image: Business Korea]

21-Sep-16 SK has signed an MOU with Korea University on the development of the 'Aibril' Infectious Disease AI Diagnosis Service, based on Watson. This will be a world first, as up to now AI-based medical services have been mainly limited to diagnosing cancers. No-one has yet provided AI medical services for infectious diseases such as Middle East Respiratory Syndrome and Cholera. [image: Business Korea]

09-Sep-16 KT, Korea’s second-largest telecom company has announced it has formed a consortium with Pusan National University Hospital and Busan Techno Park and signed an MOU with four Kazakhstani to carry out a digital healthcare demonstration project. The project is designed to improve the medical care environment in Kazakhstan with an ICT-intensive mobile healthcare diagnosis solution and Korea’s medical assistance. [image: Business Korea]

09-Sep-16  Korea has unveiled a comprehensive plan to boost its medical sector. The 5-year plan includes providing tax cuts for companies making investments in building R&D facilities and conducting clinical trials to test new drugs. It also expects to attract 750,000 more foreigners to the country for treatment. [image: Arirang]

08-Sep-16 Korea’s population increased by 1.36 mn from 2010, reaching 51 mn in Nov-15. South Jeolla Province is the first region to become 'hyper-aging' (>20% over 65 years old). Single households accounted for 27% of the total population, and the youth population is decreasing with the acceleration of low birth rates, while the middle-aged and elderly are rapidly increasing. [image: Business Korea]