Thursday, November 30th, 2006
Informatization / The Bank of Korea
Acquiring ISO 20000 certification in 2007
With its IT vision, dubbed "IT Service Innovation for the Sake of the Central Bank's Capacity Strengthening," the Bank of Korea (www.bok.or.kr) is striving to carry out IT affairs innovation.
As the name for this vision shows, the Bank of Korea (BOK)'s IT Department is concerned about how it can effectively manage IT in the interests of strengthening capacity at the BOK, the central bank of the Republic of Korea.
APACK is a heat pipe technologybased thermal solution provider which offers customized designing and engineering solutions and provides best-of-breed thermal solutions including PC cooling, telecom systems, heating rollers and solar collectors to its clients.
KT officials said that the company has a 378 square meter booth, similar to the 2003 Swiss Exhibition. Its goal is group publicity synergy by operating a joint booth with KTF.
In recent years, latecomer countries have been chasing new industry development by benchmarking Korea. These new countries take advantage of cheap labor power, one of their distinguishing characteristics.
Q: Please describe the relative importance of IT industry for the economy of Poland. The IT industry belongs currently to the fastest growing sectors of the Polish economy with over 2 times higher growth rate than annual growth of Polish GDP. 
According to this year's IMD World Competitiveness Yearbook published by the International Institute for Management Development (IMD) in Switzerland, Korea's competitiveness dropped by nine notches from the previous year's due to such factors as protectionism, stiff labor-management relations, and race and sex discrimination.
