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Korean Filler becomes New Korean Wave

Korean Filler becomes New Korean Wave

SEOUL, May 19 (Korea Bizwire) – The market for plastic surgery prosthetic filler is soaring. The steady domestic market and exports to foreign markets such as China and Japan are enabling Korean biomedical companies to prosper.  Hugel and Medytox both broke quarterly records in this year’s Q1, powered by an increase in filler sales. Both companies [...]

Foreigners to Receive Tax Refund After Plastic Surgery

Foreigners to Receive Tax Refund After Plastic Surgery

SEOUL, March 9 (Korea Bizwire) – Foreigners who receive plastic surgery and aesthetic treatment in South Korea will receive a value added tax refund starting next month, the health ministry said Wednesday. The tax rebate will be given at special booths installed in the country’s international airports when foreign patients submit a certificate issued by authorized medical [...]

Foreign Plastic Surgery Patients Skyrocket in Last 5 yrs

Foreign Plastic Surgery Patients Skyrocket in Last 5 yrs

SEOUL, Sept. 17 (Korea Bizwire) — The number of foreign patients receiving plastic surgery in South Korea has shot up 13-fold since 2010 thanks to Chinese tourists, a report showed Thursday. The number of foreigners visiting cosmetic clinics operating in South Korea reached 36,224 last year, up from 2,851 tallied in 2009, according to the [...]

Tax Refunds Under Consideration for Foreigners Getting Cosmetic Surgery

Tax Refunds Under Consideration for Foreigners Getting Cosmetic Surgery

SEOUL/SEJONG, Aug. 7 (Korea Bizwire) — South Korea plans to give tax refunds to foreigners who receive plastic surgery here as part of efforts to lure more tourists, whose numbers have plunged following the Middle East Respiratory Syndrome (MERS) outbreak, the government said Thursday. The plan is outlined in the government’s 2015 tax code revision, [...]

Korean Students Going Under the Knife to Improve Job Prospects

Korean Students Going Under the Knife to Improve Job Prospects

SEOUL, Dec. 27 (Korea Bizwire) — One out of five female university students in Korea is interested in getting plastic surgery in order to improve their chances of getting a job, a recent survey said. According to the survey conducted by the Youido Institute, 21.4 percent of female students surveyed replied “yes” when asked whether they [...]

In Another Warning Sign, S. Korean Woman Dies after 4-Hour Plastic Surgery

In Another Warning Sign, S. Korean Woman Dies after 4-Hour Plastic Surgery

SEOUL, Dec. 22 (Korea Bizwire) — Beauty is in the eye of the beholder. In South Korea, however, desire for increasingly “standardized beauty” leads to a plastic surgery boom and this phenomenon entails expensive price, costing a life in some cases. According to Seoul Metropolitan Police Agency, a woman in her twenties died on December [...]

Popularity Gap Between Plastic Surgery and Internal Medicine in Korea’s Medical Industry

Popularity Gap Between Plastic Surgery and Internal Medicine in Korea’s Medical Industry

SEOUL, Dec. 7 (Korea Bizwire) — In the application for specialist doctors, the number of applicants for internal medicine doctor positions has fallen short of the assigned number for the first time in history. According to data released by the Korean Hospital Association on December 6 on the 2015 specialty doctor recruitment status, the total [...]