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World Peace Festival” in the Olympic Sta- Dium in Seoul’S Jamsil District on September 16

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World Peace Festival” in the Olympic Sta- Dium in Seoul’S Jamsil District on September 16 INTERVIEW INTERVIEW INTERVIEW Gordon G. Chang DR. Eva Latham Park Young Sun On China’s Demise Corporate Guri Nature, Culture, and Challenge to the Social and Design Project West Responsibility (NCD) 2015 ASIA-PACIFIC www.biztechreport.com Vol. 4, No. 4, 2012 REPORTREPORT Potential of Investment Growing Tension in in Power Sector in India Japanese-Korean Ties Asia-Pacific The Transforming Undergoing Indian Higher a Digital Education Sector TV Boom Samsung’s Business Increasing Model Profile in Your Southeast Career Asia Future of Nuclear Power in Japan Mr. Lee Man-Hee, Founder Pastor Shinchonji Church of Jesus Christ World Ms. Kim Nam-Hee, Chairwoman Peace MANNAM Volunteer Association Festival When Light Meets Light W9,900 | £6.00 | €8.00 `40 | US$8.00 | CN$8.00 230X280.indd 2 2011.9.20 10:16:25 AM 230X280.indd 2 2011.9.20 10:16:25 AM Contents COVCOVERER STOSTOryry Vol. 4, No. 4, 2012 World Peace age 8 p Festival When Light Meets Light, There is Victory specIAL FEATURE gurI CITY page 26 QDr eva Latham& — pageA 12 tim clark — page 24 park Young Sun — page 29 michelle Finn — page 32 Gordon G. chang — page 42 David roodman — page 50 Publisher: MR. LEE DEuK hO By PRIyaNKa ShaRMa Editor-in-Chief: MR. LEE DEuK hO REMEMBRAnce 37 Japanese FIrMS CoNSIDEr MoVING FroM China, EYEING SoUTHEAST ASIA 16 LIVING For THE SAKE oF oTHErS: rEVErEND By DaVID WOO published by: asia-Pacific Business Dr. SUN MYUNG MooN (1920-2012) & Technology Report Co. 38 China’S AUTo MArKET INDUSTrY: By RONKI RaM GroWING DESPITE CHALLENGES registration date: 2009.09.03 registration number: 서올중. 라00307 By JIN SuK yaNG price: `40, W9,900, US$8.00, CN$8.00, 39 THE TrANSForMING INDIAN HIGHEr EducatioN SECTor £6.00, €8.00 LEAdersHIP Annual subscription fee: W62,000/ By aNuRaDha ShuKLa uS$62 19 ANoTHEr star named parK rISES 40 PoTENTIAL oF INVESTMENT IN SoUTH KorEA’S PoLITICAL SKY IN PoWEr SECTor IN INDIA By VICTOR fIC By aNuRaG ShuKLa Managing Editor: 41 FUTUrE oF NUCLEAr PoWEr IN Japan DR. LaKhVINDER SINGh 20 KorEA’S PrESIDENTIAL Campaign — Dictator’S Daughter VS. LIBErALS By KEVIN LIu Senior Editorial Advisor: By DONaLD KIRK 41 SAMSUNG’S INCrEASING ProFILE MR. ChuNG-yEON ChO IN SoUTHEAST ASIA Chief Business Development officer: By aNuRaG aGNIhotri MR. KIM ChEOL hO Creative Director: DIplOMACY MR. DaN ThWaITS 22 GroWING TENSIoN IN Japanese-KorEAN TIES TECHNOLOGY By VICTOR fIC Editorial Advisory Board: 44 E-BooKS BrING ABoUT MR. SuRESh P PRaBhu A Renaissance IN rEADING Former Union Cabinet Minister for Power, By ShaMILa JaNaKIRaMaN Government of India BUSINESS 45 CIoS IN ASIA GIVE PrIorITY Mr. N K Goyal To BI, MoBILE AND CLoUD President, Communications & Manufacturing 34 ASIA-Pacific CrUISE INDUSTrY oN A roLL By ChuNG –yEON ChO Association of India, CMAI By aNuRaG ShuKLa 46 GroWING DIVErsificatioN DR. MEzyaD AlterkaWI 35 GroWING AFFLUENCE IN ASIA Pacific oF Raw MaterIALS USED IN CoSMETICS Associate Professor, King Saud University leaves USA MILLIonairES BEHIND By ShaMILa JaNaKIRaMaN DR. EMaNuEL yI PaSTREICh By RaShMI GuPTa 48 ASIA-Pacific UNDErGoING Director, The Asia Institute 36 GroWING AGEING PopulatioN A Digital TV BooM MR. JuNGSOO JaNG IN SoUTHEAST ASIA By JIN- SuK yaNG President, Korea Future Institute MR. MIChaEL BREEN Insight Communications Consultants DR. DONaLD KIRK FOR ADVerTISEMenTS Author and Journalist AND OTHer BUSIness DR. EVa LaThaM enQUIRIes pleASE CONTACT: Corporate Social Responsibility Expert 302, 10-9 Myeongneon Dong 1 ga To contact asia Pacific Business and Technology Report for advertising, submissions, subscriptions or general comments Chongru-Ku please email to [email protected] The views and opinions expressed in the articles are those of the Seoul, South Korea authors and do not in any way reflect the editorial policy of Asia Pacific Business and Technology Report Phone: 822-766-8230 Vol. 4, No. 3, 2012 Email: [email protected] PRINTED IN SOuTh KOREa COVER STOry © MaNNaM VOLuNTEER aSSOCIaTION Mr. Lee Man-Hee, the founder pastor of Shinchonji Church of Jesus Christ, lights the torch at Olympic Stadium in Seoul. This is the first time the torch has been lit inside the stadium since the 1988 Summer Olympics. BY YOng HEE KWON World he spiritual yearn- ings of Koreans can be difficult to Peace Tfathom. Just as K-Pop has taken off from Tokyo to New york, Korean spiritual Festival movements draw adherents When Light Meets Light, worldwide over seemingly There is Victory insurmountable barriers. 8 www.biztechreport.com The spiritual yearnings of Koreans can be difficult to fathom. Just as K-Pop has taken off from Tokyo to New york, Korean spiritual movements draw adherents worldwide over seemingly insurmountable barriers. That was sense one received after witnessing the “World Peace festival” in the Olympic Sta- dium in Seoul’s Jamsil district on September 16. The audience had come prepared for a few hours of singing and fun. They could not have envisioned 100,000 people filling every seat in the stadium, including thou- sands more on the playing field, marching in elaborate formations, dancing and enact- ing various traditional and cultural perfor- mances. The program, a “culture and sports cel- ebration of restoring light,” wound up with men and women’s soccer games, a track meet, basketball, judo, and tug of war matches. In addition, on stage in front of the reviewing area, magicians and ballroom dancers and jazz musicians and a host of other entertainers were performing as well. This World Peace festival evoked mem- ories. Was it an improved version of the Olympic Games that opened in Korea 24 years ago at this very stadium? During those games in 1988 we saw performances as amazing as the prancing and dancing of © MaNNaM VOLuNTEER aSSOCIaTION thousands of performers against a backdrop An aerial view of Seoul’s Olympic Stadium during the World Peace Festival. of tens of thousands of people in the stands flipping flash cards of scenes and messages of whatever the South Koreans were selling, from happy school kids to verdant fields. history was repeating itself, perhaps, but on Much of the inspiration comes from a much bigger scale. as during the ‘88 Olympics, many people the honorary Chairman Mr. Lee Man- were on the field at the recent peace festi- val. young people from all over the world hee, who is also the founder pastor of dressed in their traditional colors filled the stadium, flipping cards on cue, forming slo- Shinchonji Church of Jesus Christ. gans and scenes. This whole performance ➤ © MaNNaM VOLuNTEER aSSOCIaTION The 12,000 strong flashcard team in the stands, displaying sayings from the bible. 9 www.biztechreport.com COVER STOry against one another in peaceful and friend- ly competition. Indeed, the entire theme of the Olympiad was one of world unity, cen- tering around the idea of Korean reunifica- tion. There were also various cultural per- formances by MaNNaM members such as cultural dances by groups from the Middle East, Latin america, China and India, sing- ers, bands, and magicians. Incredibly, these events seemed to be go- ing on simultaneously. Men’s and women’s basketball teams were playing in courts at both ends of the field. While runners were circling the surrounding track, performers were going through their acts in the middle of the field. flash cards held by thousands on one side of the stands depicted scenes and slogans, and all the while mammoth television screens captured and replayed action, ensuring that everyone got a chance to see what was going on. The effect was that of a masterpiece of organization, plan- © MaNNaM VOLuNTEER aSSOCIaTION ning and rehearsal that had gone on for The flashcard team displays the taeguki (Korean flag) and other flags from around the world. months before the day of the festival. The imagination of the planners showed not only their true desire for international lasted for more than eleven hours, from peace, but also the undying ‘can-do’ spirit morning until after dark when the rain was of the incredibly hard-working Korean already falling and pinpoints of lights re- The imagination people. In preparing for the event, they placed the cards. extracted themes from popular and tradi- Much of the inspiration comes from the tional culture in a reflection of the national honorary Chairman Mr. Lee Man-hee, who of the planners and religious spirit of the Korean people. is also the founder pastor of Shinchonji “One of the most impressive moments Church of Jesus Christ. Mr. Lee is viewed as showed not only was the constant waves that rolled through one of the most renowned spiritual leaders the stadium stands as thousands actively from Korea by Christians all over the world. their true desire for took part in the show,” said one spectator; Despite his busy schedule he sat through “The unison and precision of the perfor- the whole program alongside Ms. Kim international peace, mancer moved all who were watching.” Nam-hee, Chairwoman of MaNNaM Volun- The mass-games were envisioned by the teer association, which collaborated with planners “to demonstrate the unity of all the church on the mission of putting on but also cultures and the capacity of people to cre- “an unprecedented event in Korea where ate peace.” Mannam was responsible for people from all over the world will gather.” the undying, bringing thousands of volunteers not only Shinchonji means new heaven and earth, to attend the festival but also to volunteer and MaNNaM means meeting, implying a ‘can-do’ spirit of their time, expertise and enthusiasm in the gathering of diverse figures months prior and in the times needed for In today’s Korea, Shinchonji Church and rehearsals.
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