* Pema: Would be translated as "연꽃" (yeon-kkot), meaning "lotus" in Korean.
* Lhamo: Would be translated as "여신" (yeo-sin), meaning "goddess" in Korean.
Therefore, you could say "Pema Lhamo" is like "연꽃 여신" (yeon-kkot yeo-sin), which literally translates to "lotus goddess" in Korean.
It's important to note that this isn't a standard Korean name, as it's a translation from Tibetan.