SEOUL, July 30 (Korea Bizwire) — A presidential delegation to Australia has met with top officials in Canberra and reaffirmed South Korea’s efforts to advancing bilateral relations under the Lee Jae Myung government, Seoul’s foreign ministry said Wednesday. The special envoys, led by former National Assembly Speaker Kim Jin-pyo, delivered Lee’s message in their meetings [...]
SEOUL, May 30 (Korea Bizwire) — POSCO Holdings, South Korea’s leading steelmaker, said Friday it has opened a resource-focused research center in Australia to help secure future growth drivers through local partnerships. The Australia Critical Minerals R&D Lab, the first overseas facility of its kind established by a South Korean steelmaker, aims to enhance technological [...]
SEOUL, Dec. 10 (Korea Bizwire) — A South Korean national residing in Australia traveled to North Korea and met with two nephews in October in the first privately arranged separated families reunion in five years, the South Korean unification ministry said Tuesday. The 80-something person, who also holds Australian citizenship, reported the North Korean trip [...]
WANDO, Nov. 20 (Korea Bizwire) – A delegation from the Australian Sustainable Seaweed Alliance (ASSA) recently visited Wando, South Korea’s leading seaweed production region, signaling growing international interest in the Asian nation’s marine farming expertise. The 15-member delegation, led by ASSA representative Jo Kelly, toured seaweed farms, processing facilities, and the Marine Bio Research Center in [...]
JAKARTA, Aug. 8 (Korea Bizwire) – A Korean-owned sushi chain in Australia has been hit with a record-breaking fine of approximately 15.3 million Australian dollars for systematically underpaying its workers, as reported by ABC News Australia on August 7. The Federal Court of Australia ruled on August 5 that Sushi Bay, a popular sushi restaurant chain, [...]
ThreatLocker Expands Endpoint Security Services and Data Infrastructure to Australia Sydney, Mar. 25 (Korea Bizwire) — Leading cybersecurity solution provider, ThreatLocker, proudly announces the launch of its advanced data centre in Sydney, Australia, just over a year after the grand opening of its second headquarters in Dublin, Ireland. This strategic move aims to enhance cybersecurity capabilities [...]
SEOUL, Dec. 8 (Korea Bizwire) — The Australian subsidiary of Hanwha Aerospace signed a 3.1 trillion won (US$2.4 billion) deal Friday to sell 129 Redback infantry fighting vehicles to Australia, South Korea’s arms procurement agency said. Hanwha Defense Australia struck the contract with Australia’s Capability Acquisition and Sustainment Group in Melbourne, the Defense Acquisition Program [...]
SEOUL, Oct. 10 (Korea Bizwire) — South Korean steel giant POSCO Holdings Inc. said Tuesday it has received 85 billion won (US$63.2 million) in third-quarter dividends from an Australian iron ore company. The receipt follows a recent decision by the board of Australia’s Roy Hill Holdings to pay AU$800 million (US$514 million) in total third-quarter [...]
SEOUL, Aug. 10 (Korea Bizwire) — POSCO International Corp. said Thursday its Australia-based subsidiary has signed a string of long-term gas supply deals with steel, utility and other companies in the country. Senex Energy Ltd. signed the agreements with seven companies, including Australia’s largest electricity generator, AGL Energy Ltd., as well as BlueScope Steel Ltd., [...]
SEOUL, July 4 (Korea Bizwire) — A growing number of South Koreans are planning to travel overseas this year amid an endemic COVID-19 era. Global credit card giant Visa Inc. conducted a nationwide survey of 1,000 adults over 18 years of age, in which 55.1 percent of respondents said they planned to travel abroad within [...]