SEOUL, June 10 (Korea Bizwire) — Hyundai Heavy Industries Co., a major shipyard, will enhance its presence in the warship market as part of efforts to boost sales, its parent, Korea Shipbuilding & Offshore Engineering Co., said Wednesday. The company said a 26,000-ton warship, named Aotearoa, built by the shipbuilder left Ulsan, southeast 414 kilometers [...]
SEOUL, March 5 (Korea Bizwire) — Samsung Electronics Co. on Thursday said it will supply 5G network equipment to New Zealand’s largest mobile carrier. Under the deal with Spark New Zealand Ltd., Samsung will supply 5G network equipment and will help the mobile carrier develop its 5G infrastructure this year. The value of the deal, [...]
SEOUL, Jan. 31 (Korea Bizwire) — Dozens of descendants of the 1950-53 Korean War veterans from South Korea and New Zealand will have a weeklong exchange program to promote friendship between the two countries, the veterans affairs ministry said Friday. The 2020 Vision Camp to be held from Feb. 2-8 in New Zealand will bring [...]
Boston, Sept. 3 (Korea Bizwire) — Catastrophe modeling firm AIR Worldwide announced that Insurance Australia Group (IAG), the largest general insurance company in Australia and New Zealand, has licensed AIR’s new Earthquake Model for New Zealand to help manage its catastrophe risk. AIR Worldwide is a Verisk (Nasdaq:VRSK) business. “This model has been developed to [...]
SEJONG, Dec. 26 (Korea Bizwire) – South Korea’s exports to Vietnam and New Zealand rose over the past year to a large extent on the back of the implementation of bilateral free trade pacts amid sluggish global demand, latest customs data showed Monday. Outbound shipments of South Korean-made goods to Vietnam jumped 15.2 percent on-year [...]
ST. PAUL, Minn., Apr. 5 (Korea Bizwire) — H.B. Fuller Company (NYSE:FUL) announced today that it has signed an agreement to purchase Advanced Adhesives, a provider of industrial adhesives in Australia and New Zealand. With fiscal 2015 net revenue of $17 million, this business will be included in H.B. Fuller’s Asia Pacific operating segment. Established [...]
SEJONG, Dec. 21 (Korea Bizwire) - Free trade pacts between South Korea and three of its trading partners – China, Vietnam and New Zealand – went into effect Sunday, raising hopes they could boost trade and economic growth, the government said. The Ministry of Trade, Industry and Energy said all three free trade agreements (FTA) that were signed and ratified earlier in the year went [...]
WASHINGTON, DC, Aug. 14 (Korea Bizwire) – The New Zealand Government’s signing, today, of the World Trade Organisation’s (WTO) Government Procurement Agreement (GPA) has presented a massive opportunity. Sir William Gallagher, CEO and Chairman of the Gallagher Group, is overjoyed at the potential this agreement presents for his global security business. “As with all New [...]
HAMILTON, NEW ZEALAND, Jun. 8 (Korea Bizwire) – Gallagher’s security business in Asia is thriving according to Vice President EMEA & Asia, Peter Francis, who this month added more staff to his continually growing team based in Asia. Globally recognised as a leader in the design and manufacture of innovative security solutions, Gallagher has been [...]
SEOUL, March 23 (Korea Bizwire) – South Korea formally signed a free trade agreement with New Zealand on Monday, the latest in a series of deals Seoul has inked to boost the country’s exports. South Korean President Park Geun-hye and New Zealand Prime Minister John Key observed the signing of a deal after their summit [...]