HSBC have predicted that China will take over the US as the world’s leading trading nation by 2016.
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Maersk is upgrading its fleet with an order for 10 new container vessels to be built by Korea’s Daewoo Shipbuilding & Marine Engineering. The new USD190 million Triple-E class ships scheduled for delivery between 2013-15, with an option on an additional 20, will be the largest of any type currently sailing at 400 metres long, [...]
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Pure Commerce beat out the big institutions to win the inaugural AustCham Korea 2010 G20 Australian Business Awards for Best Services Company. The Australian currency services provider was named winner at the awards in Seoul on 3 November, ahead of Macquarie Securities and Jones Lang LaSalle. The Australian Chamber of Commerce in Korea established the [...]
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Results from Tourism Research Australia’s International Visitor Survey has shown a solid recovery in international visitor numbers to Australia with the March quarter showing a rise of six percent rise compared with last year. The number of nights that tourists stayed also rose by eight percent, and visitor expenditure increased by three percent compared with [...]
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Grants totalling $500,000 have been pledged to 18 Australian arts and culture projects in the latest round of Australia International Cultural Council (AICC) funding. Recipients include cultural institutions, commercial arts organisations and small group projects. The funding supports arts and culture projects that promote Australia’s contemporary and dynamic image at an international level. A joint [...]
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Minister for Foreign Affairs Stephen Smith is in Korea today and tomorrow to meet with his Korean counterpart Yu Myung-hwan, Prime Minister Dr Chung Un-chan and other ministers at the Australia-Republic of Korea Foreign Ministers’ Meeting in Seoul. Top of the agenda will be security, with expectation to build on the Australia-Korea Security Cooperation Initiative [...]
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Minister for Education Julia Gillard yesterday announced funding of $46,000 through the School Languages Program (SLP), to extend and update the 2005-2008 National Statement and Plan for Languages Education in Australian Schools. Together with the new National Curriculum being developed for languages and the significant new investment in Asian languages, this funding will help to [...]
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Minister for Education Julia Gillard has announced $1.8 million in grants for 141 schools nationwide in Round One of the government’s Becoming Asia Literate: Grants to Schools outreach program. Round One includes 86 projects in 141 primary and secondary schools promoting the teaching and learning of Asian languages and/or studies of Asia. The program targets [...]
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Exporting financial software to South Korea is no small feat: particularly if you’re the first company to do it. Find out how Australian company Pure Commerce took on a Korean bank to win their confidence and a healthy contract.
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Data from major exporting economies South Korea, Taiwan and Brazil has shown that global trade grew in September, with figures up on the month before. The news has given the global economy hope that it can trade its way into recovery. While the figures are well below 2008 levels for the corresponding period, they represent [...]
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