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Welcome to the second AKBC e-newsletter

The Australia-Korea Business Council has commenced a monthly e-newsletter that will be sent straight to your inbox. These newsletters will provide you with the latest Australia-Korea related news and events.  



A neat symmetry: Opportunity for Australia-Korea bilateral cooperation in Financial Services

Chris Deves from AMP Capital writes on an opportunity for bilateral business cooperation between Australia and Korea. Chris explains that Australia's pension system is one area where there is a genuine Australian competitive advantage and a genuine Korean need. 


Austrade showcasing export opportunities in Korea

Austrade recently completed an Australia-wide food and beverage seminar and product showcase program in partnership with State Governments and TradeStart. This program provided Australian food and beverage companies with an opportunity to meet with E-mart, Youngnam Corporation and Otto Corporation. 


Hamer Scholarships (Victoria only)

The Victorian Government provides scholarships for Victorians aged 21 or over who are Australian citizens. Recipients will receive A$15,000 for language study in Korea. The scholarships are offered for a minimum of one semester or 5 – 6 months study at Yonsei University, Korea University or Seoul National University. Applications close on the 13th of March 2016. 


Presentation on Business and Trade Opportunities between Australia and Korea

Australia-Korea Business Council Executive Director Liz Johnston spoke to students from Kyung Hee University about business and trade opportunities in the Australia-Korea corridor.  Each year a group of Kyung Hee University students come to Griffith University to participate in a program that introduces the students to Australian business topics.


Kang Myoun-wook named as new CIO at National Pension Service 

The National Pension Service (NPS) has appointed Kang Myoun-wook as its chief investment officer (CIO) and will manage the national pension fund worth 500 trillion won.

Source: Korea Times


Export Council of Australia releases its Demystifying Korea report 

The report includes:

• An overview of professional, financial, education and other service sector opportunity in Korea;
• An overview of Korea’s services sector, as well as some of the challenges to be aware of in being a foreign service provider in the market;
• Commentary from the field and advice on both challenges and opportunities in the market from businesses operating there. 

Report can be downloaded for $33.00 (incl GST)


Australia Korea Foundation Grants now open

The Australia Korea Foundation grants are now open and will close on April 4 2016. The Australia-Korea Foundation (AKF) was established by the Australian Government in 1992 to promote bilateral relations between Korea and Australia. Applications focused on the four long-term priority areas are highly encouraged:

  • trade diplomacy and geopolitics
  • technological and scientific innovation
  • building cultural understanding
  • reciprocal Australian and Korean studies.


John Wotton's Thank You dinner

Australia-Korea Business Council members are invited to attend an exclusive dinner on April 5 2016 in Sydney to honour John Wotton's dedication to AKBC over the past 15 years. Invitations will be issued in the coming week.


Infrastructure Investor Australia Forum

The inaugural Australia Forum will gather the key infrastructure players to discuss the best approaches to acquiring, managing, and exiting infrastructure assets, and opportunities for private funding in global markets.


Special rate for AKBC members - save 15% off the current rate. Reply to this email to receive the code. 


Agri Investor Australia Forum

Join domestic and offshore institutions, family offices, fund managers and regulators to explore the trends shaping investment and value creation across the agriculture cycle in Australia and beyond.


Special rate for AKBC members - save 15% off the current rate. Reply to this email to receive the code. 


Join the Australian delegation to
BioKorea 2016 

AusBiotech, Austrade and the Korea Health Department Institute (KHIDI) are offering exhibiting opportunities on the Australia Pavilion at the BioKorea International Convention, to be held in Seoul from 30 March to 1 April 2016.


Breakfast briefing with Mr Justin Brown, Acting Deputy Secretary, Department of Foreign Affairs and Trade 

Asialink Business, DFAT and Corrs Chambers Westgarth are holding a breakfast briefing with Mr Justin Brown, Acting Deputy Secretary, Department of Foreign Affairs and Trade on Why trade matters: Next steps for Australia on Friday 4 March in Sydney.