Forewords
H.E. SAM GEROVICH
AMBASSADOR OF AUSTRALIA
It is my pleasure to offer this message of congratulations during this, the Australia-Korea Year of Friendship. This is particularly pleasing given the description of the bilateral relationship by Prime Minister Gillard during her recent visit to Korea, as a natural partnership.
This is a partnership full of further promi
KIM JONG-HOON
MINISTER FOR TRADE REPUBLIC OF KOREA
As Asia-Pacific countries sharing common values, Korea and Australia have enjoyed a successful and deepening relationship over the past century. The first contact between the two countries dates back to the late 19th century, when Australian missionaries came to Korea. The relationship was further strengthened wh
Korea Focus
Due to FDI expansion, foreign industries can now get preferential support from the Korean government. “If you want to get this special incentive or a benefit in Korea, you have to improve Korea industry international competitiveness,” says Young. “For example, for high tech businesses they can give you big tax incentives like five-year or seven-year tax exemption
Korean consumers can be surprisingly demanding. One reason this came about is that Korean providers used to make up for inferior service by offering exceptional follow-up service. Today, Korean quality has improved, but immediate after-sales support is still provided. Foreign companies often fail in the area of customer service.
To succeed in the Korean market, foreig
For the best part of a decade, Australia has benefited from strong growth in trade with the Republic of Korea that would, had it not been for the enormous capital trade and investment of Chinese state-owned enterprises (SOEs) and, to a lesser extent, Indian investors, have been the talking point of commerce in the region.
Led by the resource and agriculture sectors,
Although founded in 2008, the Australian Chamber of Commerce in Korea (AustCham) started with humble beginnings almost 20 years ago as the Australian Business Group in Korea. Now AustCham Korea remains the peak networking organisation promoting Australian business interests in Korea, with a membership of over 200 in the service
Yeosu Expo 2012 by Unsangdong ArchitectsCooperation (proposal for Yeosu 2012).
Korea will be hosting the 2012 World Expo in Yeosu – this is the second time the country has hosted a World Expo, with Daejeon hosting the event in 1993. It will be held for three months from May 12 to August 12, 2012 in the city of Yeosu, which is located in the southe
Translation volumes are increasing, with the industry growing at around 15 per cent per year, and the demand for translation services is coming from a far wider breadth of organisations than has historically been the case. However, the volume of content created, the speed at which it gets created, the different formats now used (video, audio, etc.) and the numb
Cultural skills and awareness are now accepted as imperative for Australians working in Korea and for Koreans working in Australia. Often referred to as Cultural Intelligence or CQ, many organisations have progressed from the assumption that the business world sits outside the influence of local culture.
Savvy businesspeople prepare themselves for differences, recogn
POSCO, founded in 1968 to supply steel domestically, is a leading corporation in Korea that has played a big role in the growth of the national economy for over 43 years.
With integrated steel plants in Pohang and Gwangyang, POSCO is fueling its competitiveness by continuously responding to the rapidly changing business environment, and consequently the c