On Thursday, November 11, to celebrate the 60th anniversary of diplomatic ties between Australia and Korea, AustCham Korea hosted an exclusive Senior Business Leader's Tour of POSCO Pohang Steelworks.

As Australia’s single largest customer, invitees were able to gain an in-person perspective of the size and magnitude of POSCO’s operations. POSCO and Australia share and long-lasting and important relationship with POSCO buying 39 million tonnes of iron ore and 12 million tonnes of coal from Australian suppliers to make steel products worth U$4.4 billion in 2018.

The AustCham Delegation included representatives from ANZ, Macquarie Group (Blueleaf Energy), Woodside Energy, New South Wales Government (NSW), IFM Investors, Australian Strategic Materials (ASM), Herbert Smith Freehills (HSF), Rio Tinto, Mott MacDonald and Australian Trade and Investment Commission (Austrade).

AustCham Korea would like to thank POSCO for co-hosting the tour and for their constant support of the Chamber and Australian-Korean business community.

About POSCO and Pohang Works:

- Established in 1968 (1st integrated steel mill in Korea)

- Currently operates two integrated mills in Korea, Pohang & Gwangyang

- Crude steel production : 40.6 million tons (Pohang 16 million tons)

– World’ s 6th producer

- Selected as ‘Metals Company of the Year’ and No.1 in ‘Steel Industry Leadership’ by S&P Global Platts (2018)

- Rated as No. 1 in ‘World-class steelmaker rankings’ for 12 consecutive years by World Steel Dynamics (2010 – 2020)

Photos and further details here.

On Tuesday, November 9, AustCham Korea had the honour of attending the ‘Australia - Republic of Korea Maritime Surveillance Business-to-Business’ event at Millennium Hilton in Seoul.

As part of the ongoing celebration for the 60th anniversary of Australia-Korea bilateral relations, this was a hybrid event which focused on connecting Australia and Korea, and demonstrating the importance of defence industry cooperation between our two countries. The event included topic presentations by many notable representatives of the Australia-Korea defence industry.

The event welcome and opening remarks were presented by Commodore Ian Middleton from the Australian Defence Export Office, H.E. Catherine Raper, Ambassador for the Australian Embassy in Seoul, and H.E. Jeong-Sik Kang, Ambassador for the Korean Embassy in Canberra. Captain Chris Smith, Australian Defence Attaché for the Australian Embassy in Seoul and Colonel Taesub Kwon, Korean Defence Attaché for the Korean Embassy in Canberra, presented on Korea-Australia Defence Relations.

Other VIP presenters on the day included Michael Riera (Austrade), Jae-Sung Yeon (Defence Acquisition Program), Munhwan Yang (Korean Defence Industry Association), Bongsoo Jung (Korean Defence Industry Association), and Tim Pickford (Hanwha Defence Australia).

The Chamber was pleased to the see the number of Australian businesses involved in the bilateral meeting and look forward to exploring further engagements within the defence industry sector in 2022. Special thanks to Dan Billing, PhD, MBA for the exclusive invitation.

Read more about AustCham's visit here.

On Wednesday, November 10, AustCham Korea's Executive Director, Rowan Petz, had the pleasure of being a special guest on Korea's TBS eFM radio program, ‘Life Abroad: Making Connections’, hosted by Seungyun Rah. To support the ongoing celebration of Korea and Australia's 60th anniversary of bilateral relations, yesterday's theme was 'South Korea and Australia: 60 Years of Friendship and Cooperation'.

In this episode of 'Life Abroad':

- Rowan discussed his journey in Korea - how he went from being an international student at Yonsei University to becoming the Executive Director of AustCham Korea

- His role at AustCham Korea

- Australian coffee culture and the boom of the highly coveted Americano coffee in Korea

- This year's 'Seoul International Cafe Show' in COEX, Seoul, where Australia has been nominated as the 'Feature Country'

- The role that AustCham Korea plays in promoting bilateral relations between Australia and Korea

Listen to Rowan's episode of 'Life Abroad' here.

On Wednesday, October 27, representatives of the AustCham Korea Energy, Resources and Sustainability Subcommittee were invited to attend a GGG Week 2022 hybrid event, 'The Road to COP26: what does success look like for developed and developing countries?'

Co-organized by the Global Green Growth Institute and the British Embassy in Seoul, the event served as an opportunity for experts and decision makers from developing and developed nations to address their expectations for COP26.

Speakers included GGGI President & Chair, H.E. Ban Ki Moon, Mr. MAHAMADOU TOUNKARA, Director, Office of the Director-General (ODG) of GGGI, H.E. Simon Smith, British Ambassador to the Republic of Korea, Director-General of the Ministry of Foreign Affairs of the Republic of Korea, Mr. Tong Q Lee, H.E. Gloria Cid Carreño, Chilean Ambassador to the Republic of Korea, Director-General of GGGI, Dr. Frank Rijsberman, and Ingvild Solvang, GGGI Head of Climate Action & Inclusive Development (CAID).

Details & photos can be found here.

Read about the event here.

Found out more about the Australia-Republic of Korea Low and Zero Emissions Technology Partnership here.

On Thursday, October 28, AustCham Korea was pleased to support Induk University and KoreaPEN (Korea Practice Enterprises Network) in the second major event in the Hybrid Internship Global Practicum Trainee Program (HI-GPTP).

AustCham Korea Project Manager, Kate Kalinova, and Business & Administration Manager, YeonJi (Jade) Son, along with other AustCham Members including Josh Kim (Globalization Partners), Edward Rimmington (Gogozing Migration) and Jörn Zempel (L'Oréal), participated in the event as "Board of Directors" reviewing the presentations by Induk University students during the Interim Report Meeting (IRM).

The event demonstrated the continued growth and dedication of the participating students to their projects. The AustCham Korea team looks forward to continuing supporting the program and seeing the development of the two student teams EDA and U-Market (Wooahan Agile Project).

Read more here.

On Thursday, October 28, AustCham Korea Chair, Chris Raciti, and Executive Director, Rowan Petz, alongside several other members, attended the the 42nd AKBC-KABC Joint Meeting in Seoul.

Co-hosted by the Australia-Korea Business Council and the Korea-Australia Business Council, the annual event was hosted in hybrid format to bring together business leaders and government representatives in both Australia and Korea.

AustCham Korea's Executive Director, Rowan Petz, shared his reflections on the importance of this milestone:

"Given that this year marks the 60th anniversary of Australia-Korea diplomatic ties, it's great to see deepening engagement by both public and public sector actors."

"The Chamber was pleased to join the event in Seoul and would like to extend our congratulations to both AKBC and KABC for the successful joint meeting", he added.

Read more here.

On Saturday, November 13, AustCham Korea had the pleasure of attending Pepper Savings Bank's volleyball team, the AI Peppers, latest game in Gwangju, along with the Australian Ambassador to the Republic of Korea, H.E. Catherine Raper.

Although the newly-established team played well and was filled with energy, they unfortunately lost the game against the unbeatable Hyundai Engineering & Construction team.

It was great to be able to visit Gwangju City to cheer the AI Peppers on in their 7th game of the season, and see so much support for the local professional women's volleyball team.

Read more about AustCham's attendance here.

Read about AI Peppers first game here.

On Wednesday, November 24, AustCham Korea was pleased to support the Trade and Investment Queensland in hosting an official reception marking 20 years since the opening a Queensland trade office in Korea.

Treasurer and Minister for Trade and Investment for Queensland, Cameron Dick, provided the keynote address via video and emphasized the strategic trade and investment partnership between Queensland and Korea.

“I am delighted to acknowledge the true friendship and important trade and investment relationship between Korea and Queensland,” Mr Dick said.

“Over the last two decades we have forged deep and meaningful links that extend beyond trade.

“The significant foundation of this was Queensland being the first Australian state to open a trade office in Korea.”

Korea is Queensland’s third-largest goods trade partner valued at almost $10 billion in 2020-21 – the highest of any Australian state or territory and has experienced a fourfold increase in trade over twenty years (from $2.4 billion in 2000-01).

The reception was attended by over 50 dignitaries and members of the local business community at the Millennium Hilton Seoul.

Emceed by AustCham Korea Executive Director Rowan Petz, the event was opened with a warm welcome from Ryan Freer, Commissioner, Trade and Investment Queensland. Congratulatory remarks followed by the Australian Ambassador to the Republic of Korea, H.E. Catherine Raper, Kim Young Jun, Ambassador of the Gyeonggi provincial government, Queensland’s sister government, all of whom spoke passionately about the Queensland-Korea relationship.

Korea is a significant investor in Australia. In 2020 Korean direct investment in Australia was valued $8.0 billion, representing an increase from $281 million invested 20 years ago.

Korea is a global leader in research and development, digital displays, electronics and semiconductors and is home to global brands Samsung, LG and POSCO.

Korean investment into Queensland has been strong in areas such as renewable energy, mineral resources, food and agribusiness and property development, including strong upstream investment in Queensland from Lotte International (Sandalwood Feedlot) and Cheil Jedang (CJ Nutracon).

Newly appointed Queensland Trade and Investment Commissioner for Korea, Ryan Freer, said the strong trade and investment ties will continue.

“Our 20-year presence here is a significant milestone – one that signifies a robust partnership based on shared values, trust and mutual respect,” Mr Freer said.

“Our goal is to continue strengthening and growing Queensland’s trade and investment relationship with Korea, creating win-win opportunities to advance and build industry capability, adding value to both economies.”

AustCham Korea was pleased to assist in organising the event and supporting the TIQ Korea office.

Read the official Media Release here.

Read more about AustCham Korea's attendance at the 20th anniversary reception here.

On Sunday, October 31, AustCham Korea hosted its latest corporate social responsibility (CSR) project to help house renovation for a disadvantaged, elderly resident living alone.

A group of AustCham volunteers met at 9 am on Sunday and spent the day working alongside representatives from Citizens for Decent Housing to help with papering, packing, changing light with LED and cleaning to tidy and improve the living environment for the elderly resident.

We would like to thank all our members that volunteered their time and energy, including representatives from EH Advisory Group, First Button, Intralink, JOST & Co , Kim & Chang, Trade and Investment Queensland and WorkWell Ergonomics, and extend our thanks to Harry Lee (AustCham CSR Committee) and Citizens for Decent Housing for supporting the event!

Read more and view images here.

On Tuesday, November 2, AustCham Korea Executive Director Rowan Petz attended the Korea Investment Award Ceremony hosted by FORCA.

During the event, the Chamber's Executive Director had the pleasure of meeting Han-Koo Yeo, Minister for Trade (MOTIE), who expressed his interest in developing stronger economic ties and attracting further foreign direct investment into Korea.

Other attendees included Chamber of Commerce, Embassy, Government representatives and the FORCA Chairman, Han-Koo Yeo, Minister for Trade (MOTIE), and Maria Castillo-Fernandez, Ambassador of the EU, provided some congratulatory remarks.

The celebratory event also included a Korean Traditional Music Dance Performance with the digital elements and a musical performance by a popular Korean singer, Jang Sa-ik.

The Chamber would like to commend FORCA for the successful event and looks forward to continuing to work closely with FORCA and other partners to facilitate increasing investment between Australia and Republic of Korea.

Read more here.

On Friday, November 5, AustCham Korea’s Executive Director, Rowan Petz, provided a briefing to Griffith University students embarking on their Griffith Asia Business Internships (GABI) program, and touched on important topics regarding working and interning in Korea, tips for becoming a successful professional in Korea, and the bilateral relations between Australia and Korea and how AustCham Korea assists in advancing these relations.

AustCham Korea have been a proud supporter of Griffith University’s GABI program for the past few years and as part of the program commencing were thrilled to present to the students at their 2021 Korea Country Orientation via Microsoft Teams.

As part of the program, students will gain industry experience while undertaking a project/tasks in an international professional setting and receive 20 credit points toward their program of study in Australia. By facilitating this annual placement, Griffith hopes to support people to people linkages between South Korea and Australia and strengthen collaborative opportunities.

While it is unfortunate that most of the interns were unable to travel to their host countries to complete their internships, we are excited to see how the students use the remote internships as a challenge and learning opportunity.

Special thanks to all the AustCham member companies, including: JOST & Co , Trade and Investment Queensland, ANZ, APLN, Blueleaf Energy, The Sool Company, who are involved in this year’s program.

As always, its a pleasure for AustCham Korea to support the program and connect with dedicated, enthusiastic students as they embark on their journey!

Learn about the Griffith Asia Business Internships program (GABI) here.

Read more about AustCham's involvement in this year's GABI program here.

On Wednesday, November 10, AustCham Korea had the pleasure of attending the Seoul International Cafe Show 2021 where the team was able to immerse themselves in all things coffee, and drop by the Australia booth!

As this year's Featured Country, reflecting the ongoing celebration of the 60th anniversary of Australia-Korea diplomatic ties, Australia is showcasing various aspects of aussie coffee culture, showcasing iconic brands like FourB, Melbourne Esspresso Bar (St Ali), Normcore Coffee Roasters, Huskeecup, and others.

Seoul International Cafe Show 2021 ran from Wednesday, November 10th to Saturday, November 13th at COEX, Seoul.

Here's what the team were able to experience at the Australia booth (Booth(#D107-109) this year!

1. Learnt latteart with world champion Caleb Cha

2. Got the low-down on ‘Melbourne vs Sydney’ in a specialty coffee session from Australian Brewers Cup Awardee Chanho Hong

3. Were some of the first to taste FOURB 포비 ’s BRAND NEW ‘Aussie blend’ , a special roast for celebrating 60th Korea-Australia diplomatic relations anniversary and available at their cafés only in November.

4. Tried a tasty flatwhite (made with Australian milk!)

5. Enjoyed photos with Australian Embassy fluffy mascot, Koko the Koala

Read more about AustCham's Visit to the Seoul International Cafe Show 2021 here.

On Monday, November 15, the AustCham Korea team caught up with Pip Butler to enjoy some iconic FourB coffee in Gwanghwamun.

Pip is a Global Talent Officer for the Global Business & Talent Attraction Taskforce , an Australian Government initiative to attract high-value businesses and exceptionally talented individuals with ideas and energy to Australia. While she is based in Taipei, her role covers the Northeast Asia region and Pip is currently visiting Korea to attend the prestigious G-STAR virtual games conference in Busan.

Find out more about G-STAR 2021 (which ends this Sunday, November 21) here.

The Global Talent Visa Program is a new, streamlined visa pathway, designed to support the economy by introducing skills to high priority industries, promoting innovation and creating more jobs. This visa program is for highly skilled, intelligent individuals who have an internationally recognised record of exceptional and outstanding achievement in sports, the arts, academia and research or a specific profession.

Recipients of the Global Talent Visa will be able to live permanently in Australia and work in one of the ten “future-focused” sectors below:

• Resources

• Agri-food and AgTech

• Energy

• Health Industries

• Defence, Advanced Manufacturing and Space

• Circular Economy

• DigiTech

• Infrastructure and Tourism

• Financial Services and FinTech

Find out more here.

Watch AustCham's previous webinar with Pip here.

On Tuesday, November 16, the AustCham Korea Secretariat team and Board Members attended the Hilton Christmas Train Launch Event at the Millennium Hilton Seoul!

It was great to kickstart the festive season with some Christmas Carols, a warm welcome address by the Hilton General Manager and AustCham Korea Board Member Felix Busch and the official Christmas Train Launch, which was followed by mingling with senior government and business representatives and an evening of delicious German Christmas market inspired food and free flow of Glühwein in the Oakroom.

Read more here.

On Thursday, November 18, AustCham Korea had the pleasure of meeting the new President and Representative Director of our Member A.P. Moller - Maersk, Adam Farmer.

Adam comes from an extensive logistics background and has spent over 9 years in the region, the most recent of which was about 8 years in Tokyo.

"The Chamber is glad to welcome Adam into his new role, particularly as supply chain resilience remains a predominant concern for our members and the broader Australia-Korea bilateral relationship", AustCham Korea Executive Director, Rowan Petz, noted.

AustCham looks forward to working with Adam and the rest of the Maersk team to advance Australia-Korea ties, expand our supply chain network and improve our current trade relationship.

Read more about AustCham Korea’s meeting with Adam Farmer here.

Find out more about Maersk here.

On Monday, November 22, AustCham Korea had the pleasure of meeting with Blackmores Group, Australia’s leading natural health company, at their office in Yeouido.

It was great to catch up with Blackmores Korea Country Manager Weon-Hee Cho and the rest of the Korean team to learn more about the strategies they have adopted in response to the challenges posed by the global coronavirus pandemic.

We look forward to continuing to work together and hope to see Blackmores, an iconic Australian brand, continue to grow in the Korean market!

Learn more about Blackmores here.

Read more about AustCham's meeting with Blackmores here.

On Saturday, October 30, AustCham had the pleasure of stopping by the Seoul Coffee & Tea Fair to say hello to one of our members, Nature-Shop (네이처샵).

Hosted at the Yangjae-dong AT Center between October 28-31, the expo brought together tea and coffee businesses and included the Golden Tea Awards.

Find out more about Nature Shop and their signature Lemon Myrtle range here.

On Monday, November 8, AustCham Korea was pleased to welcome a new remote Project Officer Intern from Griffith University - Willow Pershouse!

Willow is currently in her final year of a Bachelor of Asian Studies, majoring in Asian Societies and Cultures, and Korean Language, and has a deep interest in Asian history and culture. As a passionate Asian Studies student, Willow has both personal and academic experience in the region, including travelling to various countries in Northeast and Southeast Asia, as well as a Semester Exchange and Short-Term Intensive Language Program at Seoul National University.

Willow is eager to gain industry experience in Asia and learn more about the bilateral relationship between Australia and Korea throughout her time with AustCham Korea.

Despite travel restrictions, Willow is excited to begin her remote internship with AustCham Korea from her hometown in Brisbane, Australia and looks forward to developing new connections and enhancing her skillset.

When not working or studying, she can be found reading, spending time with her family and friends or bingeing documentaries about history and culture.

If you would like to connect with Willow and discuss aspects of the Australia-Korea bilateral relationship or cross-cultural engagement, you can find her LinkedIn.

Last month, AustCham Korea was pleased to host a special webinar, titled ‘Tech and Innovation in Korea: Insights for Global Companies Interested in the Korean Market'.

We would like to thank our special guests Sokjin Chang, Director of International Cooperation at Born2Global Centre, Craig Goldblatt, VP of Partners and Alliances at Globalization Partners, William Choi, Founder of Posture360, and Jo Billing, Founder of JOST & Co and AustCham Korea Board Member.

Check out the video here or visit AustCham Korea's YouTube channel.

On Wednesday, November 24th, AustCham Korea was pleased to partner with the Asia Society Australia, to present a special online webinar, ‘Australia and Korea: Middle Powers in Uncharted Waters‘.

This event was also supported by the Australian Government , Australia-Korea Foundation, and the Asia Society Korea.

The webinar was held over Zoom video conferencing, and featured key speakers such as Wongi Choe, Professor at Korea National Diplomatic Academy (KNDA), Hayley Channer, Senior Policy Fellow at Perth USAsia Centre, Yvonne Kim, Executive Director of the Asia Society Korea Centre, and Jeffrey Robertson, Associate Professor at Yonsei University.

Did you know that you can find AustCham Korea's past webinars on our YouTube channel?

We upload complimentary past webinars to make them accessible to you for review or viewing at your leisure. If you are an AustCham Member and would like to access some of the past paid webinar recordings, please get in touch with us at info@austchamkorea.org.

Click here to browse AustCham Korea's YouTube Channel and subscribe to keep track of our webinars and other initiatives.

Are you a graduate form a NSW university or TAFE?

AustCham Korea is proudly working with the New South Wales (NSW) Government in launching an NSW university alumni portal to connect prominent professionals working within the Australia-Korea trade corridor!

The database will include those who have previously studied in NSW and are currently working for Korean or Australian organisations. The purpose of building an NSW alumni database is to provide business opportunities in either Korea and/or Australia (especially NSW).

For more information about registering for the NSW Alumni Database and its benefits, please click here.

Australian Chamber of Commerce in Korea is pleased to announce a special commemorative event marking the 60th anniversary of diplomatic relations between Australia and the Republic of Korea. Hosted by the Chamber and supported by the Australian Embassy, the event will provide an opportunity for senior business leaders and government representatives to gather and reflect on the many successes achieved between our two countries.

Scheduled for Thursday, December 2, 2021, the event will be hosted in accordance to local social distancing recommendations and the attendee number is strictly limited.

This event is part of a series of several high-level engagements celebrating the 60th anniversary of diplomatic ties between Australia and the Republic of Korea.

For those interested in finding out more information on this engagement and other Sponsor benefits, please reach out to AustCham Korea’s Executive Director, Rowan Petz, at membership@austchamkorea.org

Find out more here.

Looking to expand your business’s network and stand out online?

Following on from our first NextGen LinkedIn Workshop in September, AustCham Korea would like to invite you to join us for a special AustCham Skills Workshop: LinkedIn for Business. Hosted by a true LinkedIn expert and Founder of Be In Digital, Luciane Borges the online workshop will take place between 12:30 p.m. and 1 p.m. KST on Wednesday, December 15th.

The themes covered in this workshop will include:

• How to efficiently manage a company page

• Insights on how to leverage your personal profile to elevate engagement

• Tops for small business owners and start-ups with a tight budget

The 40-minute presentation will be followed by an interactive 15-minute Q&A session.

Attendance for the workshop is free – so register now to secure your spot for this exciting session!

Register here.

Nominations for AustCham Korea's 2022 Board of Directors Elections are now closed.

In accordance with the AustCham constitution and by-laws, Directors step down after two years and may nominate for re-election. A total of six (6) board positions are up for nomination at the upcoming election.

Nominations for the 2022 Board of Directors have officially closed and are currently being reviewed by the independent Balloting Committee. If there are more than 6 approved nominees, an election is to take place between Friday, December 3, 2021 and December 17, 2021. New Directors will formally commence their terms from the day of the Annual General Meeting (scheduled for Wednesday, February 9, 2022).

For any enquiries regarding the nomination or election processes please check our website or contact Rowan Petz at exec@austchamkorea.org.

Looking for your something fun to do on the weekends or some Christmas gift ideas?

Get inspired with some terrific November specials from our Small Business Members!

Featuring deals from: Australian Tea Masters, Bae Juice, CrossFit Hannam, Globalization Partners, Gogozing Migration, Kanguru, Nature Shop, The Sool Company, Posture360 and Simple Spaces Korea.

Check them out here.

AustCham Korea is pleased to welcome Eastpoint Partners as the Chamber's newest Sponsor!

Eastpoint Partners specializes in leveraging investor, government and corporate relationships to provide strategic advice to companies looking to grow in Korea and other Asian markets. They advise across a number of sectors and when needed, recognising the challenges of Covid-19, provide coverage and senior executive support into a wide range of markets.

Learn more about Eastpoint Partners on their website.

AustCham Korea's Silver Sponsor, Australian Strategic Materials (ASM) welcomed Deputy Prime Minister of South Korea, Mr Hong Nam-ki to its Korean Metals Plant in Ochang Province, South Korea, to mark the start of the hot commissioning on its neodymium furnace.

This represents the first phase of commissioning activities, with additional modules of the Korean Metals Plant undergoing construction and installation. These first phase commissioning activities are planned to continue through the first half of 2022, with the full scale, 5200 tpa plant due for completion in the second half of calendar year 2022.

Australian Strategic Materials Managing Director, David Woodall said the hot commissioning milestone was an important one for the company as it moves towards the completion of the Korean Metals Plant.

“The team in South Korea has worked tirelessly to put us in a position to start commissioning activities at the Korean Metals Plant, despite the logistical and supply constraints as a result of covid. Although, we have more work to do to complete the installation of the facility and commission the full plant, this is a great early sign that our plant is working as expected for this stage.”

“We were also extremely honoured to have Deputy Prime Minister Mr Hong Nam-ki visit us at this significant stage for the business.”

Read the full announcement below or visit the ASM website.

AustCham Korea would like to congratulate one of our corporate members, Novotech, on their new partnership MOU for clinical trials with Inje University Busan Paik Hospital.

Over the past decade, Novotech has partnered with many major hospitals and specialist medical facilities across the Asia-Pacific region to further support its biotech clients’ clinical trial programs, and leading hospital Inje University Busan Paik Hospital is their newest partner.

Read more here.

Image Source: Novotech

Congratulations to AustCham Korea Silver Sponsor POSCO who have been named the world's most competitive steelmaker for the 12th year in a row!

On Tuesday morning POSCO was ranked number 1 as the world's most competitive steelmaker in the world by internationally recognized information provider on steel, World Steel Dynamics, at the "Steel Success Strategies" conference in Miami, Florida.

The company scored an average of 8.54 out of 10, and were commended on their efforts as they shift to more environmentally-friendly manufacturing methods and products, and their leading role in the promotion of carbon neutrality in the global steel industry.

Learn more about POSCO's win at the "Steel Success Strategies" Conference here.

Congratulations to AustCham Korea member Posture360 who have been named as one of the Top 25 Finalists at the Global Entrepreneurship Network World Cup!

Earlier this month the Entrepreneurship World Cup announced their finalists for the Top 25 Entrepreneurship World Cup to kick of the start of Global Entrepreneurship Week.

Posture360 will go on to join the other 24 finalists in presenting a pitch at the Entrepreneurship World Cup Global Finals, one of the world's largest and most diverse pitch competitions, in Saudi Arabia later this year as one of the top performers among 100,000 start-ups in 200 countries.

The winners of the Entrepreneurship World Cup will receive a cash prizes starting at $100,000USD for third place, $250,000USD for second place, and $500,000USD for first place. Top scoring start-ups in the idea stage and social enterprise categories will also be awarded $100,000USD.

Learn more about Posture360 here.

You can read more about the top 25 Global Entrepreneurship World Cup finalists here.

AustCham Korea would like to extend congratulations to Dr. Andrea Haefner for receiving the 'Australian Business Deans Council (ABDC) Award for Innovation and Excellence in International Education'. Dr. Haefner's win comes following her leadership of the Griffith Asia Business Internship (GABI) Program, an interdisciplinary, global WIL course, and adapting to a remote offering in 2020-2021, due to COVID-19.

Read more about the 2021 ABDC Awards here.

Learn more about the Griffith Asia Business Internship here.

AustCham Korea would like to congratulate our Corporate Member Lotte Hotels and Resorts for receiving top accolades from the Condé Nast Traveler's 2021 Readers Choice Awards and World Luxury Hotel Awards 2021.

In total, three LOTTE Hotel properties have been recognised and honoured by these prestigious travel awards, Hotel lotte SIGNIEL Seoul, LOTTE HOTEL SEATTLE, and SIGNIEL Busan.

SIGNIEL Seoul was also awarded the awards for 'Gourmet Cuisine' at the World Luxury Restaurant Awards 2021, 'Luxury Destination Spa' at the World Luxury Spa Awards 2021, and 'Luxury Gourmet Hotel' at the World Luxury Hotel Awards.

Read more about LOTTE Hotels' awards here.

Congratulations to AustCham Korea's Silver Sponsor, Australian Strategic Materials (ASM) on making its debut in PwC Australia's Mid-Tier 50 (MT50) list – as released in their “Aussie Mine 2021” report.

The report called out the significant role critical minerals will play in the transition to a lower-carbon global economy.

At ASM, the team is dedicated to investing in the development of a secure, alternative supply chain of critical minerals and metals, to support the energy transition.

Read the report here.

AustCham Korea would like to congratulate Bae Juice on their partnership with Untitled Group , one of the largest event-based companies in Australia, responsible for beloved festivals like Beyond The Valley, Wildlands Festival, Ability Fest and many more. The partnership between Untitled Group and Bae Juice has been dubbed a "match made in heaven for partygoers".

Bae Juice is one of our members leading the charge in expanding Korean-influenced products into the Australian market, more notably as the first 100% Korean pear juice to hit Australian shelves. Bae Juice is a natural hangover remedy that is high in fibre and antioxidants, packed with micro-nutrients, and free of artificial colours and added sugars - What's not to love?!

We look forward to seeing the success of Bae Juice's first outing with Untitled Group at Melbourne’s New Year’s Eve festival, Beyond The Valley , at the Sidney Myer Music Bowl.

Read more about Untitled Group and Bae Juice business partnership here: https://lnkd.in/gqc2da38

Learn more about Bae Juice here.