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Australia Chamber names 2012 board

Feb 6, 2012

Those who attended the recent Australia Chamber of Commerce general meeting had a chance to meet the newly elected board of directors.After brief welcoming remarks from interim chairman Peter Feltis, the Chamber’s patron Australian Ambassador Sam Gerovich explained the importance of the chamber to Korea-Australia relations especially in the context of 2012, when a Korean-Australian free trade agreement could become a reality.The new board of directors for this year are Feltis from Samsung Engine
Offshore wind summit out to attract EU firms

Feb 6, 2012

The European Union Chamber of Commerce has arranged for a special discount for members that participate in the Offshore Wind Construction Summit in Jeju.The summit on Feb. 15-17 will offer a platform to address concerns about the offshore wind construction industry, while exploring the challenges in constructing offshore wind farms.Case studies from around the world will be used to address key technological and operational issues when it comes to delivering an offshore wind farm that meets gover
Cafe du Commerce’s first networking event

Feb 6, 2012

Networking is probably one of the most important aspects of doing business in Korea so with that in mind the French chamber will hold their first networking event of the year.The French Korean Chamber of Commerce and Industry in partnership with the Economic Mission of the French Embassy and Novotel Hotel are presenting a special edition of Cafe du Commerce on Feb. 9.Held at the Novotel Ambassador hotel in Gangnam, the event will offer a French style buffet with regional and traditional favorite
German Chamber event for new members

Feb 6, 2012

A seminar has been organized to welcome new members of the Korea-German Chamber of Commerce and Industry. During the meeting on Feb. 13, the chamber will offer information and advice for professional and private challenges by experienced directors and staff at the KGCCI.Registration is only accepted online until Feb. 8. The event will be at the Chamber’s office on the 7th floor in Hannam-dong and costs 80,000 won, including a traditional Korean dinner. For enquiries, contact Hana Cha, senior eve
Factiva expects Korean market to grow

Feb 6, 2012

Dow Jones’ Factiva, one of the largest digital business information aggregators and archivers in the world, sees a growing interest among Korean companies for its services, which can start at about $2,500 a month.Korea business development manager Kim Sae-hoon said, “Corporations are hungry for reasonable and accurate information. So Korea, even if the information industry is not there yet, we expect it will grow, the media industry is booming here but it’s in the beginning stages.”The average k
British Columbia beckons Korean firms with tax incentives

Feb 6, 2012

A top Canadian executive has expressed hope that more Korean companies will be attracted by British Columbia’s tax incentives.Under the tax benefit program, a company can receive a provincial corporate tax refund of 10 percent by registering an international business in the region. There are also programs where refunds will pay back on the net income of the international financial business.“Increasingly, companies are starting to pay attention to this benefit because as profit margins begin to t
Queensland to expand Korea ties

Feb 6, 2012

Investment chief expects closer relations in energy, food and marine resort sectorsTrade volume between Korea and Australia has soared to more than $27 billion since the two countries established diplomatic relations five decades ago. Korea now is Australia’s third-largest trading partner.At the forefront of that relationship is Queensland Government Trade and Investment Office, which is responsible for attracting business between Korea and one of Australia’s most important trading states.Korea’
Era of falling food prices sees an end

World BusinessFeb 6, 2012

World food output must rise 70 percent by 2050, FAO saysThe era of falling food prices has come to an end with the world population set to add another 2 billion people, according to Cargill Inc., the U.S. farm commodities trader. The United Nations’ Food and Agriculture Organization has said global food output must rise 70 percent by 2050 to feed a world population expected to grow to 9 billion from 7 billion now and as increasingly wealthy consumers in developing economies eat more meat. Food p
China bans payment of EU carbon fees

World BusinessFeb 6, 2012

China cabinet decision comes a week before China-EU summitBEIJING (AFP) ― China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.Beijing has said repeatedly that it opposes the new European Union plan, which was imposed with effect from Jan. 1, and which Chinese state media have warned would lead to a “trade war” in the sector.A statement on the webs
[Naomi Wolf] An Iraqi film hero in America

ViewpointsFeb 6, 2012

NEW YORK ― One of Iraq’s only working filmmakers, Oday Rasheed ― whose brilliant film “2005 Underexposure” followed a group of characters in Baghdad after the United States-led invasion in 2003, and whose new film “Qarantina” is now premiering ―is in Manhattan. The glamorous settings in which he is now showing “Qarantina” ― a screening at the Museum of Modern Art, for example, and in the private homes of American directors and stars ―could not be further removed from the violence-riddled context
N. Korean accordion players are a YouTube hit

MusicFeb 6, 2012

SEOUL (AFP) ― A group of North Korean accordion players is proving to be an unlikely hit on YouTube, attracting nearly 320,000 viewings in five days with their spirited version of a 1980s pop song.Five students of Pyongyang’s Kum Song School of Music are seen performing the mid-80s hit “Take on Me” by Norwegian group a-ha, a rare performance of popular Western music in the reclusive communist state.The performance last December was filmed by visiting Norwegian artist Morten Traavik, who posted t
M.I.A. makes rude gesture in Super Bowl show

MusicFeb 6, 2012

For all the pomp and excess of Madonna’s Super Bowl halftime extravaganza a single rude gesture by guest singer M.I.A. is likely to be the most remembered piece of the show.The gesture, accompanied by a barely disguised expletive, came during a performance of Madonna’s new single, “Give Me All Your Luvin.’’’ At the end of her lines, British singer M.I.A. appeared to sing “I don’t give a (expletive),’’ although it was hard to hear clearly. The incident was reminiscent of Janet Jackson’s infamous
A risk averse young generation in Singapore

World NewsFeb 6, 2012

Even before he graduated from university, Lawrence Kim was already running a million-dollar business.The Singaporean had taken over his father’s marine inspection and service company in 2005 when he was just 23, and turned it into a million-dollar venture in just a few years.“My father had been doing a good job with it, but he didn’t really want to grow it,” said Kim, now 30 and the managing director of Ebenezer NDT Services.“I saw the potential in it and I couldn’t let my father’s efforts go to
In Philippines, there’s life after prostitution

World NewsFeb 6, 2012

As the night grows older, this part of the city becomes more alive. Women in low-cut, body-hugging clothes start appearing on the streets of Quezon City’s red light district in Metro Manila. Some make their move on potential customers.Also in the area are other women dressed more conservatively in jeans and shirt. They are not around to earn money for the night. Belonging to Bagong Kamalayan Collective Inc. (BKCI), they have come to talk to their scantily clad “sisters” about their rights and to
Demand for organic food grows

World NewsFeb 6, 2012

Increasing popularity shows Chinese consumers’ concerns about food safetyA farmer in Zouping county in East China’s Shandong province picks organic tomatoes. Dong Naide / For China DailyOrganic food products have become popular New Year gifts as the Chinese are paying more attention to health and food safety. On Friday in a Wumart supermarket in Beijing’s Chaoyang district, Han Yuying, a 53-year-old worker at a nursing home, was trying to select a box full of eggs that, according to the label, w