Welcome to the November edition of the AKBC e-newsletter, where we share the latest developments and updates on the Australia-Korea bilateral relationship.
Total balance of individual retirement pensions (IRP) at Korea's five major banks has exceeded 36 billion USD for the first time, marking an increase of 7.9 billion USD year-on-year.
On 12 November, the AKBC team met with Mr Yi, the Consul General and Mr. Cho, the Consul of the Republic of Korea in Melbourne to discuss exciting collaboration opportunities for upcoming events in 2025.
The Age Good Food Guide yesterday announced Korean Chef Jung Eun Chae, who runs a six-seat Korean restaurant named "CHAE" in Melbourne as the Chef of the Year.
Ahead of hosting next year's Asia-Pacific Economic Cooperation (APEC) Summit, President Yoon received the ceremonial "varayok", formalising South Korea's role as the next APEC chair.
GS Engineering & Construction (E&C) Australia has signed a contract with the Victorian Government to deliver the Tunnels North contract for Suburban Rail Loop (SRL) East in Melbourne
Dr. Lee emphasises the importance of establishing cooperative relationships between the National Pension Service (NPS) in Korea, which manages over KRW 100 trillion (AUD 1,000 billion), and super funds in Australia.