News

South Korea and Australia have committed to advancing the procedures for cross-border carbon dioxide transport, facilitating the progress of their bilateral carbon capture and storage (CCS) project. 

SK E&S announced a partnership with Australia to produce blue hydrogen utilising LNG and CCS (Carbon Capture and Storage) technology.

S-Oil is now recycling spent cooking oil, palm oil byproducts, waste plastic-based pyrolysis oil, and other bio-based feedstocks to increase the number of low-carbon fuels and environmentally friendly chemical products it produces.

The Korea Aerospace Research Institute (KARI) has successfully tested wireless power transmission across a distance of 1.81 kilometres in space, surpassing the 1.5 kilometres set by the U.S. National Aeronautics and Space Administration (NASA) as the greatest distance to date.

Connecting Green Hydrogen APAC 2024
—— Empowering the Green Hydrogen Transition in Australia and APAC

A.SINGLE.PIECE is a newly opened contemporary art gallery in Surry Hills, Sydney focusing on Asian art, particularly Korean.

AKBC member GreenPlus Co. Ltd. recently developed one of the world’s largest vertical farms totalling 1.9ha under 2.6ha.

Hanwha Defense Australia is one of AKBC's Accelerate members and their Managing Director, Richard Cho recently shared their plans in an interview with the Australian Defence Magazine. 

The Australia-Korea Business Council (AKBC) is hiring a Project Manager!

The AKBC exists on behalf of its members to promote and further the Australia-Korea bilateral relationship. Since 1978, AKBC has been committed to promoting two-way trade and investment with the Republic of Korea, fostering economic cooperation and partnerships between the Australian and Korean business communities. Korea is one of Australia’s largest bilateral trading partners and the opportunities for deepened engagement and economic success are increasing.

The Project Manager can be based in any Australian State or Territory and must have experience working in the Australia-Korea bilateral relationship.

National Pension Service (NPS), the third-largest pension fund in the world, posted a double-digit return for the first time in the previous two years in 2023, setting records for assets and profits.