The South Korea government has increased its support package for the country’s semiconductor industry to ₩33 trillion (US$23.25 billion), up about 25 per cent from a ₩26 trillion package...
Trade
Posted on
| by Doina Chiacu, Nathan Layne and Jeff Mason
US President Donald Trump says his administration’s latest message that the exclusion of smartphones and computers from his reciprocal tariffs on China will be short-lived, and has pledged a...
Posted on
| by Eduardo Baptista and Che Pan
US chipmakers that outsource manufacturing will be exempt from China’s retaliatory tariffs on US imports, according to a notice by the main Chinese semiconductor association on Friday. Given the...
Posted on
| by Heekyong Yang
Samsung Electronics is expected to forecast a 21 per cent drop in Q1 profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its...
Posted on
| by Justin Hendry
Australia will make $1 billion in interest-free loans available through National Reconstruction Fund to businesses in response to new trade tariffs imposed by the United States. Prime Minister Anthony...
Posted on
| by Joseph Brookes
Australia will not negotiate with the Trump administration on domestic rules that force US tech companies to pay for Australian news, Prime Minister Anthony Albanese said on Tuesday. It...
Posted on
| by Justin Hendry
Local defence companies have chalked up more than $25 million in licence-free exports to the United States and United Kingdom in less than six months under Australia’s new export...
Posted on
| by Brandon How
A new digital portal built for Austrade’s reformed ‘first-come, first-served’ export grants program processed hundreds of submissions for funding within hours of applications opening, frustrating some users. The speed...
Posted on
| by Justin Hendry
India will set up a trade promotion office in Sydney to act as a single-front door for investors and businesses as the two countries look to double two-way trade...
Posted on
| by Brandon How
The South Australian government wants at least 10 innovative companies from interstate or overseas to set up shop in the state this year under a new $1 million a...
Posted on
| by Brandon How
Grants awarded under the reformed Export Market Development Grant program will be worth at least $20,000 following the introduction of a minimum value and a shift to a first-come,...
Posted on
| by Denham Sadler
Ernst & Young will be paid $6 million over the next year by the federal government to vet lithium and cobalt projects in Australia. The projects are slated to...
Posted on
| by Brandon How
A new eligibility criteria for the federal government’s troubled Export Market Development Grants program came into effect on Friday, conferring additional powers on the Austrade chief executive. The Export...
Posted on
| by Justin Hendry
Australia will set up two international ‘Landing Pads’ in Southeast Asia as part of a new trade and investment package that also includes $2 billion in federal government financing...