Esther Tanquintic-Misa

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Australia’s Victoria Opens $6M IT Lab

A new state-of-the-art $6 million IT laboratory has been launched in Hawthorn East in Victoria, Australia which science experts expect will aid the advancement of the country's IT industry.

Australia Grants New Offshore Exploration Permits Worth $277M

Australia, currently third-largest exporter of liquefied natural gas (LNG) in the Asia Pacific region and the fourth largest in the world, has awarded seven new offshore petroleum exploration permits in the gas-rich areas offshore the Northern Territory and Western Australia, Minister for Resources and Energy Martin Ferguson announced Thursday.

Australia's Myer Full Year Net Profit Down 13%

Australia's largest department store chain, Myer Holdings Ltd, reported that its full year net profit sank 12.7 per cent to $139.365 million compared from a year ago as it continues to sail through tough conditions in the retailing environment.

Olympic Team in Hot Water

Australia's Olympic swim team is now in submerged in hot water after a panel was requested to be established to review the team's lackluster performance in the recently concluded 2012 London Olympics in August.

Australia’s National U is Country's Best University

A new list of world university rankings for 2011-2012 released by QS World University Rankings has ranked the Australian National University (ANU) as Australia's best university, while the Massachusetts Institute of Technology is the world's best.

Iron Ore Prices Up On Beijing’s Infrastructure Plan

Spot prices of iron ore jumped like crazy on Monday after Beijing announced over the weekend it would embark on an AU$150 billion ($US157 billion) infrastructure building plan to boost domestic spending, giving iron ore miners hope for better days ahead.

Malaysian Court of Appeals Upholds High Court Judge Decision on Lynas TOL

The Court of Appeals of Malaysia had upheld a decision by a High Court judge wherein the latter ruled that the opposing residents to the presence of the rare earths processing plant of Australian miner Lynas Corp in Kuantan should first appeal to the proper venue before bringing the matter to the High Chambers.

Japan, Russia Sign $7B LNG Plant Facility

Setting aside a longstanding territorial dispute, Japan and Russia have forged ahead to continue building a $7 billion liquefied natural gas (LNG) plant in Vladivostok spurred by Asia's growing demand for the chilled fuel.

Qantas Shares Up Following Deal With Emirates

Shares of beleaguered Australian carrier Qantas Airways surged on Thursday after the flying kangaroo announced on the same day it has entered into a 10-year arrangement with Dubai's Emirates that will enable the Australian airline fly to London via Dubai.

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