Lao forest sold to Aust-based fund
Time to let a little sunshine in?
NORTH KOREA: A land of no good options
Writing those OBOR contracts

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ATI Newswire - the latest updates

Vietnam’s GDP growth accelerates to 6.17%

July 18, 2017

HO CHI MINH CITY - After disappointing GDP growth in the first quarter of 5.15% YoY, Vietnam achieved  6.17% YoY for the second quarter, taking the figure for the first half to 5.73% YoY. Sector-wise, solid growth continued to be seen in the manufacturing and construction sectors (+10.5% YoY and +8.5% YoY in 1H, respectively), but the mining sector was still weak (-8.2% YoY) due to low oil prices.

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Chinese overseas investment plunges 46% in first half

July 17, 2017

SHANGHAI - China’s nonfinancial outbound direct investment (ODI) dropped significantly during the first half of this year as companies spent less on overseas mergers and acquisitions. Caixin reports that Chinese companies spent US$48.2 billion as ODI from January through June, a decline of 45.8% from the same period in 2016, Commerce Ministry spokesman Gao Feng told a news conference.

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Stage set in India for rate cut in August, says ANZ

July 17, 2017

MUMBAI – ANZ Bank is tipping an interest rate cut of 0.25% for India at the Central Bank meeting in August, with inflation dipping to a series low of 1.54j% y/y in June. ANZ says that apart from the benefit of a favourable base effect, a key reason for the moderation is benign food prices.

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Chinese, U.S. enterprises sign off on agricultural transaction contracts

July 14, 2017

BEIJING – Around 20 Chinese and U.S. enterprises on Thursday signed agricultural transaction contracts worth US$5.012 billion, under which Chinese enterprises will import 12.53 million metric tonnes of soybean and 371 tonnes of pork and beef from the U.S, companies.

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Business Diary

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Australia China Business Week 2017 Melbourne, Sydney

September 20, 2017 to October 12, 2017

Dates for the 2017 Australia-China Business Week events have been changed. The Sydney event will be held from September 20-21 at the SMC Conference Centre, and the Melbourne event at the Crown Conference Centre from October 11-12.
 
ACBW 2017 will offer essential and timely insight into trends shaping the world’s second-largest economy, the opportunities that they provide for Australian companies, the changing relationship between Australia and China, and the implications for businesses operating between the two countries.

Australia-Taiwan business relations and opportunities – Newcastle/Hunter

September 14, 2017 to September 16, 2017

Senior leaders of Taiwan Power Corporation (Taipower), China Steel (CSC), Chinese Petroleum (CPC) and Formosa Plastics Group (FPG) will join leading educationalists and representatives of Taiwan’s research community and high-tech industries at the 31st annual joint meeting of the ROC-Australia Business Council and the Australia-Taiwan Business Council (ATBC) at the Crowne Plaza Newcastle from September 14-17.

To list an event on Business Diary, please email admin@asiatoday.com.au or call us on (61 2) 8068-5570.