Wednesday, July 30 2014 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
BANGKOK - As Thailand unshackles itself from the constraints of nine months of political stalemate and an economic recovery falls into place, the beleaguered manufacturing sector is not without considerable challenges going forward, according to a research paper by ANZ Bank.
BEIJING – Facing a sluggish domestic property market, Chinese real estate companies are looking abroad for the possibility of participating in overseas casino projects. A report released by Morning Whistle Group, a Shanghai-based internet platform that helps Chinese capital conduct cross-border investment and overseas M&A, says the new two most popular destinations are South Korea’s Jeju Island and Queensland, Australia.
BEIJING - The Chinese Government has approved establishment of three private banks in an effort to diversify the financial services sector. Shang Fulin, Chairman of the China Banking Regulatory Commission, announced the three lenders are Shenzhen Gianhai WeBank, Wenzhou Civil Commerical Bank and Tianjin Jincheng Bank. Tencent will hold a 30% stake in Shenzhen Qianhai WeBank.
TOKYO –A confluence of Southeast Asia’s need for new investment in infrastructure and Japanese Government efforts to crank up Japan’s economy is encouraging Japanese companies to pursue infrastructure projects in the region – but there are challenges ahead, says ratings agency Standard & Poor's in a new report.
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Browse the full listings of the latest Business Diary entries here.
Trade Mission to Tokyo – Food and Beverages – October 14-17, 2014
The time is right! Australia’s new Economic Partnership Agreement with Japan heralds a planned reduction of tariffs across all sectors. This will ease market barriers for both new and existing exporters to Japan.
The Export Council of Australia in conjunction with the Hong Kong Trade Development Council is sponsoring this educational webinar from 12.30pm – 1.30pm on Tuesday August 5. Among other presentations, George Davey, a Director of Pirrama Consulting, will discuss his experience exporting food and beverages into China, including Norco’s journey to get fresh milk into China. He will provide insights on packaging and labelling, customs clearance and more. https://www4.gotomeeting.com/register/734409711
Australia China Business Week Sydney – September 4-5, 2014, Shangri-La Hotel, Sydney
Key topics include the impact of economic reform in Shanghai and the Shanghai Free Trade Zone on Australian businesses, trends in agribusiness in Australia and China, Australia’s national food mage and branding, and how Australian SMEs can access Chinese consumers through technology and digital channels.
