UAE Ministry of Economy looks to strengthen cooperation with Australia
Non-oil trade between two countries reached $2.8 billion in 2015...
Tag : australia
Australia new vehicle sales hit a record in 2016
Shows a 2% hike from 2015...
India demonetises currency to move away from cash
But this is not the first time a country has opted for demonetisation IFM Correspondent November 11, 2016: In a move that came as a shock, the Indian government banned currency notes of 500 and 1000 denomination rendering them worthless at November 8 midnight. The measure was taken to control fake currency notes and unaccounted...
Datatec Financial Services makes new appointments
Three new senior hiring done September 06, 2016: Datatec Financial Services, a subsidiary of Datatec Limited, has made three senior appointments in North America, UK, and Australia. The group appointed Paul Christensen as director of North America, Mark Hegarty as director of Australia and New Zealand and Paul Tweehuysen as commercial director based in the...
The best places to work in Asia
Most of the companies are located in Australia followed by India IFM Correspondent March 24, 2016: Freight company DHL beat Google and SAP to be the best company to work in Asia under the MNC category, according to a survey by Great Place to Work, which conducts research on the characteristics of great workplaces. Australia-based...
PM wants Australia to move from mining to startups
Prompted by downturn in mining industry Suparna Goswami Bhattacharya March 1, 2016: Every country at some point or the other goes through a transformation phase where it decides to explore a new industry or a sector. Currently, Australia is in that phase. It is no secret that Australia for long has rested on wealth from...
More concern about Chinese economy
Survey reveals uptick in late payment of B2B invoices October 23, 2015: Concern over China’s economic performance persists, causing a further downward revision of its 2016 growth forecast from 6.9% this year to 6.7% in 2016. Atradius survey shows an uptick in late payment of B2B invoices in China. This can have a knock-on effect on...
‘With AIIB around, ADB will no longer be complacent’
ADB was not doing much lending before as Japan was too busy trying to put its own house in order Suparna Goswami Bhattacharya July 31, 2015: Since the day China announced its intention to set up Asian Infrastructure Investment Bank (AIIB), US has been skeptical about its intention. Same with Japan. Though initially, supporters were...
Australian overnight interest rates kept unchanged
The move, which comes on the eve of the national budget, is the most prudent course, says RBA Governor, reports Team IFM Sydney, May 8: In a widely-anticipated policy announcement on Tuesday that has propped the country’s construction sector and stoked employment since last September, Australia’s central bank said it was keeping its overnight cash...
Trade Regionalism in the Asia-Pacific: New Game, Old Rules?
By Swarnim Wagle. 3rd December 2013 Negotiations over one of history’s most ambitious trade deals have taken another step towards defining the future of Trans-Pacific trade. The latest round of discussions on the Trans-Pacific Partnership (TPP) wrapped up this past weekend in Salt Lake City, Utah. Negotiators are believed to have made headway on a number of...