Australian SMEs ahead of the curve: Moving to pricing in the Chinese yuan for export and import
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Smart Company reports that more than 40% of Australian SMEs exporting to or importing from China plan to settle transactions in Chinese yuan (also called renminbi) over the next year, a HSBC survey published yesterday shows. Read the fill article here http://www.smartcompany.com.au/financial-services-and-insurance/054901-australian-smes-ahead-of-the-curve-moving-to-pricing-in-the-chinese-yuan-for-export-and-import.html?utm_source=SmartCompany&utm_campaign=c676d5d4a8-Wednesday_3_April_201303_04_2013&utm_medium=email
Understanding identity is the key to succeeding in China
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The 21st century is predicted to be Asia’s century. As the leading economic power in Asia, China has become a popular business partner for many countries notably Australia. With increasing business interactions between Australia and China, many Australian companies have established branches in China. But are Australian companies ready...
Yuan Appreciation – highest in 19 years against greenback
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The yuan strengthened beyond 6.21 per US dollar for the first time in 19 years yesterday after the People’s Bank of China raised the currency’s reference rate and as investors reassured by a bailout deal for Cyprus returned to emerging-market assets. The central bank’s fixing of the yuan at...
Queensland mining and resources job cuts and job creation.
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AUSTRALIA’S resources industry has a fetish for cutting at the moment: cutting workers, costs, offices and cutting investment. But for all the crying poor, the industry – including gas, oil, coal and iron ore – could deliver more than 130,000 jobs across the country by 2025. Up to 40,000...
Gillard and a Soft sell in China
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After the government’s traumas, stepping back onto the international stage will be an attractive proposition for the Prime Minister before she has to face the rigours of battling with the states over education funding at the Council of Australian Governments meeting on April 19 and then the test of...
Digital Hollywood and the role of content creators
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If investment companies and banks say film is high risk,then how can they say that over-valued internet companies are less so?” Why invest in a company over-valued to the turn of USD $350 million and not in a film by a filmmaker of USD $5 million or a series...
Netflix: a house of cards or the new HBO?
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In arguably the TV event of 2013 so far, House of Cards – a $100 million, 13-episode TV series starring Kevin Spacey, directed by David Fincher, and commissioned by Netflix, premiered exclusively online available only to Netflix subscribers in North and South America and in Scandinavia. Metacritic, a site...
Second-screen users will drive social TV activities
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STAMFORD: Second-screen devices combined with customised content, interactive apps and loyalty programmes will fuel the behaviour of social TV consumers over the next 24 months, according to Gartner. Social TV describes consumer engagement, communication and interaction while watching television. Gartner said social TV activities can enhance the value of...
A losing battle for renminbi supremacy
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Asia came to currency early, and it soon learnt to treat coinage as a weapon of war. Indeed, the coins minted in China during the warring states era, almost 500 years before Christ, were made in the shape of knives. This may explain why the west tends to be...
Nearly half (45%) all real estate investment into the Asia Pacific region is flowing into Australian commercial property markets
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Australia to continue as commercial property investment hotspot in 2013: Jones Lang LaSalle Nearly half (45%) all real estate investment into the Asia Pacific region is flowing into Australian commercial property markets. This is double the next biggest markets of Japan (19% of investment) and China (18), according to...