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Can Europe, US learn lessons from history? - Japanisation - low interest rates, and central banks that are prepared to print money, is the new phenomenon set to sweep Europe and the US, according to Japan's top financial diplomat, Takehiko Nakao, who adds that the trauma of this year's earthquake and tsunami has brought renewed confidence to Japan. The Japanese people are finally opening their wallets again.
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Chinese banks allocating more credit for SME sector - Jiang Jianqing, Chairman of ICBC, clarifies what he sees as an erroneous perception of China's banking system.
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Floods leave Thailand at crossroads - Can Thailand set new standards of governance to win confidence from investors?
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South Korea's trade deals too late? - Ill winds blowing from Europe and the US could be the edge of a coming storm.
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Taiwan pushing to widen FTAs - Taipei is now casting eyes on the wider Trans-Pacific Partnership (TPP) trade grouping, which won US support at November's APEC meeting.
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Australia in Asia - GHD focus is on China, Americas; Architects plan JV in Shanghai; ANZ Bank seeks growth in resources, commodities, agribusiness trade; HSBC says Australian business lagging on RMB trade.
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INDONESIAN GOVT RAISES MINING COVERAGE ROYALTIES
JAKARTA - The Indonesian Government has expanded coverage of royalties to 66 types of minerals in order to reach income targets from the mining sector outside oil and gas in 2012. With the revision of a previous regulation, the Government raised the revenue target to Rp108.22 trillion (US$12 billion) in 2012 from Rp77.38 trillion last year, said Thamrin Sihite, the mineral and coal Director-General. Thamrin said under the old regulation, royalty was not charged on a number of minerals like bismuth, which is used in alloys and as pharmaceutical and cosmetic feedstock; and iron sand. He added that the Government is also renegotiating working contracts in the mining sector as non-tax revenues paid by a number of mining companies are considered too small. Under the new regulation, US copper and gold mining company Freeport Indonesia has to pay higher royalty at 3.75% from 1.0% under the old regulation, he said (Asia Pulse).
OVERSEAS SALES PUSH KIA MOTORS TO RECORD PROFIT SAMSUNG ELECTRONICS REPORTS 17% RISE IN Q4 NET LG ELECTRONICS EYES NEW FIVE-INCH SMART DEVICE
SEOUL - LG Electronics Inc. (KSE:066570), the world's third-largest handset maker, is seeking to unveil a new 5-inch smart device that combines the strength of a smartphone and a tablet computer. The company said it is preparing to showcase the device – that is larger than a smart-phone, but smaller than a tablet computer, making it comparable in size to the Galaxy Note produced by rival Samsung Electronics Co.(KSE:005930). LG declined to comment on the product's release date. The electronics giant said it will also launch one tablet computer and three smart-phones in the first quarter, and most of them are likely to be run on the fourth-generation (4G) networks dubbed long-term evolution (LTE). LG has been betting on the high-speed 4G wireless market in a bid to turnaround its money-losing handset business. LG's mobile business logged a six straight quarterly loss through the third quarter (Asia Pulse).
March 28-30, 2012
Australian buyers attending Sri Lanka Expo 2012 can qualify for three nights accommodation and a 15% discount on tickets purchased through Sri Lankan airlines offices (not travel agents) for the event. The Sri Lankan Consulate in Sydney is co-ordinating a delegation of Australian buyers to the Expo, to be staged at Bandaranaike Memorial International Conference Hall (BMICH) in Colombo. One-on-one business meetings can be arranged with Sri Lankan exporters. Call the Consulate on (61 2) 9235-2582 or email slcgsyd@bigpond.com http://www.srilankaexpo.com
January 18, 2012
Second Asia Private Equity Forum, Hong Kong - Held in conjunction with the Asian Financial Forum, this event features a range of senior speakers from across Asia’s private equity industry – in China, India, Indonesia and elsewhere. View the full programme at http://www.hkvca.com.hk/apef http://www.hkvca.com.hk/apef
March 19-23, 2012
Mines and Money Hong Kong - Asia-Pacific’s largest mining investment event at the Hong Kong Convention and Exhibition Centre will see 250 mining companies exhibiting their investment offerings. More than 2,500 delegates from the mining and investment communities will attend this five-day event For more information visit www.minesandmoney.com/hongkong or contact Charlie Hastings on (44 1)932 269777, email chastings@beaconevents.com http://www.minesandmoney.com/hongkong
OUR ONE-STOP SHOP
Direct links to Government trade and investment sites; the Asia Market - Products
and Services, itemised by category; Contact Directories (Professional Services,
Banking and Finance, Trade Services and Logistics, the ASIA2010 Directory).
(updated Nov 2011) ASIA 2012 Directory [ PDF - 1.3mb ]
2011 Trade Services and Logistics Directory - August[ PDF
- 1.44mb ]
2011 Banking and Finance Directory - June[ PDF
- 1.18mb ] 2011 Professional Services Directory [ PDF
- 1.08MB ]