Australia has recorded its first trade deficit in almost a year in January.
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Australia’s total trade in services grew 2.4 percent to $107.9 billion in 2011, a recent report has revealed.
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Trade in financial services through foreign affiliates increased last financial year, against a backdrop of declining service exports.
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German trade fair organiser Deutsche Messe AG is offering an online business matchmaking service for companies attending CeBIT 2011. Held in Hannover, Germany from from 1-5 March this year, the fair is an annual international showcase for innovations in the international information and communications technology (ICT) industry and attracts around 500,000 attendees from 100 countries, [...]
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The first Import Export Industry Awards will be held next year to recognise providers of services and solutions essential to international trade. Award categories will include freight and logistics, banking and financial services, education and training, business services, software and information technology. The event is organised by the Import Export Show. The awards website goes [...]
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A wave of change is sweeping over the developing nation of Vietnam. While still a single-party state, power continuing to lie with the Communist Party of Vietnam, the appointment of relatively young politicians into newly created ministries is considered a significant generational change and a sign of the reformationist culture bringing the country into the [...]
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Free trade agreements are the darling of any economic relationship, but what are their limitations, and how can you maximise the benefits they bring? Earlier this year, the Australian Industry Group (Ai Group) released results from a survey they conducted among small to large exporters on the benefits of free trade agreements. The survey found [...]
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Australia increased its exports by 22.6 percent to almost $284 billion last year despite the economic downturn, according to a new Department of Foreign Affairs and Trade (DFAT) report, Australia’s Trade by State and Territory 2008-09. Coal and iron ore were the commodities instrumental to export growth. Western Australia had the rising price of iron [...]
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The next round of free trade negotiations between Australia and China has been scheduled for February 2010, more than a year after they stalled in December 2008. Agricultural obstacles and issues over services were blamed for the earlier impasse. “They weren’t prepared to deal seriously on their sensitive issues, agriculture and services. Theirs is an [...]
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Entries for the 10th anniversary of the Hong Kong-Australia Business Association (HKABA) NSW Chapter’s Business Awards increased by 50 percent, making this year more competitive than past awards, according to Belinda Wong, chairman of the 2009 Business Awards Organising Committee. The awards recognise NSW companies that excel in all aspects of international trade between NSW [...]
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