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A report on payment behaviour issued by international credit agency Coface has revealed that more Indian companies have started to adopt open accounts in their business dealings, a significant step for a method that was relatively unknown a decade ago. “The use of open account payment terms has now become common practice in India,” according [...]
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The USA has decided to extend its dairy export subsidies by another year, despite strong objections from other nations, including Australia. Australian Minister for Agriculture Tony Burke expressed disappointment at the decision. Currently touring the US, Burke met with US Trade Representative Ron Kirk earlier this week and spoke with Secretary of Agriculture Tom Vilsack [...]
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Thailand offers a plethora of trade and investment opportunities for Australian exporters. Located in the heart of South East Asia, the Thai capital, Bangkok is an urban sprawl of more than 8 million people housing Thailand’s centre of political, economic, social and cultural activities.
...read moreResults from the new HSBC Trade Confidence Index show that despite a pessimistic global outlook, Australia importers and exporters take comfort in trade with Asia, particularly China, in these tough times. “Australia is entrenched in the global economy and continues to be impacted by international uncertainty, however the HSBC Trade Confidence Index highlights the opportunity [...]
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The Asian Development Bank has released a report revealing the true cost of climate change for South East Asia, one of the world’s most vulnerable regions. Climate change would see a decline in combined gross domestic product (GDP) by almost seven percent by 2100, twice that of the global average loss. Food and water shortages [...]
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