Focus Asean 2012

So close, yet so far

Asia is crucial to Australia's trade future, so why is it not investing more in the region?

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When Australia's Treasurer Wayne Swan announced in early April his decision to reject Singapore's stock exchange cash-and-shares bid for Australia's equivalent ASX, his message was straightforward. "Becoming a junior partner to a smaller regional exchange through this deal would risk us losing many of our financial sector jobs," he said. "So let's be clear. This is not a merger, it's a takeover that would see Australia's financial sector become a subsidiary to a competitor in Asia."

 

 

Takeovers' upward trend

A record number of merger and acquisition deals were signed in Vietnam last year, according to PricewaterhouseCoopers

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At $1.7 billion, the total value of the 345 deals is the highest ever recorded in Vietnam, and marks a 65% increase compared to 2009.

 

Rubber quality gains recognition

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Cambodian rubber may receive an international stamp of approval if negotiations with a major Japanese tyre maker lead to a deal

Chub rubber plantation is currently in talks with Bridgestone to agree on quality and stock requirements, as well as smooth out transportation issues.

 

Private eye

Cheaters beware: female private detective Aumnaoyporn Maneewan is watching you

Evoking Charlie's Angels, 007 and The Bourne Identity, Thailand's most famous female detective adjusts her spy gadgets while preparing to hunt murderers, thieves, corrupt officials and people who cheat on their lovers.Full Story

 

The Vietnamese patient

Fundamental structural problems will continue to hamper economic growth

On the surface, Vietnam's economic rise reads like a rags-to-riches story. From the ashes of nearly a century of colonial rule, followed by civil war and a decade of conflict with America, in just 35 years the country has reached middle-income status, meaning its citizens earn an average of at least $1,000 per year.Full Story

 

Two-wheelers hit town

Italy-based Piaggio Group is to set up its first two-wheeler R&D centre in Asia

 Located in Vinh Phuc, Vietnam, the new centre will work on concept vehicles and new engines to cut fuel consumption and emissions, factors of particular importance for Asian consumers.Full Story

 

The sweetest thing

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With ever-growing global demand for chocolate and political turmoil in Africa affecting cocoa supply, is the time ripe for Southeast Asia to take a bigger bite of the industry?

When the price of cocoa fell to a monthly average of $2,875 per tonne last September, many observers saw it as a setback for Armajaro. In July 2010, this London-based hedge fund had bought 240,000 tonnes of the beans – 7% of the world's annual production, enough to make more than five billion small chocolate bars.

 

Magic in the making

After 10 years of talks, Shanghai government officials and executives from Walt Disney have broken ground on mainland China's first Disneyland amusement park

The $4 billion resort, expected to open in late 2015 or early 2016, is shrouded in secrecy — in part to prevent knockoff rides by rival Asian theme parks, which happened before Hong Kong Disneyland's 2005 opening.

Full Story

 

 
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Thursday, May 17, 2012
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