MEMBER NEWS | Foreign arbitration institutions can establish in new Shanghai FTZ area

Written by Out-Law, Pinsent Masons Foreign arbitration and dispute resolution institutions are allowed to establish business organisations in the new Lingang area of the China (Shanghai) Pilot Free Trade Zone, according to plans published by China’s State Council.  The plan said that the new section would compete with leading free trade zones, would open up the …

MEMBER NEWS | International mediation enforcement agreement to be signed next week

Written by Out-Law, Pinsent Masons The US, China and other countries will next week sign a new international agreement in Singapore on cross-border mediation agreements. The Singapore Convention on Mediation is the final version of the United Nations Convention on International Settlement Agreements Resulting from Mediation, which was adopted by the UN in December. It aims …

MEMBER NEWS | GHD Pacific Development Projects from the 2019 Asian Development Bank (ADB) Annual Meeting in Fiji

Written by: GHD.com Invited by the Australian Trade and Investment Commission (Austrade), GHD recently took part in high-profile dialogues between Pacific Island governments and Australian and US businesses at the 2019 Asian Development Bank (ADB) Annual Meeting, in Nadi, Fiji. This is the first time in 52 years that the ADB Annual Meeting was held …

MEMBER NEWS | Beijing To Raise Monthly Minimum Wage From July 1

Written by: Zoey Ye Zhang, Asia Briefing, Dezan Shira & Associates On May 9, the Beijing Municipal Human Resources and Social Security Bureau announced plans to raise the city’s minimum wage from July 1, 2019. The monthly minimum wage for full-time employees will be raised from RMB 2,120 (US$309) to RMB 2,200 (US$321). The hourly wage for part-time employees, …

MEMBER NEWS | Singapore monetary authority consults on payment services regulations

Written by: Pinsent Masons, Out-Law.com The Monetary Authority of Singapore (MAS) has carried out a consultation into proposed payment services regulations that will enable it to carry out its functions under the new Payment Services Act. The consultation covers areas such as licensing structure and fees, licensing requirements, proposed exemptions from the regulations, and transitional …

MEMBER NEWS | What Australia’s election result means for its renewable energy future

Written by: Anthony Arrow, Pinsent Masons, Out-Law.com   ANALYSIS: The Liberal-National coalition was returned to power over the weekend for a third term and now has an opportunity to implement policies designed to decarbonise the Australian economy Participants in Australia’s renewable energy industry have been craving a period of consistency and regulatory certainty at the …

Member News | Australian Export Awards

Are you a successful exporter? Gain recognition at the 2018 Australian Export Awards  The Australian Export Awards is a national program that honours Australian businesses for their export achievements and contribution to Australia’s economic prosperity. What are the benefits for my business? Boost your organisation’s reputation among local and international customers Gain national media exposure …

Member News | Grant Thornton Belt and Road Opportunities

It’s five years since the rest of the world became aware of Chinese plans to become a champion of globalisation and free trade through the One Belt One Road initiative (B&R), a USD$1 trillion infrastructure programme that affects Asia, the Middle East, Europe, and Africa. The One Belt, One Road outbound investment strategy presents a …

Member News | KPMG Demystifying Chinese Investment in Australian Healthcare

  Chinese investment in healthcare has soared over the past 3 years. Australia is becoming a highly sought-after destination for healthcare investment due to the expertise of health professionals, availability of cutting-edge technology and high regulatory standards. As China’s aged care industry develops and its healthcare service delivery sector matures, there will be a greater …

Member News | Millward Brown Chinese Global Brand Builders 2018

Increasingly those responsible for building China’s brands are moving outward as fast as they are marching forward. Their sense of purpose is palpable and transcends their commercial objectives. There is a higher calling that is providing the impetus to not only build global brands, but to build innovative, higher-value global brands. Although the number of …