The number of companies choosing Australia to establish an Asia-Pacific headquarters is on the rise.
Between January 2009 and December 2014, Australia ranked third for headquarters facilities in the region (after Singapore and China). However, data from 2014 onwards, recorded by fDi Markets, shows that Australia has overtaken China and is now the second most popular choice for investors.
Between 2015 and 2016, the number of headquarter projects going into Australia increased by 46.66%, equating to a market share of 18.18%. The number of jobs created also increased from 1370 to 1600 and capital expenditure increased from $391m to $336.5m.
On top of this, date for 2017 (to September) indicates further growth. Headquarter investment into Australia in the first quarter of 2017 experienced a 75% increase compared with the first quarter of 2016, with an increase in capital expenditure and job creation of 104.02% and 96.3%, respectively.
Feathers Fly Over: Cock-fighting is One of Thailand’s Most Popular Activities
Some Thai citizens are fighting to end this practice. The notion of animal welfare is slowly gaining momentum in the country. Their push saw the introduction of the first-ever animal welfare law to the applause of animal rights activists.
Cock-fighting is a popular sport in Thailand. If you thought that was a cliché, then consider the fact that top-fighting birds could cost up to 3 million baht, and gambling wagers are usually as large as 22 million baht.(more…)
Asian students are vital to the health of Australian universities
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