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Indonesian Government managers to study Big Data in Adelaide

October 26, 2015

ADELAIDE - Acknowledging the potential of mining and analysing Big Data to develop improved policy decisions for health, education and urban planning, the Indonesian Government is sending 25 of its senior and middle level managers to the University of South Australia to study for their Graduate Certificate in Data Science (Policy Evaluation and Development).

Myanmar publishes draft of new Patent Law

October 25, 2015

RANGOON - As part of Myanmar's efforts to introduce an international standard of IP protection, the Government has published a draft version of what will be the Myanmar Patent Law, which aims to fully modernise the patent system. Lawyers Baker & McKenzie say the draft includes many of the same procedural and substantive provisions found in patent laws of most Paris Convention countries.

Financial stimulus measures “nearly useless now” says China economist

October 26, 2015

BEIJING – Veteran economic advisor Wu Jinglian has spoken to an audience at Tsinghua University on the importance of quickened economic reform, blaming what he calls “institutional barriers” as the main factor to blame for a slowdown in China’s overall rise in productivity and a failure to meet the demands of newly-rich middle-class citizens.

Chinese insurers lead 50% increase in offshore investment, focus on property

October 26, 2015

SHANGHAI – China’s outbound investment has climbed 50% to US$15.6 billion year-to-date, supported by rising interest from insurers in increasing their real estate allocation. “We are seeing a structural shift, with Chinese insurance companies globalising their investment portfolios,” says David Green, Global Research Director at Jones Lang LaSalle (JLL).

China, Taiwan talks scheduled for October 14 in Guangzhou

October 2, 2015

TAIPEI - The fourth official meeting between heads of Taiwan’s Mainland Affairs Council and China’s Taiwan Affairs Office is to take place on October 14 in Guangzhou. MAC Minister, Andrew Hsia, and his TAO counterpart, Zhang Zhijun, are expected to discuss collaboration on environmental protection, establishment of reciprocal representative offices, facilitation of cross-strait goods in trade and a dispute resolution mechanism.

Reserve Bank of India cuts interest rates, lifts foreign debt limits

September 29, 2015

NEW DELHI – The Reserve Bank of India has surprised markets by cutting interest rates not by 25 basis points, as expected, but by double that amount. ANZ Bank says the market debate, if any, was the small probability that the RBI may choose to pause given uncertainty on inflation ahead, given a not-so-great monsoon, and the ‘usual’ balanced-to-cautious public comments by the central bank in the run-up to the decision.  

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