China’s largest offshore producer to cut output Cnooc Ltd. China’s largest offshore oil company will cut output for the first time in a decade, after an announcement to the Hong Kong Stock Exchange. Speculation that Chinese producers are now feeling the pinch of the global oil price, with Cnooc Ltd. announcing that they will cut …
Education Talking Points 19-01-2016
Australian breakthrough could turn regenerative medicine on its head Melbourne biologists have teamed up with British mathematicians to devise a computerized recipe for reprogramming adult cells. This new program eliminates the need to rewind cells to their embryonic stage before using them to fight disease. Senior author Jose Polo said the approach would massively accelerate …
Food & Agribusiness Talking Points 18-01-2016
CBH posts profit despite trading loss CBH posted a profit of $82.7 million AUD despite incurring a loss of $16.7m AUD in its marketing and trading operations. Chairman Wally Newman noted the board’s investment of $177.4m AUD in capital expenditure and maintenance of the network, as well as the launch of CBH Fertiliser and the …
Healthcare and Life Sciences Talking Points 15-01-2016
DNA tags to ensure authenticity Counterfeit pharmaceutical drugs are becoming an increasing problem in modern and developing countries alike. Pharmaceutical companies and government regulators are continually looking for ways to mark genuine drugs and detect fakes. Biotech company Applied DNA Sciences may have an original solution: tagging legitimate drugs with engineered DNA. The tag allows …
Financial Services Talking Points 14-01-2016
No end to Chinese appetite for Sydney real estate Global investment in properties are not expected to wane in 2016, with Sydney and Melbourne retaining their positions as the investment destinations of choice in Asia Pacific, a survey by the Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) has shown. Despite jitters in …
AustCham News: Australia China Youth Association (ACYA) student internship program
Austcham is proud to announce that it has recently signed a Memorandum of Understanding (MoU), partnering with the Australia China Youth Association (ACYA) to provide an internship program to ACYA students. The internship program will run on a 12-week, full-time basis throughout the year and, although not exclusive, priority consideration will be given to those individuals …
Higher Education’s 30 Most Influential
The Australian has named the thirty most influential educators in Australia this year. Martin Riordan, CEO of AustCham Beijing member TAFE Directors Australia, has been included on the list at number 25. 25. MARTIN RIORDAN Not every lobby group boss takes the chance to get all scholarly, heading overseas for a month or three to …
Energy & Resources Talking Points 13-01-2016
Oil falls below $30 Oil dropped below $30 a barrel briefly as an absence in output restraint and concerns about China has led to over a 20% slash of value on the year. The current prices are now below cut off value for many producers, particularly the US shale gas and Canadian oil sands producers. …