Monday, June 5, 2023

With global food imports’ regulations and shortages, are we in for a crisis?

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Freight costs are continuing to steadily rise as a result of some supply-chain bottlenecks that include a record number of container ships awaiting berths at ports globally and shows few signs of relaxing.

The acclaimed China International Import Expo readies for its fifth edition

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The fifth China International Import Expo will take place from November 5-10 this year. Buoyed by its opening-up policy, continuous optimization of the business environment and strong economic resilience, China will remain a hot investment destination in the years to come, said global experts at the World Economic Forum (WEF) 2022 in Davos, Switzerland.
Carlos Leiria Pinto, Country Manager for Brazil at IFC

IFC anchors Patria’s fund to boost infrastructure development in Brazil

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Capital markets are crucial in expanding access to long-term local currency funding for infrastructure projects in Brazil, helping to close the financing gap and improve the quality of infrastructure services. IFC is investing up to BRL780m ($150m) in an infrastructure debt fund managed by Patria Investimentos to help enhance Brazil’s competitiveness by aiding critical infrastructure investments while also helping boost capital markets development.
struggling businessman

Reasons for employee layoffs revealed: 1.2 million businesses were already struggling to stay afloat

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New research has provided a clue as to why Australian businesses have had to let go of their employees so quickly after the Government-mandated shutdowns.

Tourism & hotel outlook: sectors hit hard by COVID, challenges remain, uncertain path to...

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Prior to COVID, growth in Australia’s tourism sector was outpacing growth in the wider economy. From 2009 to 2019, tourism expenditure in Australia saw average annual growth of 6%, and while international arrivals growth had recently moderated to 2%, 2019 saw a record high of 9.5 million overseas visitors arrive in Australia spending $45 billion.

Déjà vu on the Australian waterfront as port strikes set to impact markets

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The Maritime Union of Australia (MUA) has begun a series of work stoppages with Port of Melbourne on strike, and an upcoming strike planned at Sydney International Container Terminals set to cause lengthy delays.

Predicted top 5 food and beverage trends ripe for investment in 2022

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Despite the various challenges presented by COVID-19, the Agribusiness, Food & Beverage industry has been a resilient capital markets performer with Australian businesses achieving outstanding results in the domestic and global Mergers & Acquisitions and Initial Public Offering (IPO) markets. Grant Thornton today released its Bite Size Dealtracker 2021 taking a closer look at domestic and global trends of M&A and IPO activity for Agribusiness, Food & Beverage business from 1 July 2020 to 30 June 2021.

Aussie creator economy thriving with 3 million creators added since 2020

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Adobe (NASDAQ: ADBE) announced the latest data and insights on the Creator Economy from the Adobe Future of Creativity Study. The study finds that the Creator Economy grew globally by more than 165+ million creators over the past two years to 303 million. In Australia, the Creator Economy has increased by 3 million new creators (48%) since 2020.
Zombie businesses: 2 in 3 SMEs on the brink of folding multiple times

‘Zombie businesses’ bigger problem than we think: 2 in 3 SMEs have been on...

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New research reveals that 62 per cent of SME business owners have been on the brink of folding their businesses in the past due to financial and other struggles.

Shopify created a positive ripple effect on Aussie’s overall economy in 2020

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Australian Shopify merchants generated close to 100k Jobs and AU$26bn in economic impact. Shopify businesses created 3.6 million jobs around the world in 2020,...