Foreign direct investment drives global economy

Analysis by Peter Roberts Australia has always relied on foreign direct investment to drive its growing economy, as do other nations according to today’s graphic from Visual Capitalist. Whether it is Chevron’s investment in Australia’s north-west shelf, or Incitec Pivot’s $1 billion ammonia plant in New Orleans, companies often find the best payback in foreign…

Australia Post and Alibaba aid businesses entering China markets

Australian and Chinese business groups have joined with Sydney entrepreneurial space Haymarket HQ (HHQ) to help businesses sell into Chinese consumer markets. HHQ, a co-working space for entrepreneurs exporting to Asia, has teamed up with Australia Post, Alibaba Cloud and the Australia-China Council for its China Canvas Challenge. The challenge involves a seven week online…

Tramanco wins approval for truck mass system

Sydney’s Tramanco has received approval from Transport Certification Australia (TCA) for its CHEK-WAY on-board mass (OBM) measurement system for heavy vehicles. The independent assessment and type-approval means two Tramanco OBM products could now be utilised in Australia. TCA’s CEO, Chris Koniditsiotis said: “Type-approval involves an assessment (of) OBM Systems is based on…performance-based requirements. “The Specification…