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Showing 1 - 10 of 10 results for "NPC"

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Financial advice businesses must supercharge their capabilities, expand their capacity, and scale up to reach and serve more Australians. According to AZ NGA's paper, titled Ready or Not? A guide to building a super firm, the industry's current ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... to the disposition of Macquarie Infrastructure Corporation (MIC) assets in the prior year. It reported net present costs (NPC) fell for its asset management to $2.342 million in FY23 from $3.029 million in FY22. Providing a regulatory update, Macquarie ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... the doctor (er, central command) ordered. At the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on the 5th of March this year, Chinese premier Li Kequiang 2021's GDP growth target of over 6%. This compares ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth target had been considered too high/ambitious by economists ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... April - central command has moved to prevent a repeat of last year's protests. At the National People's Congress (NPC) held on May 22, Premier Li Keqiang announced its intent to improve national security in Hong Kong (if it sounds familiar, it ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... not prompted the powers-that-be into postponing (to later this year) the annual meetings of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) - scheduled for early March - used as a rubberstamped ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... easing in the coming months. As for the People's Bank of China (PBOC), Factset reports: "At press conference to conclude NPC, Li reaffirmed capacity to use reserve requirements and interest rates to support economic growth (Reuters). Stated China's ...

Doubting the benefit

BENJAMIN ONG  |  TUESDAY, 14 MAR 2017
... that of the "west" - government plans need the approval of Congress or the Senate or both. The National People's Congress (NPC) merely rubber-stamps the Politburo's plans or heads will roll. Other PM Li likes include: CPI inflation of 3% this year (unchanged ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... Political Consultative Conference (CPPCC) will open on the 3rd of March and the more important, National People's Congress (NPC) will start on the 5th and lasts approximately 10 days. Financial markets expect that the Chinese government will lower its ...

Market Wrap

AAP  |  WEDNESDAY, 6 MAR 2013
... hit after the government set out rules aimed at capping house prices. But eyes were on China's National People's Congress (NPC), which opened Tuesday with outgoing Premier Wen Jiabao saying the government would target growth of 7.5 per cent for the world's ...
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