Weight loss shakes maker Celebrity Slim has been sold by ASX-listed healthcare company Probiotec to Global Brands Australia for $6.75 million cash.
Australia must deepen political ties with Southeast Asian countries to “stop us from being the meat in the sandwich” and bullied by the US and China, former trade minister Andrew Robb has warned amid escalating tensions over the trade war.
A company chaired by former Trade and Investment Minister Andrew Robb is seeking an equity injection so it can buy weight loss shakes maker Celebrity Slim and list on the ASX-boards.
"What China does best we want and what we do best China wants," Robb said. "We've got very, very complementary economies, and that has led to an extraordinary two-way trade between our countries."
The Prime Minister’s performance was obviously instrumental in May’s election victory; however, he couldn’t have done it without the meticulous preparation of the party organisation.
Andrew Robb has received the 2019 AustCham President’s Award, awarded to an individual or association who has made a significant contribution to the Australian and Singaporean business community…
While we do well delivering our services like higher education and tourism at home to foreigners, if Australia is to continue its economic prosperity we need to take these world-class offerings to Asia.
China, the most populous nation in our region and our largest trading partner is very important to Australia.
Global demand for resources continues to grow, a trend that is expected to continue over the coming decades. This is being driven by population growth and the expansion of a more aspirant middle class in developing and emerging economies.
The imminent federal election must see our major political parties explain how they would position Australia to influence the emerging Cold War – fought in the domain of technology - between the US and China.
The Robb Group, based in Sydney CBD, is a family office that focuses on corporate consulting and investment banking style advisory services to the wholesale corporate market.
Establishing an Australian Business Growth Fund could provide SMEs with the opportunity to take this capacity for innovation into the broader Asian region.