Australian minimum wage to rise by 3.75 pct

STORY: Australian minimum wage to rise by 3.75 pct SHOOTING TIME: June 4, 2024 DATELINE: June 6, 2024 LENGTH: 00:01:31 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Fair Work Commission (FWC) office 2. various of Australians in different professions 3. various of the Australian Bureau of Statistics (ABS) building STORYLINE: Australia's minimum wage will rise by 3.75 percent from the start of July, industrial relations tribunal the Fair Work Commission (FWC) ruled on Monday. From July 1, the minimum wage will increase from 23.23 Australian dollars (15.47 U.S. dollars) per hour to 24.10 Australian dollars (16.05 U.S. dollars) per hour, or 915.90 Australian dollars (609.99 U.S. dollars) per week based on a 38-hour week, FWC said. According to the commission, 20.7 percent of the Australian workforce, or approximately 2.6 million people, are paid minimum wage rates. After accounting for flow-on effects, the FWC estimates that the increase to the minimum wage will affect a quarter of a

New energy vehicles gain traction in China's rural market

STORY: New energy vehicles gain traction in China's rural market DATELINE: Aug. 26, 2023 LENGTH: 00:01:26 LOCATION: JINAN, China CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of new energy vehicles 2. various of charging stations and charging piles 3. SOUNDBITE 1 (Chinese): LIU JIANMIN, Resident of Houxue Village, Jining City 4. SOUNDBITE 2 (Chinese): LI TAO, Resident of Miaohai Village, Hongfanchi Town STORYLINE: China's new energy vehicle (NEV) industry has experienced rapid development in recent years. Data from the China Association of Automobile Manufacturers showed that the output and sales of NEVs rose to 3.79 million and 3.75 million units, respectively, in the first half of this year. The association also estimates that China's vast countryside has a market potential of 500 billion yuan (about 68.5 billion U.S. dollars). Charging infrastructure is one of the primary concerns for NEV buyers. In the first half of this year, the State Grid Jinan Power Supply Company built 82 charging stations an

China's booming NEV market provides opportunities for foreign automakers

STORY: China's booming NEV market provides opportunities for foreign automakers DATELINE: July 13, 2023 LENGTH: 0:01:29 LOCATION: CHANGCHUN, China CATEGORY: ECONOMY SHOTLIST: 1. various of cars 2. SOUNDBITE 1 (German): OLIVER BLUME, Chairman of the Board of Management of Volkswagen AG 3. SOUNDBITE 2 (Chinese): JIANG HUAISHENG, General Manager, Vitesco Automotive Electronics (Changchun) Co., Ltd. STORYLINE: The new energy vehicle (NEV) market in China has provided opportunities for foreign automakers. The latest official figures show, in the first half of this year, China's NEV sales surged 44.1 percent year on year to nearly 3.75 million units. Many global automakers are eyeing the potential of the consumer market in the NEV sector. SOUNDBITE 1 (German): OLIVER BLUME, Chairman of the Board of Management of Volkswagen AG "We have noticed that China's NEV market is growing rapidly. Volkswagen has very ambitious transformation goals. On the one hand, Volkswagen attaches great importance to sustainability.

Rohto to become Morishita Jintan's biggest shareholder

Rohto to become Morishita Jintan's biggest shareholder

OSAKA, Japan - Rohto Pharmaceutical Co. President Kunio Yamada (R) and Morishita Jintan Co. President Yasuo Okazaki shake hands during a news conference at an Osaka hotel to announce that Rohto will buy 3.75 million Morishita shares to become the largest shareholder.

Japan sees record foreign visitors, tourist spending in 2016

Japan sees record foreign visitors, tourist spending in 2016

An American man (L) explains how to taste sake to visitors at a brewery in Niigata, Japan, on Jan. 17, 2017. Spending by foreign visitors to Japan in 2016 grew 7.8 percent to 3.75 trillion yen ($33.2 billion) and the number of foreign visitors rose 21.8 percent to 24.04 million, both all-time highs, the government said the same day. (Kyodo) ==Kyodo

Rohto to become Morishita Jintan's biggest shareholder

Rohto to become Morishita Jintan's biggest shareholder

OSAKA, Japan - Rohto Pharmaceutical Co. President Kunio Yamada (R) and Morishita Jintan Co. President Yasuo Okazaki shake hands during a news conference at an Osaka hotel to announce that Rohto will buy 3.75 million Morishita shares to become the largest shareholder. (Kyodo)