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This rural town has grown into a thriving multicultural hub
This rural town has grown into a thriving multicultural hub

SBS Australia

time4 days ago

  • General
  • SBS Australia

This rural town has grown into a thriving multicultural hub

Gargi Ganguly came to Dubbo in 1999 for a job. She told herself it wouldn't be a long stay. "I thought to myself, look, yeah, it's a job. I probably stay here two or three years and then I'll move on and go somewhere else," she said. She's been a resident ever since and is the chair of Orana Residents of Indian Sub-Continental Heritage (ORISCON). They say that the dust of Dubbo gets to your shoes and it doesn't let you go. The town in New South Wales' central west is one of the quickest growing multicultural hubs in the state. It boasts particularly large Indian and Nepali populations. Lord Mayor Josh Black says the migrant community has made the town a better place to live. "It's really added to the whole sense of community and giving us something that we didn't have previously in Dubbo." Gargi said while it hasn't always been an "easy journey", it's been worth it. "They say racism is always at the surface ... not only in country towns, it's everywhere. And I suppose it creeps from the feeling of a fear of the unknown," she said. "What we wanted to do is create an accepting sort of a community. And ORISCON has helped in creating that, because we create spaces for whole of community [to] come together. Not only a particular discrete cultural group, the whole of the community." She said when the whole community comes together, "that's where you learn, you grow, you develop and you become Australians". This episode of SBS Examines celebrates 50 years of SBS travelling to Dubbo to spotlight stories of successful and proud multicultural communities.

Shareholder Activism Surges Across Asia Amid Corporate Governance Reforms
Shareholder Activism Surges Across Asia Amid Corporate Governance Reforms

Barnama

time27-05-2025

  • Business
  • Barnama

Shareholder Activism Surges Across Asia Amid Corporate Governance Reforms

BUSINESS KUALA LUMPUR, May 27 (Bernama) -- Shareholder activism in Asia has reached unprecedented levels, with over 200 companies targeted in both 2023 and 2024, up significantly from 134 in 2021, according to Diligent Market Intelligence's newly released Shareholder Activism in Asia 2025 report. The trend signals growing momentum behind corporate governance reform and investor engagement across the Asia-Pacific region, according to a statement. The report revealed that Japan has emerged as the region's most active market, with 108 activist campaigns recorded in 2024, marking a 74 per cent increase from 2018. Despite global market turbulence in the opening quarter of 2025, Japan remained largely resilient, with 19 new campaigns launched in the three-month period. South Korea followed closely, seeing 78 public campaigns in 2024—a sharp rise from just 16 in 2018. However, political uncertainty has led to a slight slowdown in the first quarter (Q1) of this year. Still, experts view 2024 as a turning point for shareholder activism in the country. "This increasing interest in the Asia market continues to be fuelled by governments prioritising corporate governance reform and activists bolstering their teams to capitalise on emerging opportunities," said Diligent Market Intelligence Editor-in-Chief, Josh Black. He noted Japan's domestic-focused campaigns have helped shield it from external volatility. Governance reforms remain top of the activist agenda. In Q1 2025 alone, there were 17 governance-related demands in Japan and 16 in South Korea, underlining a shift toward greater transparency and board accountability. Among the most prominent players, Strategic Capital leads the region with a strong Japan-centric portfolio. Align Partners Capital Management ranked second with a South Korea focus, while Hong Kong-based Oasis Management Company and United States-based Dalton Investments, both active in Japan, tied for third. Emerging markets are also seeing increased attention. Hong Kong became the third-most active market in 2024, with campaign volumes peaking, particularly around demands to appoint or remove key personnel. Singapore also saw a similar uptick in activity.

Shareholder Activism in Asia Reaches Record High, Driving Corporate Governance Reforms, According to Diligent
Shareholder Activism in Asia Reaches Record High, Driving Corporate Governance Reforms, According to Diligent

Business Wire

time26-05-2025

  • Business
  • Business Wire

Shareholder Activism in Asia Reaches Record High, Driving Corporate Governance Reforms, According to Diligent

SINGAPORE--(BUSINESS WIRE)--Shareholder activism in Asia has reached a record high, with over 200 companies targeted in both 2023 and 2024, up from 134 in 2021, reflecting the growing importance of corporate governance and shareholder engagement across the Asia-Pacific region. The Diligent Market Intelligence: Shareholder Activism in Asia 2025 report from Diligent provides a comprehensive analysis of key activism trends across the region. According to the report, Japan has emerged as the most active force in the wider Asian market, with 108 campaigns advanced by activists in 2024, a 74% increase from 2018. Despite the market turbulence that abruptly changed the course of the season for many other global markets in the opening quarter of 2025, Japan has remained largely insulated from such upheaval with 19 new campaigns launched in the three-month period. South Korea has also been a busy market for activists, with 78 public campaigns in 2024, a year many considered to be a watershed moment. This represented a significant increase from 16 campaigns in 2018 and just eight in 2019, although a changing political landscape appears to have weighed on overall activity in Q1 2025. 'This increasing interest in the Asia market continues to be fueled by governments prioritizing corporate governance reform and activists bolstering their teams to capitalize on emerging opportunities,' said Josh Black, Editor-in-Chief at Diligent Market Intelligence. 'In Japan, the largely domestic focus has meant activism continues to thrive in spite of geo-political tensions and other headwinds.' The report also examines three other themes that both Asia-focused boards and investors should have on their radar: Governance Reforms: A Top Priority for Activists Elevating governance and related disclosures are priority focus areas for activists operating in Asia. In the first three months of 2025, 17 such demands were advanced at Japan-based companies, and 16 in South Korea. Key Players in the Activist Landscape Japan-focused Strategic Capital was ranked as the top activist player in the region on the Diligent Market Intelligence dedicated watchlist, followed by Align Partners Capital Management, operating in South Korea. In joint-third place are Hong-Kong based Oasis Management Company and Dalton Investments, both with a focus on Japan. Rising Activism in Emerging Markets As Asia continues to attract the attention of foreign investors, Hong Kong has emerged as the third-most active market in the region, with the volume of public campaigns peaking in 2024. Singapore also saw a peak in activity last year. Demands to appoint or remove personnel were most common in both countries during this period. To download the full Diligent Market Intelligence report, which also features data sets examining activism trends in China, Malaysia and Taiwan, click here. About the Report The report contains full year data range from 2018 to 2024, as well as 2025 Q1 trends from Diligent Market Intelligence's Activism, Voting, Governance and Shorts module. Further data with bespoke analysis is available on request. For more information, email About Diligent Market Intelligence Diligent Market Intelligence (DMI) is a market-leading provider of shareholder activism, investor voting, and corporate governance data. Through its web application and data feeds, clients can access the most complete solution for listed company intelligence on the market, with broader and deeper insights than ever before. About Diligent Diligent is the AI leader in governance, risk and compliance (GRC) SaaS solutions, helping more than 1 million users and 700,000 board members to clarify risk and elevate governance. The Diligent One Platform gives practitioners, the C-Suite and the board a consolidated view of their entire GRC practice so they can more effectively manage risk, build greater resilience and make better decisions, faster. Learn more at Follow Diligent on LinkedIn and Facebook.

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