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Businessmen Sam Morgan, Stephen Tindall and Rod Drury are part of “an early stage” venture to build a submarine fibre cable between Australia, New Zealand and the United States, with five times the capacity of the existing Southern Cross system.
The group went public today under the name Pacific Fibre and it wants to talk to [...]

New Zealand’s manufacturing sector – usually one of the most pessimistic parts of the economy – is singing the recovery song.
The latest Bank of New Zealand/Business New Zealand Performance of Manufacturing Index (PMI) further nudged into positive territory in February.
The “PMI”, which is seasonally adjusted, was 53.3 – up 1.2% from January. A rating of [...]

Manufacturing is showing slow but steady improvement, remaining in positive territory for February, according to the BNZ - Business NZ Performance of Manufacturing Index.
The seasonally adjusted PMI for February stood at 53.3, up 1.2 points from January, with ongoing strength in new orders.
Metal product manufacturing showed the strongest increase of 54.9 points, and employment in [...]

Wellington, March 11 NZPA - The Government says it will re-hash existing budgets to provide up to $21 million over five years to set up four centres for food and beverage development at Manukau, Hamilton, Palmerston North, and Lincoln.
The hubs — called a “food innovation network” by Economic Development Minister Gerry Brownlee — were first [...]

The country’s purchasing power with the rest of the world has jumped by the biggest amount in 35 years.
Statistics New Zealand says the terms of trade rose 5.7% in the three months to December because of a drop in import prices overshadowing a fall in export prices.
The terms of trade measures what a country can [...]

latest video post

June 25, 2009

In the current economic slowdown, government and businesses need to work together more effectively to create and sustain conditions for trade and investment growth.
With the recent signing of the ASEAN-Australia-New Zealand Free Trade Agreement (FTA), Singapore and New Zealand have demonstrated once again their active collaboration in creating new opportunities for the region.
The presentations above [...]