Cuisine connects hearts and nations

The food industry is one of the most significant promoters of people-to-people relationships and trade ties between countries, a leading Indian Chef has said. Kunal Kapur, recipient of ‘Sir Edmund Hillary Fellowship 2012’ was in New Zealand with his wife Ekta last fortnight as a guest of the Government, visiting a number of places of professional, tourist and personal interest.…

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Financial indiscipline scores over underperformers

From the perspective of lenders, the primary risk for zombie businesses is that they will remain trapped in a cycle of dependence. A majority of lenders questioned for the survey were concerned by lack of profitability and working capital in these underperforming businesses and with consumer demand in many sectors still slack, there is nothing on the radar screen to…

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Key points to boost export performance

New Zealand must export more to improve its economic performance, according to a report released last month. New Zealand Institute of Economic Research has prepared the Report titled, ‘Lifting Export Performance’ for the Wellington based ExportNZ. It said that export growth has been below par in recent decades. “The economy has underperformed in general and there are reasons to believe…

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ANZ felicitates Indo-Kiwi agro trade

While a Free Trade Agreement (FTA) between New Zealand and India is yet to show tangible progress, business-to-business ties between organisations in either country is gathering momentum. A number of major companies in the IT, consultancy, banking and commercial sectors have established their presence in New Zealand and Kiwi investors are being encouraged to promote closer commercial cooperation with their…

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Pact with UK tightens cyber security

Britain and New Zealand have signed a pact that would strengthen cyber security, check such common menaces as hacking and promote intellectual property rights. The agreement, signed by British Foreign Secretary William Hague and his New Zealand counterpart Murray McCully during his visit to Wellington last fortnight, is considered futuristic and significant. A joint statement issued before Mr Hague arrived…

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Can the West reclaim its oomph in 2013?

In its report for ExportNZ, the New Zealand Institute of Economic Research had suggested a number of initiatives to remove the country’s export performance, thereby enhancing economic growth. An analysis of this Report appears under Businesslink in this issue. Lifting exports is perhaps the surest way of improving the economy, since this sector forms the single largest source of income…

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