Big Mac index - NZ dollar about right
The Economist's Big Mac Index finds New Zealand's stubbornly high dollar is marginally undervalued against the greenback.
The Economist's Big Mac Index finds New Zealand's stubbornly high dollar is marginally undervalued against the greenback.
A New Zealand exporter selling infant formula in China says the latest agricultural chemical issue is a public relations disaster and sales have fallen "to zero".
Demand for New Zealand dairy livestock in China appears to be booming, with more than 38,000 live animals leaving our shores for Chinese pastures last year.
The world's economic recovery remains stalled five years after the global financial crisis and is likely to remain that way until 2017, international credit reporting agency Dun and Bradstreet (D&B) said.
Kiwis have been imbibing it since 1987, but the boss of Kiwi herbal mineral water brand Ch'i says the firm still has plenty of scope for growth.
New Zealand's largely small and medium-scale businesses are the key to driving the export growth we need to sustain employment.
A whiff of lollies in the breeze - with a trace of gravy - is the sweet smell of success for a South Auckland factory providing steady jobs and export earnings.
And so this is Christmas, and what have you done, New Zealand business?
World dairy prices have risen in the last online auction of the year.
The New Zealand dollar hit a four-year high against the Japanese yen yesterday, prompting concern from local exporters whose returns are getting eroded..
NZX-listed fishing firm Sanford says its attendance at a major Chinese trade show hooked the company a number of new customers.
The government's second round of tenders for oil and gas exploration blocks has yielded 10 new exploration licences, including two in the previously unexplored Pegasus Basin.
There is no denying that making products in New Zealand is vital to having a healthy economy.
Kiwi businesses expect the New Zealand dollar to peak against the US dollar in June next year at US86.2c, according to ASB's kiwi dollar barometer.
Commodity prices rose for a fourth straight month in November, led by pelts, beef and wood pulp.
Three NZ companies will leave their mark on Kids City, a massive new family entertainment complex in Cambodia.
Prices of dairy products fell in Fonterra's latest GlobalDairyTrade auction - the first decline in four sales.
The terms of trade fell for the fifth straight quarter in September, to be nearly 10 per cent off the peak in mid-2011.
Fifty top NZ businesses have launched a public relations campaign to sell the benefits of the Trans Pacific Partnership deal to ordinary Kiwis.