Summary Foley Wines Limited has announced a multi-million-dollar investment at Te Kairanga in Martinborough, to boost its Lighthouse Gin brand and leverage on the growing tourism surge in the Wellington region in New Zealand The Te Kairanga pro...
Summary Insurance companies have supported their customers with an array of measures to secure the customers against the financial impact of COVID-19. Insurance businesses have seen a shift in customer preferences towards online mode. Companie...
Summary New Zealand is expected to soon move to Alert Level 1, ahead of schedule Entire NZ stock exchange, except consumer staples index, closed in green zone, majorly highlighting optimism around the country’s successful containment of t...
Summary With NZ economy opening up in a phased manner, stocks have started to regain strength The outbreak of coronavirus is likely to promote cashless and contactless payments, benefiting the companies operating in this space New Zealand ...
Summary While New Zealand is one of the few countries to have handled the coronavirus spread with a degree of success, the pandemic has had an impact on the country’s economy. With extended lockdowns, the businesses came to a halt with li...
Catalysed by the robust governance and well-timed anti-coronavirus measures of its 40th Prime Minister, Jacinda Kate Laurell Ardern, New Zealand has started to open up its economy in a staged manner. The sovereign island country moved into Level 2 on...
Summary: Management buyouts or selling a business to its existing management team has always been an attractive option due to- quick private deals, minimum disruption to the business and secured legacy. Ending months of speculation around a poten...
During the week ended May 22, 2020, S&P/NZX50 Index declined by ~0.63%. The top performer of the week was Argosy Property Limited (NZX: ARG), which increased by ~8.65% and the worst performer of the week was New Zealand Refining Company Limited (...
The NZ Government has been engaged in making the situation easier for a greater number of businesses to operate as the country has moved to alert level 2 of lockdown. Many businesses have opened and are operative while some still remain closed like t...
Insurance sector plays a very critical role in the broader financial system. Following are some of the key points: An efficient insurance sector allows efficient allotment of resources throughout the economy via redistribution and pricing of risks...
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