BusinessSupport

Continuous Decline: New Zealand Faces Record Manufacturing Shrinkage

3 months ago

New Zealand is experiencing a continuous decline in its manufacturing sector, stretching for 18 consecutive months, marking an unprecedented case in the country's history. Recent survey data reveal that various factors, including global economic fluctuations, changes in demand, and internal challenges, have contributed to this prolonged stagnation. Local producers are facing rising raw material costs, complicating their ability to compete in the international market.

New Economic Initiative from Kamala Harris

3 months ago

During a recent speech in Washington, U.S. Vice President Kamala Harris announced a new initiative aimed at restructuring funding and improving the lives of Americans. Harris emphasized the need for a change in the way resources are allocated to ensure fair conditions for all sections of the population.

New Zealand's Economic Measures: Responding to Surging Energy Prices

3 months ago

The government of New Zealand is taking urgent action in response to a sharp rise in energy prices that negatively affects businesses and consumers. In recent months, electricity costs have soared, leading to increased bills for businesses and creating tension in the labor market. To mitigate the impact of rising prices, the government has announced new initiatives and subsidies aimed at supporting companies struggling with high energy expenses.