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NZ needs to be kept on international visitor radar, MPs told
New Zealand needs to remain a potential destination for international travellers if parts of the sector are to survive, tourism operators told MPs today. Tim Barrow, co-owner of Rotorua-based Volcanic Air Safari, said the trans-Tasman bubble mooted with Australia would throw t...
Services
SBS, Cooperative banks expect little impact from Fitch downgrade
SBS Bank and Cooperative Bank expect little immediate impact from Fitch Ratings downgrading their subordinated debt to below investment grade. Fitch affirmed both banks' main "BBB" ratings although it changed the outlook to negative because of the economic impact of the corona...
Services
Plexure positions for post-covid growth
Plexure Group sees opportunity in the post-covid environment with social distancing expected to drive demand for its mobile marketing and sales platform. Chair Phil Norman said mobile-focused customer engagement and data analytics will be highly sought after as markets adapt...
Services
Fitch adopts negative outlook on TSB, SBS, Co-op and others
Fitch Ratings has revised its outlook to negative from stable for the ratings of the three smaller locally-owned banks - TSB Bank, SBS Bank and Co-operative Bank - in case the fallout from the coronavirus crisis is worse than its base case projections.The international ratings ag...
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