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Tourist numbers dip in May on fewer Chinese, Indian arrivals
By Rebecca Howard July 15 (BusinessDesk) - International travel into New Zealand eased in May with fewer visitors arriving from China and India. About 219,300 visitors arrived in New Zealand in May, down 1.2 percent on the year, Stats NZ figures show. The number of Chinese...
Services
Softer June services activity points to economic slowdown
By Rebecca Howard July 15 (BusinessDesk) - Activity in New Zealand's services sector softened in June, adding to a picture of lacklustre economic growth. The BNZ-BusinessNZ performance of services index fell 0.8 of a point in June from May to a seasonally adjusted 52.7. Tha...
Services
Acting PM Peters rebuffs concerns over digital services tax
By Victoria Young July 12 (BusinessDesk) - Acting Prime Minister Winston Peters has dismissed concerns the US could threaten New Zealand with tariffs over proposed taxes for internet companies. New Zealand is still developing a digital services tax which could generate $30...
Services
Local travellers continue to boost guest nights in May
By Victoria Young July 12 (BusinessDesk) - Domestic travellers continued to shore up accommodation guest nights in May, helping offset an ongoing slide in international visitors. Total guest nights were up 0.9 percent to 2.56 million, underpinned by a 6.6 percent rise in do...
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