MESSAGE FROM THE EXECUTIVE DIRECTOR
Exporters show resilience despite the currency challenges.
The Performance Manufacturing Index (PMI) results out this week for manufacturing (many of these respondents are also exporters) show the sector is still expanding overall despite various challenges for some sectors. It was particularly good to see the lower South Island bouncing back with good expansion results (Otago/Southland) and that Canterbury/Westland has continued a solid run of expansion results which has been going on for the last four months. No doubt this will only gather pace as the Christchurch rebuild kicks in. Meanwhile Canterbury exporters keep doing their thing despite the challenges.
It was great to see Wellington exporters out in force this week, displaying their diversity in an Expo at Parliament Buildings. It was a great day, organised by the Wellington City Council to remind politicians and Wellingtonians that there is more to Wellington than its civil servants. From ICT companies to creative companies, boutique beer, high-tech manufacturing, boat building, truly inspiring stuff and a good reminder that exporters should try to remain visible at home. Visibility can bring unexpected opportunities and inspire others to follow your lead.
Catherine Beard
Executive Director
ExportNZ
027 463 3212 or cbeard@exportnz.org.nz.
IN THIS ISSUE...
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In its review of trade restrictions introduced over the six months ending April 2011, the WTO notes that while in the immediate aftermath of the global financial crisis, beginning in 2008, there was not a significant upsurge in trade protectionist measure, there is an alarming trend developing.
The WTO warns that the “collective resolve and political courage to resist protectionism in the context of the global financial crisis which was a positive characteristic over the past few years may now be under stress”. More...
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TPP partners conitnue to make progress and the Chicago round provides an opportunity to pick up the pace as they work towards APEC in November. More...
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IRL’s recently launched Scientist for a Day programme is already helping companies across New Zealand transform their businesses.
More than 30 companies from industries as diverse as seafood, electronics, engineering and recycling have been accepted into the six-month programme, which provides them with a hands-on, no-cost and face-to-face interaction with IRL. More...
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The NZECO underwriters undertook a comprehensive assessment of Q-West and their ability to perform. More...
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This is the second article in a series of articles from KATABOLT about launching HIGH GROWTH products and services into new markets. More...
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Last issue we focused on India and as we are negotiating towards a FTA with Russia we have a hotspot on Russia. A must read if you are interested in Russia. More...
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Fluctuations in foreign exchange rates can have a significant impact on an exporter’s revenue, cash flow and profitability. But while currency risk cannot be eliminated, it can be effectively managed, as Tino Ho at NZForex explains. More...
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Catherine Beard recently spoke with Fady Mishriki, founder and CEO of PowerbyProxi, and heard his call to New Zealand entrepreneurs and investors to invest in up and coming business people and their ideas. More...
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InnoVest 2011 Australasian Innovation & Investment Summit has assembled a leading group of speakers to discuss new models for science, commercialisation and investment that will drive better outcomes for New Zealand and Australia. More...
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