Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

NZ Business In Shock, Wants To Assist

Wednesday, September 11th, 2001

New Zealand businesses have been calling the Employers & Manufacturers Association expressing their shock and seeking ways to assist in the aftermath of the attacks on America.

"New Zealand business is acutely aware of the ramifications of the attacks on the world economy and the risk they present to world peace," said Alasdair Thompson, EMA's chief executive.

"Markets will be disrupted. We expect financial markets to slump. The price of oil could soar.

"Trade with the US and tourism will be hit though likely to recover by the year's end.

"Inquiries are also centring on when air cargo might be expected to resume. The optimistic outlook is that North American air space will be re-opened by Sunday this week.

"EMA's contact centre - tel 09 367 0900 - is being briefed regularly on developments in the US, Canada and the UK for businesses seeking trade information.

"Along with people everywhere, New Zealand's business community joins in expressing our heartfelt condolences to the American people. Our prayers are with those who are suffering."

Ends


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: