Category: Business
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Immigrants can cause export-led recovery – bank
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Ethnic businesses, with their overseas ties, are expected to play a critical role in economic recovery, according to findings of an extensive survey by a leading New Zealand bank. Ethnic businesses are doing business with some of New Zealand’s key export markets, revealed the findings on ethnic businesses released by…
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Finalists for ethnic diversity in workplaces announced
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Immigration New Zealand is one of the three finalists for the Excellence in Ethnic Diversity Award at the 2012 gen-i Public Sector Excellence Awards. New Zealand Police and Unitec Institute of Technology are the other two finalists for the Ethnic Diversity award which is sponsored by the Office of Ethnic Affairs,…
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New iPhone to be taller, skinnier
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If you are keen to buy iPhone wait. The new iPhone 5 will be smarter. The next iPhone is pegged to be skinnier and taller, according to a report. While it is still unclear whether the next iPhone will be called iPhone 5, iPhone 4G or iPhone 6, the Apple…
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eBay to hire 1000 staff in India
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In what could be seen as a good news for IT skilled staff, eBay Inc.  announced plans to hire up to 1,000 technologists over the next three years. The world’s largest online marketplace is expected to set up a development centre in India’s software city of Bangalore, which will house technologists…
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Samsung hires Indians to take on Apple
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From exporting dried Korean fish to China in 1938 to threatening iPhone’s dominance in the smartphones market in 2011, Samsung has built a global presence by keeping with times. To do that, the management of a global company needs to be able to spot trends early and respond quickly. South…
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SAARC countries to trade power
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SAARC members are planning to trade electricity with one another, with plans underway to develop a robust cross-country power grid, says a report by energy expert GBI Research. India and Sri Lanka are also planning to set up 200km submarine cables to deliver 1,000MW of electricity. “Import and export of…
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Unregistered migration agent fined
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An Australian citizen has been fined $12,000 by a Perth court for providing immigration assistance while not a registered migration agent. The Department of Immigration and Citizenship (DIAC) says the sentence sends a strong warning that illegal operators in the migration industry will not be tolerated. Pacita Boynes, who was…
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Sponsored child embarks on brighter future
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A LinkedIn search for her name brings up a profile that describes Esther as senior associate at Ernst & Young, a global professional services firm. This may not strike as a major achievement for a 25-year old until you learn that Esther could have been one of the millions of…
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Employer ordered to pay $75000 to Sikh employee
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A Sikh employee has won a religious discrimination lawsuit against his former employer, AutoZone, who harassed and then fired him for using Sikh articles of faith. A federal court has ordered the Fortune 500 auto parts company to pay Frank MahoneyBurroughs, $75,000 in damages plus attorneys’ fees. A religious charity,…
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Indian hospital provides remote care for rural areas
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Nearly 70% of India’s population lives in rural areas, but 80% of its doctors are in urban areas. Rural patients often travel many kilometres for medical treatment. That is, if they can afford travel and cost of healthcare. Enter technology. In a small village -Â Chitradurga – in Karnataka, Â patients visiting…
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Auckland sets out to woo China
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Auckland’s mayor is leading his first trade delegation, and with his sights firmly focused on Asia, his is set his sails for China. Len Brown’s overdue visit to China next week is expected open doors for Auckland businesses to one of New Zealand’s most important trading partners. The mayor is…
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Campaign to lure Asians to gambling criticised
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A community group is protesting as a government organisation tries to lure more Asians to buy lotteries – a mild form of gambling. New Zealand Lotteries Commission, a Crown entity, is launching a marketing initiative to attract more Asians to buy lottery tickets. But Problem Gambling Foundation is concerned. The…
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Hatch a plan for your retirement nest egg
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It’s nearly Easter and what better time for taking steps to sort out your retirement nest egg. No matter your age, it’s never too soon (or too late) to hatch a money plan that will help you to enjoy the lifestyle you want in retirement. Life expectancy has risen as…
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Tax changes to affect many Kiwis on 1 April
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Changes to student Loan, KiwiSaver and Working-for-Families scheme are likely to affect thousands of New Zealanders on 1 April. A number of these changes take effect from 1 April 2012 for student loan borrowers, KiwiSaver members and people receiving Working for Families Tax Credits. The changes to student loans are designed to…
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New IRS form to affect US NRIs
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Indians living in the US, like other foreigners, will be monitored even more closely for their overseas assets, with the new provisions being introduced by the US Internal Revenue Service (IRS). The IRS has introduced an additional form – Form 8938 – which is a Statement of Specified Foreign Financial…
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Indian exporters visit New Zealand
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Leading exporters of cashews, plastic and chemicals are visiting New Zealand to meet with buyers and importers to explore trade arrangements. The Cashew Export Promotion Council of India (CEPC) is sending a 10-member delegation to Auckland for business meetings with local buyers and importers. The delegation comprises of prominent cashew industrialists…
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NRIs don’t need to report property deals to RBI
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India’s federal bank says people of Indian origin (PIOs) and non resident Indians (NRIs) are not required to report property deals in India to the bank. This is likely to encourage further investment by NRIs in India. NRIs and PIOs don’t need to inform the Reserve Bank of India about…
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Muslims keen for Eid holiday?
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A community organisation in New Zealand is suggesting that allowances should be considered for Muslims to be able to transfer the Christmas public holidays to their religious days. Muslims have to take up to four days’ annual leave to celebrate religious days like Eid-al-Fitr says Anwar Ghani, the president of…
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Can I wear turban to work?
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Your request to wear the turban (and follow other religious practices) “can be reasonably accommodated” by the employer, says NZ Human Rights Commission. Also taking heed of vegetarian staff, the commission says that employers “should try to provide alternative food and drink, such as vegetarian and/or vegan options, so that…
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Ethnic women are doubly disadvantaged – activist
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While the number of women in leadership roles in businesses is very low in New Zealand, many women face further disadvantage if they are from a minority group, says a women’s rights advocate. The number of females at board level of NZSX top 100 companies is just over 9%, according…