WELLINGTON, June 17 — New Zealand’s economy posted better-than-expected growth of 1.6 per cent in the first quarter of 2021, official data showed Thursday, with analysts saying activity was back at pre-coronavirus levels.
Statistics New Zealand said the figures meant the economy grew 2.4 per cent in the 12 months to the end of March, driven by spending on hospitality and big-ticket retail goods such as televisions and cars. While there was a brief recession in mid-2020, Kiwibank chief economist Jarrod Kerr said surging domestic activity had more than made up for declines recorded in sectors such as tourism and international education.
Gives hope to other countries by showing that this can be achieved through getting our act together.
And their PM is a young late 30s lady full of vigour, ideas n all ears to good ideas n has no qualms of roping in capable n talented to her govt.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Zealand lays out vaccine plan after grumbling over delay | Malay MailWELLINGTON, June 17 — New Zealand will take up to the end of the year to inoculate all those eligible for Covid-19 vaccinations, Prime Minister Jacinda Ardern said today, as she announced details of a vaccine campaign. The Pacific island nation shut its borders and used tough lockdown measures to...
Source: malaymail - 🏆 1. / 86 Read more »
Health D-G: Malaysia records 5,151 new Covid-19 infections today | Malay MailKUALA LUMPUR, June 16 — The Health Ministry reported 5,151 new Covid-19 infections today. This brings the cumulative infections in the country to 673,026 cases. “Selangor recorded the highest number of cases at 1,914, followed by Negri Sembilan at 607, Sarawak at 570 and Federal Territory of...
Source: malaymail - 🏆 1. / 86 Read more »
Indonesia reports 9,944 new coronavirus daily infections | Malay MailJAKARTA, June 16 — Indonesia reported 9,944 new coronavirus infections today, its highest daily number of new cases since Feb. 22, with 196 new deaths. Indonesia’s total infections are 1,937,652, with 53,476 fatalities overall, according to data from its Covid-19 task force. — Reuters
Source: malaymail - 🏆 1. / 86 Read more »
India slams Twitter for not complying with new IT rules | Malay MailNEW DELHI, June 16 ― India's technology minister said yesterday that Twitter Inc had deliberately defied and failed to comply with the country's new IT rules, which became effective in late May. The new rules or the so-called Intermediary Guidelines, announced in February, are aimed at regulating...
Source: malaymail - 🏆 1. / 86 Read more »
New Covid-19 cluster likely from Kaamatan celebration, says Sabah official | Malay MailKOTA KINABALU, June 16 — Sabah is believed to have recorded its first Covid-19 cluster from festivities during Kaamatan, from a village in Inanam. State Covid-19 spokesman Datuk Seri Masidi Manjun said the new Kionsom Kecil cluster is suspected to be from a Harvest Festival celebration last May...
Source: malaymail - 🏆 1. / 86 Read more »
Vietnam sees 423 new Covid-19 cases, highest since April outbreak | Malay MailHANOI, June 16 — Vietnam today reported 423 new coronavirus cases, the highest number of new infections reported since the start of its latest outbreak late in April. Most cases were in the business hub Ho Chi Minh City and the northern province of Bac Giang, home to suppliers to global tech...
Source: malaymail - 🏆 1. / 86 Read more »