This month with Chinese New Year, the Year of the Ox, falling on Friday, February 12, the figures are expected to be worse. Ngāi Tahu Tourism Dark Sky Project business manager Jared Simcox said typically over Chinese New Year they could expect a significant number of Mandarin and Cantonese-speaking customers. “This year we will most likely see a fraction of these customers,” Simcox said. Their early-mid December 2020 visitor numbers were close to what they expected overall from the domestic market with a modest increase in domestic travellers in December 2020 compared to December 2019. They hoped for a steady year ahead with small peaks over each of the school holidays and would not be mothballing the operation at any stage, he said.
New Zealand Building Permits Rise 4.9% In December The total number of building permits issued in New Zealand in December was up a seasonally adjusted 4.9 percent on month in December, Statistics New Zealand said on Thursday – coming in at 3,751.
That’s up from 2.1 percent in November.
In the year ended December 2020, the actual number of new dwellings consented was 39,420, up 4.8 percent from the December 2019 year.
The annual value of non-residential building work consented was NZ$7.0 billion, down 5.5 percent from the December 2019 year.
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Asian Shares Retreat On Liquidity Worries
CANBERA (dpa-AFX) - Asian stocks fell on Thursday as investors booked profits after recent strong gains on earnings optimism and amid firm signs of economic recovery.
A spike in short-term interest rates raised worries that Chinese policymakers may be starting to shift to a tighter stance to rein in share prices and property markets.
Chinese shares drifted lower as the country s short-term interest rates rose again, raising worries over signs of liquidity tension ahead of the upcoming Lunar New Year holiday.
The benchmark Shanghai Composite index slid 15.45 points, or 0.44 percent, to 3,501.86, while Hong Kong s Hang Seng index ended down 193.96 points, or 0.66 percent, at 29,113.50.
The Council of Trade Unions is pleased that employment numbers out today show that the recovery from COVID-19 is continuing. "The number unemployed fell.