New Zealand Business Update
Ritchies Transport revenue rises amid widening losses while the gaming sector shrinks and startup Emrod enters liquidation in New Zealand.
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- MARKETBangladesh finance minister signals confidence in hitting fiscal revenue target
Amir Khosru Mahmud Chowdhury asserts the National Board of Revenue is prepared to meet the current fiscal year's collection goals, projecting stability for the government's budgetary position.
- MARKETBangladesh eyes ex-NBR chief for World Bank executive director role
Abdur Rahman Khan, former head of the National Board of Revenue, is reportedly in line to lead Bangladesh's delegation at the lender, signaling a shift toward technocratic representation.
- MARKETNew Zealand gaming sector jobs drop 15% despite rising rebate uptake
Aggregate headcount at studios claiming government incentives contracted over the past year, even as individual recipients expanded their teams.
- UPDATERitchies Transport revenue surges 18% on government contracts, but losses widen
The NZX-listed bus operator secured a larger share of public transport funding, yet after-tax losses nearly doubled to NZD 11.8 million for the year ended March 2026.
- MARKETWireless power startup Emrod enters liquidation
The collapse of the New Zealand-based clean-tech firm underscores the harsh reality for unprofitable infrastructure startups in a tightening credit environment.