Lion  – Beer, Spirits & Wine (NZ) Ltd , which has 46 percent of the New Zealand market and is owned by Japan’s Kirin Holdings, is making less money in the domestic market as alcohol drinkers opt for quality over quantity. Accounts for Lion filed to the Companies Office add to the picture of a declining booze industry, partly offset by a move to “premiumisation” and …

By Fiona Rotherham March 16 (BusinessDesk) – Indian billionaire Nandan Nilekani says scale is a problem New Zealand companies need to overcome to crack the growing Indian market. Nilekani has been twice named by Times magazine as one of the world’s 100 most influential people and is the former chairman of the Unique Identification Authority of India (UIDAI) which is …

The New Zealand dollar, which has declined 2.5 percent so far this month, may slip further this week with the Federal Reserve expected to signal interest rate rises are not far off. The kiwi may trade between 71.30 US cents and 75.20 cents, according to a BusinessDesk survey of 11 currency traders and strategists. Six expect the currency to decline, while …