Autism in Hong Kong SAR and Mainland China under the Spotlight

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 6 March 2026 – The Hong Kong Autism Institute (HKAI)[1] has announced a landmark collaboration with UNESCO Regional Office for East Asia and Special Olympics East Asia (SOEA) to promote the celebration of the World Autism Awareness Day (WAAD) 2026 in Hong Kong SAR.

WAAD is an observance designated by the United Nations, held annually on April 2nd. It aims to raise awareness about autism while promoting acceptance, inclusion, and quality of life for autistic individuals.

“Autism is one of the defining conditions of our times, impacting 1 in 40 children in the Hong Kong SAR and more than 2 million children in Mainland China. Crucially, autism has now overtaken cancer as the leading cause of juvenile critical illness insurance claims in the Hong Kong SAR,” said Mr. Damien Green, Founder of the HKAI.

Mr. Green is the former CEO of Manulife Hong Kong and Macau and former Asia President of Manulife. He is a prominent advocate for Autism Spectrum Disorder (ASD) stakeholders in Hong Kong. “Through our collaboration with UNESCO Regional Office for East Asia and SOEA, we aim to significantly elevate autism awareness and understanding amongst opinion leaders and policymakers in the region,” he added.

“Autism brings as many opportunities as it does challenges for societies and economies,” said Professor Shahbaz Khan, Director and Representative of the UNESCO Regional Office for East Asia and Chair of the United Nations Theme Group on Disability in China. “UNESCO is pleased to partner with the HKAI and SOEA to bring autism into clearer public focus. WAAD 2026 is about moving from awareness to participation, ensuring persons with autism are present and included in education, sport, work and community life. That inclusion benefits everyone, and it must be shaped with autistic voices and lived experience at the center.”

Freda Fung, Regional President and Managing Director of SOEA stated, “Our organization has witnessed the transformative impact of inclusion when persons with intellectual and developmental disabilities, including autism, are meaningfully engaged in unified social activities, particularly in sport. Through sports, inclusive community engagement, and leadership opportunities, individuals can build confidence, develop a strong sense of belonging, and emerge as leaders within their communities.”

The WAAD 2026 program in Hong Kong SAR includes a major plenary event, where Carlson Tong, the Chairman and Independent Non-Executive Director of Hong Kong Exchanges and Clearing Limited (HKEX), will deliver welcoming remarks. The event will feature speakers and panelists with autism who will address an audience of opinion leaders, policymakers and key stakeholders. Other initiatives will include the launch of an Autism Docuseries made in Hong Kong, and awareness events conducted by major Hong Kong employers.

WAAD 2026 aligns with the Government of China’s evolving policy focus on autism, including recent national-level policy initiatives.


[1] Hong Kong Autism Institute Limited is a non-profit organization in Hong Kong

Hashtag: #HKAI #WAAD

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/autism-in-hong-kong-sar-and-mainland-china-under-the-spotlight/

VinFast Signs MoUs to Supply 20,000 Electric Vehicles to Transportation Partners in Indonesia

Source: Media Outreach

JAKARTA, INDONESIA – Media OutReach Newswire – 6 March 2026 – VinFast has signed two Memoranda of Understanding (MoUs) with transportation solution providers PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi for the planned supply of a total of 20,000 VinFast electric vehicles by 2028. The agreements mark a significant milestone in VinFast’s strategy to expand its green mobility ecosystem in Indonesia, while reinforcing the Company’s credibility, market influence, and role in accelerating the electrification of transportation across Southeast Asia.

Representatives of VinFast and its partners PT. Satu Kosong Tujuh and PT. Sembilan Benua Abadi at the signing ceremony of the MoU to supply 20,000 VinFast electric vehicles for transportation services in Indonesia.

Under the MoUs, PT Sembilan Benua Abadi is expected to purchase 10,000 VinFast EVs by the end of 2027, while PT. Satu Kosong Tujuh plans to acquire 10,000 units by the end of 2028. The vehicles will include the Nerio Green (C-SUV) and the Limo Green (7-seat MPV). All vehicles will be deployed for commercial transportation services, maximizing the operational efficiency, cost advantages, and environmental benefits of VinFast’s electric models.

Nerio Green and Limo Green belong to the Green brand, which VinFast has developed and optimized specifically for commercial service operations. Nerio Green is adapted from the VF e34, the first model introduced by VinFast in the Indonesian market, and stands out with its modern urban design, spacious interior, and advanced technology features.

Meanwhile, Limo Green is the newest addition to the Green lineup launched in Indonesia. Measuring 4,740 x 1,872 x 1,728 mm with a wheelbase of 2,840 mm, Limo Green offers a spacious three-row configuration tailored to high-intensity passenger transport needs. Equipped with a durable LFP battery, the vehicle delivers a driving range of up to 450 km on a full charge, optimizing operating cycles and minimizing downtime.

By deploying VinFast’s electric fleet, PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi will not only enhance fleet quality, maximize utilization efficiency, and reduce emissions, but also contribute to fostering green mobility habits within the community. The model is expected to generate a strong ripple effect, as Indonesian consumers gain direct, everyday exposure to the smooth, modern, and smart driving experience of electric vehicles.

PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi are reputable transportation solution providers in Indonesia. With extensive operational experience and deep local market expertise, both companies are well-positioned to deploy large-scale electric fleets, optimize operational networks, and effectively reach target customer segments.

Mr. Nirzam Pahmi, SE, MM, President Director of PT. Satu Kosong Tujuh, said: “We have strong confidence in VinFast and its potential to build a comprehensive, inclusive, and accessible electric mobility ecosystem. This agreement aligns with our long-term vision of transitioning to fully electric vehicles and proactively embracing the green transformation trend across the region and globally.”

Mr. Wempy Suciadi, CEO of PT Sembilan Benua Abadi, stated: “We are impressed with Nerio Green and Limo Green not only for their product quality but also for the sustainable development vision they represent. These models are highly promising solutions that align with the practical needs of consumers amid the transition toward green transportation.”

Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: “We are honored to collaborate with reputable partners in Indonesia to accelerate EV adoption and advance the green transition. Partnering with experienced enterprises that possess deep local market understanding will enable VinFast to rapidly expand market coverage and bring modern mobility solutions closer to Indonesian consumers.”

After over two years of presence in Indonesia, VinFast has quickly established a structured and comprehensive development foundation. The Company is currently offering a full product lineup spanning entry-level to mid- and high-end segments, including VF 3, VF 5, VF e34, VF 6, VF 7, and VF MPV 7, as well as Green models such as Limo Green. This diversified portfolio allows partners to flexibly select vehicles suited to different service models, while enabling Indonesian consumers to access electric vehicles across various price points.

VinFast has also commenced operations at its Subang plant, underscoring its long-term investment commitment and direct contribution to the local value chain. In parallel, the Company continues to expand its ecosystem through the development of a nationwide dealership and after-sales service network; the rollout of an extensive charging infrastructure in partnership with V-Green; and strategic collaborations with leading banks and financial institutions to provide optimized financing solutions for customers.

Through flexible and pioneering policies, from financial support to warranty and after-sales programs, VinFast is progressively creating favorable conditions for Indonesian consumers to participate in the green mobility revolution./.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/vinfast-signs-mous-to-supply-20000-electric-vehicles-to-transportation-partners-in-indonesia/

VinFast Partners with 6 E-Scooter Dealers in Indonesia, Accelerating Nationwide Market Expansion

Source: Media Outreach

JAKARTA, INDONESIA – Media OutReach Newswire – 6 March 2026 – VinFast announced the signing of strategic Memoranda of Understanding with six electric scooter dealers in Indonesia, marking a new milestone in the expansion of its distribution network in one of the largest scooter markets in the region and globally. The agreement reaffirms the company’s long-term commitment to accelerating transport electrification and building a comprehensive green mobility ecosystem in Indonesia.

Representatives of VinFast and dealer partners in Indonesia at the signing ceremony of the Memorandum of Understanding (MoU) on the distribution of e-scooters.

In preparation for the launch of its electric scooters in Q2/2026, VinFast has signed additional MOUs with six dealers, including PT. IB Motor, PT. Sentrik, PT. Axara Marani, PT. Sukses Sejati Indonesia, PT. Tangguh Inti Motor, and PT. Kiki Motor Persada. These partners are distributors with strong experience in key markets and share a common direction toward green mobility solutions.

Under the MOUs, VinFast and its partners will collaborate closely to open showrooms in strategic areas with strong potential for transport electrification, including Jabodetabek, West Java, East Java, and Bali. With high population density, rapid urbanization, and strong mobility demand, these regions are central to VinFast’s expansion strategy in Indonesia.

The showrooms will comply with VinFast’s global standards. In the initial phase, the network will distribute battery swap models such as the VinFast Flazz, VinFast Evo, VinFast Feliz II, and VinFast Viper, while gradually introducing new models tailored to local infrastructure conditions and the usage habits of Indonesian consumers.

Indonesia has one of the world’s largest scooter markets, with annual sales reaching millions of units. Amid early-stage e-scooter adoption and the Government’s push toward a green energy transition, Indonesia’s e-scooter market is entering an accelerated growth phase, creating clear opportunities for companies with long-term strategies and integrated ecosystem development.

VinFast is among the first manufacturers in the market to take a proactive role in building a comprehensive ecosystem to support e-scooters from the early stages of market entry preparation. In addition to expanding its distribution network, the company is working closely with strategic partners to develop aftersales services and energy solutions, notably the battery swapping station model deployed by global charging infrastructure developer V-Green.

Upon the official launch of VinFast e-scooters, customers will be able to access V-Green’s battery swapping stations currently being piloted in the Jabodetabek area, offering a flexible and convenient electric mobility experience. This integrated approach, spanning product, infrastructure, and services, not only creates a sustainable competitive advantage but also sets new standards for the market.

Previously, VinFast announced its strategy to introduce electric scooters to international markets and signed MOUs with dealers in the Philippines. In 2026, the company plans to accelerate electric scooter expansion across five key international markets: the Philippines, Indonesia, India, Thailand, and Malaysia.

Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, stated: “Expanding cooperation with Indonesian dealers demonstrates VinFast’s determination to rapidly establish a strong distribution and service network in this market. We are not only delivering high-quality products but also deploying a comprehensive ecosystem, from sales and after-sales services to charging and battery swap infrastructure, to build a sustainable and long-term foundation alongside our local partners.”

After two years in Indonesia, VinFast has introduced a diverse electric vehicle lineup ranging from SUVs to commercial transport models, while also commencing operations at its Subang plant. The company has continued to strengthen its green mobility ecosystem by expanding dealership and service networks, developing charging infrastructure in partnership with V-Green, and collaborating with major banks and financial institutions. In 2026, the company officially enters the Indonesian e-scooter market, marking the next step in its sustainable development and investment strategy in the country. Through flexible policies and a long-term investment commitment, VinFast is progressively enabling Indonesian consumers to access and participate more actively in the global green transport transition.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/vinfast-partners-with-6-e-scooter-dealers-in-indonesia-accelerating-nationwide-market-expansion/

New Dunedin Hospital’s ‘approved budget’ higher than government claimed

Source: Radio New Zealand

The new Dunedin Hospital build site. RNZ/Tess Brunton

The approved budget for the new Dunedin Hospital (NDH) is just over $2 billion, though the government continues to use a figure $174 million less than that.

The newly revealed budget is $2.05b, while the government as recently as Wednesday said it was $1.88b.

The difference was revealed in a report released by Treasury this week. Treasury then pulled the report to check if it had revealed commercially sensitive information. It had not, and it was republished on Friday.

The report gave the ‘approved budget’ at Dunedin as $1.614b for the inpatients block and $440m for outpatients – $2.054b altogether.

This was based on Health NZ data given to Treasury for the latest quarterly investment report (QIR) covering June-September 2025, that it has released.

The QIR also said fragmented oversight and “limited visibility” threatened to undermine the project.

A spokesperson for Health Minister Simeon Brown said the project had an “approved total budget” of $1.88b.

The higher “approved budget” included a contingency for cost overruns, and an option to fully fit out a floor (that might otherwise be empty) that the lower figure does not, Treasury told RNZ.

Such details were “not routinely published”, it said.

But it did publish them, on Tuesday in the QIR. Realising this, Treasury called RNZ midweek asking it to hold off reporting the $2.054b figure. RNZ agreed.

“It was brought to our attention that commercially sensitive information may have been released as part of the QIR documents,” it said.

“In such cases, Treasury’s practice is to remove the document in question from the website while we investigate and ascertain whether the information is commercially sensitive before re-publishing.”

It was not. Treasury republished the QIR on Friday but told RNZ it expected to blank out three other small parts after it turned out these might be commercially sensitive.

“The government has previously announced a cost of $1.88b that related to the NDH Inpatients and Outpatients Building,” it told RNZ on Thursday evening.

“Health NZ has informed us the additional cost of $174m was not included in the $1.88b announcement as it related to costs for project level contingency and preserving future optionality.”

Asked for comment about the difference on Thursday, Brown said only that “the government is committed to delivering the New Dunedin Hospital” and referred RNZ to Treasury’s statement.

The hospital project was bedevilled early on by bad oversight, official reviews showed. The government cut it back in 2026 to hit the newly imposed $1.88b target, sparking public protests, warning otherwise it might escalate to $3b.

Protesters say the lower South Island will pay for any cuts made to the new Dunedin Hospital. RNZ / Tess Brunton

But by September 2025 the project was still fraught, according to the Treasury QIR based on data from Health NZ.

“New Dunedin Hospital (Inpatient Building) has reported an 18-month delay,” the report said.

“The Treasury and the Investment Panel share concerns that the fragmented governance of the whole NDH programme and limited visibility of the NDH Inpatients project has the potential to undermine effective oversight and implementation of the investment.”

It recommended Brown get it looked into. The report gave a December 2029 end date for the inpatients build, but last September Brown said “practical completion” would be in 2030 and it would actually open to patients in 2031.

Brown’s spokesperson told RNZ he had a review done last August of inpatients by an independent panel appointed by Treasury.

“The review made seven recommendations to strengthen delivery, and those recommendations have been accepted and are being actioned.”

RNZ has asked for a copy of the review.

Brown’s office said the government had appointed a Crown manager to “strengthen governance and ensure clear accountability for delivery” and Health NZ reported back regularly to the minister.

The government was focused on delivering the project whereas Labour only announced it, “without a credible delivery plan”.

Professor Robin Gauld, a close observer of the build who has an honorary role at the University of Otago, said, “It’s an unfortunate of affairs and no surprise that Treasury now has this on their radar, with a number of significant risks and high likelihood of a budget blowout.

“It could be comparatively straightforward if our politicians would understand that the public expects them to work together across administrations on multi-year projects such as this.

“Our lot unfortunately just don’t get it. They would rather see hundreds of millions of dollars wasted while blame-shifting.”

Gauld said the country was missing a long-range hospital planning unit like Singapore had, and also missing a joint oversight framework like in Finland that joined key politicians with project managers and construction companies.

The QIR showed for the September 2025 quarter the inpatients project spent only about a third of what had been forecast it would spend in those three months, and had so far spent just 1 percent in total of its $1.6b budget. The further-advanced outpatients, due to open later this year, spent 62 percent of forecast in the quarter.

Brown’s office said the digital programme for outpatients was “on track” while the digital infrastructure phase for inpatients was being prepared for joint ministerial approval.

Simeon Brown. RNZ / Mark Papalii

The QIR also put the Nelson Hospital redevelopment project two in the category “successful delivery in doubt”.

Last month Health NZ shrugged off ‘red’ warning alerts on the Nelson and Dunedin projects contained in the QIR for the previous April-June 2025 quarter.

In Auckland, the Specialised Rehabilitation Centre at Manukau Health Park was way overdue, the QIR said.

Brown’s spokesperson said this project was progressing, with a tender seeking information input completed and a tender for actual proposals to build it coming up.

“Labour announced this project without a clear plan to deliver it, much like the Middlemore Hospital recladding project which was announced in 2018 but never started.

“This government got that project underway last year and we are taking the same approach to ensuring the Manukau rehabilitation centre is delivered.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/06/new-dunedin-hospitals-approved-budget-higher-than-government-claimed/

Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Regional Leadership

Source: Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 6 March 2026 – Money20/20, the world’s leading fintech show and the place where money does business, unveiled its annual Future of Fintech in APAC report ahead of Money20/20 Asia in Bangkok on April 21-23 at the Queen Sirikit National Convention Center. The whitepaper reveals APAC’s fintech ecosystem has reached a pivotal inflection point, shifting from experimentation to production-grade innovation across AI, digital payments, and assets.

Source: Money20/20

Based on insights from over 130 senior fintech leaders, the report highlights an industry moving beyond pilot programs toward enterprise-scale solutions that prioritize collaboration, digital trust, and financial inclusion as core business imperatives for 2026.

Key Findings

  • 22.9% of respondents identify the region as their primary growth target, underscoring its continued dominance as the region’s growth engine.
  • 90.6% of executives say social good initiatives are now embedded in corporate strategy — confirming impact has become a commercial imperative.
  • 61.2% of organizations have already adopted AI or machine learning.
  • New frameworks in Singapore, Hong Kong, and Japan are driving institutional adoption of stablecoins and tokenized assets.
  • 63.5% of leaders cite fraud prevention as their highest operational priority.

“APAC is no longer experimenting — it’s executing,” said Ian Fong, VP of Content at Money20/20 Asia. “The region is building financial infrastructure that is faster, safer, and more inclusive than ever before. What happens here will influence the future of money globally.”

Digital Trust Becomes the New Currency

With digital adoption accelerating, 63.5% of leaders identify fraud prevention as their top priority. Regulators and industry players are now pivoting toward real-time risk intelligence and AI-driven security.

“The speed of digital adoption in APAC has outpaced traditional fraud models,” said Justin Lie, Founder & CEO of SHIELD. “What we’re seeing now is a shift toward real-time, device-level intelligence that operates silently in the background. Trust is the new currency of digital finance, and the companies that embed it in every interaction while delivering a frictionless experience will define the future of the industry.”

Stablecoins Move into Mainstream Financial Infrastructure

Institutional engagement with stablecoins and tokenized financial instruments has grown significantly, supported by clearer regulatory frameworks emerging across Singapore, Hong Kong, and Japan.

“Across Asia, stablecoins are already embedded in real economic activity from payments and cross-border settlements to treasury optimization,” said Yam Ki Chan, Vice President, Asia Pacific at Circle. “The region is demonstrating how digital assets can scale within financial systems, and the next phase is about interoperability and the development of an economic operating system for the internet”.

Digital Lending Expands Financial Access

The report highlights 72.9% of respondents believe SME-tailored fintech solutions are key to APAC’s economic growth, signaling a widening opportunity for inclusive financial innovation.

“Financial inclusion isn’t achieved by simply putting products online — it requires building for the realities of everyday consumers,” said Moritz Gastl, General Manager of Tala Philippines. “In markets like the Philippines, trust, transparency, and flexibility matter just as much as credit scoring. Digital lending works when it empowers people, not when it replicates old systems with new interfaces.”

Looking Ahead: Collaboration Will Define the Next Decade

As AI scales, payment rails interconnect, and digital assets enter regulated markets, APAC is emerging as a global blueprint for future financial systems.
“The next wave of fintech innovation will be defined by how well we balance technological advancement with social impact,” added Fong. “APAC markets are proving that financial innovation and inclusion can advance together.”

The Future of Fintech in APAC report can be downloaded HERE.

Hashtag: #Money20/20

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/money20-20-asia-report-apac-fintech-ecosystem-shifts-from-experimentation-to-scale-as-ai-and-digital-assets-drive-regional-leadership/

ASB wins Morningstar Fund Manager of the Year – KiwiSaver award

Source: ASB

Morningstar has named ASB as KiwiSaver Fund Manager of the Year New Zealand for 2026, rewarding the strong fund performance achieved for its nearly half a million KiwiSaver members during 2025.

ASB Chief Investment Officer Frank Jasper says that this independent endorsement is a real vote of confidence for ASB’s KiwiSaver members.  

“As one of the country’s largest KiwiSaver providers, we take great responsibility and care in managing our customers’ money and take the trust they place in us very seriously.

“Every investment decision we make is with the goal to help New Zealanders have confidence in their financial future – whether that’s saving for retirement or buying their first home.” says Frank.  

ASB’s Growth, Moderate, Balanced and Conservative KiwiSaver funds all achieved top quartile returns for both one and three year rolling periods. ASB Moderate and Conservative funds also ranked number one in their categories for 1-year returns to 31 December 2025 according to latest Morningstar’s latest KiwiSaver report December 2025, showcasing ASB’s strength across the range of investment strategies and risk profiles.

The funds’ strong performance, particularly during a year of volatility and unpredictable markets, reflects a carefully curated and disciplined long-term investment approach, in partnership with world-class fund manager BlackRock.

“We will continue to innovate and build out our investment capability to deliver even stronger outcomes for our customers, while empowering savers and investors to make the right decisions that’ll help them grow and achieve their long-term goals.” says Frank.  

Matt Olsen, Morningstar Australasia’s Director, Manager Research, said “It’s fair to say that 2025 was a challenging year to navigate. There were inflation surprises, geopolitical uncertainty, and growth uncertainty. Compounded by a market displaying valuations disconnected from fundamentals, it made it a challenging year, even for the best investors.

“Despite this, our nominated fund managers demonstrated an ability to deliver quality, high-performing investments and have stood above peers with exceptional returns over the longer term.” concludes Olsen.

For more information about the Morningstar Awards for Investing Excellence in New Zealand: Morningstar Awards for Investing Excellence New Zealand 2026: Winners Announced | Morningstar

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/asb-wins-morningstar-fund-manager-of-the-year-kiwisaver-award/

Worries AI could be used by supermarkets to charge customers more

Source: Radio New Zealand

123RF

There is concern that Artificial Intelligence could be used to get customers to pay more, with one expert calling for legislation to block the use of dynamic pricing in supermarkets.

The government’s amendment to the Commerce Act, which is expected to pass in the middle of the year, includes giving the Commerce Commission more powers in combating predatory pricing.

But University of Sydney researcher Lisa Asher said the legislation was not explicit enough in stating that retailers must be held accountable for price changes made by Artificial Intelligence (AI) monitoring.

She told Nine to Noon that supermarkets in the United States are using data about customers to change pricing in online shopping.

Asher said the incoming legislation here does not go far enough to stop the same from happening in New Zealand.

“Pricing algorithms is when there is monitoring that is happening via systems and they are looking at competitive pricing, web-scraping or looking through the internet and adjusting pricing based on that for a particular retailer,” Asher said.

Dynamic pricing strategies could take advantage of consumers and the information they have about their purchasing habits. For example, they could charge a customer more if they know the customer always buys the same product.

“You’ve got your loyalty card, your purchase history, whether you bought on-or-off promotion, whether you tend to buy lower-value products or higher-value products – that sort of mix – to then adjust the price based on what is the maximum price they think you can charge, which is, in essence, price gouging,” Asher said.

AI can exacerbate this.

Asher said this sort of conduct has been seen on online platforms like Amazon in the US.

But it’s not just online stores. US law makers have raised the alarm over dynamic pricing in grocery stores via electronic shelf labels that allow stores to adjust prices instantly. They fear AI could be used to price-gouge customers at check-out.

Asher said the UK and European Union markets are moving to put into law that a company is held accountable for any changes in pricing done by AI.

“They need to be held accountable for any systems or programmes that they decide to implement in their business,” she said.

Woolworths New Zealand told Nine to Noon it does use electronic shelf labelling in almost all stores, but it does not use dynamic or any personalisation in pricing.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/worries-ai-could-be-used-by-supermarkets-to-charge-customers-more/

Building ties with Brazil

Source: New Zealand Government

New Zealand will continue to build its relationship with Brazil, Latin America’s most populous country, Foreign Minister Winston Peters says. 

“Our delegation’s visit to Brazil has highlighted a range of areas in which our two countries want to do more together, including agriculture, aviation, trade and investment, education and film collaboration.

“Brazil seriously matters to Latin America, and the world, and New Zealand will accordingly be investing more in our relationship here.

“In these uncertain and challenging times, it’s more important than ever that countries like Brazil and New Zealand, as mature, open democracies, work together closely.” 

 “Brazil is an influential player in global affairs, as the world’s eleventh largest economy in the world. That’s why New Zealand needs to be engaging frankly and at a senior political level with our Brazilian partners.”

 During his wide-ranging meetings with Brazil’s Foreign Minister Mauro Vieira and other Brazilian Ministers, Mr Peters discussed areas with potential for enhanced bilateral cooperation, highlighted our shared interests in the development of the Pacific Islands region, and exchanged views on major international issues including recent developments in Venezuela and Iran.

 Mr Peters also reconnected with Ambassador Celso Amorim, Chief Foreign Affairs Adviser to President Luiz Inácio Lula da Silva. Ambassador Amorim was Foreign Minister when Mr Peters last visited Brazil in 2007.

 Foreign Ministers Peters and Vieira signed an Audio-Visual Co-Production Agreement, which will deepen New Zealand and Brazil’s screen industry ties and create fresh opportunities for filmmakers on both sides.

 Minister Peters also signed a comprehensive Education Cooperation Arrangement with Brazil’s Acting Minister of Education Leonardo Barchini.

 “Brazil is our largest source of students from Latin America, and more New Zealand students and researchers have come to Brazil over the last decade than ever before. We want to see these positive trends continue, and this arrangement will further strengthen these ties.”

 While in Brazil, Mr Peters also delivered a keynote speech on New Zealand’s relationship with Latin America as well as attending with the New Zealand Parliamentary and business delegation a Business Showcase focused on New Zealand companies’ innovative products and services in the Brazilian market.

In the speech, Mr Peters said: “We see Latin America as an important partner in addressing major global challenges, including building climate resilience, and boosting food and energy security … Put simply, New Zealand cannot expect to be able to progress initiatives in the international arena without Latin American cooperation. Your region matters enormously for us.”

The New Zealand Parliamentary and business delegation – which has this week completed programmes in Argentina, Uruguay and Brazil – travels tomorrow to Chile (Santiago and Rapa Nui) and then on to French Polynesia.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/building-ties-with-brazil/

The Strategic Importance of Latin America

Source: New Zealand Government

[Speech to the New Zealand Innovation Showcase, Brasilia, Brazil, 5 March 2026]

Executive Secretary and Deputy Minister Elias, excellencies, distinguished guests, tēnā koutou katoa, boa noite, good evening.

We want to acknowledge the senior New Zealand bipartisan political delegation joining this mission:

Hon Carmel Sepuloni, Deputy Leader of the Opposition
Hon Nicole McKee, Minister for Courts
Hon Damien O’Connor, Opposition Spokesperson for Trade
Mr Tim van de Molen, Chair of the Foreign Affairs, Defence and Trade Select Committee

We are also joined by a wide range of New Zealand companies active in Brazil. Some of their senior representatives have travelled with us from New Zealand, others are based here in Brazil, and a few have come from other parts of Latin America. They bring innovative solutions to essential sectors in Brazil – solutions for infrastructure, energy and resources, healthcare, defence, and agriculture.

All of these companies share a common thread: New Zealand’s reputation for innovation, practical solutions, and world-class quality.

It therefore is a great pleasure to formally open this New Zealand Innovation Showcase.

It’s wonderful to be back in Brazil. New Zealanders have long admired your country. For us, way down at the bottom of the Southwest pacific, just north of the penguins, Brazil has always grabbed our imagination. The mighty Amazon, the world’s lungs, its great river, and within its vast canopy, the greatest biodiversity anywhere on the planet. We admire the vibrant rhythm and flair of your people, and, of course, the magnificent history of your football team.

The first New Zealand football team to qualify for the World Cup was in 1982, after our team survived 15 gruelling matches just to qualify for the world’s premier sporting event. When the draw came out, with Brazil in our group, we all wondered how our team could hope to compete against a Brazilian side containing brilliant, world class players like Éder, Falcao, Júnior, Sócrates and Zico.

Well, you were very respectful of New Zealand that day, only scoring four goals against us, for which we remain grateful. Such was the euphoria New Zealanders felt to be even on the same pitch as your team, our capital’s then leading newspaper declared after the big loss that ‘Four years ago it would’ve been 20-0!’

In 1982 you were the best team at the tournament, but you didn’t win. New Zealanders understood your pain 13 years later, when a great All Blacks rugby team, the best performer at the 1995 Rugby World Cup, faltered at the final hurdle. That day we understood how Brazilians felt in 1982.

It was also an honour to meet Pelé in 2006, at FIFA’s invitation for that year’s World Cup Final in Berlin. Pelé came to define Brazilian football with his sublime skill, the freedom and excitement with which he played, his resilience and determination during his long career, and the way he carried himself on the pitch with a grace that only the most gifted can reach.

We would now like to turn attention to another important topic for all of us here: New Zealand’s relations with Latin America.

Though a vast ocean, and the imposing Andes, separate New Zealand from Brazil, we share important values – a commitment to democracy, the international rule of law, multilateralism, and a vision to create, however imperfectly, a future that sustains and nourishes our children and their children’s material needs, and whose environment and climate is tended to with a serious duty of care. Brazil’s demonstrated this duty of care during its recent impressive hosting of COP 30.

Twenty twenty-six marks the 25th anniversary of the establishment of the New Zealand Embassy here in Brasilia, and the 62nd anniversary of our diplomatic relations.

We have, since coming into office, led a highly active diplomacy, focusing most particularly on our own region, the Pacific, and in South and Southeast Asia. Now is the time, we believe, to build on our history in South America to elevate our diplomatic and economic relationships with your continent.

We do so because those of us who have history together, who share common beliefs, and possess the same essential values, must strengthen our bonds as we work to protect institutions that have, for all their imperfections, helped to sustain conditions of global peace for 80 years. We come as friends wanting to talk about the work ahead.

That is also why we are here as a cross-party delegation, alongside our business delegation, to signal as clearly as we can, that boosting our relationships with Brazil and with your Latin American neighbours is a goal on all sides of New Zealand politics.

This commitment is not made lightly, nor is it merely a response to the current regional and global disruptions we face. It is a recognition from New Zealand that we have not done enough in past decades to grow our relations, and we are resolved not just to improve them, but to transform them.

That will take time, and this is just the beginning, but we are keen to move fast as we find those areas where our people can mutually benefit from our governments and businesses’ greater collaborations and partnerships.

We see Latin America as an important partner in addressing major global challenges, including building climate resilience, and boosting food and energy security.

We also share serious concerns over the ever present and fast-growing threat of transnational organised crime. We also share in the urgent need to protect and promote effective rules-based multilateralism and trade architecture.

Put simply, New Zealand cannot expect to be able to progress initiatives in the international arena without Latin American cooperation – be that in the United Nations, Antarctic Treaty System, APEC, or on trade. Your region matters enormously for us.

As we say, continuing to build our relationships with the region is a strategic choice for New Zealand.  It is why we have a sizeable network of diplomatic missions spread across the region, and why we have held a series of foreign policy consultations over the last year. Our Latin American partnerships matter.

And this is again why we considered it important to undertake this rare cross-parliamentary, business and cultural mission to the region. Within a geo-strategic environment that is changing rapidly and is hugely challenging, deepening our engagement with Latin America is critical for achieving our enduring objectives of ensuring:

A sustainable future, a prosperous and resilient future, and a stable, safe, and just future – for your people and ours.

A sustainable future

We recall first visiting Brasilia almost 20 years ago now as Foreign Minister, when President Lula was leading your country.  Back then we spoke about how Brazil was emerging as a political superpower. Today, Brazil is viewed as a leader in the multilateral space at a time of profound geopolitical change and challenge.

Brazil’s hosting role convening COP30 and the G20 reveals your country’s ability to bridge divides and foster dialogue among diverse partners, large and small. Brazil can feel proud in showcasing how committed it is to inclusive, forward-looking solutions on climate resilience, economic governance, and global security.

In our meetings here, with Minister Vieria, Ambassador Amorim and Deputy Minister Elias, we agreed that this is something we all need to do if we are to be successful in defending and advancing the international rules-based order on which our shared security and prosperity rely.

In an era where consensus is increasingly elusive, the ability to convene, lead, and inspire collaboration is indispensable. We have been saying in multilateral and bilateral fora that never has diplomacy been more needed than now. We need to talk more, listen more, even to those with whom we might not agree. But from more diplomacy, more listening to other perspectives, we see a path towards greater understanding between nations.

Our time here in Brasilia was preceded by visits to Buenos Aires and Montevideo, where we similarly spoke with President Milei and President Orsi on the fundamental importance, indeed necessity, of boosting global cooperation and effective coalition-building with our Latin American and other partners.

Our shared interest in preserving the Antarctic as a zone of peace and science was a key topic, following on from New Zealand’s hosting late last year of an Antarctic Parliamentary Assembly. It was the first time the assembly was held in the Southern Hemisphere, and we were thrilled to be able to attract parliamentarians from across Latin America, including from Argentina and Uruguay.

While the Antarctic Treaty has been maintaining peace and promoting scientific collaboration for close to seven decades, the region is not immune to the impacts of the geopolitical landscape. Protecting the Antarctic is as important to us as protecting your vast rainforest is to you, as both have impacts on our global climate’s health.

We must work together to ensure the long-term protection of the Antarctic as a natural reserve devoted to peace and science, which supports our shared security and prosperity.  As such, we were especially pleased to sign a new Antarctic Cooperation Arrangement with Uruguay while we were in Montevideo, and to take the pulse of the one we have with Argentina while in Buenos Aires.

Chile, where we will visit next, is also a gateway nation to Antarctica and a close partner when it comes to protecting it, as well as our shared oceans – in fact, it was at the United Nation’s “Our Oceans Conference” that we last met with our Chilean Foreign Minister counterpart.

New Zealand’s relationship with Chile is a close and longstanding one.  Last year, we marked our 80th anniversary of diplomatic relations. It is a relationship that was sealed back in 1945 when we were both proud founding members of the United Nations, an institution where we have worked so long and so closely with Latin American partners.  And we will continue to do so.

We have highlighted in speeches at the United Nations that the United Nations’ system is facing unprecedented challenges that have built up over time. We urged the United Nations leadership and members to work seriously to achieve long overdue but necessary reforms that help to reduce the vulnerabilities the UN currently faces. Do more with less, and be effective, by focussing on its core purpose to improve its impact and delivery.

The next UN Secretary will have a significant role in carrying forward the all-important reform process.          

New Zealand is already supporting that effort through its co-leadership of the United Nations mandate review, and we will work closely with Latin American countries to ensure this aspect of United Nations reform is fit for purpose for another 80 years.

Another key success of our Latin American partnerships has been positioning ourselves at the vanguard of developing innovative future-focused trade architecture. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a great example of this. In the early 2000s, Chile and New Zealand led the creation of the high-quality and comprehensive P4 Agreement. It was then expanded into the Trans-Pacific Partnership (bringing onboard Mexico and Peru), and it has subsequently transformed into what now has global reach and influence with the accession of the United Kingdom, and others – including Costa Rica, Uruguay and Ecuador – seeking to do so.

Innovative leadership on trade rules gives small and medium-sized trading nations like New Zealand and many of our Latin American partners a larger, more influential voice in shaping the international trade environment that we all depend on.

Alongside CPTPP, we have successfully collaborated on a range of modern trade agreements.  The latest offering is the innovative Future of Investment Partnership, which we were pleased to launch last year alongside a range of partners, including Chile, Mexico, Uruguay, Paraguay, and Peru.

At a time when the international rules-based system is facing multiple challenges, open, rules-based trade is more important than ever, whether through CPTPP, Mercosur, or other platforms such as the Pacific Alliance – which New Zealand remains keen to join as an Associate Member when appropriate.  Open, rules-based trade is critical for our shared future prosperity.

A prosperous and resilient future

There is so much more we should be doing to grow our shared prosperity. For New Zealand, Latin America remains a region of significant untapped trade potential where we can and want to do more, including in terms of diversifying our trading base.

Latin America represents the world’s fourth-largest economy – US$6.34 trillion – almost twice that of India.  Latin America is home to 660 million people with high education levels; large middle classes; sizable youth populations; and an abundance of natural resources.

In fact, it holds half of the world’s biodiversity, a quarter of its forests, and a substantial share of minerals essential to the twin digital and low carbon transitions. The region’s sheer size and resources present significant opportunities for New Zealand businesses looking to diversify beyond the Indo-Pacific and traditional markets.

The New Zealand Government is aiming to double its export value by 2034.  And this is why we are joined on this Latin America Mission by a delegation of New Zealand business leaders.  Our time here also dovetails our Minister of Trade’s successful mission to São Paulo in October 2024, which saw us achieve a $100 million trade boost from the 13 arrangements signed. They covered a broad range of sectors, including technology, healthcare and advanced manufacturing, showcasing New Zealand’s diverse offerings and a growing regional interest in New Zealand expertise.

Here in Brazil, our volume of trade is not huge, but it is fresh and exciting. That’s because, in Brazil, New Zealand is not known as a source of high-volume primary goods, but instead as a high-quality technology exporter successfully engaging in areas where we can add real value, by raising productivity, efficiency and profitability for our Brazilian customers and partners.

And this brings me to the theme of the Innovation Showcase here today: Accelerate Brazil, with its focus on boosting commercial opportunities through greater engagement in the technology sector.

Among the success stories featured here today is Tait Communications.  Tait entered the Brazilian market back in 2006, and it has since become a strong regional player, which is challenging the market share of larger, US-based companies such as Motorola, to provide communication and security solutions in the mining and defence sectors. Over the years, Tait’s business has seen remarkable growth, and it has turned its headquarters here in Brazil into a regional hub for its operations in South America.

As demonstrated by some of the businesses here with us today, including Livestock Improvement Corporation and Gallaghers, there is also, we think, a great opportunity for further engagement in agritech.  Though New Zealand has previously been viewed as a competitor, there appears to be an increasing awareness of the value of collaborating with us in the agriculture sector – something which is backed by New Zealand’s record of helping to improve the productivity and sustainability of small, medium, and large dairy producers in the region.

By example, back in 2007, when we last visited, New Zealand also first invested in the Kiwi Group dairy farm in Goiás state.  The operation has since gone from strength to strength, showing how New Zealand pasture-based sustainable production systems can be adapted to Brazil’s climate conditions – and with great success. The farm is now the largest milk producer in the state and will shortly inaugurate a new modern farm.

There are also other similar Kiwi-Brazilian collaborative farming stories, including in Bahia. We hope we can do much more with Brazil and other partners across the region in the agricultural and other sectors, as the benefits of New Zealand agritech products and systems become better-known.

As demonstrated at this showcase, New Zealand is well-placed to provide a broad range of focused, smart solutions that enable increased productivity and efficiency, and therefore economic development, in sectors of strategic importance throughout the region, such as technology-driven service solutions that support export agriculture, the mining industry, and other sectors including IT, retail, healthcare and film.

On the film sector, we signed with the Brazilian Foreign Minister yesterday a Brazil – New Zealand Audio-Visual Co-Production Agreement, which aligns with our Government’s 

“Going for Growth” economic strategy.  The agreement allows approved film and television projects to gain the status of official co-productions, entitling them to the benefits accorded to national productions in each of the co-producer’s countries. New Zealand’s co-production agreements with partners worldwide have delivered tangible benefits for our local film industry, and we have every expectation that this will be the case here too.

Indeed, tonight, we are pleased to have here with us an exemplar of what can be achieved in this area in the person of David Schurmann, a Brazilian New Zealander who produced and directed the film Little Secret – a film that Brazil submitted to the foreign-language category of the Oscars back in 2016.

New Zealand is eager to ensure that the implementation of the agreement is a success, and LANZBC – which is with us on this mission – will shortly host a film webinar, alongside the New Zealand Film Commission and Brazil’s ANCINE.

We were also pleased to sign yesterday a refreshed Education Cooperation Arrangement with Brazil. Education and research have long been an important strand of our relationship with Brazil and the broader region. All eight New Zealand universities are ranked in the top two percent globally and prior to COVID, we hosted some 25,000 students from the region each year to further their education and research.

While those numbers are still rebuilding, we are very keen to see that this vital exchange of our best and brightest youth continues to grow.

A safe, secure, and just future

Beyond our diplomatic and economic relations, we see value in shoring-up our relationships with Latin American partners to help protect and advance national, regional and international security. Collectively we are facing the most challenging strategic environment in 80 years. Geostrategic competition, armed conflict and the instability it causes, and transnational organised crime are all on the rise. No region is immune, although nor has there ever been better appreciation about how inter-connected our regions are.

Given this context, it is critical we actively contribute and work together towards global peacebuilding and security. And we have a track record of doing so in the past: from WW2, where the “Smoking Snakes” of Brazil fought courageously at Monte Castello in the north of Italy, whilst New Zealand troops did the same at Monte Cassino in the south; to today, where we have units working together in contemporary peacekeeping missions, such as with Uruguay and Colombia, and in the Multinational Force and Observers in the Sinai.

New Zealand calls for democracy, human rights, and the rule of law to be upheld in Venezuela, and that all political prisoners and others arbitrarily detained to be released. The people of Venezuela must determine their country’s political future.

We have also been a steadfast supporter of Colombia’s 2016 peace agreement. While New Zealand was President of the UNSC, we co-sponsored resolution 2261, which established a UN political mission to monitor and verify the bilateral ceasefire between the Colombian Government and FARC. This has been followed by New Zealand supporting post-conflict demining efforts, including a contribution made last year to the UN Multi-partner Trust Fund for sustaining peace in Colombia, also focussing on demining efforts.

More recently, the New Zealand Government agreed a comprehensive plan to disrupt and prevent drug exports to New Zealand and Pacific Islands, with the Islands vulnerable to the dreadful poison of drugs. We’ve established new offshore liaison positions to increase collaboration with our international partners, because it’s one battle we cannot afford to lose.

Latin America countries share our concerns about transnational organised crime and are key partners in the fight against it.  We are pleased to announce that one of those new offshore liaison positions will be based in Bogotá with a regional remit, working alongside the Australian Federal Police, and embedded with the Colombia National Police.

A positive global future requires a Latin America that is safe, secure, active, and prosperous, and we look forward to strengthening our engagement with Brazil and other partners in the region on these important issues.

Closing Remarks

The key objective for our mission is to reinforce both bilaterally and across the region the value we are attaching to our Latin American partnerships.  No country or region on its own can satisfactorily or sustainably address the multiple challenges we face today.  We need to work hard to collaborate more politically, commercially, and through people-to-people links.

Indeed, promoting our growing people-to-people links remains one of the best ways we can deepen and broaden our collaboration. In that regard, New Zealand was pleased to support the launch of the new airlink between Auckland and Buenos Aires, and we hope more such direct linkages will be possible in the future.

The last 25 years has seen the welcome emergence of a steadily growing Latin American community in New Zealand. It now numbers more than 38,000 and they make an outsized contribution to the vibrancy and value of our country.  Many thousands have been supported to experience New Zealand through our working holiday schemes with Argentina, Brazil, Chile, Mexico, Peru and Uruguay, which are hugely popular. Perhaps a few more of your footballers might like to join them.

We encourage young New Zealanders, too, to take up the opportunity to travel between our countries and forge life-long experiences and connections, which in turn will strengthen our bonds.

Muito obrigado,

muchas gracias,

thank you and kia ora mai tātou.

 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/the-strategic-importance-of-latin-america/

TVNZ sees sharp drop in half-year profit on back of revenue decline

Source: Radio New Zealand

TVNZ’s headquarters in Auckland. RNZ/Calvin Samuel

TVNZ has posted a sharply lower half-year profit as revenue slumped in a tough advertising market, and on a one-off accounting write-down.

The state-owned broadcaster’s profit for the six months ended December 2025 was $2.4 million, compared to $53m a year ago.

Revenue fell 12 percent to $134m, driven by a sharp fall in advertising income, which TVNZ said reflected the broader economic environment.

The company recorded a $28.5m write-down in the value of its assets, largely in programme rights.

TVNZ said it offset the impact of lower revenue by investing in digital advertising and by managing its costs.

It said digital advertising continued to grow, with digital accounting for more than 30 percent of total advertising revenue.

“We can now tell the difference between someone streaming alone and a household watching together, which means we see the true scale of our digital audience,” chief executive Jodi O’Donnell said.

2026 would be “a defining year” for the media company.

“We’re investing now to ensure TVNZ is the place New Zealanders choose first for the news, entertainment and sport they love,” she said.

“That comes with planned short-term costs, but we’re confident in the long-term value these changes will create for New Zealand audiences and advertisers.”

TVNZ expected to deliver a dividend of $1.6m to the Crown, compared to $3.1m in the 2025 financial year.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/tvnz-sees-sharp-drop-in-half-year-profit-on-back-of-revenue-decline/

The businesses failing most frequently and what can you do to avoid joining them

Source: Radio New Zealand

RNZ

Business failures are forecast to continue, even as the economy grinds to recovery.

Centrix said this week that liquidation numbers were up 16 percent year-on-year.

Simplicity chief economist Shamubeel Eaqub has compiled data from the NZ Gazette, which shows that in the year to February, 30 percent of businesses that were wound up were in construction.

Another 15 percent were in accommodation and food services, and 10 percent were rental, hiring and real estate.

Security and safety businesses had the highest proportion of businesses failing with a wind-up rate of nearly seven per 1000 enterprises. That was followed closely by accommodation and food services.

“[Security] is quite a small sector, most of them are security companies, a few road safety businesses… There are a lot of small operators.

“Really the story is in the big ones, the construction and hospitality … that’s where things are really tough.”

Construction businesses were being wound up at a rate of about four per 1000.

Inland Revenue is often cited as a factor in the increasing rate of liquidations. After a quiet couple of years during the pandemic, it has stepped up activity sharply to pull in overdue tax.

Eaqub’s data showed that, at 70 percent of windup applications, Inland Revenue’s share was the same as it had been in 2016.

“I think it’s the [increase] that’s caught people rather than the fact that you’ve broken the law by not paying your taxes and you should be caught. I think some of the writing tends to be a bit sympathetic towards these dodgy businesses not paying their taxes. I have no sympathy for them… you can’t trade while insolvent. If you can’t pay your taxes, you’re insolvent.”

He said in previous downturns it had taken quite a long time for the rate of business closures to slow.

“It takes about 12 months after the economy cycle recovers before the business closures start to come down. That’s because that transition point in the recovery is quite challenging for a lot of businesses. They’re already going into it with relatively low cash reserves, people are desperate.

“They take on a lot more work than they can do in pricing that’s not accurate with costs increasing … This period can catch a lot of people out in the construction industry in particular.

“This is probably the riskiest period for the sector because they can see the recovery and then make decisions, they make rush decisions at this point in time then catch them later on… a period of economic recovery doesn’t mean that it is going to turn around straight away… there’s still this pressure businesses should be really aware of and make sure they’ve got a good close eye on their finances, they’re pricing up jobs correctly, they’ve got the future supply of work.

“This is when people start to move as well – in a lot of smaller businesses, you lose one or two staff, that might be half or three-quarters of your workforce.

“It’s all of those things that happen at the beginning of an economic cycle that can be quite frightening.”

Eaqub said it was notable that some lenders were taking action against businesses.

Bizcap, which describes itself as “New Zealand’s most open-minded lender” has applied to wind up eight businesses this year alone.

Keaton Pronk, a licensed insolvency practitioner at McDonald Vague, said it was unusual that a lender would do that rather than relying on security it would normally hold against its loans.

He said, across January and February there had been 228 winding up applications, of which 157 were from Inland Revenue, 48 were one-off creditors and 23 were creditors with multiple applications.

The Financial Markets Authority also took action against a group of related entities.

A spokesperson for the Financial Services Federation said it was likely that no security was being held against those loans or not enough to cover the debt.

Bizcap did not respond to a request for comment.

Centrix said there were signs of improvement in seven of 19 industry sectors, particularly agriculture, wholesale trade, and information media and telecommunications services.

What can you do?

Frank Witowski, a Business Mentors New Zealand mentor told Nine to Noon this week that people should act quickly if they were in trouble.

Many businesses did not keep a close enough eye on their spending, he said, and waiting too long to ask for help.

“I would say see an accountant and go through your books to see what spending you’ve got. Sometimes people don’t look for help, they try to sort it themselves and it doesn’t always work.”

He said it might be possible for businesses to add other services or products to stand out, or look for ways AI could offer efficiencies.

Cutting prices was unlikely to help, he said. “Price cutting has been going on for so long now. If you don’t have the revenue you need, you’re gradually going down and down, It’s good for buyers to get discounts left, right and centre but for businesses they eventually can’t run it any further.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/the-businesses-failing-most-frequently-and-what-can-you-do-to-avoid-joining-them/

Why ‘digital price tags’ at the supermarket are causing concerns

Source: Radio New Zealand

RNZ / Nate McKinnon

The increasing use of digital price tags could allow supermarkets to use AI algorithms and ‘dynamic pricing’ where prices change in real time, a competition researcher says.

The government’s amendment to the Commerce Act, included increasing the Commerce Commission’s powers in combating predatory pricing , clarifying merger processes, and modernising the rules around new technologies, including AI.

University of Sydney researcher Lisa Asher says legislation should block the use of dynamic pricing in supermarkets.

She told Nine to Noon supermarkets in the United States were using data about customers to change pricing in online shopping.

Asher says legislation planned for New Zealand does not go far enough to stop the same happening here.

Woolworths New Zealand says it does use electronic shelf labelling in almost all stores, but it does not use dynamic or any personalisation in pricing.

“ESL is about more accurately displaying the prices we advertise. Instead of changing thousands of paper tickets every week across our 185 stores, we can update prices using ESL,” the company said in a statement. .

“We do not use dynamic pricing. We do not have any personalisation in our pricing.”

supermarket price errors supplied

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/why-digital-price-tags-at-the-supermarket-are-causing-concerns/

New overseas investment rules inject billions into local economy

Source: New Zealand Government

The Government’s work to boost overseas investment and remove barriers to doing business with New Zealand is delivering billions for the local economy and Kiwi businesses, Associate Finance Minister David Seymour and Immigration Minister Erica Stanford says.

Starting today, many decisions under the Overseas Investment Act will be made in under 15 working days, with a target of five, thanks to a new two-track system, Mr Seymour says.

“These changes build on major success speeding up consenting under the old law. Since our Government was elected, we’ve reduced the average processing time by 60 per cent, from 71 working days to 28.

“In the past year $7.82 billion worth of investment applications have been processed. These law changes, passed last year and coming into effect today, will help bring even more money into the country.

“To balance the need for speed with the need to screen risky investments, we’ve created a two-speed pathway. Low risk applications don’t have to jump through the same hoops as higher risk ones. This approach is a win-win speeding up most consents while freeing up time to scrutinise those that are risky.

“The law says decisions on all investments except residential land, farmland and fishing quota must be made within 15 working days, unless there is a potential national interest concern, but the target is five working days. Residential land, farmland and fishing quota will continue going through existing pathways.

“If the five day target is met, then most investment decisions will be made fourteen times faster than the average consenting time when we were first elected.

“Even at 15 days, this law will result in most consents being processed five times faster than they were before our Government took office. It is a statement that we welcome our friends around the world investing in New Zealand. We see it as a vote of confidence in New Zealand when people want to send their money here. 

“This reform is about getting capital to productive businesses faster. International investment is essential for economic growth. It provides access to capital, know how, and technology that grows New Zealand businesses, enhances productivity, and supports higher paying jobs.

“If we want to be a high-income economy, we must have access to the pools of capital and know-how from overseas investors. We may be an island nation physically, but we cannot afford to isolate ourselves economically. Overseas investment is vital to reaching our goal of economic growth.”

Ms Stanford says Active Investor Plus visas applications are growing every day, with the ‘golden visa’ now set to deliver almost $3.5 billion from 589 high-value investor applications. 

“Following our changes to the golden visa, we’ve had an enormous jump in applications, and over $3 billion in investment set to be delivered,” Ms Stanford says. 

“Overseas investors through Active Investor Plus can now buy houses in New Zealand over $5 million. There is a lot of extraordinary talent and we welcome that. The changes today are another step to help remove barriers for people who want to come and help grow New Zealand.

“Kiwi businesses have incredible potential and the Government is committed to backing them, to grow new technologies, open export markets, and create high-demand, highly paid jobs for Kiwis. We’ve opened the country for business to help build the New Zealand of the future – one which Kiwis and our next generations absolutely wasn’t to be a part of.

“We’re committed to creating more opportunity for New Zealanders, and I’m pleased that the Government’s changes are opening up access to capital that will make a meaningful difference for New Zealand.”

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/new-overseas-investment-rules-inject-billions-into-local-economy/

A rival to the cheese roll? The story of the Hawke’s Bay meatball

Source: Radio New Zealand

This story was first published ahead of the 2025 Meatball Festival. From Friday to Sunday Hastings will host the second annual Meatball Festival. First Up spoke to the town’s chief meatball officer.

Those unfamiliar with Hawke’s Bay’s humble meatball imagine Italian mince with red sauce. The actual description isn’t that mouth-watering, but the crumbed golden sphere filled with whipped, fatty meat offers an unexpected yet comforting morning tea delight.

Unlike its celebrated sibling, the Southland cheese roll, the Hawke’s Bay meatball has remained a local treat on the East Coast – a fact that irks me as a self-declared meatball enthusiast and a champion of its supernatural creaminess.

Growing up in Te Matau-a-Māui, a white bakery paper bag, translucent with oil, was a symbol of a trip to town and a meatball. Friends who now live abroad insist the moment they touch down on Napier’s tarmac it’s time to visit BJs bakery for a meatball.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/a-rival-to-the-cheese-roll-the-story-of-the-hawkes-bay-meatball/

NZ travel agents helping clients escape Middle East conflict

Source: Radio New Zealand

RNZ

Travel agents are helping their New Zealand clients get out of the Middle East.

It has been almost a week since the US and Israel began bombing Iran, which is carrying out retaliatory strikes on US bases and embassies.

Most commercial flights are not operating, with much of the region’s airspace closed.

Paul Diamond from Wendy Wu Tours said the company was helping to evacuate six New Zealand clients from Egypt.

“They were due to carry on through to Jordan. But obviously, with the travel warnings out, we decided that it was only right for the safety of the passengers to cancel the Jordan part of the trip and to find ways to get them home early.”

He said the clients were booked on upcoming flights from Cairo to Auckland via China.

He said one of their clients was not able to evacuate via London because of recent changes to immigration rules, meaning dual citizens can no longer use a foreign passport to enter the UK.

“We couldn’t reroute them back through the UK because even though they were born in Britain, they didn’t have a British passport with them. They only had their New Zealand passport. With the new immigration changes, EgyptAir told us that they wouldn’t be able to get on the flight to transit through London because they would have had to go through customs.”

He said they had rerouted or cancelled all tours going through the Middle East since the conflict broke out, affecting about 500 of their clients across New Zealand, Australia, and the UK so far.

“We won’t operate our tours, and we won’t send passengers through any country if there is a travel warning that says to avoid non-essential travel. We always cancel our tours and make other arrangements while those warnings are in place.

“We’re going to see a lot of disruption, not just for us, but for a lot of people looking to travel to Europe that have got their tickets booked with Middle Eastern carriers, which, since Covid, have been one of our main routes to get New Zealanders over to Europe.”

Flight Centre general manager Heidi Walker said some New Zealanders had been able to get on flights from Dubai to Sydney.

Flight Centre NZ general manager Heidi Walker. Supplied / Flight Centre

“We’ve been in daily correspondence with Emirates in New Zealand and many of the other airlines as well. They’ve been helping us get people onto the limited flights that are departing. Emirates has managed to get a few flights from Dubai into Australia, and those have been really beneficial to everyone trying to get out of there.”

She could not say how many clients were in the Middle East currently, but about 100 had planned to travel via Dubai in March.

“We’re reaching out to those customers who have booked with us to make sure that we can find the best solution for them. Everyone is a little bit different about what they want to do and where they need to get to.

“We are saying to everybody to make their own decisions, to not rush into any decisions. We’re trying to give them all the information that we have and refer them to where they can find information about the safety of the destination that they’re travelling to.”

She said there was no firm date on when Dubai to Auckland flights would resume.

“The message from Emirates, which I fully support, is that when it is safe to be able to travel, then they will look at that. But until the point where it’s safe, they won’t be resuming those flights.

“At the moment, the Dubai-Sydney flights are definitely filling our requirement to help New Zealanders out of Dubai.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/nz-travel-agents-helping-clients-escape-middle-east-conflict/

Why travel insurance might not help right now

Source: Radio New Zealand

Travellers are being warned to check what they are actually covered for by insurance. RNZ

Travellers are being warned to check what they are actually covered for by insurance if they cancel travel plans due to the conflict in the Middle East.

Insurance and Financial Services Ombudsman Karen Stevens said people should make sure they understood what they could claim for before they cancelled their insurance policies.

The conflict had closed many areas of airspace and meant a number of flights had been cancelled.

Many travel policies do not cover anything to do with the outbreak of war, civil disobedience or riot. That includes flights, accommodation or rebooking costs.

“I think most people don’t think about how the insurance is going to respond before they cancel,” Stevens said.

“They’ve got to be very careful before they just go ahead and cancel things.”

She said people should talk to their airlines first, or their accommodation providers, to see if they could get a refund or credit, or change their arrangements.

“A lot of people are still travelling or want to continue to travel, it’s just that because of the travel alerts and so forth and because of what’s going on in the Middle East they can’t go that way.

“But a much better suggestion for them is to actually start with the airline than it is to just cancel and then think that they can rely on the insurance cover because in most cases they will not be able to.”

Insurance would also not cover situations where people cancelled out of concern.

She said her scheme had dealt with many situations in which people had changed their minds about travelling and not been able to claim.

Stevens said she expected to receive complaints.

“I think to try and avoid those complaints, the best thing people can do is understand what they are covered for before they make any claims or before they decide to do anything about the travel arrangements. They really need to know if the insurer is going to provide the cover or they’re going to say an outright no as soon as the claim is made.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/why-travel-insurance-might-not-help-right-now/

Huawei Highlights Digital Inclusion and Conservation Tech as AI Use Accelerates

Source: Media Outreach

BARCELONA, SPAIN – Media OutReach Newswire – 5 March 2026 – Huawei gathered partners, policymakers and international media in Barcelona on March 1 and 2, ahead of Mobile World Congress, to discuss narrowing connectivity and digital skills gaps as artificial intelligence spreads through sectors including healthcare, finance and public services.

About 80 guests attended the first day’s forum at the Leonardo Royal Hotel Barcelona Fira. In remarks published by Huawei, Yang Chaobin, CEO of Huawei ICT BG, said the digital divide “seems to be widening further” even as AI accelerates. “High-speed networks and robust computing facilities are essential foundations for an inclusive and sustainable AI era,” he said.

The International Telecommunication Union estimates about 2.2 billion people were still offline in 2025. Dr. Cosmas Zavazava, director of the ITU’s Telecommunication Development Bureau, said inclusion must be treated as a prerequisite for the AI era.

“AI must strengthen meaningful connectivity and support inclusive digital transformation. This requires responsible AI governance, investment in local talent and content, and capacity building, particularly for young girls, women, indigenous communities and marginalized groups.”

Huawei said it has fulfilled a commitment under the ITU Partner2Connect Digital Coalition to help expand connectivity in remote regions. By the end of 2025, the company said its initiatives had supported digital access for 170 million people in rural and underserved areas across more than 80 countries. In a Huawei news release, Jeff Wang, president of Huawei Public Affairs and Communications, said: “To bridge the digital skills gap, Huawei works closely with governments and partners to enhance digital access, deliver skills training, and advance STEM education for underserved communities.”

On March 2, the focus shifted to conservation with a visit to Spain’s Natural Park of Sant Llorenç del Munt i l’Obac. Here, digital monitoring tools are being used to support biodiversity protection, including efforts to safeguard the endangered Bonelli’s eagle alongside better managing potential impacts from outdoor activities like climbing on rock-dwelling birds and caving on protected bat species. The project forms part of the Tech4Nature initiative, developed with the International Union for Conservation of Nature (IUCN) to support digital tools in protected areas across 11 countries.

Sònia Llobet, the park’s director, said the project is helping managers balance visitor access with nature protection.

“As park managers, our challenge is how to make visitor access compatible with the conservation of this natural space,” she said. “This project is helping us answer some of the questions we face in balancing tourism and environmental protection.”

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The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/huawei-highlights-digital-inclusion-and-conservation-tech-as-ai-use-accelerates/

Reverse mortgage or retirement village: Which will give you the retirement you want?

Source: Radio New Zealand

Jo Murphy says she very much regrets moving into a retirement village as early as she did.

She said she sold her freehold home at least 15 years too soon.

“It was a neat little brick home on a nice quiet side road in Waikanae… the garden and the drive took hard work to keep tidy but I was fit and well, I had established some beloved plants. The labour – with hindsight – was beneficial and the property looked good too.

“Maybe I was simply lonelier than I thought … I had lots of activities so I didn’t put my finger on it being loneliness.

“I badly wanted to take that reverse mortgage but I also was thinking about my daughter who’s clued up on finances. She was a senior dealer for a while in the money market, and I could feel her disapprobation… so I stalled.”

She has since moved through three retirement villages in two parts of the country and said her capital had been eroded to the point where she could not buy another home if she left. The villages charged an initial fee for an occupation right agreement as well as ongoing fees.

“I had no idea until I wasn’t in my own home how much agency you lose in your day-to-day life. A lot of decisions are made around you. In this particular instance where I am now… I live with their constant vibration.”

She has been distressed by ongoing noise in her unit but was not able to do anything about it.

Planned work had not happened as promised, she said. Other people who were considering making a similar move need to think about what they were giving up, she said.

It is something that many people around the country are weighing up, particularly if they have built up good levels of equity in their homes but are struggling with the rising cost of living.

Property law expert Joanna Pigeon said people who were “asset rich and cash poor” often found it tough to stay in their homes when the cost of rates, insurance and other expenses increased.

But she said there were things to weigh up, whichever path someone took, and there could have been drawbacks if Murphy had opted for the reverse mortgage.

Heartland, for example, charges a variable interest rate – currently 7.75 percent – on reverse mortgage lending. This compounds because repayments are not made until the property is sold. Pigeon said this could mean equity reduced quickly.

“I would encourage people considering whether to have a reverse mortgage to have legal advice, and to also if suitable discuss with their family. Sometimes family members may prefer to assist if they can to assist with the preservation of equity in a property.

“The decision whether to go into a retirement unit or remain in a home with a reverse mortgage will always depend on age, stage and health situation. Care may be required at a later date, and if equity is eroded by a reverse mortgage it may reduce options if say a fall necessitates care needs etc. It is impossible to have a crystal ball for potential needs in the future. These potential issues need to be discussed and a decision made in the circumstances. Reverse mortgages are a product to enable a person to remain in their home, but the pros and cons need to be weighed up.”

Retirement Village Residents Association president Brian Peat said he chose a retirement village because he needed to find something quickly when he returned from Queensland.

He said it was not common for people to regret moving into a village but it was a “huge step into the unknown” for residents.

“”It is certainly a different lifestyle and some adjust but others don’t.”

Michelle Palmer, executive director of the Retirement Villages Association, said there were about 53,000 people in retirement villages around the country and 130 moved in every week.

“However, we recognise village living isn’t for everyone. That’s why we encourage anyone considering a move to visit different villages, talk to residents and have conversations with family and friends.

“It is also a legal requirement under the Retirement Villages Act to obtain independent legal advice before signing an agreement. “

She said Murphy’s experience was not typical and she was disappointed and surprised that none of the villages had met her expectations.

“The residents I speak with tell me they value the sense of community, companionship and security villages provide, along with the peace of mind that comes from a low-maintenance lifestyle. They tell me how much they love the village amenities and activities. For many, access to hospital-level care, should they need it, is also an important consideration.

“Some older New Zealanders do choose options such as a reverse mortgage to remain in their home. However, many residents appreciate that in a retirement village, exterior maintenance, lawns, rates and often building insurance are managed by the operator. In many cases, retirement villages also have fixed weekly fees so that provides greater financial certainty.

“As people age, the responsibilities associated with owning a house can become more physically demanding and a financial burden, so having them taken care of provides real reassurance.”

Heartland Bank general manager of retail and reverse mortgages, Will White, said there had been a 15 percent increase in reverse mortgage business in the past six months. There are now more than 26,000 people with a Heartland reverse mortgage.

He said reverse mortgages were popular when prices increased and people had more equity to draw against. They were still popular now, in a weaker housing market, when people struggled with the cost of living and rising rates.

He said people who were under the age of 60 would not be able to access a reverse mortgage. “The earlier you get the reverse mortgage, the more interest you will pay.”

But he said there were many customer protections in place that were not there 20 years ago.

“People rightly have a long memory and there’s this idea that debt’s going to be left to the children, you no longer own your own home… all those things are false but it’s always important for us to make sure we get those messages out there that it’s a different product than people remember.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://nz.mil-osi.com/2026/03/06/reverse-mortgage-or-retirement-village-which-will-give-you-the-retirement-you-want/

Celebrate Wealth, Fortune, and Prosperity at “Chap Goh Mei Festival” at The Mines Shopping Mall

Source: Media Outreach

SELANGOR, MALAYSIA – Media OutReach Newswire – 4 March 2026 – In celebration of Chap Goh Mei, The Mines Shopping Mall Seri Kembangan invites families and friends to their Chap Goh Mei Festival. From 6 – 8 March, 4pm – 11pm daily, the festival brings together culture, entertainment, and tradition, all set against the lively buzz of the Foodie Tour pop-up experience. Brimming with cultural performances, celebrity appearances, and thrilling rewards for visitors of all ages, the three vibrant days of festivities promises a spectacular end to the Chinese New Year season.

The main festivities begin on Saturday, 7 March, with a beloved Mandarin Orange Tossing, the timeless tradition where singles toss mandarin oranges in hopes of finding live and meaningful connections in the New Year. Adding to the excitement is the Grand Lucky Draw featuring special prizes from renowned jewellery brand, ‘Poh Kong’. For fans of DISSY, the popular Malaysian Chinese Youtube personalities will be present for a meet and greet to kick off the event. Saturday’s celebration continues to be enriched by captivating cultural performances, inviting great prosperity and fortune for all who attend. Visitors are encouraged to bring along their families to enjoy the joyous Lion Dances, Choi San Appearances, and graceful Fan Dance Performances.

On Sunday, 8 March, the festival’s main highlights include family-friendly activities and a grand finale celebration. The Kids Talent Competition will showcase young performers taking centre stage to showcase their creativity and confidence. The celebration will culminate in a spectacular Firework Show accompanied by Yee Sang Sessions for a final welcome to the New Year. The evening will also feature an energetic Chinese New Year songs and dance mashup performances, bringing the festivities to an exhilirating close.

Throughout all three days, from 6 to 8 March, guests can enjoy a wide range of engaging activities. Families can participate in free kids’ workshops, while roaming entertainment such as the Mixue Snow Kings Walkabout, adding an element of surprise and delight. Couples and singles can explore the Love Matching Session on Saturday and Sunday, while the Blessing Wall offers visitors a chance to pen their wishes for the year ahead. The Giant Inflatable Choi San Photo Corner provides the perfect festive backdrop for memorable snapshots, and food lovers can indulge in a variety of delicious offerings at the lively Foodie Tour Market.

The Chap Goh Mei Festival at The Mines promises a meaningful and joyful gathering that honours tradition while creating new memories. By bringing together cultural heritage, community engagement and exciting rewards, the event offers a vibrant finale to the Lunar New Year celebrations.

For more information, visit The Mines Shopping Mall’s website at https://the-mines.com.my or find real-time updates at The Mines Shopping Mall’s Facebook Page facebook.com/theminescapitaland

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The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/celebrate-wealth-fortune-and-prosperity-at-chap-goh-mei-festival-at-the-mines-shopping-mall/

Correcting and Replacing: Infinix NOTE 60 Ultra Ushers in New Premium Era

Source: Media Outreach

Thanks to powerful partnerships with industry leaders, NOTE 60 Ultra represents Infinix’s boldest entry in the flagship tier, debuting in Barcelona during MWC 2026

BARCELONA, SPAIN – Media OutReach Newswire – 5 March 2026 – Infinix is cementing its status within the premium smartphone segment in a bold new way with NOTE 60 Ultra, its landmark flagship debuting in Barcelona during Mobile World Congress 2026.

Infinix NOTE 60 Ultra Design by Pininfarina

Co-developed with Italian automotive and design legend Pininfarina, NOTE 60 Ultra’s design is driven by an emotion-led aesthetic inspired by super cars. Beneath its bold design lies a fully realized flagship experience, integrating breakthrough in-house innovations with best-in-class partner technologies. A professional-grade 200MP ultra-high-definition imaging system, built-in multi-country satellite communication connectivity, and immersive audio precision-tuned by SOUND BY JBL come together to challenge expectations in the premium segment.

Supercar Design DNA in a Flagship, Shaped by Pininfarina

In the premium segment, the design language is a device’s opening statement. A user’s perception at first glance is shaped by aesthetics, long before a single specification is considered.

Drawing inspiration from the aerodynamic philosophy and pioneering spirit of high-performance sports cars, Infinix, in partnership with Pininfarina, takes a radical departure in sculpting a flagship. What stands out immediately is what’s missing: the camera bump. As premium handsets adopt larger sensors, they often sacrifice form with increasingly protruding camera modules.

True to the sports car heritage, NOTE 60 Ultra introduces a fully integrated, single-body rear: the Aluminum Unibody Design. At the heart of this craftsmanship is the World’s 1st Uni-Chassis Cam Module, formed a single, continuous sheet of CORNING® GORILLA® GLASS VICTUS that virtually conceals the presence of the camera. Much like a supercar sculpted for low-drag, the rear design maintains a smooth, uninterrupted silhouette. This also ensures a natural in-hand feel and unobtrusively slips into any pocket, while reinforcing the phone’s durability and structural integrity.

Paying homage to Italian cultural and racing heritage, NOTE 60 Ultra arrives in four striking colorways: Torino Black, Monza Red, Amalfi Blue, and Roma Silver. Each hue draws inspiration from the most iconic scenes and legends of Italy’s motorsport and cultural history, capturing the spirit of speed, lifestyle, and emotional beauty.

Just as a supercar announces its ignition through sound and light, NOTE 60 Ultra mirrors the ritual. A Floating Taillight signature spans the rear, illuminating as the device powers on. And as a final nod to automotive heritage, NOTE 60 Ultra features an Active Matrix Display reminiscent of a supercar dashboard at startup. Concealed within the rear surface, the hidden display lights up to reveal notifications, expressive icons, or a pixel-style virtual companion.

Dual Flagship Cameras for Detail, Zoom, and True-to-Life Imaging

Although discreet at first glance, Infinix makes no concessions on camera performance and earmarks a new era for Infinix’s imaging capability. Delivering performance on par with industry-leading standards, Infinix’s Dual Flagship Imaging Architecture marks several brand-first breakthroughs and improvements across three dimensions, reinforcing its position as a signature offering.

Under the hood, it’s clear that NOTE 60 Ultra refuses to settle for less. Discreetly integrated within the Uni-Chassis Cam Module is a powerful triple-camera array. Anchored by a next-generation 200MP Samsung ISOCELL HPE sensor, NOTE 60 Ultra delivers ultra-high-definition clarity. And ensuring flagship-grade versatility across focal lengths, the phone is complemented by a 50MP Samsung ISOCELL JN5 periscope telephoto lens and a 112° ultra-wide lens.

However, hardware alone does not define the full experience. For the first time, Infinix supports the XDR display standard with Ultra HDR Capture. Powered by a proprietary XDR Image Engine, Infinix’s advanced system delivers a superior dynamic range, ideal for true-to-life photos of bright lights at night or breathtaking sunset scenes.

The result is exceptional resolution that sets a higher bar for precise framing in daylight or after dark, while faithfully preserving details often lost in standard photography. Whether exploring daytime cityscapes or distant horizons, NOTE 60 Ultra excels with its advanced optical‑to‑digital zoom performance. Crisp, detailed shots are captured across a versatile zoom range, from a 2× optical crop and native 3.5× optical zoom to a 7× lossless digital zoom, extending up to 100× for extreme distances.

Expansive Satellite Calling and Messaging Coverage

Beyond what meets the eye, NOTE 60 Ultra carries a more subtle capability designed to accompany the user’s ambition, as far as and wherever the road leads. NOTE 60 Ultra is the first¹ to introduce dual-way satellite calling with expansive global coverage across a far greater number of countries¹. Powered by two-way messaging and calling beyond traditional terrestrial networks, NOTE 60 Ultra offers an added peace of mind whether navigating remote terrain beyond cellular coverage or facing large-scale network disruptions. The device bridges regional connectivity gaps to maintain communication and enables emergency location sharing when it matters most.

Ultra-Fast, Enduring Functionalities for an All-Around Flagship Experience

NOTE 60 Ultra combines category-leading performance and enduring power to support multi-sensory entertainment without interruption. Complementing this, its latest user experience delivers forward-looking innovations and AI-driven optimizations, making it more accessible and seamless for everyday use.

Impressively, Infinix debuted the Proprietary Battery Self-Healing Technology. Despite featuring a massive 7000mAh silicon-carbon battery within a slim, lightweight frame, NOTE 60 Ultra is engineered to restore up to 1%² of battery health every 200 charge cycles. Complementing this breakthrough, NOTE 60 Ultra supports wired 100W All-Around Fast Charge and 50W wireless charging, achieving a full charge from 1% to 100%² in only 48 minutes through a wired connection.

Even with a massive battery, Infinix pulls out all the stops to optimize for both speed and energy management. Featuring a 4nm all-big-core MediaTek Dimensity 8400 Ultimate chipset together with Infinix’s self-developed performance engine, NOTE 60 Ultra achieves up to 25%² faster multitasking, accelerated app responsiveness, and sustained smoothness.

NOTE 60 Ultra excels in its class with a captivating, 1.5K Ultra HDR cinematic display. Delivering fluid 144Hz responsiveness and exceptional 4500-nit peak brightness, visuals remain vibrant across most lighting conditions. Even in motion, intelligent predictive stabilization minimizes motion sickness, whether watching a film or playing games from within a car. And just as a high-performance vehicle demands calibrated acoustics, NOTE 60 Ultra doesn’t settle for less. It delivers high-fidelity audio through a stereo system with SOUND BY JBL, completing a truly compelling entertainment experience.

The NOTE 60 Ultra’s optimized performance enables its intelligent AI features to run fluidly and efficiently with minimal battery drain. Its integrated AI ecosystem focuses on practical daily-enhancing functions, including real-time vitals tracking via Advanced Health Monitor, personalized file organization and an adaptive AI-powered knowledge base, all evolving with user preferences. These AI capabilities are seamlessly woven into GlowSpace, a new interface debuting on XOS 16.³ Powered by Android 16, GlowSpace introduces a fully reimagined UI centered on fluid motion and luminous details that animate with every interaction.

Through co-engineering with leading technology and innovation partners, Infinix has aligned NOTE 60 Ultra around a unified vision of excellence. The outcome is a benchmark-setting flagship defined not by spectacle, but by deeply integrated and purposeful engineering, inside-out.

Product availability

NOTE 60 Ultra comes with a promise of 3 years of major OS updates and 5 years of security patches.

NOTE 60 Ultra is available in four colors: Torino Black, Monza Red, Amalfi Blue, and Roma Silver.

It will be available in two variants: 12GB + 256GB, 12GB + 512GB, with built-in eSIM⁴.

NOTE 60 Ultra comes with a deluxe gift box with automotive-inspired display stand design. A Supercar-Inspired MagCharge Base in Zinc Alloy, a Kevlar-Pattern MagPad, a Custom Kevlar MagCase, and a Track-Edition SIM Ejector Pin are included in the gift box.

Disclaimer

¹As of launch, this device is the first commercially available smartphone to support twoway satellite calling across multiple countries. Feature availability, supported regions and coverage are subject to local certification, network deployment and market conditions.

²All data comes from Infinix laboratories. The testing data may vary slightly between different test versions and testing environments.

³The specific XOS upgrade plan for each model will be announced separately. Please note that availability of this upgrade may be limited in certain countries.

⁴eSIM availability is carrier and region-dependent; it may not be supported in all countries.

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The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/06/correcting-and-replacing-infinix-note-60-ultra-ushers-in-new-premium-era/