Under alert level three, the catering industry can do takeout, but people cannot dine in. Pan's restaurant has launched online and telephone ordering, as well as group and network delivery. If the alert level three status is lowered to level two as planned next week, economic activities will be further liberalized, such as allowing dine-in, and the sector will recover quite soon, Pan said.

Economists believe due to New Zealand's low government debt and low interest rates maintained by quantitative easing, it can maintain a stable economic recovery.

Insurance company FM Global named New Zealand as the 12th "most resilient country" in the world in the 2019 Global Resilience Index. FM Global assesses the business environment in 130 countries based on factors such as corporate governance, and risk environment.

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