Open-Ed
Dave Ananth
Auckland, May 7, 2024
In the diverse cultural landscape of New Zealand, ethnic communities play a significant role in contributing to the economy, tax revenue, and overall happiness of the nation.
While celebrations of food and cultural festivities are important, there is a growing need to shift the focus towards fostering business interests and economic growth within these communities.
As the President of an ethnic association, the lack of support for business networking initiatives has been a prevalent challenge, highlighting the disparity in government funding and attention between cultural events and business development.
Statistics and numbers indeed do not lie when it comes to showcasing the valuable contributions of ethnic communities to New Zealand’s economy and society.
Going beyond piecemeal recognition
From small businesses to large corporations, these communities have been instrumental in driving innovation, creating job opportunities, and enriching the cultural fabric of the nation.
However, the piecemeal recognition during ethnic celebrations must evolve beyond mere cultural showcases and delve deeper into promoting business collaboration, entrepreneurship, and economic prosperity.
While cultural events play a crucial role in celebrating diversity and fostering social cohesion, it is essential to recognise that economic empowerment and business growth are equally vital components of community development. The government’s role in promoting business interests among Southeast Asian communities in New Zealand becomes paramount in ensuring a level playing field for all entrepreneurs and fostering a conducive environment for economic success.
As the President of an ethnic association, the struggle to garner support and funding for business networking initiatives underscores the need for a more comprehensive approach towards empowering ethnic businesses and fostering economic growth. While cultural events receive ample attention and resources, the same level of support is often lacking when it comes to promoting business endeavours and entrepreneurial ventures within these communities.
Potential for growth
The vision of making New Zealand prosper both culturally and economically resonates with the aspiration to showcase the nation’s offerings on a global scale. From promoting local products to attracting tourists and students through educational opportunities, there is immense potential for growth and success. However, the lack of government support and investment in business initiatives poses a significant challenge to realising this vision fully.
Hosting seminars and engaging in dialogue are essential steps towards fostering business networking and collaboration within ethnic communities. However, concrete actions, financial support, and policy initiatives are crucial in translating these discussions into tangible outcomes that drive economic growth and prosperity. It is not enough to talk about business opportunities; there must be a concerted effort to provide resources, funding, and support to help businesses thrive and succeed.
The influx of people attending cultural events, singing, dancing, and taking selfies underscores the vibrant cultural tapestry of New Zealand. However, true progress lies in fostering an environment where business transactions, collaborations, and partnerships flourish, leading to tangible economic outcomes and prosperity for all.
It is time to shift the narrative from mere cultural celebrations to a holistic approach that embraces both cultural richness and economic vitality within ethnic communities.
The impact of ethnic communities on business and society in New Zealand is undeniable. It is imperative to move beyond symbolic gestures and token recognition towards fostering a culture of economic empowerment, entrepreneurship, and business growth within these communities. By investing in business networking initiatives, providing financial support, and creating opportunities for economic development, New Zealand can harness the full potential of its diverse ethnic communities and pave the way for a prosperous future for all.
Dave Ananth is the President of the New Zealand Malaysian Business Association based in Auckland.
