Archive for September, 2011

Implementation of Act an important step

Press Release – Trustee Corporations Association

The Trustee Corporations Association today welcomed the new Securities Trustees and Statutory Supervisors Act which comes into force tomorrow. Read more »

Securities Trustees and Statutory Supervisors Act

Press Release – Financial Markets Authority

From 1 October, 2011 securities trustees and statutory supervisors will be regulated under new rules overseen by the Financial Markets Authority. Read more »

iSite granted clearance to acquire billboard assets of O.T.W

Press Release – Commerce Commission

The Commerce Commission has granted clearance for Infratil Outdoor Media Limited, the owner of iSite Limited, to acquire up to 100 per cent of the billboard assets of O.T.W. Advertising Limited. Read more »

Fujitsu New Zealand Appoints New Managing Director

Press Release – Fujitsu

Sydney and Auckland, 30 September 2011 – Fujitsu Australia and New Zealand, a leading provider of ICT business solutions, has promoted Jo Healey to the role of Managing Director of Fujitsu New Zealand effective 1 October. Ms Healey, who has been with … Read more »

Hawke’s Bay and West Coast countdown for digital TV switch

Press Release – New Zealand Government

Today marks one year before New Zealand starts making the full switch to digital television in stages, and viewers who are not already watching digital should start planning their switch now, says Broadcasting Minister Jonathan Coleman. Read more »

World’s largest floating wetland to boost lake water quality

Press Release – Rotorua District Council

Anyone flying over Rotorua in the future will be in no doubt what part of the country lies below when they see the name ‘Rotorua’ spelled out in giant letters as part of a floating wetlands environmental initiative on the surface of Lake Rotorua. Read more »

Climate change the focus of World Habitat day

Press Release – Hastings District Council

Climate change affects not only the environment – it also has an impact on housing, transport, health, economics and land, all areas of concern for the people of Hastings District. Read more »

Flight Centre And FCm Soar At World Travel Awards

Press Release – Flight Centre

Flight Centre Limited (FLT) has won four major honours at the 2011 World Travel Awards in Bangkok. Read more »

Iconic Waiheke Island vineyard on market for the first time

Press Release – Bayleys

Described by London’s Wine International Magazine as: “One of the most achingly beautiful and dramatic places a vineyard has ever taken root” and “World Class” by USAToday, America’s leading national newspaper, Waiheke Island’s Te Whau Vineyard … Read more »

Telebonds stockholders approve demerger resolution

Press Release – Telecom New Zealand

Telecom has today announced the results of the demerger consent vote relating to Telebonds and other NZ$ denominated stock issued by TCNZ Finance Limited (Stock). Read more »

Cathay Pacific Appoints New Country Manager For NZ

Press Release – Cathay Pacific

Ken Chiu has been appointed Country Manager for Cathay Pacific Airways in New Zealand, succeeding David Figgins who retires today after 37 years working for Cathay Pacific, most of which time was spent in the role of Country Manager. Read more »

Capgemini Agrees Strategic Relationship with Sybase and SAP

Press Release – Capgemini Global

Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, today announced it is cooperating with Sybase , an SAP company, to manage the deployment of enterprise mobility solutions. Capgemini will host mobile … Read more »

All eyes on S&P after Fitch cuts NZ credit rating to AA

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Fitch Ratings’ decision to cut New Zealand’s credit rating is stoking speculation of a similar move by Standard & Poor’s, which has the sovereign rating on negative outlook on the risks associated with the size … Read more »

MSC doubles Port of Tauranga shipping schedule

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Port of Tauranga, New Zealand’s biggest export hub, says the world’s second-biggest shipping line will double the frequency of its Oceana Express Service, taking it to weekly basis following positive feedback from customers. Read more »

Young Labour calls for an honest debate

Press Release – Young Labour

Young Labour is welcoming public debate on drug law reform in the mainstream media, but has concerns that the conversation has denigrated into name-calling and scare tactics. Read more »

Collaboration between Council and contractors agreed

Press Release – Auckland Council

Auckland Council has signed a memorandum of understanding with the New Zealand Contractors’ Federation and Roading New Zealand, promoting strong and productive working relationships between council and the two representative bodies. Read more »

All eyes on S&P after Fitch cuts NZ credit rating to AA

Article – BusinessDesk

Sept. 30 (BusinessDesk) – Fitch Ratings’ decision to cut New Zealand’s credit rating is stoking speculation of a similar move by Standard & Poor’s, which has the sovereign rating on negative outlook on the risks associated with the size … Read more »

New Zealand building consents extend gains in August

Article – BusinessDesk

Sept. 30 (BusinessDesk) – New Zealand building consents rose for a second month, boosted by a boom in applications for temporary structures to house Christchurch residents made homeless by the February earthquake. Read more »

Ratings cut reflects structural failure by National

Press Release – New Zealand Labour Party

Finance Minister Bill English clearly failed to convince Fitch ratings agency when he met the agency in Washington last week that National has a cohesive economic plan to bring debt under control and promote growth and savings, says Labour’s Finance … Read more »

Credit Downgrade Was Avoidable says Brash

Press Release – ACT New Zealand

ACT Party Leader Don Brash today said that the news that New Zealand’s long-term foreign credit rating has been downgraded did not surprise him, noting that he had been saying for many months that New Zealand has become too heavily dependent on … Read more »

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