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Archive for February, 2013

Global appointment strengthens NZ’s business profile

Press Release – William Buck

New Zealands growing importance as a key player in the Asia Pacific region has been further enhanced by the re-appointment of William Buck Christmas Gouwlands Arran Boote as regional Chair of one of the worlds largest economic alliances. Read more »

Auditor-General report sets the right direction

Press Release – Federated Farmers

Federated Farmers welcomes the audit by the Office of the Auditor General (OAG) on the Ministry for Primary Industries biosecurity preparedness and response activities, particularly relating to Food and Mouth (FMD) disease. Read more »

Turners & Growers narrows 1H loss, writes down orchards

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Turners & Growers, the fruit marketer controlled by Germany’s BayWa Aktiengellschaft, narrowed its first-half loss after taking another writedown on the value of its kiwifruit orchards from the outbreak of Psa vine bacteria … Read more »

CORRECT: TVNZ 1H profit drops 26%, online revenues grow

Article – BusinessDesk

Feb. 28 (BusinessDesk) – State-owned broadcaster Television New Zealand’s earnings after tax for the six months to Dec. 31 fell 26 percent to $14.2 million as advertising revenues fell and the network spent an extra $10.5 million buying programmes, including … Read more »

MARKET CLOSE: NZ shares rise to new 5-yr high; Air NZ jumps

Article – BusinessDesk

Feb. 28 (BusinessDesk) New Zealand shares rose to a new five-year high as investors cheered Air New Zealands profit growth and Fletcher Building pushed back above $9. Read more »

Methven profit down on weak Australian trading,

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Methven, the tapware maker whose board agreed to link director fee increases to earnings growth, has lowered its expected annual profit on weak trading across the Tasman and costs arising from a potential purchase. Read more »

Solid Energy, cruise ship losses pull Port of Lyttelton down

Article – BusinessDesk

Feb. 28 (BusinessDesk) – Christchurch city’s Port of Lyttelton turned in a 16.5 percent reduction in profit for the half year to Dec. 31, largely reflecting reduced coal export volumes from troubled state-owned coal miner Solid Energy and the loss of … Read more »

NZEI welcomes new independent advisor

Press Release – NZEI

NZEI Te Riu Roa welcomes the appointment of Sir Michael Cullen as an independent advisor to work with the Crown and Te Khanga Reo National Trust. Read more »

Local businesses challenged to enter awards

Press Release – Auckland Tourism Events and Economic Development

Is your business up to the challenge? Thats the question from the organisers of this years local business awards as they call for entries in the annual competition. Read more »

Local market supported by offshore strength

Press Release – CMC Markets

Our local market has been supported by overnight strength in European and US markets which were buoyed by the possibility of a government being formed in Italy and further confirmation of the US housing led recovery. Read more »

New Technology to Light Skate Park

Press Release – Unison Networks

Thursday 28 February Hastings green space William Nelson Park will benefit from intelligent LED lightening, thanks to a partnership between the Hastings District Council and Hawkes Bay electricity distribution company Unison Networks. Read more »

Dry conditions lead to Level Two Water Restrictions

Press Release – Palmerston North City Council

Due to dry weather conditions, limited bore water supply and high water demand the Palmerston North City Council will introduce Level Two Water Restrictions as of Saturday, 2 March 2013 until further notice. Read more »

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