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Archive for May, 2018

MARKET CLOSE: NZ shares rise in heavy MSCI trading

Article – BusinessDesk

MARKET CLOSE: NZ shares rise in heavy MSCI trading; Synlait, Mercury gain while A2 falls Read more »

All of Christchurch can now connect to UFB

Press Release – New Zealand Government

Hon Clare Curran Minister of Broadcasting, Communications and Digital Media 31 May 2018 EMBARGOED UNTIL 1800 THURSDAY 31/5/18 MEDIA STATEMENT All of Christchurch can now connect to UFB All residents of Christchurch and the surrounding areas can now … Read more »

NZ dollar rises against Aussie, steady vs USD

Article – BusinessDesk

NZ dollar rises against Aussie, steady vs USD on easing Italy worries By Rebecca Howard Read more »

Fletcher’s Laminex exits 10-year investment in Southland MDF

Article – BusinessDesk

Fletcher’s Laminex exits 10-year investment in Southland MDF plant with sale to Daiken Read more »

Scott Technology conditionally agrees to buy Transbotics

Article – BusinessDesk

May 31 (BusinessDesk) – Scott Technology has entered a conditional agreement to buy Transbotics, a US-based automated guided vehicle manufacturer. No price was disclosed. Read more »

Buy NZ Campaign Gets New Executive Director

Press Release – Buy NZ Made

Experienced business, marketing and e-commerce specialist Ryan Jennings has joined the BusinessNZ team as Executive Director of the Buy New Zealand Made Campaign. Read more »

Building facilities to cope with tourist numbers

Press Release – New Zealand Airports Association

Building facilities to cope with tourist numbers the real issue, say airports New Zealand faces huge challenges to build infrastructure to meet the tourist boom, and airlines need to get on board, says the New Zealand Airports Association (NZ Airports). Read more »

Tencent Mobility snaps up Grinding Gear Games

Article – BusinessDesk

May 31 (BusinessDesk) – Hong Kong-listed Tencent Mobility was granted Overseas Investment Office approval to buy up to 100 percent of video game developer Grinding Gear Games for more than $100 million. Read more »

OIO clears two yet-to-be announced deals

Article – BusinessDesk

May 31 (BusinessDesk) – The Overseas Investment Office has signed off on two deals involving public market transactions that have yet to be announced, although both involved domestic law firm Bell Gully. Read more »

Z stops providing plastic bags from tomorrow

Press Release – Z Energy

Z Energy service stations will stop providing single-use plastic bags to customers from tomorrow. Z has phased out the bags over the past 6 months, in response to a groundswell of support from Kiwis for ending New Zealands dependency on plastic … Read more »

Oceania Natural to quit NXT, in talks with investors

Article – BusinessDesk

May 31 (BusinessDesk) – Oceania Natural will quit NZX’s NXT market next month, pending shareholder approval, after two years on the bourse for minnows, saying the cost of staying listed is too much relative to its revenue. Read more »

Unprecedented agreement between forest owner and sawmill

Press Release – Joint Press Release

Unprecedented agreement between forest owner and local sawmill secures Northland jobs In an unprecedented move, representatives from China Forestry Group NZ and Waipapa Pine Ltd today entered into a long-term supply agreement that will see jobs for Kiwis … Read more »

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