Windflow to sack staff as UK, NZ energy markets remain slow

Article – BusinessDesk

Jan. 23 (BusinessDesk) – Windflow Technology, the unprofitable wind turbine manufacturer, will sack staff to reduce costs in the face of slow planning and production in the UK and weak demand in the New Zealand market. Read more »

NZ dollar holds at 2 1/2 year low as investors mull outlook

Article – BusinessDesk

Jan. 23 (BusinessDesk) – The New Zealand dollar held at a key two-and-a-half year low as investors mull whether the currency is a good bet because of its high yield or whether it is risky bet given concern about slowing global growth. Read more »

UPDATE: MPI, Zespri eye reports into Chinese importer

Article – BusinessDesk

Jan. 22 (BusinessDesk) – The Ministry for Primary Industries and Zespri International, the worlds largest kiwifruit marketer, are monitoring reports that staff at a Chinese company that imports a number of New Zealand’s primary sector products have … Read more »

NZME notable absentee in All-of-Govt advertising panel

Article – BusinessDesk

Jan. 22 (BusinessDesk) – NZME, the New Zealand unit of APN News & Media, is a notable absentee in the panel for advertising media in the latest all-of-government procurement deal. Read more »

NZ dollar falls as investors mull lower rates; ECB looms

Article – BusinessDesk

Jan. 22 (BusinessDesk) – The New Zealand dollar dropped to a two-and-a-half year low as investors speculate the central bank may have to lower interest rates after the Bank of Canada surprised markets with a rate cut yesterday, and ahead of Europe’s … Read more »

Contact signs deal with Maui that could see it use less gas

Article – BusinessDesk

Jan. 22 (BusinessDesk) – Contact Energy, one of New Zealands largest electricity generators and retailers, has signed a new deal with Maui Development Ltd to purchase between 22 and 26 petajoules of gas over a two-to-three-year period that significantly … Read more »

Stand on airline fuel charges welcomed

Press Release – Customs Brokers and Freight Forwarders Federation

The Customs Brokers and Freight Forwarders Federation of New Zealand (CBAFF) has welcomed a stand by the international body, which would help consumers reap the benefits of falling oil prices. Read more »

To Rent or To Buy a House? A Global View

Press Release – rateyourflat.com

Shelter is a basic need for mankind, irrespective of what form. But, as humans, we look for something concrete and strong. This again is classified into rental, lease, buying or possessing of the asset, also considered as an essential component of investment. … Read more »

GeoOp user growth accelerates in December quarter

Article – BusinessDesk

Jan. 22 (BusinessDesk) – GeoOp, whose software allows mobile businesses such as builders to manage their workforce, reported accelerating growth in user numbers through the final three months of 2014. Read more »

RMA adds $30B to housing costs, stopped 40k houses: Smith

Article – BusinessDesk

Jan. 21 (BusinessDesk) – The Resource Management has added as much as $30 billion to the cost of new homes and stopped as many as 40,000 being built in the last decade, says Environment Minister Nick Smith in a speech outlining a wide-ranging 10 point … Read more »

StretchSense wins world recognition in wearable tech space

Article – BusinessDesk

Jan. 21 (BusinessDesk) – StretchSense, a start-up which develops and manufactures wearable sensors, has been selected by an international jury as one of the worlds most innovative wearable technology companies. Read more »

Mediaworks And Radio Tarana Form Commercial Partnership

Press Release – Mediaworks

MEDIA RELEASE FOR IMMEDIATE RELEASE Wednesday 21 January, 2015 Mediaworks And Radio Tarana Form Commercial Partnership MediaWorks Radio and Radio Tarana have formed a new partnership that will bring both parties fresh commercial opportunities. The … Read more »

Swiss-Belhotel International Adopts STAAH

Press Release – STAAH

Swiss-Belhotel International has engaged leading channel management and booking engine solution STAAH, equipping the global hospitality management chain’s e-commerce team with a potent new weapon. Read more »

NZ dollar declines ahead of 4Q inflation data

Article – BusinessDesk

Jan. 21 (BusinessDesk) – The New Zealand dollar declined ahead of consumer prices data due this morning which is expected to show annual inflation dipped below the Reserve Bank’s target, likely keeping interest rates on hold for an extended period. Read more »

ANZ cuts 2014/15 Fonterra payout forecast to $4.35/kgMS

Article – BusinessDesk

Jan. 20 (BusinessDesk) – ANZ Bank New Zealand has further cut its forecast payout to Fonterra Cooperative Group’s shareholder farmers in the 2014/15 season to $4.35 per kilogram of milksolids, adding almost a billion dollars more to the hit it expects … Read more »

Datacom and Interactive Intelligence partner

Press Release – Datacom

January 20, 2014 Datacom, one of Australasias largest independent business technology solutions providers, and contact centre software company, Interactive Intelligence Group (Nasdaq: ININ), have announced a strategic partnership that will … Read more »

HSBC’s Bloxham predicts another strong NZ performance

Article – BusinessDesk

Jan. 20 (BusinessDesk) – Paul Bloxham, the HSBC economist who coined the phrase ‘rock star economy’ for New Zealands economic growth last year, is forecasting the country will remain one of the strongest performing developed economies in 2015. Read more »

NZ dollar set to gain vs. yen in 2015; exporters wary

Article – BusinessDesk

Jan. 19 (BusinessDesk) – The New Zealand dollar is expected to gain the most against the Japanese yen this year, providing a significant headwind for buttercup squash exporters in their largest market, following an 8.5 percent rise in the cross-rate … Read more »

NZ dollar heads for 1.9% weekly gain vs. euro after SNB

Article – BusinessDesk

NZ dollar heads for 1.9% weekly gain vs. euro as SNB action seen signalling QE Read more »

Briscoe’s Rod Duke keeps silent on Pumpkin Patch speculation

Article – BusinessDesk

Jan. 16 (BusinessDesk) – Rod Duke, majority shareholder and managing director of Briscoe Group, has refused comment on market speculation that he may take control of struggling childswear retailer Pumpkin Patch. Read more »

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