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Gen-i supports ICBC's New Zealand launch

One of the world’s largest banks, the Industrial and Commercial Bank of China (ICBC), has leveraged Gen-i’s ICT solutions expertise to open their first branch and become the first Chinese bank in New Zealand.

Free template legal documents for NZ tech companies

Technology law firm Simmonds Stewart has launched an online suite of template documents for New Zealand tech companies, to help them with the legal basics.

Investors better informed about low ball offers - FMA

FMA says in a report published today that new regulations are assisting investors to make better informed decisions about unsolicited or low ball offers. The report also acknowledges that companies whose investors have been targeted have contributed to investors being better informed.

Synlait Milk posts $12.1 million half year NPAT

Synlait Milk Chairman Graeme Milne today announced that Synlait Milk has posted a $12.1 million net profit after tax for the first six months to 31 January 2014, an increase of $5.3 million on the $6.8 million for the same period in 2013.

Super prices at supermarkets need explaining - Beaumont

New Zealand’s supermarket duopoly needs to do some serious explaining as to why their fruit and vegetables are so pricey, Labour’s Consumer Rights spokesperson Carol Beaumont says.

Leathers sale leads collaboration

An agreement confirmed today between Silver Fern Farms and Lowe Corporation will see collaboration at a scale which is set to dramatically change the hide, pelt and rendering sector in New Zealand.

Record breaking start to the year for Auckland tourism

Auckland’s tourism industry has experienced its best ever summer month, with record-breaking international visitor arrivals and an unprecedented 93 per cent hotel occupancy rate in February 2014.

BusinessNZ Planning Forecast shows positive indicators

The BusinessNZ Planning Forecast shows the sun still shining on the New Zealand economy.

ASB Bank sets rate on subordinated note offer

ASB Bank Limited ("ASB") today announced the interest rate applicable to its offer of subordinated unsecured debt securities ("ASB Notes") to raise up to NZ$300 million, with the ability to accept oversubscriptions of up to NZ$100 million ("Offer").

Conviction 'provides timely reminder of director duties'

Company directors are far more likely to be in the gun over liability issues under New Zealand’s tougher health and safety regulations.

ASX: Shares gain despite China manufacturing pain

By Michael McCarthy (Chief Market Strategist, CMC Markets)

Auckland Airport supports new tourism growth framework

Auckland Airport has congratulated the New Zealand Tourism Industry Association on the development of a strategic growth framework, and is committed to playing its part to deliver growth for the country.

Tourism 2025 'an aspirational goal'

Growing annual tourism revenues to NZ$41 Billion per annum is the aspirational goal of Tourism 2025 released today by the Tourism Industry Association New Zealand (TIA).

Air New Zealand supports Tourism 2025

Air New Zealand welcomes today’s launch of the tourism industry’s new framework to significantly grow the contribution of tourism to New Zealand’s economy.

Tourism aims to earn $41 billion in 2025

New Zealand’s tourism industry has today unveiled its goal to contribute $41 billion a year to the economy by 2025, up from $24 billion now.

Christchurch Airport supports Tourism 2025

The role Christchurch Airport plays in tourism has been highlighted by today’s release of the Tourism 2025 industry growth framework. The framework released by Tourism Industry Association (TIA) revealed an industry wide goal to contribute $41 billion a year to the economy by 2025.

Valve manufacturer opens base at Portlink

The opening of Cla-Val Pacific’s new 1100m2 manufacturing and warehouse facility at Portlink Industrial Park in Woolston is an encouraging sign for businesses looking to base themselves in eastern Christchurch.

'Domestic tourism co-operation needed' to align for growth

More co-ordination and stronger co-operation between regions is needed to develop New Zealand’s domestic tourism potential and boost profits for operators.

Christchurch retail spending surges ahead

Growth in Christchurch's retail and hospitality spending surged ahead of that at the national level in the December 2013 quarter, Statistics New Zealand said today.

Building industry 'in dire need of 5,000 more apprentices'

The construction industry is still woefully short of building apprentices despite a massive 55 per cent increase in new apprenticeship sign-ups in 2013, according to the Building and Construction Industry Training Organisation (BCITO).

Dimension Data announces private network connection services

Dimension Data, the USD5.8 billion global ICT solutions and services provider, today announced the availability of Cloud Private Network Connection (CPNC) as an add-on service for its enterprise-class Public, Private and Managed Hosting cloud offerings.

'100% Middle-earth' drives visitor arrival growth

The tourism sector’s period of strong growth is continuing with total international arrivals for the first two months of 2014 up by 9.5 per cent on the same period last year.

Visitor arrivals break February record

Visitor arrivals to New Zealand in February 2014 were the highest ever for a February month, Statistics New Zealand said today. The number of visitors in February (301,200) was up 7 percent from last year.

Up to 125 more Auckland jobs set to go

Up to 125 Auckland jobs will be gone by Christmas, with the closure of the Cerebos South Auckland operation. Service and Food Workers Union Food Sector Leader, Chas Muir, said the job loss was a devastating result of poor government manufacturing policies.

Economy grows by 3.1 per cent, on right track - English

The economy continued to grow by more than 3 per cent in the year to 31 December, confirming that New Zealand remains on the right track under the Government’s economic programme, Finance Minister Bill English says.

Some postage rates to rise from 1 July 2014

The standard letter rate - the cost of sending a medium sized letter by Standard Post within New Zealand - will rise by 10 cents, from 70 cents to 80 cents, from 1 July 2014.

GDP up 0.9 percent

Strong growth in manufacturing saw gross domestic product (GDP) rise 0.9 percent in the December 2013 quarter, Statistics New Zealand said today.

Newspapers 'among top two' choices for marketers

Newspapers remained one of the top two choices for marketers placing advertising spend in 2013, according to annual figures compiled by the Advertising Standards Authority and released today.

Record dairy exports shrink current account deficit

An increase in the value of dairy product exports has seen New Zealand record its smallest seasonally adjusted current account deficit since the March 2010 quarter, Statistics New Zealand said today.

Accounting body appoints new President

Global accounting body CPA Australia has appointed Chandan Ohri as President of its New Zealand branch Council. Ohri, who is the Head of IT Advisory at KPMG, takes over as President from Beca’s Mark Stinson and will serve a two-year term.

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