Asian mega centre boost for Christchurch business
Three NZ companies will leave their mark on Kids City, a massive new family entertainment complex in Cambodia.
Three NZ companies will leave their mark on Kids City, a massive new family entertainment complex in Cambodia.
Prices of dairy products fell in Fonterra's latest GlobalDairyTrade auction - the first decline in four sales.
The terms of trade fell for the fifth straight quarter in September, to be nearly 10 per cent off the peak in mid-2011.
Fifty top NZ businesses have launched a public relations campaign to sell the benefits of the Trans Pacific Partnership deal to ordinary Kiwis.
TPP negotiators meet in Auckland this week to further a plan to create jobs and growth.
Units in the new Fonterra Shareholders Fund have debuted at $6.66 per unit - a $1.16 premium to their $5.50 issue price.
Subdued inflation will keep the Reserve Bank's official cash rate on hold until at least 2014, the NZIER predicts.
New Zealand's trade accounts sank deeper into the red last month.
Units in the newly-formed Fonterra Shareholders Fund have been priced at the very top of the dairy cooperative's $4.60 to $5.50 indicative range.
Fonterra said it had set its final price for units in the Fonterra Shareholders' Fund at $5.50 per unit - the top end of an indicative $4.60 to $5.50 range.
New Zealand chalked up its third monthly trade deficit in October, with the annual deficit widening to $1.37 billion.
New Zealand will not sign a Trans Pacific Partnership Agreement unless it removes tariffs on dairy products and allows the state-owned drug-buying agency to stay.
New Zealand's milk production leaped 11.3 per cent last season, the most productive on record.
Fonterra will put in the bulk of shares required for the Fonterra Shareholders' Fund following a muted response from its farmer members.
Prices of dairy products rose in the latest online dairy auction, the third straight gain.
Prime Minister John Key had an informal discussion with US President Barack Obama in Phnom Penh this morning and the issue of Kim Dotcom appears to have been discussed.
Government-funded rewards - including tax breaks and grants - could encourage high-performing companies to stay in this country.
United States President Barack Obama will open Trans-Pacific Partnership talks in Cambodia while new negotiations offer up India, Japan and South Korea.
Exporters' lobby group calls for increasing population through immigration and developing bigger companies.
Chinese interest in investing in Fonterra's Cooperative Group's shareholder fund was predictable, says the main farm lobby group.