Archive for the 'Business' Category

EDS Climate Change & Business Summit: 10-11 October

Press Release – Environmental Defence Society

Climate Change & Business Summit: 10-11 October 2017

The world is changing fast. Technological advancements, political upheavals, and ecological deterioration are causing massive disruption to business as usual. An economic revolution is underway. And underpinning it all is climate change. Read more »

Treasure Box Announces Change of Address

Press Release – Treasure Box

Press Release: Treasure Box Announces Change of Address

Treasure Box is a service that provides quality, quantity, and safety as well. Hence, within no time, it has managed to make a huge name around the world. Recently it has been announced that they have moved their office to a new location. Read more »

Celebrating success of women in construction

Press Release – Joint Press Release

Celebrating success of women in construction

Winners of the third annual Hays NAWIC Excellence Awards have been celebrated as “trail-blazing role models for women in construction” during last night’s ceremony at the Aotea Centre in Auckland. Read more »

Kiwis continue to love being rewarded

Press Release – Loyalty New Zealand

Kiwis continue to love being rewarded

Fly Buys helps Loyalty NZ deliver a healthy profit in its 21st year
Read more »

CBL shares fall 12% as reserves increase dents profit

Article – BusinessDesk

Update: CBL shares fall 12% as reserves increase dents profit

(Updates to add market reaction, comment from analyst)

By Rebecca Howard Read more »

Spark chases quantum leap in 2019 earnings

Article – BusinessDesk

Spark chases quantum leap in 2019 earnings in latest transformation

By Paul McBeth

Aug. 18 (BusinessDesk) – Spark New Zealand wants a “significant” increase in earnings from the 2019 June year after what will be a step up in the cost of its ‘Quantum Programme’ which it says will transform the country’s largest telecommunications company into the operator with the lowest costs. Read more »

Melanie Spencer Joins Strategy Auckland

Press Release – Strategy Auckland

Melanie Spencer Joins Strategy Auckland

18th of August 2017 – Strategy Creative Auckland’s studio will have a new Managing Partner from Monday with Melanie Spencer stepping into the role. Read more »

Increased flights on Bangkok to Auckland route

Press Release – Auckland Airport

Auckland Airport welcomes increased flights on Bangkok to Auckland route
Auckland Airport has welcomed the announcement by Thai Airways that it will increase flights on its Bangkok to Auckland service. Read more »

Steel & Tube annual profit drops 22%

Article – BusinessDesk

Steel & Tube annual profit drops 22% in ‘highly competitive’ construction sector

By Tina Morrison

Aug. 18 (BusinessDesk) – Steel & Tube posted a 22 percent drop in annual profit after the year-earlier earnings were boosted by a property sale. It reduced its dividend payment and said business performance hadn’t met its expectations. Read more »

CBL says 1H earnings dropped 36% due to increased reserves

Article – BusinessDesk

CBL says 1H earnings dropped 36% due to increased reserves

By Rebecca Howard

Aug. 18 (BusinessDesk) – Auckland-based credit surety and financial risk insurer CBL Corp says first half operating earnings fell 36 percent, largely due to a $16.5 million increase in CBL Insurance’s reserves to cover future claims, although revenue growth was still strong. Read more »

UPDATE: Spark annual profit climbs 13% as sales tick up

Article – BusinessDesk

UPDATE: Spark annual profit climbs 13% as sales tick up, chairman Verbiest signals exit
By Paul McBeth

Aug. 18 (BusinessDesk) – Spark New Zealand boosted annual profit 13 percent as the country’s biggest telecommunications company eked out small sales growth and continued its focus on stripping out costs, and signalled a changing of the guard with chairman Mark Verbiest planning to stand down in November. Read more »

Spark annual profit climbs 13% as sales tick up

Press Release – BusinessDesk

Spark annual profit climbs 13% as sales tick up, chairman Verbiest signals exit

By Paul McBeth

Aug. 18 (BusinessDesk) – Spark New Zealand boosted annual profit 13 percent as the country’s biggest telecommunications company eked out small sales growth and continued its focus on stripping out costs, and signalled a changing of the guard with chairman Mark Verbiest planning to stand down in November. Read more »

OPPO partners with Noel Leeming

Press Release – OPPO

OPPO partners with Noel Leeming to bring latest camera phones to Kiwis

OPPO announces retail partnership with Noel Leeming Read more »

Spark New Zealand FY17 Results

Press Release – Spark NZ

Spark New Zealand FY17 Results
Ongoing Spark transformation delivering positive financial results in line with targets

• Improved customer experience on back of greater focus on digitisation and simplification Read more »

Evolve Education warns annual profit will dip in 2018

Article – BusinessDesk

Evolve Education warns annual profit will dip in 2018 on weaker occupancy rates

By Paul McBeth

Aug. 17 (BusinessDesk) – Evolve Education, the early childhood education centre operator, has warned annual profit will fall as much as 12 percent in the current year on weaker-than-expected occupancy rates, spurring management to cut costs and bolster its marketing effort. The shares fell. Read more »

NZ consumer confidence ticks up in August

Article – BusinessDesk

NZ consumer confidence ticks up in August

By Rebecca Howard

Aug. 17 (BusinessDesk) – New Zealand consumer confidence rose in August with little sign that a cooling housing market is hurting consumer sentiment. Read more »

Forsite receives Callaghan Innovation funding

Press Release – Forsite

MEDIA RELEASE

August 17, 2017

Forsite receives Callaghan Innovation funding

Preeminent health and safety app expects growth in export revenues Read more »

Big site opposite Sylvia Park for sale

Press Release – Bayleys

Big site opposite Sylvia Park for sale

A 3.2 hectare freehold site opposite the Sylvia Park shopping centre in Mt Wellington, Aucland is up for sale offering multiple future options for the next owner. Read more »

Augusta sells industrial property for $36.8m

Press Release – Bayleys

Augusta sells industrial property for $36.8m

In one of the biggest industrial property transactions of the year, a 4.48ha freehold site at 100 Carbine Road, Mt Wellington with 29,526 sq m of buildings has sold for $36.8 million. Read more »

Ready-mix concrete production stays close to record level

Press Release – Statistics New Zealand

Ready-mix concrete production stays close to record level

17 August 2017

Ready-mix concrete production was more than 1 million cubic metres in the June 2017 quarter, Stats NZ said today. This continued the high levels of the past two years. Read more »

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