The Serious Fraud Office has confirmed it’s looking at legislated export marketing monopolist Zespri International, though is being tight-lipped on any further details.… Full Story →
Jeremy Webb, Digital Influence Strategist and Head of Social at Ogilvy Public Relations sought to buck the trend on social media discussion in his address to the China business Summit, giving tips on making a brand – not breaking it.… Full Story →
“China remains our major market in education, but we are not at our peak,” according to Charles Finny, Chairman of Education NZ.… Full Story →
“Think global, but act local,” said Christopher Luxon, of Air NZ, citing the need to have intimate knowledge of individual markets in order to be internationally successful.… Full Story →
In 2012, China became the largest outbound market of any in the world, growing 40% relative to the 2011 period.… Full Story →
“New Zealand brand perception has been created over the past 100 years,” said Marco Marinkovich, CEO of Creative Bank.… Full Story →
First, I would like to congratulate the Auckland Chamber of Commerce, NZ Inc and all the agencies and sponsors for putting this event together.… Full Story →
New Zealand risks an error of historic proportions if opposition to the Trans-Pacific Partnership sees the country left out of a trade deal that will almost certainly encompass China in due course, Trade Minister Tim Groser has told a China Business Summit in Auckland.… Full Story →
Cathy Quinn, Chair of Minter Ellison Rudd Watts, shared her success strategies for Chinese investment transactions in New Zealand at the China Business Summit this morning.… Full Story →
“I think that we are world class in manufacturing and in food safety, but we have to lift our game,” said Theo Spierings, CEO of Fonterra, at today’s China Business Summit, held in Auckland.… Full Story →
- Synlait beats prospectus forecast as full-year profit more than doubles
Synlait Milk, the Canterbury-based dairy processor that went public in July, posted a 161 percent jump in full-year profit, beating its prospectus forecast, although infant formula sales missed its target.
- NZ dollar little changed after upbeat Chinese manufacturing
The New Zealand dollar was little changed in local trading after Chinese manufacturing figures beat expectations, as investors rethink last week’s action when the Federal Reserve didn’t embark on slowing down its pace of printing money.
- While you were sleeping Deals, China, Syria
Better-than-expected Chinese data and takeover deals helped bolster Wall Street, which also welcomed a Russian proposal to put Syria’s chemical weapons under international control in an effort to avert US military intervention.
- PGG Wrightson take $321M charge on goodwill, operating earnings drop on drought
PGG Wrightson, the rural services company controlled by China’s Agria Corp, took a $321 million charge to write off goodwill from its 2005 merger while posting a decline in operating earnings in line with guidance on the effects of this year’s drought.
- China’s Bright Dairy looking better after Fonterra’s food safety stumble, Moody’s says
China’s Bright Food Group, a cornerstone stake in local processor Synlait Milk, is likely to get a boost from Fonterra Cooperative Group’s food scare and might get a credit rating upgrade from Moody’s Investors Service.