By Brierley Penn Potential was the common theme underlying the speech of the Prime Minister, and in fact, the conference as a whole, at the Indonesia Forum. New Zealand’s relationship with Indonesia is one of strength, however, it is imperative to build upon this further to capitalize on the opportunities offered by the region’s growth. Key cited Indonesia’s high growth …

The Supreme Court has upheld the Inland Revenue Department’s bid to keep $127.5 million goods and services tax on the 2003 sale of 170,000 hectares of central North Island forestry. The long-running tax dispute stemmed from KordaMentha’s Michael Stiassny and Grant Graham, as receivers for Forestry Corp and Citic New Zealand, paying the tax bill in 2003 when selling the …

Fonterra will open an office in Delhi  next year and has appointed Hamish Gowans GM to run the Indian operations. It will be the Co-operative’s first operating office in India and the first time Fonterra has employed its own India-based staff. These developments follow Fonterra’s strategy refresh in March. Fonterra President Greater China and India Kelvin Wickham said the opening …