Items filtered by date: Tuesday, 02 December 2014

24 Oct: 0829 | Croptracker is pleased to announce its upcoming partnership with New Zealand-based digital technology company Cucumber Ltd, with offices in Tauranga, Bay of Plenty.

Richina, the Chinese parent company of failed New Zealand construction company Mainzeal, owns assets potentially worth billions of dollars, according to information from the ongoing High Court hearing in Auckland reports Nikki Mandow for Newsroom.

Transmission Gully’s Cannons Creek Bridge is one of the project’s most significant structures. In coming months this huge structure will reach a major milestone when the spans are “launched” across the Cannons Creek Gorge to eventually sit on the bridge piers that are currently being completed.

A new organisation set to launch on 23 October aims to widen the public conversation about the role of Aotearoa New Zealand in the world.

Attracting and keeping the best people working in our primary industries is one of the most significant challenges for the sector, Minister of Agriculture Damien O’Connor said as he announced the finalists in the first Primary Industries Good Employer Awards.

24 Oct: 0823  |New Zealand and Japan are working together to transition away from a reliance on fossil fuels with the signing of a Memorandum of Cooperation on hydrogen, says Energy and Resources Minister Megan Woods.

The Green Party continue to oppose the Trans-Pacific Partnership Agreement (CPTPP) Amendment Bill, which would allow for the ratification of the CPTPP.

24 Oct: 0716 |The Reserve Bank today published a consultation paper proposing changes to the reporting and publishing of breaches by banks.

24 Oct: 1055 | New Zealand’s largest drug developer and manufacturer, Douglas Pharmaceuticals supplies prescription consumer medicines as well as health and beauty products to a number of international markets.

"Research and development is vital in the pharmaceutical industry.”

Fonterra says India remains a massive opportunity for the New Zealand cooperative once it inevitably shifts to being a dairy importer reports Rebecca Howard for Newsroom.

India is currently balanced in terms of supply and demand, said Teh-han Chow, who heads up Fonterra's ingredients business into China and South and East Asia.

“As it continues to grow and production doesn't keep pace there will eventually be a need for dairy imports into India. The question mark is when,” Teh-han told BusinessDesk at the NZX Global Dairy Seminar in Singapore last week. "That's the million dollar question."

India’s spending on consumption will rise to around US$4 trillion by 2025 according to different estimates and its normal year-on-year expenditure growth is already double the global average, he said.

"The numbers are huge. The country is huge. It is quite a large opportunity," he said.

While India doesn't currently need to import dairy, Teh-han said consumers are actively seeking protein, due to religious and dietary restrictions, and “dairy protein is a good alternative". Read More ... >