Comvita share placement lifts Chinese investor's stake to 9%
By Pattrick Smellie Oct. 21 (BusinessDesk) - Manuka honey and health products company Comvita has placed some 2 million ordinary shares with China Resources Ng Fung, taking the Shenzhen-based Chinese food giant's stake from less than 5 percent to around 9 percent. The move...
RMA reform bill to miss its latest parliamentary deadline
By Pattrick Smellie Oct. 20 (BusinessDesk) - The government's latest attempt to reform the Resource Management Act continues to run into trouble, with the chairman of the select committee conceding today that the Resource Legislation Amendment Bill will miss its third reportba...
Small container ships expected to keep servicing small NZ ports
By Pattrick Smellie Oct. 20 (BusinessDesk) - The abundant global supply of small container ships is likely to mean they will continue to service a range of smaller New Zealand ports "for the foreseeable future", the chairman of Bluff-based Southport, Rex Chapman, told sharehol...
Use new native forests to offset dairy emissions, says PCE
By Pattrick Smellie Oct. 18 (BusinessDesk) - Allowing marginal hill country to revert to permanent native bush and the fast-tracked development of a vaccine to massively reduce methane emissions created by the digestive systems of cows and sheep emerge as two key recommendatio...
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