Hawaiki kicks off five-month, multi-million dollar marine survey
By Paul McBeth Aug. 9 (BusinessDesk) - Hawaiki Submarine Cable, which plans to build a new trans-Pacific high speed internet cable, is mapping out the route for the 14,000 kilometre cable, which is expected to take at least five months and cost millions of dollars. The cab...
Fairfax NZ eyes vertical integration with ISP venture
By Paul McBeth Aug. 9 (BusinessDesk) - Fairfax New Zealand, which is looking to stitch up a merger with rival NZME, is looking to extend its business beyond content provision with a new venture to launch a fibre-only internet service provider. Dubbed Stuff Fibre, the ISP p...
Tourism spurs big July increase in plastic card spending
By Paul McBeth Aug. 9 (BusinessDesk) - Spending on electronic cards rose strongly last month, led by the biggest monthly gain in hospitality expenditure since November as the sector continues to enjoy the benefits of an expanding population and booming tourism numbers. Ret...
Property For Industry lifts first-half earnings 17%
By Paul McBeth Aug. 9 (BusinessDesk) - Property For Industry, the commercial property investor, lifted first-half earnings 17 percent as lower interest rates helped cut costs and lease reviews and new purchases lifted rental income. Distributable earnings excluding managem...
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