NZ govt lifts target speeds for rural broadband in drive to lift ICT investment
By Paul McBeth Oct. 6 (BusinessDesk) - The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a...
Mercer to sell unprofitable medical division for $2mln
By Paul McBeth Oct. 6 (BusinessDesk) - Mercer Group, the stainless steel fabricator and manufacturer, has agreed to sell its unprofitable medical division for $2.03 million, kicking off an asset sale programme signalled in August when the company wrote off $6 million from the...
Sanford appoints Rob McLeod to board, seeks tie-up with Maori fisheries
By Paul McBeth Oct. 6 (BusinessDesk) - Sanford, New Zealand's largest listed fishing group, will add Ernst & Young chairman Rob McLeod to its board next year as it seeks to get closer with Maori fishing firms in a bid to lift the industry's performance against foreign rivals....
Business lobbies, wine growers, meat sector welcome TPP
By Paul McBeth Oct. 6 (BusinessDesk) - Business lobbies, wine growers and the country's meat sector have welcomed the Trans-Pacific Partnership trade and investment agreement, which left Fonterra Cooperative Group cold after prolonged negotiations wrung only small, slow access...
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