News in Brief
News in Brief
Blis earnings soar
Probiotic company Blis Technology has been on an international growth curve over the past year, with net profit at $1.6 million for the March year, a 320 percent increase on prior year maiden earnings of $381,000.The performance was driven largely through its online expansion int...
Telecommunications Commissioner named
Former Telecom in-house counsel Tristan Gilbertson has been appointed the new Telecommunications Commissioner. His five-year term starts on June 8 and he replaces Stephen Gale, who oversaw the regulated sector for the past eight years. Gilberston was general counsel at Telecom, n...
Timaru hailstorm costly for insurers
The South Canterbury city of Timaru is now famous for something other than being the birthplace of Phar Lap, although being the home of the second most expensive weather event of the century is not something locals will appreciate.Insurance Council of New Zealand members paid $16...
April marks record trade surplus as imports dive
New Zealand posted a record monthly trade surplus of $1.3 billion after imports tumbled 22 percent to $4 billion in the steepest decline since October 2009.The surplus was in line with expectations. Exports “held up fairly well, through both the initial disruptions in the Chinese...
Prev
