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Kathmandu shares rise to 3 1/2 year high after profit upgrade
By Sophie Boot June 25 (BusinessDesk) - Kathmandu Holdings shares jumped nearly 15 percent after the outdoor equipment retailer said it expects to increase profit this year on higher sales and better margins, with the market picking it could deliver at the top end of today's g...
NZ structural log prices hit 25-year high as local mills compete with export market
By Tina Morrison June 25 (BusinessDesk) - New Zealand structural log prices rose to the highest level for 25 years as local mills compete with the export market to secure supply for the domestic construction market amid strong demand from China. The average price for struct...
NZ to invite proposals on off-site construction factories for KiwiBuild homes, Twyford says
By Margreet Dietz June 25 (BusinessDesk) - New Zealand’s government will invite companies, both domestic and overseas, to express their interest in setting up or expanding off-site manufacturing factories for KiwiBuild homes, a government construction program aimed at alleviat...
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