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Synlait enters fresh milk market with Foodstuffs South Island, to invest $125M in new facility
By Jonathan Underhill Dec. 20 (BusinessDesk) - Synlait Milk says it will enter the fresh milk market in early 2019 by partnering with Foodstuffs South Island and will invest about $125 million in a liquid dairy packaging plant. The Dunsandel-based company will become Foodst...
NZ commodity exports rise to a record for a November month as dairy prices lift
By Tina Morrison Dec. 20 (BusinessDesk) - New Zealand's merchandise exports rose to their highest ever level for a November month as the country benefited from rising prices for dairy exports. Goods exports jumped 20 percent to $4.6 billion in November from the period last...
Annual migration unchanged in November, slowing continues, Stats NZ says
By Sophie Boot Dec. 20 (BusinessDesk) - New Zealand annual net migration was unchanged in November from a year earlier, as fewer New Zealanders left while net foreign migration decreased. Annual net migration was at 70,400 in the year to November, the same as November 2016,...
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