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UPDATE: Fliway increases dividend as revenue growth stalls
(Updates and recasts with comments from chairman) By Jonathan Underhill Aug. 23 (BusinessDesk) - Fliway Group declared a final dividend at the top end of its payout range, rewarding shareholders during a period when challenging conditions in international transport markets...
RBNZ's pathway to lower interest rates not too fast, not too slow: Wheeler
By Paul McBeth Aug. 23 (BusinessDesk) - Reserve Bank governor Graeme Wheeler has defended his approach to cutting interest rates, saying New Zealand's interest rate differential is too high to leave things as is, but a more aggressive stance ran the risk of destabilising the f...
Tourism Holdings lifts annual profit 21%
By Sophie Boot Aug. 23 (BusinessDesk) - Tourism Holdings, the campervan rental company, lifted annual profit 21 percent as revenue increased and the company continues to target net profit of $30 million by 2018. Net profit rose to $24.4 million, or 21.4 cents per share, in...
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