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NZ seeks all-of-government banking proposals in first contract shakeup since 2004

NZ seeks all-of-government banking proposals in first contract shakeup since 2004

June 20 (BusinessDesk) - The New Zealand government is seeking proposals to handle all the state sector’s banking needs, replacing a core transactional services contract held by Westpac Banking Corp since 2004. A discussion paper from the Ministry of Business, Innovation and Em...

20 Jun 2013
NZ regulators to start anti-money laundering monitoring from this month

NZ regulators to start anti-money laundering monitoring from this month

By Tina Morrison June 20 (BusinessDesk) – New Zealand regulators will this month start monitoring financial institutions to stamp out money laundering that could be worth up to $1.5 billion. As part of a new anti-money laundering regulatory regime starting June 30, the Reserve...

20 Jun 2013
Solid Energy leaves Mataura briquette plant operations with GTL Energy

Solid Energy leaves Mataura briquette plant operations with GTL Energy

By Paul McBeth June 20 (BusinessDesk) - Solid Energy is handing over operations at its $29 million lignite briquette production plant in Mataura to GTL Energy as the financially stricken state-owned coal miner looks to exit the investment. The two companies have been in discus...

20 Jun 2013