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Ecoya posts maiden annual operating profit
May 30 (BusinessDesk) - Scented candle and skincare products company Ecoya said it made a maiden annual operating profit after sales jumped 58 percent. Profit after interest costs but before tax and non-recurring accounting adjustments relating to the Trilogy earnout provisions...

Ageing kiwis, outward migration threat to rural areas, not Auckland, NZIER says
By Paul McBeth May 30 (BusinessDesk) - Rural New Zealand is likely to disproportionately suffer the consequences of the country's ageing population and outward migration through a loss of skilled and innovative labour, according to the NZ Institute of Economic Research. Princip...

NZ residential building issuance slows in April, Auckland demand increases
By Paul McBeth May 30 (BusinessDesk) - The pace of New Zealand residential building issuance slowed last month, even as demand increased for new housing in the country's biggest city, Auckland. Building consents excluding volatile apartment figures climbed 22 percent to 1,092...