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Daily Market Report
for 25/02/2021
Porter Novelli Bolsters Leadership Team With High-profile Corporate Affairs Hire
24 Feb 2021 13:52 Scoop
Porter Novelli, New Zealand’s leading public relations firm, has today announced the appointment of Amber McEwen to the position of Executive Director to support continued growth. Currently corporate affairs director at DB Breweries, Amber will ...  more...
Government Action Needed To Turn Around Wave Of Mill Closures
24 Feb 2021 13:08 Scoop
The closure of Whakatane Mill confirms that New Zealand needs to change its policy setting around Governmental procurement of locally processed wood products and secure the wood supply to our processors if we are to avoid further closures and devastating ...  more...
Prolonged Monetary Stimulus Necessary
24 Feb 2021 14:07 Scoop
The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment remit. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large ...  more...
New Kia Sorento Wins COTY Title In NZ
24 Feb 2021 17:23 Scoop
The award-winning new Kia Sorento. The highly acclaimed new Kia Sorento has been voted the best vehicle in its class in New Zealand by a leading automotive magazine. Launched towards the end of 2020, the Kia Sorento large SUV has been lauded by motoring ...  more...
Genesis Delivers Strong First Half EBITDAF Of $217 Million
25 Feb 2021 09:04 Scoop
    Half Year-ended December 2020   Change year on year   EBITDAF [1]   $217 million   Up $50 million on HY20 of $167 million   Net Profit   $53 million   Up $44 million ...  more...
Ben Turner Joins Westpac NZ As Treasurer
24 Feb 2021 13:45 Scoop
Westpac NZ has appointed experienced banker Ben Turner as its Treasurer. Mr Turner started in the role earlier this month and leads the Westpac NZ Treasury team which is responsible for managing Westpac NZ’s balance sheet, liquidity management and ...  more...
WayBeyond Offers Agriculture Industry An Alternative To Microsoft
24 Feb 2021 17:25 Scoop
New Zealand Tech innovator WayBeyond is taking on Microsoft’s Power BI and Excel products to give growers an alternative solution for integrating all their business data into one digital platform. “Historically the technology to manage your data ...  more...
Startup bootcamp Scale Osaka: Cohort #2 Demo Day
24 Feb 2021 17:13 Scoop
Demo Day, the closing event for the Startupbootcamp Scale Osaka program, offers the nine startups who joined our program the opportunity to showcase their work in Japan. Due to the pandemic, this year’s Scale Osaka program and Demo Day have moved ...  more...
NaturalShrimp Signs Letter Of Intent To Acquire Aquaculture Assets Of Hydrenesis Aquaculture, LLC
24 Feb 2021 16:16 Scoop
NaturalShrimp, Inc. (OTCQB: SHMP), an aquaculture Company, which has developed and patented the first commercially operational Recirculating Aquaculture System (RAS) for shrimp, announced today that it has signed a Letter of Intent (LOI) to acquire ...  more...
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