Targeted regulations foster Good Governance

Government regulations should be ‘targeted’ towards problem areas rather than enforced as a general policy, BusinessNZ Chief Executive Phil O’Reilly said. “New Zealand has a long history of successful businesses and hence enforcement of policies and regulations that affect all enterprises in all sectors of business would be unnecessary and unfair,” he said. Mr O’Reilly was the Guest Speaker at…

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New Zealanders deserve wider investment choice

Citizens and residents of New Zealand should have more opportunities for investment and our Stock Exchange needs to get bigger and better, one of the most significant advocates of good corporate governance has said. BusinessNZ Chief Executive Phil O’Reilly said that public undertakings are as important as private companies for economic growth. “They are also important for creation of job…

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Fiji hopeful of easing tensions with New Zealand

The Government of Fiji is hopeful of a détente with New Zealand and indications are that the countries will move forward with higher levels of political and economic cooperation, Fiji’s Foreign Affairs and International Cooperation Minister Ratu Inoke Kubuabola said on July 27. He was in Auckland to facilitate businessman Harish Lodhia on his appointment as Honorary Consul of Fiji…

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Competitive advantage benefits retailers

Despite intense competition, retailers in New Zealand have opportunities to achieve higher levels of growth and profitability, two experts have said. According to Raman Ranchhod, Managing Director of the Ranchhod Group of Companies, the retail sector is in the process of recovery from the adverse effects of recession and hence this is the ideal time for businesses to showcase the…

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