A small, positive chapter in New Zealand-Fiji relations

‘Fiji Diwali Night 2018’ brings together people Venkat Raman It was another positive chapter in the long and eventful history of people-to-people relations a more than 100 people gathered at the Hauraki Room of the Grand Mercure Hotel in Auckland City on Friday, November 2, 2018 to mark the Festival of Lights. Guests of Honour New Zealand’s Social Development Minister…

Read More

UAE grants US$ 5 million for three new schools

Supplied Content The strengthened bilateral ties between Fiji and United Arab Emirates has led to the assistance of US$ 5 million which will see the construction of three schools in Navua, Sigatoka and Lautoka. A Cooperation Agreement was signed yesterday (November 8, 2018) at the Ministry of Economy Headquarters to formalise the partnership between the Fijian Government and UAE delegation…

Read More

Report cites weaknesses in banks’ governance

Supplied Content The Financial Markets Authority (FMA) and Reserve Bank of New Zealand (RBNZ) have completed their joint review into the conduct and culture of 11 New Zealand banks. The review is the first of its kind in New Zealand. Significant weakness The regulators identified significant weaknesses in the governance and management of conduct risks. These weaknesses have resulted in…

Read More

New Zealand tops World Bank ranking on business

Supplied Content Recognition that New Zealand continues to have the most business-friendly environment in the world is another real example of the strength of our underlying economic and business fundamentals, Finance Minister Grant Robertson said. New Zealand maintained top spot in the Doing Business 2019 Report released by the World Bank on November 1, 2018. Mr Roberson issued the following…

Read More

Permanent Independent Commission to ensure Justice

Phil Smith (RNZ) The Criminal Cases Review Commission Bill has been sent to the Justice Committee for consideration. This is when Parliament asks the public for feedback and suggestions on a law which would create a new Permanent Independent Commission to investigate potential miscarriages of justices. With the Committee due to ask for ideas, it is worth getting a look-see at what is up for comment. We sat down with Minister of Justice Andrew Little and the…

Read More

Cigna to acquire OnePath Insurance

Supplied Content Cigna New Zealand has announced that final regulatory approval has been granted from the Reserve Bank of New Zealand and the Overseas Investment Office for the acquisition of ANZ’s OnePath Insurance business. Earlier this year, Cigna entered into negotiations with ANZ to purchase OnePath. Once completed, this acquisition will make Cigna New Zealand’s third largest life insurance provider.…

Read More

Chorus speaks out on migrant exploitation

Teuila Fuatai Identification of widespread employment breaches among some Chorus subcontractors has prompted the telecommunications infrastructure company to investigate its own systems. Complicated exercise Rolling out ultra-fast broadband in New Zealand has been complicated. The government enlisted Chorus, which was spun out of the old Telecom, to carry out the bulk of the work. Chorus subcontracted the job to four…

Read More

New Zealand politics suffers celebrity affliction

Kieran Madden Famously elusive about her political leanings, pop sensation Taylor Swift recently went beyond her usual neutral get-out-and-vote message to endorse a Democrat candidate in her home state of Tennessee. This is a big deal, because Swift’s post made a splash with her 112 million Instagram followers, contributing to a huge spike in electoral registrations—over 100,000 new sign-ups by…

Read More