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May 22, 2012
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Chipper faces giving way to glazed expressions – must be the coffee wearing off on the first day back in the office. This year, plan to do business better. Take a leaf, perhaps, out of Arran Boote’s book. The director of accounting firm William Buck has picked up a
Success Story Award for his work in developing trade relations between New Zealand
and Hong Kong. Boote has spent the past seven years developing his consultancy
services and establishing Hong Kong as a base in developing trade
relations with Asia, and assisted several Australasian
businesses in setting up there. He reckons there’s no better place from which to establish trade relations with China.
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It’s a simple formula, really. Whilst provenance is important to a brand, its operation and vision
must be global, and Kiwi brands should take
heed, writes James Bickford. We can, on occasion, overburden our brands with local clichés – but there are plenty of homegrown companies with incredible international brand potential.
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Speaking of brands, who could forget Vegemite’s iSnack 2.0 debacle? But Kraft is at it again, albeit with a less controversial – and temporary – name change. Vegemite will be temporarily known as Australia in
the run up to Australia Day, and sport an outline of an Australian map on its labels.
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Foreclosures don’t just spell bargains for homebuyers – there are deals to be had in the commercial sector, too. Kiwi cleantech company LanzaTech has acquired a US biofuel plant as part
of a government-approved liquidation. Range Fuels Inc, a
cellulosic ethanol business that was offered $156 million in federal
government backing, sold its only factory to LanzaTech in a deal that
did not include its intellectual property, according to a Bloomberg report.
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Teapot tapes aside, asset sales were the hot button issue this election – but what’s an SOE really worth? Valuations released on the Crown Ownership Monitoring Unit website place Solid Energy at
$1.69 billion (according to Forsyth Barr), Genesis Energy at $1.76
billion and Meridian Energy at $6.53 billion (Macquarie), and Mighty River Power at $3.63 billion (First NZ Capital).
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It’s not all sunshine and roses, doing business. If you’re a business owner, what’s the best way to deal with a deputy psychopath, and is selling out a cop-out? And is being a bastard a prerequisite to success? (Not according to Lance Wiggs).
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Vampire energy (so named as it stealthily sucks power when devices
are plugged in at the wall but turned off) may be a first world problem,
but it’s a very real one. And it’s one that electronics accessories
manufacturer Bracketron is out to fight with its new line of batteries and chargers, set to be unveiled at the International Consumer
Electronics Show in Las Vegas.
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If you based your view of the world on advertising, you’d assume the
only people who ever bought anything were under the age of 40. But why do we insist on depicting 20-year-olds buying expensive cars or wearing Gucci, asks Andrew Lewis, when the truth is
their parents are more likely to be purchasing them?
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File-sharing, the scourge of Hollywood, is now an officially-recognised religion. Sweden sanctioned the Church of Kopimism just before Christmas, giving it legitimate status. For the Church of Kopimism, information is holy and copying is a sacrament.
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