Page 33 - IB JAN 2019

Business Intelligence - PACIFIC

paper. “As a matter of fact, you should NZX Main Board (NZSX)
appreciate all the work we did in getting
this new lease going. This would be a dry The NZX Main Board (NZSX) is the original equities market and home for New Zealand’s best known brands and companies.

Capitalisation

$134,449,770,976.23

lease as opposed to the wet lease that is Trade Count 0
currently in use.” Trade Volume 0
Instrument Count 163
KOROR, Palau - Palau will host next year’s Code Company Price Change Volume Value Capitalisation
fisheries management meetings of the ABA Abano Healthcare Group Limited $6.50 $0.000 / 0.00% 0 $0.00 $169,540,085
Parties to the Nauru Agreement (PNA). AFI Australian Foundation Investment Company Limited $6.39 $0.000 / 0.00% 0 0 $0.00 $7,617,066,428
$209,212,241
AFT Pharmaceuticals Limited
AFT
$0.00
$0.000 / 0.00%
$2.15
The fisheries ministers from Papua New AIA Auckland International Airport Limited $7.28 $0.000 / 0.00% 0 $0.00 $8,790,941,912
Guinea, Solomon Islands, Palau, Feder- AIR Air New Zealand Limited (NS) $3.20 $0.000 / 0.00% 0 $0.00 $3,587,378,091
ated States of Micronesia, Nauru, Marshall ALF Allied Farmers Limited $0.07 $0.000 / 0.00% 0 $0.00 $10,982,364
$2.66
Islands, Kiribati, Tuvalu and Tokelau hold AMP AMP Limited $26.60 $0.000 / 0.00% 0 0 $0.00 $7,753,844,837
Australia and New Zealand Banking Group Limited
ANZ
$0.00 $76,282,685,937
$0.000 / 0.00%
annual meetings to adopt policies affect- AOR Aorere Resources Limited $0.00 $0.000 / 0.00% 0 $0.00 $1,476,456
ing the multi-billion dollar western and APA Asia Pacific Fund (NS) $1.89 $0.000 / 0.00% 0 $0.00 $101,012,054
central Pacific tuna fishery. The meeting For a complete list of NZ’s equities market, visit www.nzx.com
of the ministers according to PNA CEO
Ludwig Kumoru is scheduled in May.
“The new strategic plan endorsed by the Port Moresby Stock Exchange CURRENCY RATES
Ministers will guide PNA as we take our Equity Listed Companies AUD$ NZ$ USD$ Euro UK Yen
fisheries management programme to the
next level,” said Kumoru. Code Bid Offer Last Fijian $1 0.66 0.7 0.47 0.41 0.36 51.61
BSP 10.26 0 10.26 PNG Kina $1 0.43 0.45 0.31 0.27 0.24 33.68
CCP
1.35
1.4
1.35
Alofi, Niue - An internet expert has poured CGA 0 0 0.12
cold water over Niue’s claim that a Swed- COY 0 0 0.05 Samoa Tala $1 0.53 0.57 0.38 0.34 0.3 41.98
ish company took over its domain name CPL 0 0.65 0.65 Solomons $1 0.17 0.19 0.12 0.11 0.1 13.68
0.3
0
HIG
0
without consent. Last month, Niue filed KAM 0 0.95 0.95 Tonga Pa’anga $1 0.61 0.65 0.44 0.39 0.34 48.28
a lawsuit against the Swedish Internet KPL 0 0 0.7
Foundation in the Stockholm District KSL 2.66 0 2.66 Vanuatu Vatu $100 1.23 1.31 0.88 0.77 0.68 96.35
Court. A lawyer for Niue’s government NCM 50.5 0 50.5 Aud $1 1 1.06 0.72 0.63 0.56 78.51
0.66
0
NGP
0
estimates it has lost around US$20 million NIU 0 0 0.02 NZ $1 0.94 1 0.67 0.59 0.52 73.81
in income since 2013, when the company OSH 17.6 0 17.75
began administering the domain. Niue, SST 0 0 5 US $1 1.4 1.49 1 0.88 0.78 109.67
which has never had control of its country Prices updated as of 2019-01-16. Pacific Franc $100 1.33 1.42 0.95 0.84 0.74 104.47
code Top Level Domain (cc TLD), .nu, is All prices are in PNG Kina (PGK). Market rates from www.xe.com as at January 22nd 2019
seeking to take it back and the lost income.

Wellington, New Zealand - The govern-
ment needs to take action to encourage achievement was increasing the legal gramme, 96% of participants encouraged
people to come forward and report ex- minimum wage. “The legal minimum will their families to save. They also shared
ploitation of migrant workers and how to increase from $4 to $8 per hour next year,” what they had learned from MoneyMinded
protect them, New Zealand Prime Minister he said. In April last year, the ministry with their families and friends. “ANZ will
Jacinda Ardern says. Samoan national had announced a review of the national continue to support financial literacy in the
Viliamu Samu, 64, was charged last month minimum wage rate and to propose an Pacific because we believe that investing
with 18 counts of human trafficking and increase to allow low income earners cope our efforts in this area is important,” said
slavery over a 23-year period in Hawke’s better with the high cost of living. Kamikamica.
Bay. An orchard worker from Camberly,
Hastings who has New Zealand residency, Nuku’alofa, Tonga - ANZ Tonga has an- Apia, Samoa - Samoa Minister for Rev-
Samu appeared in Hastings District Court nounced that its flagship financial literacy enue Tialavea Tionisio Hunt has vowed
following a two-year investigation by INZ programmes, MoneyMinded and Money- not to write-off taxes owed by private
and the police. Complainants said Samu Minded Business Basics, have been recog- companies, which has accumulated to over
closely controlled and monitored their nised by the Tonga National Qualifications $80 million (US$30.7 million). Tialavea
movements, including where they went and Accreditation Board (TNQAB) as com- told Samoa Observer that his Ministry still
and who they contacted and he is believed munity education. ANZ Tonga Country intends to go after debtors and a write-off
to have promised people well-paid jobs. Head, Manoa Kamikamica, said: “We are will not happen under his watch. “So long
pleased to receive this formal recognition as I am Minister for Revenue, the write-off
Honiara, Solomon Islands - The caretaker for the work we do to improve financial will never happen. We will still continue
government has announced an increase in literacy in the community through our to collect outstanding taxes of which has
the country’s legal minimum wage from $4 MoneyMinded and MoneyMinded Busi- been accumulated to more than $80 mil-
per hour to $8 (US$0.49 - US$0.99) per ness Basics programmes. Independent lion from the business community,” he
hour that has come into effect this month. research prepared by the University of said. According to the minister, there was
Outgoing and caretaker Minister of Com- the South Pacific already confirms that disquiet amongst certain members of the
merce, Industry, Labour and Immigration MoneyMinded works and is making an business community over the debt and
William Marau said one of his Ministry’s impact.” After the MoneyMinded pro- there has been a push to write them.
Islands Business, January 2019 33