Credit ratings agency Standard & Poor’s has lowered New Zealand’s credit rating in light of continuing letter volume declines, and the group’s shift in focus towards competitive parcels and banking services.
Read MoreNew Zealand Post has said it is now actively looking for an investment partner for its social media platform, Localist.
Read MoreNew Zealand Post has bounced back into profitability thanks to a strong performance from its banking unit, and its recent buy-out of partner DHL from two parcel ventures.
Read MoreNew Zealand parcel and courier company Freightways has achieved record results in its 2012 fiscal year, on the back of volume and price increases, new business and acquisitions.
Read MoreNew Zealand Post has sold its supply chain software business, ECN Group, to an Australian business solutions company.
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