Canterbury Development Corporation - News, Features, and Slideshows

News

• IBM NZ posts profit amid decreased operating revenue

  IBM New Zealand has posted an after-tax profit of $40.32 million for the December 31, 2013 year, up slightly from $39.46 million in 2012. Operating revenue was down $42.83 million at $386.86 million.

• Canterbury Development Corporation eyes international cable

  South Island investors may stump up some funding for a second international fibre-optic cable, if it makes a second national landing near Christchurch.