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PM Edition: Top 10 Business Articles on LiveNews.co.nz for August 12, 2026 – Full Text

PM Edition: Top 10 Business Articles on LiveNews.co.nz for August 12, 2026 – Full Text

PM Edition: Here are the top 10 business articles on LiveNews.co.nz for August 12, 2026 – Full Text

Generated August 12, 2026 06:00 NZST · Included sources: 10

1. DHL Express launches direct Shanghai-Bangkok flight to support growing trade flows across China and Indochina

August 11, 2026

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 11 August 2026 – DHL Express has added a new direct flight between Shanghai and Bangkok, increasing capacity on a trade lane linking China and the rapidly growing economies of Indochina. The new flight route, Shanghai-Bangkok-Bahrain*-Brussels-Shanghai, significantly enhances connectivity among manufacturing, sourcing, and consumption markets across Asia, the Middle East, and Europe.

DHL Express boosts Indochina connectivity with new Shanghai-Bangkok flight

Source: Media Outreach

New DHL daily flight service on Boeing 767 freighter strengthens connections between China, Indochina, the Middle East and Europe

SINGAPORE – Media OutReach Newswire – 11 August 2026 – DHL Express has added a new direct flight between Shanghai and Bangkok, increasing capacity on a trade lane linking China and the rapidly growing economies of Indochina. The new flight route, Shanghai-Bangkok-Bahrain*-Brussels-Shanghai, significantly enhances connectivity among manufacturing, sourcing, and consumption markets across Asia, the Middle East, and Europe.

DHL Express boosts Indochina connectivity with new Shanghai-Bangkok flight

Operated by a DHL Boeing 767 freighter with a maximum payload of 50 tons, the new daily service demonstrates DHL Express’s ongoing investments in network capacity and infrastructure to strengthen connectivity for customers in high-growth markets. Equally, it also reflects DHL’s constant review of evolving trade patterns and swift action to adapt to those changes.

“This route is a direct response to how trade flows in Asia are shifting,” said Peter Bardens, Senior Vice President for Network Operations & Aviation – Asia Pacific, DHL Express. “We’re seeing increasing movement of goods between China and Southeast Asia, alongside continued demand from customers in Europe and the Middle East for products manufactured across the region. This new route boosts our network where customers need it most, providing additional capacity and more direct connections between key production and consumption markets.”

Bangkok serves as a strategic gateway to the Indochina region, while Bahrain and Brussels are key DHL Express hubs. The introduction of the Shanghai-Bangkok route enables DHL Express to efficiently consolidate shipments originating from China and Southeast Asia before connecting them to destinations across Europe and the Middle East.

The direct flight comes at a time when manufacturers and traders in markets such as Thailand, Vietnam, Cambodia and Laos are sourcing more from China. For many customers, those shipments are part of production chains that stretch across multiple countries. As trade links between China and Southeast Asia deepen, DHL Express is improving speed, flexibility and network resilience for customers moving materials, components and finished products across Asia and onward to global markets. Last month, DHL Express also expanded its Shenzhen gateway, located at Shenzhen Bao’an International Airport. The facility can handle 900 tons of cargo daily – approximately three times the original throughput – as it supports booming cross-border trade and e-commerce shipments in China.

At the same time, businesses in Europe and the Middle East continue to trade heavily with their peers in China and Southeast Asia for a wide range of products, from electronics and industrial components to consumer goods. As international business activity remains highly dispersed across global markets rather than concentrating within regions, the new route opens more trading opportunities for businesses while strengthening access for both regions.

As both intra-Asia and global trade flows continue to show resilience, DHL remains focused on investing in its dedicated air network. Another recent example includes the introduction of a new transpacific service by DHL Global Forwarding that connects Southeast Asia and the United States. These expansions seek to better connect businesses to global markets as well as build more agile supply chains.

*Note to editor: Due to the current conflict in Middle East, flights are tentatively diverted to other locations in the Middle East.
https://group.dhl.com/en.html
https://www.linkedin.com/company/dhlexpress/

Hashtag: #DHLExpress #Globaltrade #Indochina

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivaled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With approximately 389,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of approximately 82.9 billion euros in 2025. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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2. Payment delays continue to strain UAE businesses as trade credit expands

August 11, 2026

Source: Media Outreach

https://atradius.ae/
https://in.linkedin.com/company/atradiusasia

Hashtag: #Atradius #CreditInsurance #B2BPayment #CreditRisk #NonPayment #BadDebt

Source: Media Outreach

DUBAI, UAE – Media OutReach Newswire – 11 August 2026 – Trade credit remains essential for driving growth and strengthening customer relationships in the UAE. However, the latest Atradius Payment Practices Barometer reveals that persistent payment delays and rising default concerns are putting increasing pressure on liquidity and cash flow management.
UAE businesses are leaning more heavily on trade credit to stay competitive. Nearly half of respondents report extending more credit in recent months, with credit sales now making up an average of 47% of B2B transactions. While greater payment flexibility supports sales and relationships, it also heightens payment risk.
Payment performance remains challenging. Around two in five B2B invoices are paid late, and substantially more businesses report a deterioration in payment behaviour than an improvement. Industrial and construction sectors are the most affected, due to the longer and more complex payment cycles typical of these industries.
Customer cash flow constraints are the leading cause of delays (49%), followed by banking processes, internal approvals, and goods or services not being delivered as agreed. As a result, 47% of companies face higher financing needs, 46% report reduced liquidity headroom, and 38% struggle with cash flow planning. Concerns are also growing that overdue receivables will turn into bad debt.
Looking ahead, customer default risk remains a major concern. Nearly half (46%) of respondents expect default risk to rise further, while 39% anticipate it will stay elevated. This cautious outlook highlights the need for continued vigilance.
“Trade credit continues to play a vital role in supporting business growth across the UAE, but companies are having to balance expanding trade opportunities with a more challenging payment environment,” said Roeland Punt, CEO of Atradius Middle East. “Payment delays remain widespread and concerns about customer default are increasing, placing greater pressure on liquidity and cash flow planning. As a result, many businesses are strengthening their approach to credit risk management, combining closer customer monitoring with measures that help safeguard cash flow and support resilience.”
To address these pressures, companies are stepping up credit controls and increasing their use of risk mitigation tools. This includes more rigorous customer assessments, close monitoring of payment behaviour, stronger collections processes, and the use of credit insurance. Credit insurance is particularly common among larger industrial businesses.
Businesses are also mindful of broader macroeconomic risks. Slower economic growth, inflation, cost pressures, and rising interest rates are expected to continue influencing B2B payment behaviour. Despite these headwinds, profitability expectations remain resilient, with a strong majority of businesses reporting rising profit margins even amid ongoing payment risks and elevated credit pressures.
Atradius conducted the annual survey during the second half of Q2 2026. Results should be interpreted with this timing in mind, as market conditions may have evolved. Responses were gathered from businesses across the UAE across the industrial, construction, trade, and services sectors.

https://atradius.ae/
https://in.linkedin.com/company/atradiusasia

Hashtag: #Atradius #CreditInsurance #B2BPayment #CreditRisk #NonPayment #BadDebt

About Atradius

Atradius is a global provider of credit insurance, surety, collections and information services, with a strategic presence in over 50 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of GCO, one of the leading companies in the Spanish insurance sector and one of the largest credit insurers in the world. You can find more information online at https://group.atradius.com

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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3. Merck Expands Biosafety Testing Laboratory in Singapore to Strengthen Services Across Asia Pacific

August 11, 2026

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 11 August 2026 – Merck, a leading science and technology company, is expanding its Singapore lab to further strengthen analytical and biosafety testing services for customers across the Asia Pacific region. Biosafety testing is a critical step in the drug development and manufacturing process, helping to ensure that biologics are safe, effective, and compliant with regulatory requirements.

The expansion builds on Merck’s global testing expertise of more than 75 years and marks a significant milestone in providing an advanced, local contract testing services portfolio for the region’s growing biopharma industry.

Source: Media Outreach

  • Expansion adds first BioReliance® Cell Line Characterization and GMP Next-GenerationSequencingin Asia Pacific
  • Enhanced testing capabilities to deliver speed, sensitivity, and sustainability for biopharma customers in the region
  • Supports industry shift to molecular methods and animal-free testing

SINGAPORE – Media OutReach Newswire – 11 August 2026 – Merck, a leading science and technology company, is expanding its Singapore lab to further strengthen analytical and biosafety testing services for customers across the Asia Pacific region. Biosafety testing is a critical step in the drug development and manufacturing process, helping to ensure that biologics are safe, effective, and compliant with regulatory requirements.

The expansion builds on Merck’s global testing expertise of more than 75 years and marks a significant milestone in providing an advanced, local contract testing services portfolio for the region’s growing biopharma industry.

“Localizing these BioReliance® testing capabilities means our Asia Pacific biopharma customers can accelerate their development timelines, improve operational efficiency, and meet evolving regulatory and sustainability standards” said Paolo Carli, Head of Advanced Solutions for the Life Science business of Merck. “This investment underscores Merck’s commitment to empowering medicine makers by providing industry-leading analytical and biosafety testing services and technical expertise.”

Merck’s Singapore laboratory will become the first BioReliance® facility in Asia-Pacific to offer both Cell Line Characterization services and GMP next-generation sequencing (NGS) capabilities. It will also offer advanced molecular methods including Blazar®, a proprietary platform for rapid virus detection.

The expanded facility aims to support the industry’s move towards state-of-the-art quality control testing of biologics and 3Rs (Replacement, Reduction, and Refinement of animal use) through advanced molecular methods.

“Merck’s expansion of the BioReliance® lab will bring world-class and next-generation testing services to biopharmaceutical companies in Singapore and the region. We look forward to continuing our partnership with Merck to strengthen Singapore’s ecosystem, build new capabilities within our local workforce, and enable the delivery of innovative therapies to patients,” said Goh Wan Yee, Senior Vice President and Head of Healthcare, Singapore Economic Development Board.

The Singapore BioReliance® lab was opened in 2018, and the expansion will bring the total lab area to over 1,000 square meters. This expansion is also a key step in Merck’s broader strategy to support the region’s dynamic life science ecosystem and drive scientific progress.

Hashtag: #Merck #BioReliance #biosafety

About Merck

Merck, a leading science and technology company, operates across life science, healthcare and electronics. More than 62,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2025, Merck generated sales of € 21.1 billion in 65 countries.

Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.

All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

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4. Health and Employment – Public ownership cheaper and better for workers and services: new report finds

August 11, 2026

Source: Association of Salaried Medical Specialists

Public ownership is both cheaper and better for workers and essential services, a new report released today has found.
 How public ownership saves money, protects workers and delivers better services ” chronicles the experiences of privatisation across multiple decades and sectors, both in Aotearoa and overseas.
Released by the new coalition – Public Futures Aotearoa – the report also features case studies looking in detail at the banking, electricity and rail sectors.
“With political parties proposing to sell off, lease or outsource our assets and public services for corporate gain this election, it’s important to take stock of the impact past privatisations have had on New Zealand,” Public Futures Aotearoa spokesperson Edward Miller says.
“Privatised sectors like electricity and banking are at the heart of today’s cost of living crisis, with private shareholders enjoying windfall dividends while working-class communities struggle to make ends meet.”
Privatisation policies have continued under the Coalition Government, and both the Act and National parties have signalled their intentions to accelerate these plans as part of their election pitches, Miller says.
“Kāinga Ora is selling land and houses, private consortia have been given billions to develop and operate highways and prisons, and hundreds of millions in elective surgeries have been outsourced to private hospitals. KiwiBank has been told to prepare for partial privatisation and plans are afoot to replace our world-class public meat inspection service with company inspectors. “In each case here, the public faces rising costs, threats to wages and conditions, and impacts on service delivery. These unpopular policies often progress because it feels like there’s no alternative, but that’s simply not the case,” Miller says.
Tōpūtanga Tapuhi Kaitiaki o Aotearoa the New Zealand Nurses Organisation Kaiwhakahaere Kerri Nuku says privatisation siphons public money away from universal public services.
“In health we are seeing public resources and funding being shifted to private hospitals to carry out routine elective procedures, leaving aging public health care facilities overcrowded and understaffed”, Kerri Nuku says.
The report concludes by setting out a model of public ownership for Aotearoa in the twenty-first century which honours Te Tiriti o Waitangi, involves the public, and upholds environmental standards, transparency and excellence in delivery.
Notes:
Public Futures Aotearoa is a coalition of unions, community groups and researchers committed to documenting the costs and risks of privatisation.
The coalition supports groups trying to keep assets and services under public ownership and control. It will be carrying out training, research, analysis and advocacy in the lead-up to the 2026 Election and beyond.

MIL OSI

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5. Consultation on a prudential levy opens

August 11, 2026

Source: Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has today released a consultation document on the introduction of a prudential levy. This consultation is being undertaken on behalf of the Minister of Finance. This initiative was announced as part of the Government’s Budget 2026.

Original source: https://nz.mil-osi.com/2026/08/11/consultation-on-a-prudential-levy-opens/

Source: Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has today released a consultation document on the introduction of a prudential levy. This consultation is being undertaken on behalf of the Minister of Finance. This initiative was announced as part of the Government’s Budget 2026.

Original source: https://nz.mil-osi.com/2026/08/11/consultation-on-a-prudential-levy-opens/

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6. Continues to Deepen “One Core and Two Wings” Strategy Focuses on Strengthening Core Competitiveness

August 11, 2026

Source: Media Outreach

– 11 August 2026 – The world’s largest telecommunications infrastructure service provider

(“China Tower”, or the “Company”) (Stock Code: 0788.HK) is pleased to announce its interim results for the six months ended 30 June 2026.

Source: Media Outreach

– 11 August 2026 – The world’s largest telecommunications infrastructure service provider

(“China Tower”, or the “Company”) (Stock Code: 0788.HK) is pleased to announce its interim results for the six months ended 30 June 2026.

In the first half of 2026, the Company’s operating revenue reached RMB 48,693 million, a decrease of 1.8% year-on-year. EBITDA amounted to RMB 30,252 million, a decrease of 11.6% year-on-year, with an EBITDA margin[2] of 62.1%. Profit attributable to the owners of the Company reached RMB 7,489 million, an increase of 30.1% year-on-year, with a net profit margin of 15.4%.

Net cash generated from operating activities amounted to RMB 7,135 million. Capital expenditure stood at RMB 11,650 million. As at 30 June 2026, our total assets amounted to RMB 351,237 million, with interest-bearing liabilities of RMB 101,392 million and a gearing ratio[3] of 31.5%, representing an increase of 3.8 percentage points from the end of 2025.

The Company attaches great importance to shareholder returns. After considering our profitability, cash flow and capital requirements for future development, the board of directors of the Company has resolved to distribute an interim dividend of RMB 0.19122 per share (pre-tax).[4] We will work towards realizing steady growth in annual dividend payment per share and continue creating greater value for shareholders.

Enhanced resource sharing consolidated the TSP business foundation

The Company further deployed the Dual-Gigabit network joint-entry implementation and made significant progress in implementing special projects such as upgrading signal strength and extending broadband coverage to all border areas, forests and grasslands. We focused on enhancing resource sharing and coordination of network resources in order to fully satisfy our customers’ diverse, high-quality network construction needs, and support the expansion of 5G network penetration and coverage. In the first half of 2026, our TSP business recorded revenue of RMB 40,357 million, a decrease of 5.0% year-on-year.

Tower business. We deepened the implementation of our embedded service mechanism, aligning with TSPs’ network construction planning and comprehensively addressing their demands for network standards/frequency bands. We strengthened the innovative application of regionalized products and comprehensive solutions to fully meet customers’ differentiated needs. Leveraging our extensive site resource data, we proactively conducted coverage analysis to enhance network optimization capabilities, helping TSPs achieve precise planning and precise construction. Focusing on customers’ most pressing concerns, we leveraged the Company’s resource coordination advantages and carried out special initiatives to tackle difficult sites, enhancing construction and delivery efficiency. We fully implemented the integrated coordination of “resources + demand”, actively engaging with network coverage needs in key industries such as culture and tourism, education, and transportation. Adhering to a customer-oriented philosophy, we continued to optimize end-to-end business processes and management standards to serve customers’ network coverage construction efficiently. Impacted by customers’ optimization and adjustment of network deployment, simplified base station upgrades, and the continued development of the unified 4G network by China Telecom and China Unicom, our Tower business revenue in the first half of 2026 reached RMB 35,263 million, a decrease of 6.7% year-on-year. As of 30 June 2026, the Company managed a total of 2.172 million tower sites, an increase of 23,000 sites compared to the end of 2025. TSP tenants reached 3.565 million, a decrease of 2,000 compared to the end of 2025. Our TSP tenancy ratio was 1.69.

DAS business. We continued to focus on high-value and livelihood-critical scenarios, strengthening resource coordination, joint construction and shared development. In support of the implementation of the Technical Standard for Engineering of Mobile Communication Infrastructure in Buildings, we accelerated engagement with newly constructed building projects and coordinated the synchronized planning and construction of supporting telecommunications facilities, achieving early resource deployment and efficient rollout. We continued to enhance product and service competitiveness, and steadily advanced iterative 5G network upgrades on high-speed railways, upgraded signal strength to tackle coverage in elevators and underground parking lots and deployed shared repeaters at scale in everyday scenarios such as tunnels and residential communities, helping TSPs achieve efficient, intensive and low-cost expansion of indoor and outdoor network coverage. In the first half of 2026, our DAS business revenue reached RMB 5,094 million, an increase of 9.2% year-on-year. As of 30 June 2026, we had covered buildings with a cumulative area of 16.17 billion square meters, while the coverage in railway tunnels and subways reached a cumulative length of 36,111 kilometers.

Consolidated advantages to drive rapid growth of Two Wings business

The Company continued to strengthen product innovation and optimized business planning to improve core competencies and drive the continued rapid growth of our Two Wings business. In the first half of 2026, revenues from our Two Wings business reached RMB 7,923 million, accounting for 16.3% of our overall operating revenue and representing an increase of 2.3 percentage points over the same period last year.

Smart Tower business. Focusing on spatial digital intelligence governance, we continued to deepen our presence in key sectors and key scenarios. More than 260,000 “digital towers” now serve over 10 industries, including land and resources, emergency response, water conservancy, and environmental protection, with our market share steadily improving in key areas such as straw burning prohibition, farmland protection, and disaster alert. We deepened resource sharing on the distributed platform and optimized algorithm iteration for mid-to-high points. We continued to implement the “AI+” special project, deepening the application of large models for spatial digital intelligence governance and promoting the innovative upgrading of industry application scenarios. We actively positioned ourselves in emerging fields such as the low-altitude economy, accelerating the R&D of related products. We continued to uphold a customer-oriented philosophy, improved our high-standard service system and the development of local technical support teams, strengthened full-process support for product iteration and development, project construction and delivery, and operation and maintenance, and continuously enhanced customer satisfaction. In the first half of 2026, our Smart Tower business achieved revenue of RMB 5,332 million, a year-on-year increase of 12.8%. Of which, RMB 3,200 million was generated from Tower Monitoring business, accounting for 60.0% of our Smart Tower business.

Energy business. We focused on developing key business segments including battery exchange and power backup. By leveraging our core strengths in product, service, and platform, we continued to refine the quality of our operations and solidify our competitive advantages in the market. For the battery exchange business, we strengthened our presence in the consumer express delivery and food delivery sectors and strengthened the refined operation of our user base, reinforcing customer retention with high-quality service. As of 30 June 2026, we had approximately 1.493 million battery exchange users, an increase of 16,000 from the end of 2025, further maintaining our leading position in the market. We accelerated the deployment of our community charging infrastructure network for low-speed electric vehicles, enabling service upgrades and continuously expanding our service coverage and user base. For the power backup business, we focused on key industry sectors, analyzed customers’ core needs, strengthened platform and service capability development, stepped up the promotion of comprehensive industry solutions, and continued to enhance the influence of the China Tower “energy butler” brand. In the first half of 2026, our Energy business achieved revenue of RMB 2,591 million, a year-on-year increase of 17.3%. Of which, the battery exchange business accounted for RMB 1,595 million, up by 20.6% year-on-year, contributing 61.6% of the Energy business revenue.

Innovation-driven development with steadily enhanced technological capabilities

Focused on the “One Core and Two Wings” strategy, the Company concentrated its resources on solving technological challenges, accelerating the commercialization of research achievements, and fostering the development of new quality productive forces. In the first half of the year, our R&D investment and R&D team size increased by 23% and 22%, respectively, while patent applications and patent authorizations grew by 15% and 132%, respectively, compared to the same period last year. One technological achievement received the second prize of the State Science and Technology Progress Award, and we led the initiation of two additional international standards. A series of innovative products achieved large-scale commercial application, including new 5G leaky cables, the Tower Monitoring platform, video AI algorithms for mid-to-high points, and the integrated energy service platform. The cumulative number of technological achievements and the number of achievements deployed at scale increased by 43% and 57%, respectively, from the end of 2025. The spatial governance data set of our Tower Monitoring network was recognized as an outstanding achievement among the high-quality industry data sets of central state-owned enterprises, while our digital intelligence IoT integrated governance scenario was included among the strategic high-value AI scenarios for central state-owned enterprises. Our technology innovation system continued to improve, with the high-quality development of our six technological innovation centers. We joined the innovation consortia and technology commercialization consortia of central enterprises for fields including the low-altitude economy, robotics, and quantum technology.

Mr. Zhang Zhiyong, Chairman of China Tower said, “In the first half of 2026, we actively seized the opportunities brought about by the national strategies of ‘Cyberpower’, ‘Digital China’, and ‘Dual Carbon’ goals. Looking ahead, we will remain anchored in the ‘One Core and Two Wings’ strategic positioning, focusing on strengthening our core capabilities and competitiveness, further deepening resource sharing, and improving operating efficiency, to create greater value for shareholders, customers, and society.”


[1] EBITDA is calculated by operating profit plus depreciation and amortization.
[2] EBITDA margin is calculated by dividing EBITDA by operating revenue, and multiplying the resulting value by 100%.
[3] Gearing ratio is calculated as net debt (Interest-bearing liabilities minus the amount of cash and cash equivalents) divided by the sum of total equity and net debt, then multiplied by 100%.
[4] The Company’s share consolidation and capital reduction took effect on 20 February 2025. The Company’s total issued share capital was reduced from 176,008,471,024 shares to 17,600,847,102 shares. Taking into account the aforementioned change in total issued share capital, the growth rate is calculated based on the total amount of dividends.

– Published and distributed with permission of Media-Outreach.com.

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7. Universities – New approach needed to rein in Big Tech – professor

August 11, 2026

Source: Waipapa Taumata Rau, University of Auckland

TUESDAY, AUGUST 11, 2026

Understanding how Big Tech became so powerful starts with understanding corporations themselves, says Professor Susan Watson in a new paper.

Source: Waipapa Taumata Rau, University of Auckland

TUESDAY, AUGUST 11, 2026

Understanding how Big Tech became so powerful starts with understanding corporations themselves, says Professor Susan Watson in a new paper.

When it comes to the unchecked growth and dominance of corporate titans, we’ve failed to learn the lessons of history, argues University of Auckland Professor Susan Watson in an article examining how Big Tech companies have accumulated power increasingly akin to that of governments.

In her paper Reining in Big Tech Corporations: Why Platform Governance Requires Structural Regulation<https://papers.ssrn.com/sol3/papers.cfm?abstract_id=6850220>, the Auckland Law and Business School academic says companies such as Amazon, Meta and Google no longer compete within markets. Instead, they own essential digital infrastructure, control platforms on which people and businesses depend, and set many of the rules for operating within them.

Corporations, says Watson, are often misunderstood as essentially private businesses, when in fact they are legal entities created and empowered by States. She says that misunderstanding has helped obscure the source of Big Tech’s power and contributed to the failure to adequately rein it in.

She argues the process of incorporation creates what the law treats as an artificial legal person, with its own legal status and powers. When a business is incorporated, it can own property, enter contracts, make its own internal rules and continue to exist even as the people behind it change. It can also hold onto invested money and use it to generate more wealth over time.

“Capitalism is both one of humanity’s greatest inventions, the greatest source of prosperity the world has ever seen, and a menace on the verge of destroying our planet and destabilising society,” she says. “Big Tech corporations are the latest and most potent manifestation.”

The paper, which will form part of a Cambridge University Press collection edited by Professor Alexandra Andhov, draws parallels with earlier periods when a few businesses became extraordinarily powerful.

The English East India Company was granted powers normally associated with governments, including the ability to make laws in territories where it held monopoly trading rights and, later, the right to collect taxes in India.

In the late 19th-century United States, corporations came to control key infrastructure such as railways and oil and, by 1890, three-quarters of the country’s wealth. That growth was eventually reined in through the 1890 Sherman Act, the first US competition law, and corporations controlling key infrastructure were broken up by the State.

Watson argues today’s tech titans represent a new version of this concentration of corporate power, but on digital rather than physical territory.

Their influence can also extend to governments: they lobby against laws that could restrict their activities and increasingly position governments as customers or partners for their technology.
Her paper proposes several possible approaches. Banning surveillance-based business models, limiting Big Tech companies’ claims over data, and requiring major platforms to be licensed, with conditions attached to their continued operation.

Another possibility is giving people affected by these companies a greater say in how they are governed. Watson points to New Zealand’s Whanganui River, which was given legal personhood as part of a system allowing different groups to share responsibility for its governance. She suggests a similar idea could be applied to major technology platforms, with governance rights given to people affected by them and public regulators and the State providing oversight.

Watson says the people who interact closely with these companies, particularly their employees and users, could reasonably expect their interests to be considered.

“Corporations have been likened to Frankenstein’s monster. They are artificial persons created by man. Just as we make them, we can unmake them, or reform and re-form them in a way that serves us all rather than just the gilded few.”

Watson will continue the conversation about Big Tech’s power at a New Zealand Centre for Leadership and Governance panel discussion on Wednesday 12 August 2026, alongside Honorary Associate Professor Jonathan Hardman and tech researcher Matt Bartlett.

The panel will explore how Big Tech accumulated its power, what today’s laws get right and wrong in responding to it, and what a fairer digital future could look like for regulators and everyday users.

MIL OSI

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8. Premium Clean Outdoor Services Brand for Auckland

August 11, 2026

Source: Press Release Service

Headline: Premium Clean Outdoor Services Brand for Auckland

Premium Clean Outdoor brings lawn, garden and exterior property maintenance together under one trusted provider, with a long-term roadmap to become an all-in-one outdoor services platform.

Source: Press Release Service

Headline: Premium Clean Outdoor Services Brand for Auckland

Premium Clean Outdoor brings lawn, garden and exterior property maintenance together under one trusted provider, with a long-term roadmap to become an all-in-one outdoor services platform.

The post Premium Clean Outdoor Services Brand for Auckland first appeared on PR.co.nz.

Original source: https://nz.mil-osi.com/2026/08/11/premium-clean-outdoor-services-brand-for-auckland/

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9. First Northwest Busway station opens

August 11, 2026

Source: New Zealand Government

The first station completed as part of the Northwest Busway project – Westgate Station – has been delivered on time and under budget, bringing northwest Aucklanders a step closer to better, faster and more reliable public transport choices, Transport Minister Chris Bishop says. 

The official opening of Westgate Station marks the first visible milestone in the broader Northwest Busway project, which will provide a dedicated rapid transit connection between Brigham Creek and Auckland city centre.

Source: New Zealand Government

The first station completed as part of the Northwest Busway project – Westgate Station – has been delivered on time and under budget, bringing northwest Aucklanders a step closer to better, faster and more reliable public transport choices, Transport Minister Chris Bishop says. 

The official opening of Westgate Station marks the first visible milestone in the broader Northwest Busway project, which will provide a dedicated rapid transit connection between Brigham Creek and Auckland city centre.

“Westgate is one of Auckland’s fastest-growing urban areas, with significant residential and commercial development underway. By 2051, roughly 100,000 more people are expected to call the northwest home,” Mr Bishop says.

“As communities grow, our transport networks need to grow with them. Investing in modern and reliable transport infrastructure, like the Northwest Busway, is part of how the National-led Government is fixing the basics and building the future.

“Westgate Station provides a high-quality public transport hub today and lays the foundation for a future rapid transit system that will connect people with jobs, education, and opportunities across Auckland, while freeing up space on State Highway 16 for freight and those who need to drive.

“Replacing temporary bus stops at Kedgley Road, the station will make it easier to transfer between local buses and express services to and from the city centre, improving the customer experience and supporting growth.

“Westgate Station is expected to serve approximately 1,000 passenger journeys per day at opening, with usage forecast to grow to more than 13,000 passenger journeys per day by 2041.

“Originally funded at $50 million, Westgate Station has been delivered on schedule and under budget. Around $19 million in forecast savings from the project will be redirected to help fund the Brigham Creek Station and park and ride, along with improvements for the Newton Road on and off ramps on the existing WX1 corridor along SH16.

“This is a great example of delivering infrastructure efficiently, ensuring taxpayers receive maximum value from every dollar invested. By completing the work under budget, we can accelerate further public transport improvements for Aucklanders.

“Westgate Station has also been designed to build on the success of Auckland Transport’s Western Express (WX1) service, which has experienced high demand since its introduction – growing faster than the Northern Busway at launch.

“Since launching in November 2023, the WX1 service has gone from strength to strength, growing to more than 800,000 passenger trips in its first year of operation. It has exceeded forecasts by around 40 per cent, with over 1.1 million passenger trips recorded in the 12 months to May 2026.

“I would like to acknowledge the work of the NZ Transport Agency (NZTA), its delivery partners, and National Infrastructure Funding and Financing (NIFFCo), whose strong project delivery and financial management have achieved these savings while successfully delivering this important piece of infrastructure.”

NZTA is continuing to progress the wider Northwest Busway. Applications for statutory approvals were lodged under the Fast-track Approvals Act in December 2025, with a decision from the expert panel expected in coming months. Enabling works are expected to begin for Brigham Creek Station in early 2027, with construction completed in early 2029.

“Our Government has been clear and unapologetic about the priorities for public transport investment through the Government Policy Statement on land transport and the recently released Major Transport Projects Pipeline,” Mr Bishop says.

“Today is an exciting step in the staged delivery of the wider Northwest Busway project and demonstrates our commitment to investing in practical and value for money infrastructure that delivers better transport choices.

“Once fully completed, the Northwest Busway will be a transformational piece of infrastructure for northwest Auckland, with the ability to move up to 9,000 passengers per hour in each direction, the equivalent of four motorway lanes.

“It will also provide a reliable 25-minute journey time from Brigham Creek to Auckland city centre, supporting Auckland’s continued growth and economic productivity for decades to come, and I look forward to further stages being delivered in the years ahead.”

Auckland Mayor Wayne Brown says the new bus station will reap benefits for the North-West.

“I’ve been a strong supporter of the Northwest busway as it provides people who live in the North-West faster, regular services and a strong alternative to the heavily congested North-Western motorway.

“There is clearly a demand for public transport in the North-West, given the success of the Western Express bus service launched using low-cost improvements, which aligns to my focus of getting things done better, cheaper, faster, to get Auckland moving.

“I’m pleased to see the bus station has been designed using standardised components with a better, cheaper, faster view of the costs and I’m assured this is not another cathedral.

“The people out in the North-West deserve a busway free of traffic, serviced by high quality stations, and this provides a genuine rapid transit option that will make it easier for people to get to their destinations.

“I appreciate the government and council only have limited pots of money, so we need to prioritise the right projects to ensure we maximise the benefits for the city.”

Westgate Station is expected to open to passengers on Sunday 16 August, following final operational readiness activities led by Auckland Transport. 

Notes to editor:

  • The Westgate Station project received $50m from National Infrastructure Funding and Finance (formerly infrastructure Reference Group fund) to enable advance delivery of the local portion of Westgate station.
  • Throughout delivery, the team actively identified efficiencies, challenged costs, and optimised design and construction approaches where appropriate, without compromising safety, customer outcomes or long-term performance. Competitive procurement and careful contract management also contributed to achieving savings.
  • The station has been designed with weather-protected waiting areas, real-time passenger information, ticketing facilities, public toilets, improved walking and cycling access and safety features including lighting, CCTV and emergency help points.
  • The wider Northwest Busway includes a park and ride station at Brigham Creek and stations at Westgate, Royal Road, Lincoln Road, Te Atatū, Point Chevalier and Western Springs. You can find more information here: https://www.nzta.govt.nz/projects/northwest-busway-te-ara-hauauru

Original source: https://nz.mil-osi.com/2026/08/11/first-northwest-busway-station-opens/

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10. Employment Issues – Payouts on the way for Uber drivers as deal reached

August 11, 2026

Source: Workers First Union

Workers First Union and Uber have reached agreement in good faith in relation to the 1,600+ driver claims raised over the past six years, including those of the four drivers who took the company all the way to the Supreme Court and won.
The deal establishes a framework for Uber to start making individual financial offers to these drivers. Once a driver accepts their offer, it would settle their claims on a full and final basis. Offers must be kept confidential – a standard feature of offers of settlement.
“We’re very pleased to announce that after months of deliberation, we have reached an agreement with Uber on a process to settle claims from over 1,600 drivers,” said Anita Rosentreter, Workers First Deputy Secretary.
The union is currently working with Uber to finalise the process for administering the settlement offers to drivers. Drivers have been notified and will receive more detail from the union and the company in due course.
“We believe that these financial offers are the best outcome that could be achieved under the circumstances,” said Ms Rosentreter. “The alternative is litigation, which is uncertain, risky, and would take substantial time and cost. It brings finality and closure to historic matters.”
The landmark judgment delivered by the Supreme Court in November 2025 rejected the appeal of global rideshare company, Uber, of a 2022 Employment Court and 2024 Court of Appeal judgment. That judgement found that four current and ex-Uber drivers had been misclassified and denied employment rights such as a minimum wage, holiday pay, and the right to bargain collectively for better pay and conditions. In light of the decisions of the courts, Workers First Union filed claims on behalf of over 1,600 drivers against Uber in the Employment Relations Authority.
Recent law reform to section 6 of the Employment Relations Act 2000, passed by the National-NZ First-ACT Government now limits Uber drivers’ ability to challenge their status. Minister Brooke van Velden’s Employment Relations Amendment Bill included changes to the law that appeared to mimic those sought by Uber during their lobbying over the legislation.
“Drivers strongly urged the union to get the best possible offer from Uber on the table – which is what we’ve done,” said Ms Rosentreter.
“This is a hugely important milestone for drivers who have been involved in legal proceedings against Uber for over five years.”
Mea’ole Keil, one of the original four drivers who took on Uber through the court system, said he was pleased with the outcome.
“I’m so proud that we’re finally here. There is a sense of closure, but also a lot of promise for the future,” said Mr Keil.
Steve Fairley, an Uber driver and claimant based in Wellington who has played a key role in supporting Workers First Uber members, said he was grateful to the original four drivers who took the case.
“It’s incredible to see so many drivers organising together for the greater good. We’ve had an unwavering commitment to staying the course and we are now being rewarded for our efforts,” said Mr Fairley.
Workers First Union is committed to continuing to organise Uber drivers and push for the repeal of the changes to section 6 of the Employment Relations Act under a future Government.
“Real change that is fair and lasting will take a change of government in November,” said Ms Rosentreter.
“In the meantime, we’re very pleased to get some money into drivers’ pockets, and it was so important to draw a line in the sand.”
“In New Zealand, there is more and more exploitative ‘gig’ work that erodes workers’ rights.”
“Our current government sided with platform companies over tens of thousands of Kiwi drivers – we must keep fighting.”
Workers First will provide further detail on the deal and a future organising project related to gig work in the near future.

MIL OSI

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