Indonesia Highlights Forest Governance and Traceability System in Dialogue with Japanese Energy Companies

Source: Media Outreach

JAKARTA, INDONESIA – Media OutReach Newswire – 11 March 2026 – The Ministry of Forestry of the Republic of Indonesia reaffirmed the countrys commitment to sustainable forest governance and transparent supply chains during a meeting with representatives from Tokyo Gas Co., Ltd. and Hanwa Co., Ltd. at the Ministrys office on Wednesday (March 4).

Official Meeting on Sustainable Forestry The Indonesian Ministry of Forestry receives representatives from Tokyo Gas Co., Ltd. and Hanwa Co., Ltd.—key buyers of wood pellets from PT Biomasa Jaya Abadi

The meeting was part of Indonesias ongoing engagement with international partners to strengthen mutual understanding of sustainable forest management and the governance framework underpinning Indonesias forest-based industries, including the emerging biomass sector.

Ade Mukadi, Director of Forest Product Processing and Marketing Development at the Ministry of Forestry, emphasized that Indonesia continues to strengthen its forest governance architecture to ensure that forest utilization is conducted responsibly and in accordance with national regulations and sustainability principles.

Indonesia has established a comprehensive forest governance framework that integrates legality assurance, sustainability standards, and independent verification. We continue to enhance this system to ensure transparency, accountability, and supply chain integrity,” Ade stated.

Official Dialogue with Ministry of Forestry’s Ade Mukadi (second left), Director of Forest Product Processing and Market, and Tony Rianto (second right), Head of the Sub-Directorate, meet with Tokyo Gas and Hanwa representatives

Tokyo Gas and Hanwa are buyers of wood pellets produced by PT Biomasa Jaya Abadi (PT BJA), which operates in Pohuwato Regency, Gorontalo Province. Tony Rianto, Head of the Sub-Directorate for Forest Product Certification and Marketing, explained that Indonesias forest governance system is guided by four key pillars: sustainable forest management that balances ecological, social, and economic functions; transparency and accountability; regulatory compliance; and respect for indigenous peoples and local communities.

Central to this framework is Indonesias Timber Legality and Sustainability Verification System (SVLK), a national assurance system ensuring that forest products originate from legal and sustainably managed sources. The system covers the entire supply chain—from harvesting and transportation to processing and export—and is implemented through independent verification bodies accredited to audit forest operators, industries, and exporters.

Furthermore, Indonesia continues to enhance the system in line with evolving global market expectations, including the development of geolocation-based monitoring at harvesting sites and the digitalization of transport and export documentation.

These measures are designed to strengthen traceability and support compliance with emerging international due diligence requirements, such as the European Union Deforestation Regulation (EUDR).

During the meeting, discussions also covered Indonesias forest utilization planning framework, including the Annual Work Plan (RKT), which regulates harvesting activities under approved long-term forest management plans and incorporates biodiversity safeguards and conservation measures.

The Ministry reaffirmed that forest utilization activities are subject to rigorous regulatory oversight and monitoring mechanisms to ensure compliance with environmental safeguards and sustainable forest management practices.

The meeting followed an earlier discussion between Tokyo Gas and Hanwa and the Pohuwato Regency Government on Monday (March 2). Regent Syaiful A.

Mbuinga confirmed that PT BJA has fulfilled all licensing requirements, operates legally, and contributes to the local economy by employing more than 1,500 workers.

Investment in Pohuwato, including from PT BJA, has contributed to regional economic growth of around 9%, with the local government maintaining strict oversight of investment activities in the region.

Hashtag: #TirtoIndonesia

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

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

LiveNews: https://livenews.co.nz/2026/03/12/indonesia-highlights-forest-governance-and-traceability-system-in-dialogue-with-japanese-energy-companies/

Bora Delivers Highest Operating Cash Flow Margin Since 2020, Enabling 2026 Bolt-On Investments from a Larger, Stronger Platform

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 11 March 2026 – Bora Pharmaceuticals (“Bora”; TWSE: 6472; OTCQX: BORAY) today announced its financial results and operational highlights for full year 2025 and provides 2026 outlook.

FY25 Business and Financial Highlights

  • Company reported full year revenues, with discontinued operations reported separately, of NT$19,014 million, up 9.11% from the prior year and basic EPS of NT$23.90, or NT$2.63 for the fourth quarter. Full year EPS represents a 24.22% year-over-year decline, mostly due to a net loss per share of NT$11.24 from discontinued operations.
  • In the fourth quarter, following the completion of tech transfer of production transitions out of the Plymouth area in Minnesota, the COGS of those originally Plymouth-made inventories have been reconsolidated to COGS line. Hence on a like-for-like basis when compared with other quarters in 2025, fourth quarter gross margin would have been approximately 38-39%. The reported high single-digit percentage sequential decline in gross margin, which also led to softened operational leverage, was primarily attributable to a temporary slowdown in DLS orders from following the entry of a new competitor in Nov. with limited launch visibility during the quarter. Higher effective tax rates during the quarter were a direct result of less sell-through downstream from related party transactions of the internally manufactured generic products. In addition, heightened generics competition of Topiramate ER, a leading generics product of Upsher-Smith, was also a negative gross margin mover.
  • Management believes the 4Q25 OPEX profile more accurately reflects the expanded operating platform and our strategic repositioning into new focus areas. Sales and marketing expenses increased seasonally in line with market share cadence and channel expansion initiatives, while R&D spending sat on the disciplined side. Gross margin expansion serves as the key lever for operating leverage as scale improves fixed-cost absorption.
  • Pharma sales revenue remained volatile in the fourth quarter as legacy inventory phased out and new product approvals remain pending. Generics portfolio competitiveness remains a key focus area in the near term for both top line and gross margin. Nevertheless, led by vigabatrin franchise, Bora’s rare disease portfolio continued to gain impressive market share across dosage forms. The Company aims to actively refill pipelines in 2026 to regain profitable growth.
  • The Group’s CDMO business delivered another strong quarter in both revenues and gross margin. Supported by expanded capacity and the addition of new dosage forms, CDMO revenues grew 53.8% year-over-year in 2025 to NT$10.64 billion, including internal orders. Excluding internal orders, revenues reached NT$7.50 billion, representing a 19.53% increase compared to 2024.
  • As 2025 marked a year of post-merger integration and strategic consolidation, Bora achieved its highest operating cash flow margin in recent years at 34.74% in the fourth quarter, compared with -4.00% in the same period last year. This improvement reflects the transformation of the Bora Group into a more efficient organization operating on a larger and stronger platform. The Board has proposed a NT$10 cash dividend per share, demonstrating confidence in the Group’s strengthened cash generation and commitment to delivering sustainable returns to shareholders, reaching the highest yield rate proposed.
  • Share capital increased 3.18% during the quarter from employee stock option exercise and convertible bond conversions.

Mr. Bobby Sheng, Chairman of Bora Group, stated, “2025 represented a pivotal year for Bora Group. Beyond post-acquisition integration, it was a year of disciplined capital allocation and balance sheet stewardship. Having stepped onto a larger growth platform, we deliberately reassessed optimal cash deployment, portfolio mix of both CDMO and Pharma Sales businesses and forthcoming return metrics under a stable equity structure. One year after closing the 2024 acquisitions, we achieved our highest operating cash flow margin, marking a complete turnaround from the same period last year when the Group first transitioned to its current scale.

The external environment was marked by significant shifts. We operated against a backdrop of renewed U.S. trade and industrial policy shifts, triggering supply chain realignment and foreign exchange fluctuations. At the same time, rapid AI adoption began reshaping manufacturing competitive dynamics, if not capital market funding flow. Concurrently, the Group faced competition in a handful core generic products that remain meaningful contributors to revenue and EBITDA. Discontinued operations aside, based on the reclassified financial statements for 2025 and 2024, EBITDA for continued operations declined 19.0% compared to 2024, but remains 12.5% higher than 2023, underscoring the structurally higher revenues and earnings base established over the past 2 years.

Despite these headwinds, the Group remained profitable and has preserved financial flexibility. Notably, we funded Bora’s largest CDMO CAPEX program in our history and executed the business transformation of Upsher-Smith entirely within existing credit facilities, without incremental equity dilution. While value expansion of this new Bora Group platform took longer than the Company expected, we believe the year demonstrates the resilience of our operating model, disciplined financial management, and our ability to execute strategic investments while maintaining earnings and balance sheet integrity.

We are especially delighted to share the contract renewal with GSK earlier this year. From day one, this partnership was built on mutual trust and a shared commitment to quality. With the latest developments, we are looking at a decade of collaboration with GSK and committing through 2030 speaks to our shared focus on value and reliability. We have also established new partnerships with several high-growth pharmaceuticals over the past few months, further expanding our client base across our North American network. These partners share our belief in an integrated and orchestrated supply chain model, leveraging our multi-site platform to support development, manufacturing, and commercialization needs.

To sum up, the CDMO rolling 12-month external order backlog, after a good quarter of digestion and less working days, arrived at US$264 million. Total external wins in 2025 reached a phenomenal US$482 million, of which 89% were commercial-stage orders and 16 molecules in pre-commercial stage, providing solid visibility into 2026 and beyond especially for Canada and Baltimore sites. At the same time, Bora continues to leverage a unified CDMO network to enhance cost competitiveness for our very own Upsher-Smith generics portfolio.

On the pharma sales side, Upsher-Smith today represents a structurally repositioned platform. Performance has been increasingly driven by lifecycle management, including continued maximization of the infantile spasm franchise, alongside active pipeline replenishment with a heightened focus on differentiated assets, particularly NCEs in rare diseases. Within Generics, we have confirmed 7 launches in 2026, including the recently approved Cyclosporine and an in-licensed product indicated for hyponatremia. We are also observing a more constructive environment for DLS than initially anticipated, with 2026 year-to-date market share maintained. Last but not least, based on our current knowledge of the relevant U.S. patent rulings, if TWi receives approval for Cladribine (gMavenclad), Upsher-Smith, as the exclusive distributor, would be positioned to launch the product in the U.S., subject to customary regulatory and commercial considerations.

Beyond our base expectation of launching more than 10 generic products annually, we have identified revenue and EBITDA accretive, bolt-on investment opportunities to further strengthen this business in 2026. These include progressively expanding our injectable and 505(b)(2) portfolios to enhance differentiation and economics, as well as deepening penetration across proprietary and specialty distribution channels. When we exit this year with a more diversified and better-calibrated product mix, we expect improved earnings resilience and more stable growth trajectory going forward.”

FY25 Operational Achievements & 2026 Outlook

Global CDMO Operations

Global CDMO operations revenue reached record highs for both the quarter and the full year, accounting for approximately 45.78% of reported revenues in the quarter and 39.43% for FY2025. In total, 2.5 billion doses were developed and manufactured. Revenue contribution from the top 20 global pharmaceutical companies declined slightly to 29% from the low-30% range previously, primarily reflecting the addition of several fast-growing pharmaceutical clients to the Company’s portfolio in recent years, with increasing contributions from their successful product launches.

As the Company continues to expand its CDMO capacity and capabilities, including approximately 10% additional aseptic fill/finish capacity and a net ~3% expansion in solid and liquid dosage capacity, Bora Group monitors utilization rate carefully across facilities. While the Company remains confident that investing in U.S. manufacturing capacity is strategically sound, given the importance of the U.S. pharmaceutical market and supply chain resilience, capital allocation must also align with prevailing industry investment cycles. Against this backdrop, a structural supply gap in single-use drug substance (DS) bioreactor capacity, projected to grow at an estimated 8–10% CAGR, reinforces the rationale for continued investment in Tanvex Biopharma (branded as Bora Biologics) as Bora Group expands its CDMO platform. Supported by a more favorable funding environment for early-stage biotech companies in the US, rapidly growing biologics pipeline, increasing FDA approvals, long product lifecycles, and Tanvex’s integrated access to Bora’ Group’s drug product (DP) fill/finish capabilities, the strategic platform presents a compelling long-term value creation opportunity. While this represents a near-term drag on reported earnings, the Company believes these investments are necessary to position Bora Group for long-term participation in the CDMO market that values quality and OTIF (On Time, In Full) delivery.

Pharma Sales Operations

Pharma Sales operations generated revenue of NT$2.64 billion in the fourth quarter, marking one of slowest quarters since the Upsher-Smith merger. For the full year, Pharma Sales declined 11.30% compared to 2024, excluding the impact of discontinued operations related to delisted products, and accounted for 60.48% of total revenues.

A key leading indicator in specialty pharma is the number of new patients, and across the Vigabatrin franchise, Upsher-Smith continues to demonstrate positive momentum on this front. Upsher-Smith intends to pursue enhanced customer segmentation to further increase salesforce effectiveness in 2026 with investments in key commercial functions and patient access to increase salesforce effectiveness.

Recent Investor Conference

Bora will host an English online earnings call at 9:30 p.m. Taiwan time on Mar. 12th, 2026, followed by an investor conference hosted by Taishin Securities at the Regent Taipei at 2:00 p.m. on Mar. 19th, 2026. Both events will cover the Company’s 2025 financial and business results and 2026 outlook.

English Online Earnings Presentation Link: https://www.virtualinvestorconferences.com/wcc/eh/4814904/lp/5255333/bora-pharmaceuticals-otcqx-boray-twse-6472

Bora will participate in 2026 Jefferies Asia Forum in March in Hong Kong and an East coast NDR in NYC and Boston. For 1:1 meetings with management, please contact your Jefferies and Sinopac representative.

Bora 2026 Earnings Schedule

Q1 2026: Expected in the 2nd week of May 2026
Q2 2026: Expected in the 2nd week of Aug 2026
Q3 2026: Expected in the 2nd week of Nov 2026
Q4 2026: Expected in the 2nd week of Mar 2027

Hashtag: #Bora

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

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

LiveNews: https://livenews.co.nz/2026/03/11/bora-delivers-highest-operating-cash-flow-margin-since-2020-enabling-2026-bolt-on-investments-from-a-larger-stronger-platform/

KCM Trade Awarded “Best Forex Trading Platform 2026” by FX Daily Info

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 11 March 2026 – KCM Trade, a leading global CFD broker, has been honored with the “Best Forex Trading Platform 2026” award at the 2026 Industry Awards hosted by international financial media outlet FX Daily Info in March 2026, underscoring the Group’s brand strength and industry influence built over a decade of development.

Regulated by both the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission (FSC) of Mauritius, KCM Trade remains committed to compliance, operational integrity, and sustainable growth. This latest recognition further reinforces the Group’s accumulated expertise and expanding presence in the global market.

Driven by the Market, Recognised by Industry Authorities

FX Daily Info has long been dedicated to research and evaluation within the global forex industry. Its annual awards are widely respected for their transparency and fairness, carrying significant industry influence.

This year’s selection process engaged forex investors worldwide, with all awards determined through public voting. KCM Trade stood out with a significant lead of over a thousand votes ahead of the runner-up. This accomplishment not only signifies strong industry recognition of KCM Trade’s sustained commitment to technological advancement and continuous optimisation of the trading experience, but also reflects a clear endorsement from the market through an open and transparent voting mechanism. The result further consolidates KCM Trade’s leadership position in the global forex market.

KCM Trade has consistently upheld a client-centric service philosophy. Receiving the “Best Forex Trading Platform” award reflects global clients’ strong recognition of the Group’s trading execution efficiency, system stability, client service standards, and diversified product offering. It also serves as a driving force for the Group’s ongoing refinement and innovation.

A Decade of Excellence, Looking Ahead

As KCM Trade marks its tenth anniversary, this recognition as “Best Forex Trading Platform 2026” carries special significance. Looking ahead, the Group will continue to drive intelligent technological innovation, further enhancing trading experience and service quality, and remains committed to providing global clients with a more efficient, reliable and trusted trading environment.

https://www.linkedin.com/company/kcmtrade-global/
https://x.com/kcmtradenigeria?s=21
https://www.facebook.com/share/1Hg7xa9Js2/?mibextid=wwXIfr
https://www.instagram.com/kcm_trade_global?igsh=MTJ5Y2QydmJxY2Ziag==

Hashtag: #KCMTrade #Besttradingplatform #2026 #10years #globalbrokers

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

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

LiveNews: https://livenews.co.nz/2026/03/11/kcm-trade-awarded-best-forex-trading-platform-2026-by-fx-daily-info/

NZ-AU: Minim Martap Project Update

Source: GlobeNewswire (MIL-NZ-AU)

Highlights

  • Construction work ongoing on ore haulage access road, IRF and site access
  • Locomotives delivery remains on schedule in first quarter 2026
  • Mining contractor has visited site confirming mobilisation schedule with mine development to commence in first quarter 2026
  • Project development timeline remains unchanged
  • Project fully financed to Stage 1 production
  • Incumbent President Paul Biya has been officially re-elected as the President of Cameroon

PERTH, Australia, Nov. 06, 2025 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to provide a project update for its Minim Martap bauxite project (‘Minim Martap’ or ‘the Project’) in Cameroon, following the confirmation of President Paul Biya’s re-election.

Despite reports of unrest in several Cameroon cities in the immediate aftermath of the election, Canyon has continued to progress its development of the Minim Martap project with minor delays to construction work in key areas.

Upgrades to the Minim Martap haulage road including access to the Daniel Plateau, access to the IRF and by-pass construction is ongoing and whilst some delays have been experienced, works remain on track for completion in Q1, 2026.

Locomotives ordered recently from CRRC Ziyan Co. Ltd1 are being built in China and are on schedule to be delivered to Canyon in the first quarter of next year. Similarly, the rail wagons delivery is also scheduled for Q1, 2026 in line with the forecast first shipment of bauxite ore in Q2, 2026.

The mining contractor appointed to the Minim Martap Project has visited the site and has confirmed it will be in position to commence mining operations in the Q1 2026.

Importantly, with first bauxite shipment scheduled for Q2, 2026, Minim Martap remains fully financed to Stage 1 production, by a combination of both debt and equity facilities. Funding comprises the previously announced ~US$140M facility from AFG Bank Cameroon2 and the recent A$35.6M equity raise3 in September 2025 which saw 56.5% shareholder, Eagle Eye Assets (“EEA”), also commit to exercising approximately 137 million options to raise an additional A$10M.

Tranche 2 of the equity raise, comprising a placement of A$100M to EEA and a A$70M placement to CEMAC investors being undertaken by Afriland Bourse & Investissement (“Afriland”), remains conditional on shareholder approval. In addition, the AfriLand tranche requires approval from the Banque des États de l’Afrique Centrale, the central bank for the Central African Economic and Monetary Community, the Commission de Surveillance du marché financier de l’Afrique Centrale, the market regulator for the Central African Economic and Monetary Community and the Government of Cameroon, which is still ongoing. The Annual General Meeting is to be held on the 25th of November 2025.

Commenting on project funding, EEA stated: “We look forward to maintaining our strong partnership with Canyon as it continues to advance key project milestones in the near term and to completing the next phase of A$100M of equity funding under Tranche 2.”

Canyon Chief Executive Officer Peter Secker commented: “Following the recent presidential election in Cameroon, work on the Company’s Minim Martap project has continued without any significant disruptions and we remain on schedule for the first bauxite shipment from Minim Martap to be completed in Q2 of next year.

Canyon is well funded following the recent capital raisings, which allowed us to secure commitment of key long lead items such as locomotives and wagons, which will be delivered on time in the first quarter of 2026. 

This announcement has been approved for release by Canyon’s Board of Directors.


Forward looking statements
This announcement contains “forward-looking statements” and “forward-looking information”, such as statements and forecasts which include (without limitation) financial forecasts, production targets, industry and trend projections, statements about the feasibility of the Project and its financial outcomes (including pursuant to the DFS), future strategies, results and outlook of Canyon and the opportunities available to Canyon. Often, but not always, forward-looking statements and information can be identified by the use of words such as “plans”, “expects”, “is expected”, “is expecting”, “budget”, ‘outlook”, “scheduled”, “target”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes”, or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might”, or “will” be taken, occur or be achieved. Such information is based on assumptions and judgments of Canyon regarding future events and results. Readers are cautioned that forward-looking statements and information involve known and unknown risks, uncertainties and other factors which may cause the actual results, targets, performance or achievements of Canyon to be materially different from any future results, targets, performance or achievements expressed or implied by the forward-looking statements and information.

Forward-looking statements and information are not guarantees of future performance and involve known and unknown risks, uncertainties, sensitivities, contingencies, assumptions and other important factors, many of which are beyond the control of Canyon and its directors and management. Past performance is not a guide to future performance. Key risk factors (including as associated with the DFS) are detailed (non-exhaustively) in this announcement or in Canyon’s previous ASX announcements). These and other factors (such as risk factors that are currently unknown) could cause actual results, targets, performance or achievements anticipated (including in the DFS) to differ materially from those expressed in forward-looking statements and information.

Forward-looking statements and information (including Canyon’s belief that it has a reasonable basis to expect it will be able to fund the costs of the Project for its estimated life of mine) are (further to the above) based on the reasonable assumptions, estimates, analysis and opinions of Canyon made in light of its perception of trends, current conditions and expected developments, as well as other factors that Canyon believes to be relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect. Although Canyon believes that the assumptions and expectations reflected in such forward-looking statements and information (including as described throughout this announcement) are reasonable, readers are cautioned that this is not exhaustive of all factors which may impact on the forward-looking statements and information. Canyon does not undertake to update any forward-looking statements or information, except in accordance with applicable securities laws.

Investors should note that there is no certainty that the Project will be feasible and there can be no assurance of whether it will be developed, constructed and commence operations, whether the DFS results will be accurate, whether production targets will be achieved or whether Canyon will be able to raise funding when it is required (nor any certainty as to the form such capital raising may take, such as equity, debt, hybrid and/or other capital raising). It is also possible that such funding may only be available on terms that dilute or otherwise affect the value of Canyon’s shares. It is also possible that Canyon could pursue other ‘value realisation’ strategies such as sale, partial sale, or joint venture of the Project. Risk factors which are set out (non-exhaustively) in this announcement, or in Canyon’s previous ASX announcements, highlight key factors identified by Canyon which may cause actual results to differ from the DFS or may otherwise have material detrimental impacts on Canyon and its business.  

Mineral Resources and Ore Reserves
This announcement contains estimates of the Mineral Resources and Ore Reserves estimated for the Project. This information in this announcement that relates to those Mineral Resources and Ore Reserves has been extracted from Canyon’s accompanying ASX announcement entitled “Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite Operation” dated 1 September 2025, a copy of which is available at www.asx.com.au. Canyon confirms that it is not aware of any new information or data that materially affects the information included in that announcement and, in relation to the estimates of Mineral Resources and Ore Reserves, confirms that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. The Competent Person for the Mineral Resources estimate in the announcement was Mr. Rodney Brown and the Competent Persons for the Ore Reserve estimate in the announcement was Mr. Donald Eld.

1 Refer to ASX announcement dated 26 June 2025
2 Refer to ASX announcement dated 26 May 2025
3 Refer to ASX announcement dated 25 September 2025

– Published by The MIL Network

LiveNews: https://livenews.co.nz/2026/03/11/nz-au-minim-martap-project-update/

Money20/20 Asia Unveils Powerhouse Lineup of 250 Speakers to Define the Future of Finance

Source: Media Outreach

BANGKOK, THAILAND – Media OutReach Newswire – 11 March 2026 – Money20/20, the world’s leading fintech show and the place where money does business, today announced 250 confirmed speakers from a total of 39 countries taking their stages at Money20/20 Asia happening in Bangkok on April 21–23, 2026 at the Queen Sirikit National Convention Center (QSNCC).

This year’s theme ‘From Infrastructure to Impact – Where Technology Meets Humanity’, is exploring how the next wave of financial innovation can deliver real outcomes across the APAC region. From digital public infrastructure and embedded finance to AI‑powered services and inclusive financial design, Money20/20 Asia will examine how technology moves beyond capability to create genuine human impact. With a speaker lineup drawn from across Asia, the show will unpack the trends, breakthroughs, and strategies shaping the future of money.

Money20/20 Asia brings togethers speakers from over 40 global and regional banks, including Standard Chartered, HSBC, Bank of America, Citi, Deutsche Bank, EPAA/World Bank, Kotak Mahindra Bank, Tonik Bank, Maybank, J.P. Morgan, KASIKORNBANK, and Trust Bank Singapore to name a few. Experts from leading payment providers including Visa, Nium, Thunes, PPRO, Tazapay, Mastercard, Razorpay, FiServ, Brankas, JusPay and others will discuss the evolution of payments across the region.

“Money20/20 Asia is a platform for ideas that shapes the industry and this year’s lineup of 250+ speakers reflect the extraordinary progress happening across APAC. From digital assets and payments to AI and financial inclusion, the conversations in Bangkok will define the future of money across the region and beyond. We’re excited to bring together the leaders who are not only observing change, but actively creating it.” said Danny Levy, Executive Vice President & MD APAC & Middle East.

The 2026 keynote roster highlights a group of standout leaders shaping the future of finance across Asia and beyond. Some of the keynote speakers include: Faizul Ariff Ali, Governor, Reserve Bank of Fiji, Djasur Djumaev, Founder & CEO, Uzum, Pichet Durongkaveroj, Executive Director, Bangkok Bank, Peng Ooi Goh, Founder & Executive Chairman, Silverlake Group and Anna Liu, CEO, HashKey Tokenisation

“Thailand is emerging as a key financial innovation hub in Asia, and Money20/20 Asia provides a vital platform for us to connect with global leaders, building the future of finance. As digital transformation accelerates across the region, we see tremendous opportunity for collaboration, new business models, and technologies that will strengthen Thailand’s role in the regional financial network.” said, Pichet Durongkaveroj, Executive Director, Bangkok Bank.

New for this year at Money20/20 Asia is the Intersection Stage exploring the convergence of traditional finance (TradFi) and decentralized finance (DeFi), addressing how banks, fintechs, and emerging technologies are reshaping the global financial ecosystem. The stage brings together leaders from major financial institutions and well-known fintech companies to discuss how innovation, regulation, and new financial infrastructure are transforming areas such as digital assets, trust and cybersecurity, and cross-border payments. Speakers include for example Siddharth Gupta of Bank of America, Sabih Behzad of Deutsche Bank, Fangfang Jiang of International Finance Corporation, Kenneth Chan of Webull, and Siva Kumar of Sumsub, who will share insights on regulatory innovation, digital asset adoption, developments in stablecoin, tokenization, blockchain‑enabled settlement, and how new payment rails are enabling faster and more efficient cross-border transactions.

The show includes the Startup & Investor Park, a dedicated space where leading fintech founders from Asia connect with global investors, enterprise partners, and decision-makers. 20 standout startups from across APAC have been selected, highlighting the Park’s commitment to quality, innovation, and real-world impact. Over three days, the Park will host founder-focused sessions, investor meetups, startup showcases, and pitch competitions to accelerate early-stage growth. Startups will also compete for the Golden Ticket to the 2026 Startupbootcamp Sustainability Singapore Accelerator, which offers SGD 70,000 in non-dilutive prize money, access to the Investment Readiness Program, and expert coaching.

Money20/20 Asia will also feature fintech unicorns and high‑growth innovators, including Revolut, Bolttech, Fireblocks, Circle, Bitkub, AppWorks, and Incognia, alongside technology leaders such as Meta, Finastra, FIS, and Publicis Sapient.

“The digital asset landscape across Asia is evolving at remarkable speed, and platforms like Money20/20 Asia play a vital role in bringing together innovators, regulators, and ecosystem builders to shape that future. As the region’s leading blockchain and digital asset company, Bitkub is proud to be part of the global conversation on how tokenization, digital identity, and next-generation financial infrastructure can unlock new economic opportunities and drive inclusive growth for millions across the region.” said Jirayut (Topp) Srupsrisopa, Founder & Group CEO, Bitkub Capital Group Holdings.

Stages

In addition to the Intersection Stage Money20/20 Asia 2026 will feature three more stages, each delivering a distinct lens on the future of money:

  • Summit Stage: headline keynotes and industry‑defining conversations
  • Exchange Stage: deep‑dive discussions on payments, banking, digital assets, AI, and regulation
  • Discovery Stage: spotlighting emerging founders and early‑stage innovation

Program Highlights from the Agenda

The 2026 agenda highlights the show’s core themes of digital assets, cross-border payments, AI, and regulation, and includes several high-impact sessions such as:

  • Day 1: The Future of Tokenised Markets in Asia, featuring HashKey Tokenisation, Fireblocks, Circle
  • Day 1: Real‑Time Cross‑Border Payments: The Next Leap Forward, with Nium, Thunes, Tazapay, Airwallex
  • Day 2: AI‑Driven Financial Inclusion Across APAC, with Kotak Mahindra Bank, Tonik Bank, Trust Bank Singapore
  • Day 2: The Creator Economy Meets Finance at the Intersection Stage, featuring Meta, Publicis Sapient, and leading digital creators
  • Day 3: Regulation for the Next Decade with regulators from Bank of Thailand, MAS, BSP, OJK Indonesia, Bangladesh Bank, Labuan FSA, and the Reserve Bank of New Zealand

Hashtag: #money20/20 #fintech #bangkok

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

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

LiveNews: https://livenews.co.nz/2026/03/11/money20-20-asia-unveils-powerhouse-lineup-of-250-speakers-to-define-the-future-of-finance/

Fuel supplies in NZ: ‘Unless things change there’ll be big challenges’

Source: Radio New Zealand

RNZ / Kim Baker Wilson

The government has warned the country’s oil deliveries are in doubt if the conflict in the Middle East rages on.

The closure of the Straits of Hormuz and damage to infrastructure has triggered volatility, fuelling record oil prices.

Prices hikes have stretched beyond the petrol pump, with Air New Zealand raising fares, suspending its earning guidance and warning it may have to cut flights if oil prices continued to increase.

Air Chathams said the rising cost of oil was costing the small airline about $140,000 extra a month in fuel, and could see it cut flights.

Associate Energy Minister and Regional Development Minister Shane Jones told Checkpoint the government was not considering rationing, despite the Australian government looking at contingency plans that included fuel rationing.

He said the government had been assured the physical arrival of the fuel was not under threat in coming months.

“But get to May we’re told by the industry unless things change there’ll be big challenges.”

A newly created ministerial oversight group, announced by PM Luxon late yesterday, will meet for the first time on Wednesday, Jones said.

The group is led by Finance Minister Nicola Willis and included Jones, Minister of Agriculture and Trade Todd McLay, Minister of Energy Simon Watts and Minister of Commerce Scott Simpson.

Key inputs for New Zealand’s fertiliser industry such as urea come out of the Middle East, including from Iran, and the government also wanted to keep an eye on any price gouging, Jones said.

The group would discuss options for relief from spiking energy costs.

The minister would not outline what measures were being considering, and warned such actions always had consequences.

The government was already supporting regional airlines through loans from the Regional Infrastructure Fund, Jones said.

The minister said it was a “great worry” a number of countries with refineries were significantly reducing supply.

Ministry of Business, Innovation and Employment (MBIE) data showed the country had 27 days of petrol in the country, and 22 days worth shipped but yet to arrive, 24 days of diesel, with 29 days on the water, and 28 days worth of jet fuel, with 22 days shipped.

Some oil companies had already declared force majeure – a clause that freed companies from contractual obligations due to extraordinary circumstances, such as natural disasters or wars.

Wise Response Society chair Nathan Surendran said levels of damage across multiple countries meant delays could last weeks or months even if the conflict ended quickly, but the threat went beyond delays.

“The force majeure declarations cascading across Gulf and Asian suppliers did not just mean delays to oil supplies, they void contracts, and could see fuel currently headed to New Zealand diverted to nations willing to pay more,” Surendran said.

There were signs this was already happening, with reports of cargoes being diverted from Europe and Africa to Asia.

The government should take a precautionary approach, signalling possible rationing now, before shortages forced it, Surendran said.

“Australian fuel wholesalers were already rationing supplies to retailers despite Australia holding 36 days of reserves and two domestic refineries – New Zealand has neither,” he said.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/10/fuel-supplies-in-nz-unless-things-change-therell-be-big-challenges/

HKPC’s 2nd “New Productive Forces” Job Fair 2026 Successfully Concluded Over 2,000 Job Seekers Connecting with Over 10,000 I&T Positions

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – In response to the national 15th Five-Year Plan’s emphasis on developing new productive forces and positioning Hong Kong as an international hub for high-caliber talent, and in alignment with the talent development initiatives outlined in the 2026–27 Budget, the “New Productive Forces” Job Fair 2026 organised by the Hong Kong Productivity Council (HKPC) was successfully held on 7 March.

As one of HKPC’s key annual initiatives promoting Artificial Intelligence (AI) and talent development, the job fair attracted over 2,000 tertiary students, fresh graduates and job seekers from across the Guangdong-Hong Kong-Macao Greater Bay Area. The event brought together more than 50 leading enterprises, organizations and government departments, offering over 10,000 quality job opportunities in key areas of new productive forces such as AI and STEAM. The event successfully established an efficient two-way talent matching platform and demonstrated HKPC’s commitment to implementing a talent-driven development strategy through concrete action.

The Job Fair also served as a core event funded by the Innovation and Technology Commission’s “New Productive Forces Talent Programme”. The event received strong support from more than 30 organisations, including the Hong Kong Talent Engage, the Labour Department, the Federation of Hong Kong Industries, the Hong Kong Quality and Talent Migrants, as well as various tertiary institutions. The opening ceremony was held in the morning, with officiating guests including Dr Lawrence CHEUNG, Chief Technology Officer of HKPC; Miss Rosalind CHEUNG, Assistant Commissioner for Innovation and Technology (Funding Schemes) and Ms. Karen FUNG, Chief Marketing Officer of HKPC.

At the opening ceremony, Dr Lawrence CHEUNG emphasised: “This year marks the beginning of the 15th Five-Year Plan and represents a golden opportunity for Hong Kong to leverage its strengths and align with national strategies. We must seize this opportunity to attract talent from around the world and develop new productive forces with Hong Kong characteristics. This Job Fair not only serves as a bridge connecting job seekers and enterprises but also provides an important platform to showcase how new productive forces can lead Hong Kong’s future development. Over the past two years, the “New Productive Forces Talent Programme” has organised a series of courses and technology study tours, and trained more than 1,000 participants.”

In a subsequent sharing session, Mr. Brian WONG, Chief People and Culture Officer of HKPC, delivered a presentation titled “HR as the AI Change Agent: Driving Enterprise-wide AI Transformation.” He pointed out that the success of corporate transformation in the AI era hinges on whether human resources (HR) can effectively play the role of change drivers. He shared several practical strategies, including how to cultivate AI engineers and talent in related fields. He emphasised that a company’s talent strategy should not be limited to technical skills training but should also focus on nurturing high-level thinking and innovative capabilities in talent, driving the company to adapt to rapidly changing markets and achieve robust transformation.

HR Leaders Praise Platform Value; Strong On-site Talent Matching

This year’s Job Fair featured a strong lineup of exhibitors, including Huawei International Hong Kong, Alibaba Hong Kong, Cathay Pacific Services Limited, The Bank of East Asia, EY and PwC, as well as government departments such as the Labour Department. Job opportunities covered key roles such as AI Consultant, Digital Transformation Specialist, Solutions Engineer and Digital Marketing Officer. Dedicated graduate programmes and internship opportunities were also offered, meeting the employment needs of a wide range of talent while providing companies with an important platform to recruit high-quality professionals in emerging technology sectors.

The atmosphere at the venue was vibrant, with many companies arranging on-site interviews, enabling job seekers to enjoy a seamless “one-stop interview” experience. HR representatives from participating companies highly praised the effectiveness of the event. Mr. Ryan Tang, Head of Personal Banking & Wealth Management Technology, Bank of East Asia, said: “The Job Fair attracted many professionals with experience in AI and technological transformation. I was very pleased to interact with them on site. Some candidates possess skills that match the bank’s needs, effectively strengthening our core talent pool.” Ms. Erica Kwan, Head of Business Development and Marketing, HSM Industrial Solution Company, said: “This Job Fair has improved our efficiency in recruiting digital and technical talent, enabling job seekers to connect more precisely with professional pathways in new industrialisation and become an important driving force for Hong Kong’s new productive forces.”Ms. Natalie Yuan, Co-Founder and Chief Operating Officer of First Resume, remarked: “Job seekers on site showed a strong desire to enhance their job-hunting skills in the era of new productive forces. We look forward to deepening our collaboration with HKPC in the future to help talent strengthen their competitiveness.” Job seekers also widely noted that the event not only brought together a large number of quality job opportunities but also allowed them to communicate directly with company representatives and receive free career support, helping them better understand the talent requirements of emerging technology sectors and plan their future career development paths.

AI-Powered Services Enhance the Job-Seeking Experience

To help job seekers stand out in the competitive job market, the Job Fair continued to provide a wide range of free and comprehensive career support services. Among them, complimentary professional headshot photography remained one of the most popular services, helping many participants obtain professional photos suitable for job applications. At the same time, AI-powered CV optimisation, AI mock interviews, and one-on-one CV consultation services were also highly welcomed by participants. Multiple industry seminars and practical workshops were fully booked, covering topics such as “Applications of AI in Recruitment”, “AI Career Opportunities in the Finance and Technology Sectors”, and “100 Days of AI Transformation: Entering the Finance and Technology Industries”. Industry experts shared valuable job-hunting skills and insights into industry trends. In addition, the Job Fair introduced a new “Startup Zone, allowing job seekers to engage directly with local startup entrepreneurs and broaden their innovative thinking. The founder of the startup CanTone said, “This event allowed more people to learn about our entrepreneurial vision, and it also helped us recruit student interns, enhancing our startup’s competitiveness.” The “Maker Workshop also attracted many participants, who operated equipment such as 3D printers and laser engraving and cutting machines under the guidance of professional instructors, experiencing the appeal of innovation and technology manufacturing and further stimulating their interest in exploring the field of new productive forces.

HKPC has long been committed to cultivating talent with strong competitiveness for the Greater Bay Area. Through the integrated model of “job matching + career support + industry exchange”, the Job Fair not only helps enterprises address their talent needs but also enables job seekers to seize the opportunities presented by the development of new productive forces and achieve high-quality employment.

In the future, HKPC will continue to build diversified talent exchange and matching platforms while further enhancing the talent development ecosystem in the field of new productive forces.

Photo Captions:

  1. Dr Lawrence CHEUNG, Chief Technology Officer of HKPC, delivered welcome remarks at the opening ceremony of the “New Productive Forces” Job Fair 2026, noting that the Job Fair not only connects job seekers and enterprises but also showcases how new productive forces can lead Hong Kong’s future development.
  2. Dr Lawrence CHEUNG, Chief Technology Officer of HKPC (Middle) and Miss Rosalind CHEUNG, Assistant Commissioner for Innovation and Technology (Funding Schemes) (Right) and Ms. Karen FUNG, Chief Marketing Officer of HKPC (Left), officiate the opening ceremony of the “New Productive Forces” Job Fair 2026.
  3. Guests of honour, supporting organisations, representatives from institutions and associations witnessed the grand opening of the “New Productive Forces” Job Fair 2026.
  4. The Job Fair attracted a large crowd and brought together more than 50 leading enterprises, organisations and government departments, offering over 10,000 quality positions in key areas of new productive forces such as AI and STEAM.

Hashtag: #HKPC

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

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

LiveNews: https://livenews.co.nz/2026/03/10/hkpcs-2nd-new-productive-forces-job-fair-2026-successfully-concluded-over-2000-job-seekers-connecting-with-over-10000-it-positions/

Esperanza Securities Marks a Major Milestone for Its Inaugural Entertainment STO – Charting New Model for Fans Economy and STO Investments

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – Esperanza Fintech (Securities) Limited (“Esperanza Securities“, or “Company“) today announced a major business milestone for its first SFC permitted tokenized investment (STO) project with entertainment industry asset. With the underlying concert successfully concluded last weekend, this marks the commencement of the new investment model that combines entertainment industry assets with financial technology.

Esperanza Securities congratulated the renowned Hong Kong singer Chris Wong on the successful completion of his concert “Chris Wong 40th Anniversary Concert” and expressed gratitude for investors who participated in the STO, who have witnessed the first tokenized investment that integrates both a secondary trading market and exclusive experiential elements.

Ronald Leung, the responsible officer of Esperanza Securities said: “The entertainment industry carries strong investment potential while also embodying powerful community engagement and cultural influence. Through the STO model, we aim to establish a new participation framework for the cultural and entertainment sectors that integrates investment, content and the fan economy.”

Professional Investors Participate as Secondary Market Trading Begins

The project successfully attracted subscription from professional investors as Hong Kong’s first practical cases of entertainment STO. Investors are able to trade the investment tokens on Esperanza Securities’ 24/7 digital investment platform, espetopia.com. The platform has recorded secondary market transactions from both institutional and individual investors, marking a crucial step for tokenized investments as an alternative capital raising channel for the entertainment industry.

Besides investment return, project investors gain exclusive access to concert rehearsal, auspicious opening ceremony and backstage interaction with the artist.

Several participating investors noted that the integration of investment and fan culture offers a new form of interaction within the entertainment industry, demonstrating the innovative potential of combining the fans economy with financial technology.

Strong Retail Market Interest Amid Anticipation of Future Regulatory Developments

Esperanza Securities noted that, STO investments remain strictly limited to professional investors. Beyond professional investors, a significant number of retail investors have expressed strong interest in tokenized entertainment investment projects. Many hope to eventually participate financially in supporting their beloved artists and cultural content in the future.

Any potential investment access for retail investors will require further review and approval from regulators. Globally, financial regulators are increasingly studying ways to enable retail investors to participate in private market assets. For example, the Monetary Authority of Singapore (MAS) has recently launched a public consultation on frameworks that may allow retail participation in private market investment funds, reflecting broader international developments in this area.

Next STO Project to Launch Soon, Inviting Asia-Pacific Investors to Join New Opportunities

Following the successful completion of the first project’s underlying concert, Esperanza Securities also announced today that the next entertainment STO project will be available for subscription and secondary market trading for eligible professional investors later this week. The underlying asset will be the concert project in Kuala Lumpur, Malaysia, featuring Kyuhyun of Super Junior and Korean boy band AHOF, scheduled for April 11, 2026.

Professional investors participating in this upcoming STO project will enjoy exclusive experiential privileges in addition to potential investment returns, with further updates to be announced.

Looking Ahead: Expanding Tokenization Across Entertainment Assets

Looking ahead, Esperanza Securities plans to deepen the application of tokenized investment within the entertainment industry while exploring additional asset classes across the broader cultural and creative sectors. These may include projects related to film production, content rights, and intellectual property licensing, further expanding the potential integration between community-driven fan economies and tokenized investment models.

The Company believes that tokenization can introduce more flexible and innovative capital participation for the entertainment industry while enabling investors to engage more directly with cultural content and creative assets.

Hashtag: #EsperanzaSecurities

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

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

LiveNews: https://livenews.co.nz/2026/03/09/esperanza-securities-marks-a-major-milestone-for-its-inaugural-entertainment-sto-charting-new-model-for-fans-economy-and-sto-investments/

Politics live: Christopher Luxon responds to poll result

Source: Radio New Zealand

Finance minster Nicola Willis is joining Christopher Luxon at the weekly post-Cabinet media conference, with an update on the economy. But attention is likely to fall on the Prime Minister with questions about his leadership, the polls and Iran.

Follow all the latest news with RNZ’s live blog.

The prime minister is facing disastrous poll numbers, while also dealing with global issues, as missiles continue to tear through Middle Eastern skies.

Pressure is mounting on the Christopher Luxon with a poll result last week putting National in the 20s.

Listen to the PM’s appearance on Morning Report here:

Luxon batted away questions last week about stepping down as party leader following the latest Taxpayers’ Union Curia poll that had National on 28.4 – down nearly 3 points from its poll last month.

Luxon said on Friday evening none of his Cabinet colleagues had told him to reconsider his future, saying “all of them” back him.

He said he was “absolutely not” considering standing down and said he had the skills to lead the National Party and the country.

Luxon also made a personal explanation in the House on Tuesday night, after he stated incorrectly the government was automatically extending visas for people in New Zealand affected by the war in Iran.

RNZ / Angus Dreaver

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/09/politics-live-christopher-luxon-responds-to-poll-result/

Asia Coach Group Partners with Award-Winning Trainer Ling Sia to Launch “Micro-Capital Growth PLUS” Programme, Advancing Practical Financial Education

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – Asia Coach Group Limited announced the launch of “Micro-Capital Growth PLUS,” a new financial literacy programme developed in collaboration with Ling Sia, one of the company’s lead trainers recently named among Hong Kong’s Top 10 Business Trainers. The programme is built on three core principles — low starting capital, repeatable processes, and disciplined wealth-building — and is designed to deliver an accessible financial education framework that balances risk management with practical application.

Financial Vulnerability Among Hong Kong’s Workforce Has Become a Structural Issue

Hong Kong’s median monthly employment earnings stand at approximately HKD 20,500, with over 200,000 workers classified as working poor. Concurrently, more than 43,000 fraud cases were recorded in 2025, with online investment scams averaging approximately HKD 700,000 in losses per case. The combination of a narrow income base and high-impact fraud exposure means a single financial misstep can have irreversible consequences for the city’s lower- and middle-income earners. In this environment, financial education must prioritise capital preservation and risk awareness over the pursuit of returns.

An Award-Winning Trainer Bringing Real-World Experience to Financial Education

Ling Sia was selected as one of Hong Kong’s Top 10 Business Trainers in the “World’s Most Popular Business Trainer” awards organised by the Hong Kong Economic Times, a recognition of her professional credentials and proven teaching outcomes. With over eight years of training experience and a decade-long background in wealth management, she has conducted more than 90 financial literacy events and guided over a thousand participants in building passive income streams. Having personally experienced investment losses, Ling Sia brings a grounded understanding of the risks and pressures facing individuals with limited capital. Her teaching philosophy centres on translating asset allocation principles into actionable, step-by-step strategies that enable participants to start small and build passive income through a structured process.

A Systematic Framework for Building Passive Income

“Micro-Capital Growth PLUS” is a comprehensive upgrade of the original programme, offering participants a repeatable, systematic financial planning process. The curriculum is structured around four core modules: real-world investment case studies supported by verified return data; financial mindset training to help participants develop rational money management habits and risk awareness; a cash flow strategy that deconstructs the steps to building passive income, targeting an initial four-figure monthly return within three months; and a holistic planning component addressing personal development and lifestyle balance.

The programme adopts a one-on-one personalised coaching model, with Ling Sia guiding each participant through the process of establishing their own passive income cash flow. Unlike conventional finance courses with high tuition fees, advisory services with ongoing management charges, or overseas investment schemes requiring substantial capital commitments, “Micro-Capital Growth PLUS” offers a lower barrier to entry with a clearly defined, actionable path to asset growth.

Aligned with a Shifting Market — Practical Expertise Becomes the New Standard in Training

Hong Kong’s professional training market is undergoing a notable shift. Results from the Hong Kong Economic Times’ “World’s Most Popular Business Trainer” awards indicate that industry demand has moved from traditional theory-based instruction toward digital, practice-oriented application, with trainers who combine entrepreneurial experience and financial teaching expertise attracting the strongest market interest. Ling Sia’s “executable, process-driven, guided” teaching methodology is well-positioned within this evolving landscape. Backed by the professional recognition as one of Hong Kong’s Top 10 Business Trainers, the programme offers a risk-conscious, accessible pathway to financial literacy for everyday investors.

Hashtag: #Finance #Investment #Coaching #LingSia #Micro-CapitalGrowthPLUS

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

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

LiveNews: https://livenews.co.nz/2026/03/09/asia-coach-group-partners-with-award-winning-trainer-ling-sia-to-launch-micro-capital-growth-plus-programme-advancing-practical-financial-education/

HOFA Announces the Second Edition of the Digital Art Awards, in Collaboration with Exhibition Partner PhillipsX in Hong Kong, proudly backed by Lightyear

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – Celebrating a new generation of digital artists working across generative systems, AI, immersive media and experimental formats, with winners selected by a panel of leading experts and exhibited at Phillips’ Asia headquarters in the West Kowloon Cultural District during Hong Kong Art Basel Week 2026.

Refik Anadol, ‘Sense of Healing’, 2023, AI Data Sculpture (Courtesy of the Artist)

The awards ceremony will take place on 24 March 2026, featuring the four key categories of Still Image, Moving Image, Innovation and Experiential and followed by a private sale exhibition hosted by Phillips in Hong Kong, from 25–28 March 2026.

As a highlight of Hong Kong’s spring art calendar, the awards celebrate the growing cultural significance of digital art and spotlights the visionary artists redefining visual culture through cutting-edge technologies.

Thirty two international finalists will be selected for their work pushing the boundaries of digital creativity. Each of the four category winners will receive a $10,000 USDC commission towards a new artwork.

The thirty two finalists include several prominent figures in digital and generative art, such as Erick Calderon (Snowfro) Founder of Art Blocks, Botto, Sarah Meyohas, William Mapan, Sasha Stiles and Mario Klingemann – underscoring the calibre of talent the awards are already attracting with over two hundred applications across more than fifty countries.

Refik Anadol is nominated for the Honorary Career Award for Sense of Healing, an AI Data Sculpture that emerges from Refik Anadol Studio’s long-term research into creating meditative art based on neurological data.

Finalists and winners will be selected by a panel of leading experts in art, hospitality and technology, including Irini Mirena Papadimitriou, Exhibitions Director at Diriyah Art Futures, Thomas Heyne, Co-Founder and CEO at Scorpios, Dorothy di Stefano, Art Curator and Creative Strategist at Molten Immersive Art, Danielle So, Hong Kong Head of Auction, Modern & Contemporary Art, Phillips, Sebastien Borget, Co-Founder & Global of The Sandbox, SANDchain, President of Blockchain Game Alliance and Co-Founder of Artverse, Jean-Michel Pailhon, Co-Founder and Chief Investment Officer at Grailcapital, Simonida Pavicevic, Co-Founder and Curator at HOFA, Justin Gilanyi, Founder of WhereArt.Works and Curator at SILK, and Matt Zhang, Founder and Managing Partner at Hivemind Capital.

The Digital Art Awards are proudly backed by Lightyear, a subsidiary of Hivemind Digital Group. A full-stack digital culture partner, Lightyear provides infrastructure, liquidity and market expertise, and hands-on delivery for digital ownership and engagement across physical and digital experiences. Lightyear is committed to championing artists and organizations pushing the boundaries of digital culture.

Hashtag: #HOFA #PhillipsX

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

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

LiveNews: https://livenews.co.nz/2026/03/09/hofa-announces-the-second-edition-of-the-digital-art-awards-in-collaboration-with-exhibition-partner-phillipsx-in-hong-kong-proudly-backed-by-lightyear/

Women shaping the future of Aotearoa recognised in inaugural Women of Impact in Property list

Source: Property Council of New Zealand

Thirty wāhine whose leadership is shaping the future of New Zealand’s built environment have been recognised in the inaugural Women of Impact in Property list, unveiled by Property Council New Zealand this International Women’s Day.

Spanning developers, designers, engineers, strategists, policy leaders and project specialists, the list – selected from over 90 nominees – celebrates the breadth of talent driving progress across the property ecosystem.

Importantly, Women of Impact in Property is not a competition. Every honouree is recognised equally for the influence and impact they have delivered across the sector.

Property Council Chief Executive Leonie Freeman says the programme shines a light on the people whose leadership is helping shape stronger, more inclusive communities.

“Our cities are built by people, and behind every great place are women creating change: leading teams, mentoring others, challenging thinking and delivering outcomes that benefit us all.”

“Women of Impact is about visibility, recognition and inspiration. We want the sector – and the public – to see what leadership looks like in all its forms.”

The initiative reflects Property Council’s ongoing commitment to diversity, equity and inclusion and will become an annual International Women’s Day tradition.

Women of Impact in Property is proudly supported by MinterEllisonRuddWatts.

A sector-wide celebration

Honourees were selected from nominations received across Aotearoa and represent a diverse range of disciplines, regions and career stages.

From large-scale urban development to community-led initiatives, governance leadership to technical excellence, each woman has demonstrated meaningful influence within the industry over the past 12 months.

Why it matters

Property is one of New Zealand’s largest industries, shaping the places where people live, work, play and connect. Recognising the contribution of women across the sector is essential to building a more inclusive, innovative and future-focused industry.

What’s next

The honourees will be celebrated at a dedicated event hosted by programme partner MinterEllisonRuddWatts in May.

NOTES

  • Women of Impact in Property is run by Property Council New Zealand.
  • The programme recognises influence, leadership, inspiration and commitment to advancing positive outcomes in the built environment.
  • The list is non-ranked, celebrating impact rather than competition.

About Women of Impact in Property

The Women of Impact in Property list celebrates the wāhine shaping the future of Aotearoa New Zealand’s built environment. Recognising leaders from across the property ecosystem – from architects and engineers to developers, investors and advisors – the initiative shines a light on the women creating meaningful impact in our industry and communities. The list is intentionally non-ranked, celebrating influence, leadership and contribution rather than competition, and highlighting the people helping build a more inclusive and dynamic property sector.

Honourees 2026

Note: This list is non-ranked and is ordered alphabetically.

Abi Richards

Project Manager, Antarctica New Zealand

Abi Richards leads complex, high-stakes infrastructure projects with calm authority, precision and deep care for the people involved. In the past year, she has progressed Antarctica New Zealand’s Wind Farm programme and Scott Base Redevelopment, providing on-ice leadership and cross-agency coordination to support globally significant climate and science research. Her briefings during the Governor-General’s official visit underscored the redevelopment’s strategic importance and international collaboration. Abi’s leadership is defined by empathy, inclusion and decisive action — whether aligning stakeholders, navigating remote logistics or mentoring peers. Operating at pace without compromising safety or integrity, she is shaping resilient infrastructure that enables communities, patients and scientists to thrive.

Alexandra Isherwood

Partner, Tavendale and Partners

Over the past year, Alexandra (Alex) Isherwood has played a pivotal role in advancing Nelson’s post-disaster recovery through strategic property development leadership. As legal advisor on four of the region’s five most significant developments – including The Meadows, Berryfields, Maitahi Village and a 320-lot residential project in Māpua – she has helped unlock critical housing supply and economic investment. Notably, she led the Fast-track Approvals process for two landmark projects, securing rare national approvals and enabling an estimated $450 million injection into the regional economy. Combining legal excellence with community stewardship, she is shaping resilient, future-focused neighbourhoods across Te Tauihu.

Ana Moriarty

Senior Investment Manager, Kiwi Property Group

Operating at the heart of Kiwi Property’s investment strategy, Ana Moriarty has played a critical role in delivering complex transactions that are strengthening investor partnerships and positioning the business for its next phase of growth. Over the past year, she led several strategically significant initiatives, including the equity investment in Mackersy, the sale of Plaza Shopping Centre, and the formation of the Mackersy Large Format Retail Fund. Her ability to navigate technical complexity, align diverse stakeholders and execute with clarity has delivered strong commercial outcomes. Through disciplined leadership and a collaborative approach, she is helping shape the future of New Zealand’s property sector.

Anna Kennedy

Director Valuation Services, FordBaker Valuation

Anna Kennedy is rapidly establishing herself as one of Ōtautahi Christchurch’s most trusted property valuation professionals. As Director of Valuation Services at FordBaker Valuation, she advises on major property portfolios, earning a reputation for technical excellence, sound judgement and professionalism well beyond her years. Alongside her professional work, Anna is strengthening the sector’s future through leadership and connection. In 2023 she co-founded the Wāhine in Property Collective, which in 2025 hosted ten sold-out events supporting women across the industry. Through both her professional expertise and community leadership, Anna is helping build a more connected and inclusive property sector.

Bernie Pitt

Quantity Surveyor, Hampton Jones Property Consultancy

Bernie Pitt has strengthened her influence in the property and construction sector through exceptional project delivery and committed industry leadership. Over the past year, she successfully led the TSB Bank flagship branch and office fit-out, navigating accelerated design, procurement pressures and tight deadlines to deliver on time and under budget – earning outstanding client feedback. As Chair of the NZIQS Wellington Committee, she delivered 28 industry events, advanced succession planning and expanded opportunities for emerging professionals. Balancing consultancy leadership, mentoring and further tertiary study focused on women’s representation in construction, Bernie is actively shaping a stronger, more inclusive future for the profession.

Chagalle Ellis

Partner, Real Estate, PwC

Chagalle Ellis is redefining what modern leadership in commercial property looks like — blending technical excellence with deeply human leadership. In 2025, she has continued to asset manage a significant $300m commercial portfolio for a charitable trust, shaping long-term strategy and driving sustained value creation. As a Partner in PwC’s Real Estate team, she delivers across advisory, structured transactions and valuation, translating complexity into clear, confident decisions. Just as importantly, she champions equity and inclusion, helping build a senior team where female leadership is the norm. Her influence strengthens portfolios, teams and the wider property sector alike.

Claire McLellan

Director, Quality and Risk Management, CBRE

Few professionals influence a sector as quietly and profoundly as Claire McLellan. In 2025, following her promotion to Director of Quality & Risk Management for CBRE’s VAS New Zealand, she has led a nationwide uplift in valuation standards, guiding more than 170 valuers through complex, high-risk decisions with clarity and integrity. She shapes national practice guidelines, champions ethical and AI-informed innovation, and strengthens capability across the business. Beyond CBRE, as NZIV President and Chairperson, she is steering the profession through structural change and raising its public profile. Through steady, principled leadership, Claire is elevating valuation practice across Aotearoa.

Davina Henderson

National Director – Strategic Business Development, Bayleys Real Estate

Davina Henderson has led one of the largest and most complex property programmes undertaken in Aotearoa in recent years. As a key architect of Bayleys’ appointment as master agent to Kāinga Ora, she helped secure and operationalise a nationwide divestment mandate covering at least 1,000 properties annually across multiple asset classes. Over the past year, she has overseen the creation of a bespoke, end-to-end delivery model ensuring governance rigour, transparency and consistent execution at scale. Alongside this national impact, Davina mentors emerging leaders and champions women in commercial real estate, strengthening capability across the sector.

Elisapeta Heta

Principal & Kaihautū Whaihanga – Māori Design Leader, Jasmax

Elisapeta Heta is reshaping architectural practice in Aotearoa and beyond by embedding Indigenous knowledge at the heart of design. As Principal and Kaihautū Whaihanga at Jasmax, she leads Waka Māia, advancing authentic co-design with Māori and Pasifika communities. Her influence spans landmark projects including the City Rail Link and Wellington’s Fale Malae, ensuring Mana Whenua narratives are integral to civic spaces. In 2025, her global impact expanded as inaugural Co-Director of the International Union of Architects’ Indigenous Peoples Work Programme — a historic first. Through cultural leadership, advocacy and mentorship, Elisapeta is redefining how architecture honours people, place and future generations.

Jane Holland

Partner, Bell Gully

Industry legend Jane Holland continues to shape New Zealand’s commercial property landscape through her leadership on complex, high-value developments. Over the past year, she has advised on a major telecommunications headquarters at Wynyard Quarter – a flagship 6-star Green Star project – and supported Vital Healthcare on significant hospital redevelopments nationwide. Beyond her legal practice, Jane chairs the Property Council’s Property Conference Committee, helping steer industry dialogue and sector capability. A trusted advisor to leading developers, owners and retailers, she also contributes as a thought leader, recently peer reviewing key industry lease documents and sharing insight across the profession.

Jane Kelly

Director / Architect, TEAM Architects

Jane Kelly’s leadership in 2025 reflects the power of architecture grounded in care, stewardship and collaboration. As Project Architect for the Metropolitan Cathedral of the Sacred Heart restoration, she guided a nationally significant heritage project to award-winning success, balancing cultural integrity with future relevance. Her aged care work, including Woburn Masonic Care, champions dignity and wellbeing through thoughtful design. Beyond projects, Jane strengthens the profession through governance leadership, mentoring and advancing diversity within TEAM Architects nationally. Generous with her expertise and steadfast in her advocacy, she is shaping enduring places, and a more inclusive future for architecture in Aotearoa.

Jenna Adamson

CEO / Director, Private Family Office / Southern Infrastructure

Jenna Adamson is advancing a new model of infrastructure and property leadership; one grounded in partnership, stewardship and long-term community value. As CEO of Rod Drury’s Family Office, she oversees property strategy and asset management across a diversified portfolio focused on strengthening enduring community assets. As Director of Southern Infrastructure, she is helping progress critical projects, including the Queenstown Cable Car and Southern Lakes Hospital, mobilising capital and expertise to de-risk delivery in fast-growing regions. Combining governance rigour with innovative thinking, Jenna is enabling infrastructure that expands access, resilience and opportunity for communities across Aotearoa.

Jennifer Andrews

Asset Manager – Retail Portfolio, Oyster Property 

Jennifer Andrews is strengthening the future of retail property through consistent investment in people and capability. Over the past year, she has contributed significantly to sector education as a presenter for the Property Council’s Retail Property Fundamentals programme, equipping emerging professionals with practical insight into investment, valuation and leasing. She mentors across multiple platforms, including the University of Auckland’s He Ira Wāhine programme, supporting women entering the industry. Alongside this, she leads a high-performing national team at Oyster Property, delivering strong financial outcomes while fostering inclusive leadership. Jennifer’s impact is defined by expertise shared generously and a clear commitment to building tomorrow’s talent.

Jenny Zhang

Shop Drawing Manager, Summerset Group 

Jenny Zhang is delivering precision and performance at the highest level of large-scale residential development. As Structural Coordinator and Shop Drawing Manager for Summerset’s $500M St Johns and Half Moon Bay projects, she has reviewed more than 3,000 shop drawings and managed over 800 RFIs — identifying buildability and coordination risks before they reach site. Her meticulous oversight of complex high-rise structures has reduced rework, improved contractor performance and safeguarded delivery timelines. Beyond project execution, Jenny mentors emerging professionals and leads diversity initiatives through NZCBIA, championing greater female participation across property and construction. Her impact is technical, cultural and enduring.

Jo Hatchman

Director – Quantity Surveyor, Hatch Consulting

Jo Hatchman is redefining the role of the quantity surveyor in Aotearoa New Zealand’s construction and property sectors. As founder of Hatch Consulting, she has grown a female-led, values-driven practice that brings contractor-side experience into strategic project advisory, helping clients make smarter delivery decisions. In 2025, her team expanded while continuing to deliver practical, commercially grounded guidance on complex developments. Jo is equally committed to strengthening the profession, delivering industry training and fostering emerging talent — reflected in multiple team award wins. Through entrepreneurial leadership and a people-first culture, she is elevating the influence and capability of quantity surveying nationwide.

Karin Speight

Sector Lead – Land Development, Principal Geotechnical Engineer, Tonkin + Taylor

Karin Speight is advancing smarter, more resilient land development across Aotearoa through engineering leadership and digital innovation. As Principal Geotechnical Engineer and Sector Lead for Land Development at Tonkin + Taylor, she guides complex projects across housing, health, education and infrastructure. Her leadership on the award-winning Whenuapai Senior Campus reflects her ability to balance technical precision with practical delivery. Beyond project work, Karin is driving innovation through digital tools that improve site selection, risk assessment and project planning, while contributing to national research on landslides and expansive soils. Through mentorship and forward-thinking engineering, she is helping shape safer and more sustainable communities.

Kerry O’Donnell

Partner, Property and Private Client, Anderson Lloyd

Kerry O’Donnell is helping guide Queenstown’s growth with foresight, integrity and deep community commitment. As a senior property lawyer at Anderson Lloyd, she has supported major residential developments in 2025, including the 750-section Kingston Village project, providing the legal framework for staged, sustainable expansion in a high-growth region. Her work across acquisitions, joint ventures and financing has strengthened development certainty while balancing environmental and community considerations. Beyond commercial practice, Kerry leads as Chair of the Queenstown Heritage Trust and serves as a trustee supporting local students, exemplifying leadership grounded in stewardship and long-term regional wellbeing.

Laura Johns

Director, RDT Pacific

Driving both project delivery and professional excellence, Laura Johns is making a significant contribution to New Zealand’s built environment. As Director and Auckland Lead at RDT Pacific, she has guided major programmes in 2025 including BNZ’s 80 Queen Street refurbishment and key public sector projects across justice, health and education. Her leadership has delivered strong outcomes for clients while supporting the continued growth of RDT Pacific’s Auckland practice. Beyond project work, Laura plays an active role in strengthening the profession through RICS chartership assessments and NZIQS interviews. Recognised as RICS New Zealand Woman of the Built Environment, she champions both industry capability and people-first leadership.

Lauren Joyce

Head of Auckland Office Portfolio, Precinct Properties

Lauren Joyce is helping shape the next generation of commercial property leadership in Aotearoa. Through her work at Precinct Properties, she contributes to complex mixed-use developments that prioritise design excellence, tenant experience and long-term community value. Known for her calm, collaborative approach, she brings investors, tenants and stakeholders together to deliver confident outcomes in high-pressure environments. Beyond project delivery, Lauren has been a driving force in advancing diversity and inclusion across the sector, chairing Property Council’s DEI Committee and helping establish the Inclusion Alliance. Blending commercial rigour with genuine care for people, she is strengthening both places and the profession.

Louise Martin

Head of Legal & Company Secretary, Auckland Airport

Louise Martin is shaping one of Aotearoa’s most significant infrastructure precincts with clarity, conviction and care. At Auckland Airport, she plays a central role in complex development, precinct planning and asset optimisation, balancing commercial performance with long-term community and cultural outcomes. Her ability to navigate competing priorities — from airlines and tenants to mana whenua and regulators — ensures projects are both visionary and deliverable. Known for her integrity and high standards, Louise champions inclusive design and authentic engagement while mentoring emerging leaders across the sector. Through strategic leadership grounded in humanity, she is influencing the future of New Zealand’s built environment.

Marilyn Storey

Head of Development, Argosy Property Limited

Marilyn Storey continues to set the benchmark for commercial property leadership in Aotearoa. As Head of Development at Argosy, she has led a pipeline of major industrial projects over the past year, targeting six Green Star Built-rated developments and embedding sustainability at scale. Operating in a complex market environment, she brings sharp commercial judgement, technical depth and decisive execution to every project, strengthening portfolio performance and long-term value. Widely recognised for her mentorship and high standards, Marilyn also shapes sector practice through her Urban Design Panel involvement. Her influence is evident in stronger assets, stronger teams and a more resilient built environment.

Mitika Chaturvedi

Sustainability Lead, Fosters Construction Group

Mitika Chaturvedi is driving measurable climate action across New Zealand’s construction sector. As Sustainability Lead at Fosters Construction Group, her leadership has contributed to a 38% absolute emissions reduction and a 90% drop in waste-to-landfill emissions since 2019–20. In 2025, she delivered a Green Star v1.1 Design Rating for the Air Liquide project within an accelerated programme, building new sustainability capability across consultants and contractors. Beyond project delivery, she champions industry-wide change — mentoring other firms on Toitū and Green Star pathways and leading New Zealand’s only construction sustainability work experience programme. Her influence is practical, scalable and transformative.

Nikki Mazur

Head of Property – New Zealand & Pacific, ANZ Bank New Zealand

Nikki Mazur is redefining how corporate property portfolios can reflect identity, culture and long-term responsibility. As lead of Tākiri Ā Nuku, ANZ’s New Zealand Property Strategy, she has embedded Te Ao Māori principles into spatial design, investment decisions and partnership models across one of the country’s largest portfolios. In the past year, she has advanced culturally grounded, accessible and future-focused property environments that prioritise people and place. Building on her previous leadership delivering inclusive national infrastructure at Waka Kotahi, Nikki brings cultural fluency and strategic foresight to every project — shaping workplaces that honour whenua and support intergenerational prosperity.

Rachel Morgan

Director, Barker & Associates

Rachel Morgan is shaping the planning frameworks that guide growth across Aotearoa. As a Director at Barker & Associates, she has led complex district plan reviews, structure plans and strategic planning projects that influence how communities accommodate development while building resilience for the future. In the past year, her leadership has helped align public policy and private sector delivery, creating clearer pathways for sustainable growth. Beyond project work, she advances wellbeing, cultural capability and technical excellence within her firm and the wider industry. Through principled leadership and sector advocacy, Rachel is strengthening both planning practice and property outcomes nationwide.

Rebecca Ryder

Partner | Landscape Architect, Boffa Miskell

Rebecca Ryder has spent more than two decades shaping property outcomes that balance growth with environmental and cultural integrity. As a Shareholder Director and Partner at Boffa Miskell, she provides landscape planning and visual assessment expertise on major developments across Waikato and the Bay of Plenty, guiding projects that integrate mana whenua values and long-term community benefit. In the past year, her leadership has continued to influence high-profile urban regeneration, industrial expansion and waterfront transformation initiatives. Through governance, mentorship and sector advocacy, Rebecca is embedding sustainability, cultural responsiveness and design excellence into New Zealand’s evolving property landscape.

Renée Young

Associate Director | New Zealand Mechanical Lead, Norman Disney & Young

Renée Young is shaping some of Aotearoa’s most high-profile developments while championing a more inclusive and culturally responsive industry. As Mechanical Lead at Norman Disney & Young, she has led building services delivery for landmark projects including New Zealand’s first IKEA store at Sylvia Park and multiple developments across the Britomart Precinct. Her leadership combines technical excellence with strong people development, guiding multidisciplinary teams through complex, high-performance projects. Beyond delivery, Renée actively mentors women in engineering, establishes supportive professional networks, and promotes cultural awareness across the sector. Through both project leadership and advocacy, she is helping redefine the future of engineering in the built environment.

Renee Smith-Apanui

Pou Tāhū | Managing Director, ŌRUA

Renee Smith-Apanui is driving structural change across Aotearoa New Zealand’s architecture and built environment sectors. As Co-founder and Pou Tāhū of ŌRUA, she champions kaupapa Māori leadership that uplifts whānau, hapū and iwi through design and governance. In 2025, she spearheaded the inaugural Puritia Te Aka Matua industry reports, establishing a new benchmark for accountability and improved outcomes for Māori architects and tauira. With an Accountability Framework set to follow, her work is shifting industry standards from aspiration to measurable change. Through governance roles, mentorship and advocacy, Renee is strengthening representation and embedding equity across the profession.

Sarah Toase

Chief Executive, Crane Association of New Zealand

Sarah Toase is strengthening the foundations of New Zealand’s construction and property sectors by tackling workforce and safety challenges head-on. In 2025, she led the establishment of a new industry-led Private Training Establishment for the crane and port sectors, securing TEC funding to address critical skills shortages impacting nationwide development. She also progressed a government-approved rewrite of the Approved Code of Practice for Cranes, modernising safety standards that underpin construction delivery. Beyond policy, Sarah champions equity initiatives and public engagement programmes that expand career pathways. Her leadership is practical, future-focused and vital to keeping Aotearoa building safely and sustainably.

Tamba Carleton

New Zealand Research Director, CBRE

Tamba Carleton is shaping how the property sector understands markets, risk and opportunity. As New Zealand Research Director at CBRE, her analysis informs major development decisions and national policy conversations. In 2025, she co-authored the nationwide Residential Valuer Insights Survey and produced influential research on effective housing demand, helping fill critical knowledge gaps in Auckland’s planning debate. Her insights regularly reach industry audiences through national media, conferences and CBRE’s annual Residential Symposium. Alongside her research leadership, Tamba mentors emerging professionals and contributes to wider community initiatives. Through rigorous analysis and sector engagement, she is elevating the quality of property market intelligence across Aotearoa.

Tessa Beetham

Wellington Buildings Structures Lead, Aurecon

In a city defined by seismic complexity, Tessa Beetham is helping redefine what resilient infrastructure looks like. As Wellington Buildings Structures Lead at Aurecon, she has guided technically demanding projects including the National Archives redevelopment and the Te Ngākau Civic Precinct upgrades, restoring vital public spaces with precision and long-term foresight. Her leadership extends beyond delivery — influencing seismic policy reform and advancing diversity as Vice President of SESOC. By bringing engineers, policymakers and communities together, Tessa is ensuring Wellington’s most important buildings are not only stronger, but smarter, more inclusive and built to endure.

About Property Council New Zealand

Property Council is the leading advocate for Aotearoa New Zealand’s largest industry – property.

Property Council New Zealand is the one organisation that collectively champions property. We bring together members from all corners of the property ecosystem to advocate for reduced red tape that enables development, encourages investment, and supports our communities to thrive.

Property is New Zealand’s largest industry, making up 15% of economic activity. As a sector, we employ 10% of New Zealand’s workforce and contribute over $50.2 billion to GDP.

A not-for-profit organisation, the Property Council connects over 10,000 property professionals, championing the interests of over 600 member companies.

Our membership is broad and includes some of the largest commercial and residential property owners and developers in New Zealand. The property industry comes together at our local, national and online events, which offer professional development, exceptional networking and access to industry-leading research. 

Our members shape the cities and spaces where New Zealanders live, work, play and shop.

www.propertynz.co.nz 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/08/women-shaping-the-future-of-aotearoa-recognised-in-inaugural-women-of-impact-in-property-list/

The House: MPs agree infrastructure debate should be politics free

Source: Radio New Zealand

Highways, hospitals, schools, etc: MPs agree politics is detrimental to infrastructure decision-making and things need to change, but can’t help getting political about it. VNP / Phil Smith

Analysis – The centrepiece of Parliament’s week was a two-hour-long special debate on the recently released National Infrastructure Plan.

The Plan is a worthy and fascinating read. The debate had a different tone to many, with general agreement that New Zealand needs to do better on infrastructure.

“They have made a compelling case for change,” Chris Bishop said, introducing the Infrastructure Commission’s work. “We face significant challenges as a country: ageing stock, a backlog of maintenance and renewals, an ageing population, and increased exposure to natural hazard events.”

MPs all agreed that infrastructure planning is too important to be tinged with politics. MPs attempted to reflect this sentiment in the amiable debate, lauding others’ observations, even across the most bitterly fractious party divides.

Credit and blame

From the start, despite genuine effort, the debate failed to avoid politics. Minister for Infrastructure Chris Bishop lauded his own government for commissioning the Infrastructure Plan. Labour speakers focused on their former colleague Grant Robertson’s role in forming the Infrastructure Commission and commissioning a strategy.

The jealous guarding of credit is likely more automatic than deliberately political. It demonstrates one of the political bidi-bidis in the sock of bipartisan endeavour – other obvious contenders are blame and parochialism.

It would be an odd politician who highlighted his opponent’s success and his own failings. Each party came up with different examples of bad political decisions. For example National’s Katie Nimon pointed to the stop-start work on the Hawke’s Bay Expressway, while Labour’s Tangi Utikere pointed to the Interislander ferry (iRex) project.

But the sniping was comparatively minimal and MPs were even buoyed by the general positivity. National’s Nancy Lu said she was impressed by the opposition’s “willingness to work together for the long term betterment of our country”. Out of context that may sound absurd, but it illustrates that MPs tend to presume the automatic rejection of any proposition by those across the political divide.

All parties agreed that politics is detrimental to infrastructure decision-making, and that things need to change. Labour’s spokesperson on Infrastructure and Public Investment is Kieran McAnulty, who called for the Infrastructure Commission to have a stronger role.

“If all Crown infrastructure went through the independent assurance process that the Infrastructure Commission has set up, then we will go a long way to avoiding the cancellation of projects that we have seen in the past.

“It is about confidence and about certainty. And one way to assure that is if we get the settings right, then it doesn’t actually matter what is going to happen at an election, because they know that infrastructure projects have been properly assessed, and nothing has been promised without an ability to pay for it.”

Chris Bishop lauded his own government for commissioning the Infrastructure Plan. RNZ/Marika Khabazi

Pork barrels and parochialism

Megan Woods, who has opted to be a list candidate in the next election, also observed a political tendency that, ironically, she will soon be freed from.

“Even in this debate, where I think we’ve had some very thoughtful contributions, we can’t have missed some of the … pork barrel politics that has underwritten infrastructure for too long in this country – that thinking being a good politician is talking about the ‘wins’ in your local patch.”

Typically, National has more electorate MPs, and in this debate they frequently lauded infrastructure projects underway on their own patches. Among them, Grant McCallum (MP for Northland) defended the imminent Northland Expressway, which had attracted strong criticism during the debate: “Is that investment a wise investment? Well, for the people of Northland, it is. And it’s because we’re making up for generations of a lack of investment.”

Green MP Julie Anne Genter had earlier noted the difficult cost-benefit choices involved, arguing that the possible cost of the Northland project was equivalent to seven new Dunedin Hospitals. McCallum wasn’t alone though. ACT’s Simon Court had earlier decried the state of the highway in Northland, while New Zealand First’s Andy Foster touted the project’s economic benefits.

The only MP who loudly decried a new road on their own patch was Green Wellington Central MP Tamatha Paul, who said of Wellington’s new double tunnel project: “if you want to save money for the people of New Zealand, don’t do that project”.

Glum projections

Despite the calls for a bipartisan approach, Labour’s MP Ayesha Verrall sounded pretty glum about the projected health needs in the report, as well as the impact of politics on their delivery. (The plan notes we are likely to need 4900 additional hospital beds by 2043, to add to the current 12,000.)

“New Zealanders want roads, they want hospitals, they want schools, they want an electricity grid that works, and yet, it’s too tempting for us to lean into the politics around infrastructure that is detrimental to us achieving those outcomes.

“I am so grateful for the thoughtful contributions that I’ve heard today that suggest something else might be possible. I don’t underestimate the challenge of maintaining this posture from here, though. How easy is it going to be, in the next seven months, to promise a road, to oppose a road, to try and make political hay out of cancelling or promoting an infrastructure project?”

Ayesha Verrall sounded glum about the projected health needs. RNZ / Samuel Rillstone

Some MPs appeared to doubt they can be collectively trusted to sufficiently eschew politics to plan infrastructure effectively, but none were suggesting that infrastructure should be entirely removed from their oversight and control.

The Infrastructure Plan is an attempt to instil strategic thinking in government planning. It is not the project ‘to do’ list that its title might imply.

  • New Zealand’s first national infrastructure plan unveiled
  • It is a fascinating read though, full of revealing details of the sorts of things that should guide investment decisions. For example, in education, projections suggest an increase in school-aged Māori, while Pākehā school-aged populations decline (possibly meaning an increased demand for Māori immersion schools); while a shifting population distribution has led to 11 percent of schools (224 schools) being less than 50 percent utilised.

    The Infrastructure Plan looks forward 30 years. A few MPs referred to climate change and referenced ‘resilience’, but no one raised the potentially politically unpalatable impacts of three decades of accelerating weather events and coastal inundation. No one raised whether, for example, some of our significant coastal infrastructure will become physically or financially impossible to retain, and the implications of that on local populations.

    The Infrastructure Plan can be found here.

    The Hansard record of the debate can be found here.

    * RNZ’s The House, with insights into Parliament, legislation and issues, is made with funding from Parliament’s Office of the Clerk. Enjoy our articles or podcast at RNZ.

– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/08/the-house-mps-agree-infrastructure-debate-should-be-politics-free/

New Dunedin Hospital’s ‘approved budget’ higher than government claimed

Source: Radio New Zealand

The new Dunedin Hospital build site. RNZ/Tess Brunton

The approved budget for the new Dunedin Hospital (NDH) is just over $2 billion, though the government continues to use a figure $174 million less than that.

The newly revealed budget is $2.05b, while the government as recently as Wednesday said it was $1.88b.

The difference was revealed in a report released by Treasury this week. Treasury then pulled the report to check if it had revealed commercially sensitive information. It had not, and it was republished on Friday.

The report gave the ‘approved budget’ at Dunedin as $1.614b for the inpatients block and $440m for outpatients – $2.054b altogether.

This was based on Health NZ data given to Treasury for the latest quarterly investment report (QIR) covering June-September 2025, that it has released.

The QIR also said fragmented oversight and “limited visibility” threatened to undermine the project.

A spokesperson for Health Minister Simeon Brown said the project had an “approved total budget” of $1.88b.

The higher “approved budget” included a contingency for cost overruns, and an option to fully fit out a floor (that might otherwise be empty) that the lower figure does not, Treasury told RNZ.

Such details were “not routinely published”, it said.

But it did publish them, on Tuesday in the QIR. Realising this, Treasury called RNZ midweek asking it to hold off reporting the $2.054b figure. RNZ agreed.

“It was brought to our attention that commercially sensitive information may have been released as part of the QIR documents,” it said.

“In such cases, Treasury’s practice is to remove the document in question from the website while we investigate and ascertain whether the information is commercially sensitive before re-publishing.”

It was not. Treasury republished the QIR on Friday but told RNZ it expected to blank out three other small parts after it turned out these might be commercially sensitive.

“The government has previously announced a cost of $1.88b that related to the NDH Inpatients and Outpatients Building,” it told RNZ on Thursday evening.

“Health NZ has informed us the additional cost of $174m was not included in the $1.88b announcement as it related to costs for project level contingency and preserving future optionality.”

Asked for comment about the difference on Thursday, Brown said only that “the government is committed to delivering the New Dunedin Hospital” and referred RNZ to Treasury’s statement.

The hospital project was bedevilled early on by bad oversight, official reviews showed. The government cut it back in 2026 to hit the newly imposed $1.88b target, sparking public protests, warning otherwise it might escalate to $3b.

Protesters say the lower South Island will pay for any cuts made to the new Dunedin Hospital. RNZ / Tess Brunton

But by September 2025 the project was still fraught, according to the Treasury QIR based on data from Health NZ.

“New Dunedin Hospital (Inpatient Building) has reported an 18-month delay,” the report said.

“The Treasury and the Investment Panel share concerns that the fragmented governance of the whole NDH programme and limited visibility of the NDH Inpatients project has the potential to undermine effective oversight and implementation of the investment.”

It recommended Brown get it looked into. The report gave a December 2029 end date for the inpatients build, but last September Brown said “practical completion” would be in 2030 and it would actually open to patients in 2031.

Brown’s spokesperson told RNZ he had a review done last August of inpatients by an independent panel appointed by Treasury.

“The review made seven recommendations to strengthen delivery, and those recommendations have been accepted and are being actioned.”

RNZ has asked for a copy of the review.

Brown’s office said the government had appointed a Crown manager to “strengthen governance and ensure clear accountability for delivery” and Health NZ reported back regularly to the minister.

The government was focused on delivering the project whereas Labour only announced it, “without a credible delivery plan”.

Professor Robin Gauld, a close observer of the build who has an honorary role at the University of Otago, said, “It’s an unfortunate of affairs and no surprise that Treasury now has this on their radar, with a number of significant risks and high likelihood of a budget blowout.

“It could be comparatively straightforward if our politicians would understand that the public expects them to work together across administrations on multi-year projects such as this.

“Our lot unfortunately just don’t get it. They would rather see hundreds of millions of dollars wasted while blame-shifting.”

Gauld said the country was missing a long-range hospital planning unit like Singapore had, and also missing a joint oversight framework like in Finland that joined key politicians with project managers and construction companies.

The QIR showed for the September 2025 quarter the inpatients project spent only about a third of what had been forecast it would spend in those three months, and had so far spent just 1 percent in total of its $1.6b budget. The further-advanced outpatients, due to open later this year, spent 62 percent of forecast in the quarter.

Brown’s office said the digital programme for outpatients was “on track” while the digital infrastructure phase for inpatients was being prepared for joint ministerial approval.

Simeon Brown. RNZ / Mark Papalii

The QIR also put the Nelson Hospital redevelopment project two in the category “successful delivery in doubt”.

Last month Health NZ shrugged off ‘red’ warning alerts on the Nelson and Dunedin projects contained in the QIR for the previous April-June 2025 quarter.

In Auckland, the Specialised Rehabilitation Centre at Manukau Health Park was way overdue, the QIR said.

Brown’s spokesperson said this project was progressing, with a tender seeking information input completed and a tender for actual proposals to build it coming up.

“Labour announced this project without a clear plan to deliver it, much like the Middlemore Hospital recladding project which was announced in 2018 but never started.

“This government got that project underway last year and we are taking the same approach to ensuring the Manukau rehabilitation centre is delivered.”

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/06/new-dunedin-hospitals-approved-budget-higher-than-government-claimed/

ASB wins Morningstar Fund Manager of the Year – KiwiSaver award

Source: ASB

Morningstar has named ASB as KiwiSaver Fund Manager of the Year New Zealand for 2026, rewarding the strong fund performance achieved for its nearly half a million KiwiSaver members during 2025.

ASB Chief Investment Officer Frank Jasper says that this independent endorsement is a real vote of confidence for ASB’s KiwiSaver members.  

“As one of the country’s largest KiwiSaver providers, we take great responsibility and care in managing our customers’ money and take the trust they place in us very seriously.

“Every investment decision we make is with the goal to help New Zealanders have confidence in their financial future – whether that’s saving for retirement or buying their first home.” says Frank.  

ASB’s Growth, Moderate, Balanced and Conservative KiwiSaver funds all achieved top quartile returns for both one and three year rolling periods. ASB Moderate and Conservative funds also ranked number one in their categories for 1-year returns to 31 December 2025 according to latest Morningstar’s latest KiwiSaver report December 2025, showcasing ASB’s strength across the range of investment strategies and risk profiles.

The funds’ strong performance, particularly during a year of volatility and unpredictable markets, reflects a carefully curated and disciplined long-term investment approach, in partnership with world-class fund manager BlackRock.

“We will continue to innovate and build out our investment capability to deliver even stronger outcomes for our customers, while empowering savers and investors to make the right decisions that’ll help them grow and achieve their long-term goals.” says Frank.  

Matt Olsen, Morningstar Australasia’s Director, Manager Research, said “It’s fair to say that 2025 was a challenging year to navigate. There were inflation surprises, geopolitical uncertainty, and growth uncertainty. Compounded by a market displaying valuations disconnected from fundamentals, it made it a challenging year, even for the best investors.

“Despite this, our nominated fund managers demonstrated an ability to deliver quality, high-performing investments and have stood above peers with exceptional returns over the longer term.” concludes Olsen.

For more information about the Morningstar Awards for Investing Excellence in New Zealand: Morningstar Awards for Investing Excellence New Zealand 2026: Winners Announced | Morningstar

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/asb-wins-morningstar-fund-manager-of-the-year-kiwisaver-award/

The Strategic Importance of Latin America

Source: New Zealand Government

[Speech to the New Zealand Innovation Showcase, Brasilia, Brazil, 5 March 2026]

Executive Secretary and Deputy Minister Elias, excellencies, distinguished guests, tēnā koutou katoa, boa noite, good evening.

We want to acknowledge the senior New Zealand bipartisan political delegation joining this mission:

Hon Carmel Sepuloni, Deputy Leader of the Opposition
Hon Nicole McKee, Minister for Courts
Hon Damien O’Connor, Opposition Spokesperson for Trade
Mr Tim van de Molen, Chair of the Foreign Affairs, Defence and Trade Select Committee

We are also joined by a wide range of New Zealand companies active in Brazil. Some of their senior representatives have travelled with us from New Zealand, others are based here in Brazil, and a few have come from other parts of Latin America. They bring innovative solutions to essential sectors in Brazil – solutions for infrastructure, energy and resources, healthcare, defence, and agriculture.

All of these companies share a common thread: New Zealand’s reputation for innovation, practical solutions, and world-class quality.

It therefore is a great pleasure to formally open this New Zealand Innovation Showcase.

It’s wonderful to be back in Brazil. New Zealanders have long admired your country. For us, way down at the bottom of the Southwest pacific, just north of the penguins, Brazil has always grabbed our imagination. The mighty Amazon, the world’s lungs, its great river, and within its vast canopy, the greatest biodiversity anywhere on the planet. We admire the vibrant rhythm and flair of your people, and, of course, the magnificent history of your football team.

The first New Zealand football team to qualify for the World Cup was in 1982, after our team survived 15 gruelling matches just to qualify for the world’s premier sporting event. When the draw came out, with Brazil in our group, we all wondered how our team could hope to compete against a Brazilian side containing brilliant, world class players like Éder, Falcao, Júnior, Sócrates and Zico.

Well, you were very respectful of New Zealand that day, only scoring four goals against us, for which we remain grateful. Such was the euphoria New Zealanders felt to be even on the same pitch as your team, our capital’s then leading newspaper declared after the big loss that ‘Four years ago it would’ve been 20-0!’

In 1982 you were the best team at the tournament, but you didn’t win. New Zealanders understood your pain 13 years later, when a great All Blacks rugby team, the best performer at the 1995 Rugby World Cup, faltered at the final hurdle. That day we understood how Brazilians felt in 1982.

It was also an honour to meet Pelé in 2006, at FIFA’s invitation for that year’s World Cup Final in Berlin. Pelé came to define Brazilian football with his sublime skill, the freedom and excitement with which he played, his resilience and determination during his long career, and the way he carried himself on the pitch with a grace that only the most gifted can reach.

We would now like to turn attention to another important topic for all of us here: New Zealand’s relations with Latin America.

Though a vast ocean, and the imposing Andes, separate New Zealand from Brazil, we share important values – a commitment to democracy, the international rule of law, multilateralism, and a vision to create, however imperfectly, a future that sustains and nourishes our children and their children’s material needs, and whose environment and climate is tended to with a serious duty of care. Brazil’s demonstrated this duty of care during its recent impressive hosting of COP 30.

Twenty twenty-six marks the 25th anniversary of the establishment of the New Zealand Embassy here in Brasilia, and the 62nd anniversary of our diplomatic relations.

We have, since coming into office, led a highly active diplomacy, focusing most particularly on our own region, the Pacific, and in South and Southeast Asia. Now is the time, we believe, to build on our history in South America to elevate our diplomatic and economic relationships with your continent.

We do so because those of us who have history together, who share common beliefs, and possess the same essential values, must strengthen our bonds as we work to protect institutions that have, for all their imperfections, helped to sustain conditions of global peace for 80 years. We come as friends wanting to talk about the work ahead.

That is also why we are here as a cross-party delegation, alongside our business delegation, to signal as clearly as we can, that boosting our relationships with Brazil and with your Latin American neighbours is a goal on all sides of New Zealand politics.

This commitment is not made lightly, nor is it merely a response to the current regional and global disruptions we face. It is a recognition from New Zealand that we have not done enough in past decades to grow our relations, and we are resolved not just to improve them, but to transform them.

That will take time, and this is just the beginning, but we are keen to move fast as we find those areas where our people can mutually benefit from our governments and businesses’ greater collaborations and partnerships.

We see Latin America as an important partner in addressing major global challenges, including building climate resilience, and boosting food and energy security.

We also share serious concerns over the ever present and fast-growing threat of transnational organised crime. We also share in the urgent need to protect and promote effective rules-based multilateralism and trade architecture.

Put simply, New Zealand cannot expect to be able to progress initiatives in the international arena without Latin American cooperation – be that in the United Nations, Antarctic Treaty System, APEC, or on trade. Your region matters enormously for us.

As we say, continuing to build our relationships with the region is a strategic choice for New Zealand.  It is why we have a sizeable network of diplomatic missions spread across the region, and why we have held a series of foreign policy consultations over the last year. Our Latin American partnerships matter.

And this is again why we considered it important to undertake this rare cross-parliamentary, business and cultural mission to the region. Within a geo-strategic environment that is changing rapidly and is hugely challenging, deepening our engagement with Latin America is critical for achieving our enduring objectives of ensuring:

A sustainable future, a prosperous and resilient future, and a stable, safe, and just future – for your people and ours.

A sustainable future

We recall first visiting Brasilia almost 20 years ago now as Foreign Minister, when President Lula was leading your country.  Back then we spoke about how Brazil was emerging as a political superpower. Today, Brazil is viewed as a leader in the multilateral space at a time of profound geopolitical change and challenge.

Brazil’s hosting role convening COP30 and the G20 reveals your country’s ability to bridge divides and foster dialogue among diverse partners, large and small. Brazil can feel proud in showcasing how committed it is to inclusive, forward-looking solutions on climate resilience, economic governance, and global security.

In our meetings here, with Minister Vieria, Ambassador Amorim and Deputy Minister Elias, we agreed that this is something we all need to do if we are to be successful in defending and advancing the international rules-based order on which our shared security and prosperity rely.

In an era where consensus is increasingly elusive, the ability to convene, lead, and inspire collaboration is indispensable. We have been saying in multilateral and bilateral fora that never has diplomacy been more needed than now. We need to talk more, listen more, even to those with whom we might not agree. But from more diplomacy, more listening to other perspectives, we see a path towards greater understanding between nations.

Our time here in Brasilia was preceded by visits to Buenos Aires and Montevideo, where we similarly spoke with President Milei and President Orsi on the fundamental importance, indeed necessity, of boosting global cooperation and effective coalition-building with our Latin American and other partners.

Our shared interest in preserving the Antarctic as a zone of peace and science was a key topic, following on from New Zealand’s hosting late last year of an Antarctic Parliamentary Assembly. It was the first time the assembly was held in the Southern Hemisphere, and we were thrilled to be able to attract parliamentarians from across Latin America, including from Argentina and Uruguay.

While the Antarctic Treaty has been maintaining peace and promoting scientific collaboration for close to seven decades, the region is not immune to the impacts of the geopolitical landscape. Protecting the Antarctic is as important to us as protecting your vast rainforest is to you, as both have impacts on our global climate’s health.

We must work together to ensure the long-term protection of the Antarctic as a natural reserve devoted to peace and science, which supports our shared security and prosperity.  As such, we were especially pleased to sign a new Antarctic Cooperation Arrangement with Uruguay while we were in Montevideo, and to take the pulse of the one we have with Argentina while in Buenos Aires.

Chile, where we will visit next, is also a gateway nation to Antarctica and a close partner when it comes to protecting it, as well as our shared oceans – in fact, it was at the United Nation’s “Our Oceans Conference” that we last met with our Chilean Foreign Minister counterpart.

New Zealand’s relationship with Chile is a close and longstanding one.  Last year, we marked our 80th anniversary of diplomatic relations. It is a relationship that was sealed back in 1945 when we were both proud founding members of the United Nations, an institution where we have worked so long and so closely with Latin American partners.  And we will continue to do so.

We have highlighted in speeches at the United Nations that the United Nations’ system is facing unprecedented challenges that have built up over time. We urged the United Nations leadership and members to work seriously to achieve long overdue but necessary reforms that help to reduce the vulnerabilities the UN currently faces. Do more with less, and be effective, by focussing on its core purpose to improve its impact and delivery.

The next UN Secretary will have a significant role in carrying forward the all-important reform process.          

New Zealand is already supporting that effort through its co-leadership of the United Nations mandate review, and we will work closely with Latin American countries to ensure this aspect of United Nations reform is fit for purpose for another 80 years.

Another key success of our Latin American partnerships has been positioning ourselves at the vanguard of developing innovative future-focused trade architecture. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a great example of this. In the early 2000s, Chile and New Zealand led the creation of the high-quality and comprehensive P4 Agreement. It was then expanded into the Trans-Pacific Partnership (bringing onboard Mexico and Peru), and it has subsequently transformed into what now has global reach and influence with the accession of the United Kingdom, and others – including Costa Rica, Uruguay and Ecuador – seeking to do so.

Innovative leadership on trade rules gives small and medium-sized trading nations like New Zealand and many of our Latin American partners a larger, more influential voice in shaping the international trade environment that we all depend on.

Alongside CPTPP, we have successfully collaborated on a range of modern trade agreements.  The latest offering is the innovative Future of Investment Partnership, which we were pleased to launch last year alongside a range of partners, including Chile, Mexico, Uruguay, Paraguay, and Peru.

At a time when the international rules-based system is facing multiple challenges, open, rules-based trade is more important than ever, whether through CPTPP, Mercosur, or other platforms such as the Pacific Alliance – which New Zealand remains keen to join as an Associate Member when appropriate.  Open, rules-based trade is critical for our shared future prosperity.

A prosperous and resilient future

There is so much more we should be doing to grow our shared prosperity. For New Zealand, Latin America remains a region of significant untapped trade potential where we can and want to do more, including in terms of diversifying our trading base.

Latin America represents the world’s fourth-largest economy – US$6.34 trillion – almost twice that of India.  Latin America is home to 660 million people with high education levels; large middle classes; sizable youth populations; and an abundance of natural resources.

In fact, it holds half of the world’s biodiversity, a quarter of its forests, and a substantial share of minerals essential to the twin digital and low carbon transitions. The region’s sheer size and resources present significant opportunities for New Zealand businesses looking to diversify beyond the Indo-Pacific and traditional markets.

The New Zealand Government is aiming to double its export value by 2034.  And this is why we are joined on this Latin America Mission by a delegation of New Zealand business leaders.  Our time here also dovetails our Minister of Trade’s successful mission to São Paulo in October 2024, which saw us achieve a $100 million trade boost from the 13 arrangements signed. They covered a broad range of sectors, including technology, healthcare and advanced manufacturing, showcasing New Zealand’s diverse offerings and a growing regional interest in New Zealand expertise.

Here in Brazil, our volume of trade is not huge, but it is fresh and exciting. That’s because, in Brazil, New Zealand is not known as a source of high-volume primary goods, but instead as a high-quality technology exporter successfully engaging in areas where we can add real value, by raising productivity, efficiency and profitability for our Brazilian customers and partners.

And this brings me to the theme of the Innovation Showcase here today: Accelerate Brazil, with its focus on boosting commercial opportunities through greater engagement in the technology sector.

Among the success stories featured here today is Tait Communications.  Tait entered the Brazilian market back in 2006, and it has since become a strong regional player, which is challenging the market share of larger, US-based companies such as Motorola, to provide communication and security solutions in the mining and defence sectors. Over the years, Tait’s business has seen remarkable growth, and it has turned its headquarters here in Brazil into a regional hub for its operations in South America.

As demonstrated by some of the businesses here with us today, including Livestock Improvement Corporation and Gallaghers, there is also, we think, a great opportunity for further engagement in agritech.  Though New Zealand has previously been viewed as a competitor, there appears to be an increasing awareness of the value of collaborating with us in the agriculture sector – something which is backed by New Zealand’s record of helping to improve the productivity and sustainability of small, medium, and large dairy producers in the region.

By example, back in 2007, when we last visited, New Zealand also first invested in the Kiwi Group dairy farm in Goiás state.  The operation has since gone from strength to strength, showing how New Zealand pasture-based sustainable production systems can be adapted to Brazil’s climate conditions – and with great success. The farm is now the largest milk producer in the state and will shortly inaugurate a new modern farm.

There are also other similar Kiwi-Brazilian collaborative farming stories, including in Bahia. We hope we can do much more with Brazil and other partners across the region in the agricultural and other sectors, as the benefits of New Zealand agritech products and systems become better-known.

As demonstrated at this showcase, New Zealand is well-placed to provide a broad range of focused, smart solutions that enable increased productivity and efficiency, and therefore economic development, in sectors of strategic importance throughout the region, such as technology-driven service solutions that support export agriculture, the mining industry, and other sectors including IT, retail, healthcare and film.

On the film sector, we signed with the Brazilian Foreign Minister yesterday a Brazil – New Zealand Audio-Visual Co-Production Agreement, which aligns with our Government’s 

“Going for Growth” economic strategy.  The agreement allows approved film and television projects to gain the status of official co-productions, entitling them to the benefits accorded to national productions in each of the co-producer’s countries. New Zealand’s co-production agreements with partners worldwide have delivered tangible benefits for our local film industry, and we have every expectation that this will be the case here too.

Indeed, tonight, we are pleased to have here with us an exemplar of what can be achieved in this area in the person of David Schurmann, a Brazilian New Zealander who produced and directed the film Little Secret – a film that Brazil submitted to the foreign-language category of the Oscars back in 2016.

New Zealand is eager to ensure that the implementation of the agreement is a success, and LANZBC – which is with us on this mission – will shortly host a film webinar, alongside the New Zealand Film Commission and Brazil’s ANCINE.

We were also pleased to sign yesterday a refreshed Education Cooperation Arrangement with Brazil. Education and research have long been an important strand of our relationship with Brazil and the broader region. All eight New Zealand universities are ranked in the top two percent globally and prior to COVID, we hosted some 25,000 students from the region each year to further their education and research.

While those numbers are still rebuilding, we are very keen to see that this vital exchange of our best and brightest youth continues to grow.

A safe, secure, and just future

Beyond our diplomatic and economic relations, we see value in shoring-up our relationships with Latin American partners to help protect and advance national, regional and international security. Collectively we are facing the most challenging strategic environment in 80 years. Geostrategic competition, armed conflict and the instability it causes, and transnational organised crime are all on the rise. No region is immune, although nor has there ever been better appreciation about how inter-connected our regions are.

Given this context, it is critical we actively contribute and work together towards global peacebuilding and security. And we have a track record of doing so in the past: from WW2, where the “Smoking Snakes” of Brazil fought courageously at Monte Castello in the north of Italy, whilst New Zealand troops did the same at Monte Cassino in the south; to today, where we have units working together in contemporary peacekeeping missions, such as with Uruguay and Colombia, and in the Multinational Force and Observers in the Sinai.

New Zealand calls for democracy, human rights, and the rule of law to be upheld in Venezuela, and that all political prisoners and others arbitrarily detained to be released. The people of Venezuela must determine their country’s political future.

We have also been a steadfast supporter of Colombia’s 2016 peace agreement. While New Zealand was President of the UNSC, we co-sponsored resolution 2261, which established a UN political mission to monitor and verify the bilateral ceasefire between the Colombian Government and FARC. This has been followed by New Zealand supporting post-conflict demining efforts, including a contribution made last year to the UN Multi-partner Trust Fund for sustaining peace in Colombia, also focussing on demining efforts.

More recently, the New Zealand Government agreed a comprehensive plan to disrupt and prevent drug exports to New Zealand and Pacific Islands, with the Islands vulnerable to the dreadful poison of drugs. We’ve established new offshore liaison positions to increase collaboration with our international partners, because it’s one battle we cannot afford to lose.

Latin America countries share our concerns about transnational organised crime and are key partners in the fight against it.  We are pleased to announce that one of those new offshore liaison positions will be based in Bogotá with a regional remit, working alongside the Australian Federal Police, and embedded with the Colombia National Police.

A positive global future requires a Latin America that is safe, secure, active, and prosperous, and we look forward to strengthening our engagement with Brazil and other partners in the region on these important issues.

Closing Remarks

The key objective for our mission is to reinforce both bilaterally and across the region the value we are attaching to our Latin American partnerships.  No country or region on its own can satisfactorily or sustainably address the multiple challenges we face today.  We need to work hard to collaborate more politically, commercially, and through people-to-people links.

Indeed, promoting our growing people-to-people links remains one of the best ways we can deepen and broaden our collaboration. In that regard, New Zealand was pleased to support the launch of the new airlink between Auckland and Buenos Aires, and we hope more such direct linkages will be possible in the future.

The last 25 years has seen the welcome emergence of a steadily growing Latin American community in New Zealand. It now numbers more than 38,000 and they make an outsized contribution to the vibrancy and value of our country.  Many thousands have been supported to experience New Zealand through our working holiday schemes with Argentina, Brazil, Chile, Mexico, Peru and Uruguay, which are hugely popular. Perhaps a few more of your footballers might like to join them.

We encourage young New Zealanders, too, to take up the opportunity to travel between our countries and forge life-long experiences and connections, which in turn will strengthen our bonds.

Muito obrigado,

muchas gracias,

thank you and kia ora mai tātou.

 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/the-strategic-importance-of-latin-america/

New overseas investment rules inject billions into local economy

Source: New Zealand Government

The Government’s work to boost overseas investment and remove barriers to doing business with New Zealand is delivering billions for the local economy and Kiwi businesses, Associate Finance Minister David Seymour and Immigration Minister Erica Stanford says.

Starting today, many decisions under the Overseas Investment Act will be made in under 15 working days, with a target of five, thanks to a new two-track system, Mr Seymour says.

“These changes build on major success speeding up consenting under the old law. Since our Government was elected, we’ve reduced the average processing time by 60 per cent, from 71 working days to 28.

“In the past year $7.82 billion worth of investment applications have been processed. These law changes, passed last year and coming into effect today, will help bring even more money into the country.

“To balance the need for speed with the need to screen risky investments, we’ve created a two-speed pathway. Low risk applications don’t have to jump through the same hoops as higher risk ones. This approach is a win-win speeding up most consents while freeing up time to scrutinise those that are risky.

“The law says decisions on all investments except residential land, farmland and fishing quota must be made within 15 working days, unless there is a potential national interest concern, but the target is five working days. Residential land, farmland and fishing quota will continue going through existing pathways.

“If the five day target is met, then most investment decisions will be made fourteen times faster than the average consenting time when we were first elected.

“Even at 15 days, this law will result in most consents being processed five times faster than they were before our Government took office. It is a statement that we welcome our friends around the world investing in New Zealand. We see it as a vote of confidence in New Zealand when people want to send their money here. 

“This reform is about getting capital to productive businesses faster. International investment is essential for economic growth. It provides access to capital, know how, and technology that grows New Zealand businesses, enhances productivity, and supports higher paying jobs.

“If we want to be a high-income economy, we must have access to the pools of capital and know-how from overseas investors. We may be an island nation physically, but we cannot afford to isolate ourselves economically. Overseas investment is vital to reaching our goal of economic growth.”

Ms Stanford says Active Investor Plus visas applications are growing every day, with the ‘golden visa’ now set to deliver almost $3.5 billion from 589 high-value investor applications. 

“Following our changes to the golden visa, we’ve had an enormous jump in applications, and over $3 billion in investment set to be delivered,” Ms Stanford says. 

“Overseas investors through Active Investor Plus can now buy houses in New Zealand over $5 million. There is a lot of extraordinary talent and we welcome that. The changes today are another step to help remove barriers for people who want to come and help grow New Zealand.

“Kiwi businesses have incredible potential and the Government is committed to backing them, to grow new technologies, open export markets, and create high-demand, highly paid jobs for Kiwis. We’ve opened the country for business to help build the New Zealand of the future – one which Kiwis and our next generations absolutely wasn’t to be a part of.

“We’re committed to creating more opportunity for New Zealanders, and I’m pleased that the Government’s changes are opening up access to capital that will make a meaningful difference for New Zealand.”

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/06/new-overseas-investment-rules-inject-billions-into-local-economy/

The Money Awards by Money20/20 Unveil Global Jury Presidents

Source: Media Outreach

The awards, which debuted in 2025, have quickly become one of the industry’s most‑watched benchmarks for innovation and meaningful impact.

Building on that momentum, the 2026 program expands its global reach and deepens its commitment to spotlighting organizations that are transforming industries and driving the next wave of financial innovation. Judging is conducted through a rigorous, merit‑based process led by a diverse panel of leaders from fintech, banking, payments, venture capital, and technology. The global award ceremony will take place at Money20/20 USA in Las Vegas on Sunday, October 18.

“The Money Awards were built with one clear goal: to set a global standard for what excellence in fintech actually looks like,” said Grania Chesterton, VP of Awards at Money20/20. “What makes them different is who decides. Our Jury Presidents and Global Jury are the operators, founders and innovators building this industry in real time. To be recognised by them isn’t just a win, it signals to the market, your peers and the world that your work truly matters.”

This year’s program centers on five main award categories that reflect the priorities shaping the future of financial services.

Each category is led by a distinguished Jury President representing global expertise across financial services and technology. An independent Global Jury will join them and evaluate submissions through a transparent, multi‑stage process, including online assessments and in‑person deliberations at Money20/20 USA in October 2026.This year’s Jury Presidents include:

Diamond Award Category: Leading the program’s most prestigious category, Mary Ellen Iskenderian, President & CEO, Women’s World Banking, brings decades of global influence in financial inclusion to her role as Jury President for the Diamond Award category.

“The Money Awards 2026 come at a time of rapid industry transformation, where innovation must be both bold and inclusive. The Diamond category sets the highest standard, recognizing work that not just advances financial services but also revolutionizes what is possible. I am honored to lead this year’s Jury and to celebrate organizations that are elevating global standards for outstanding achievement and meaningful progress.” said Mary Ellen Iskenderian, President & CEO, Women’s World Banking.

Startup (Early Stage & Growth Stage): Overseeing the Startup category, Osama Bedier, Investment Partner, NYCA Partners, draws on his deep experience as a founder, operator, and investor to champion the next generation of fintech innovators.

“Every decade or so, a technology shift reshapes how money moves — from the web, to mobile and now to AI. The most important breakthroughs rarely start inside large institutions; they begin with founders willing to rethink first principles. The Money Awards 2026 shine a spotlight on those founders and teams pushing our industry into its next era. Leading the Early & Growth Stage jury gives me the chance to champion the bold ideas, the hard‑won progress, and the extraordinary execution that will determine the future of money. It’s a privilege to recognize the people who are not just imagining what comes next, but actively creating it” saidOsama Bedier, Investment Partner, NYCA Partners.

Banking: Shruti Patel, EVP, Business Banking; Chief Product Officer, U.S. Bank, leads the Banking category and draws on her experience building products and leading U.S. Bank’s business banking solutions portfolio.

“Banking is evolving rapidly, and it is essential to develop solutions that build trust, boost resilience, and deliver real value to customers. I am honored to chair the Banking jury for 2026 and look forward to recognizing innovators who demonstrate what purposeful and ambitious modern banking can achieve. The Money20/20 Money Awards celebrate the visionaries reshaping financial services—from digital pioneers to those expanding access and opportunity to help drive economicgrowth. We’ll be recognizing institutions that prove modern banking can be both technologically sophisticated and deeply human-centered.” Said Shruti Patel, EVP, Business Banking; Chief Product Officer, U.S. Bank

Payments: As Jury President for the Payments category, Dave Excell, Founder, Featurespace, a Visa Solution, leverages his pioneering work in fraud and risk technology to spotlight breakthroughs shaping global money movement.

“The payments ecosystem stands at a pivotal moment where innovation, security, and customer experience must converge to create truly holistic solutions. As technology reshapes how we transact, the need for adaptive, real-time fraud detection has never been greater. I’m excited to serve as Jury President for the Payments category at the Money Awards, where we’ll celebrate the pioneers driving this evolution. We’ll be recognizing companies that understand what drives the best payment experiences to make them accessible to all.” said Dave Excell, Founder, Featurespace, a Visa Solution

Partnerships & Strategic Alliance: Leading the Partnerships & Strategic Alliance category, Garry Sien, Chief Innovation & Solutions Officer, International, Ant Digital Technologies, brings a global innovation lens shaped by his work driving Ant Digital Technologies’ international strategy.

“The Money Awards 2026 highlight just how much collaboration fuels progress across the global financial ecosystem. Partnerships and strategic alliances are where vision turns into real‑world impact, bringing together diverse strengths, shared ambition, and the willingness to build something superior to what any one organisation could achieve alone. I am proud to lead this year’s Jury as we recognize the cross‑industry collaborations that are creating new value, accelerating AI innovation, and moving financial services forward worldwide.” said Garry Sien, Chief Innovation & Solutions Officer, International, Ant Digital Technologies.

The program will conclude with the announcement of the 2026 Money Awards Trophy winners at Money20/20 USA. Additional recognition moments at Money20/20 Europe and Money20/20 Asia will provide global visibility for honorees. Winners will receive a bespoke trophy and year‑round exposure across Money20/20’s platforms, including exclusive speaking opportunities, media coverage, investor visibility, and access to global networking at all Money20/20 events.

Applications for entries are now open. For details on categories, judging criteria, and entry instructions, visit www.money2020.com/awards.

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

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

LiveNews: https://livenews.co.nz/2026/03/05/the-money-awards-by-money20-20-unveil-global-jury-presidents/

Nominating committee for the Guardians of New Zealand Superannuation appointments

Source: New Zealand Government

Two new appointments have been made to the nominating committee for the Guardians of New Zealand Superannuation, alongside two reappointments, Finance Minister Nicola Willis says.

Experienced corporate leaders Tim Mitchell and Juliet Tainui-Hernandez have been appointed.

Committee Chair Michelle Tsui, and committee member Mark Butcher have been reappointed to their roles from August 1 this year.

The committee identifies and recommends highly qualified candidates for the Guardians of New Zealand Superannuation Board which oversees the NZ Super Fund and the Elevate NZ Venture Capital Fund.

“Tim Mitchell brings strategic oversight, recruitment expertise, and a strong understanding of the NZ Super Fund’s governance framework, alongside global investment community connections to identify effective governance candidates,” Nicola Willis says.

“Juliet Tainui-Hernandez is an internationally connected executive leader with 25 years’ experience in legal and financial services. She has governance, risk management, sustainability, and human capability expertise.”

Mr Mitchell’s and Mrs Tainui-Hernandez’s terms began on 1 March this year.

Ms Tsui has been on the committee since 2018 and Chair since August last year.

Mr Butcher has served on the committee since May 2018.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/05/nominating-committee-for-the-guardians-of-new-zealand-superannuation-appointments/

Tax Reform – Report shows wealth tax practical and necessary to address increasing inequality

Source: Tax Justice Aotearoa

5 March 2026, 6:30am – Taxing wealth is a practical and necessary step to address increasing inequality, according to a research report released today by Tax Justice Aotearoa and the Better Taxes for a Better Future Campaign.

The report by Tayla Forward shows that a well-designed and enforced wealth tax can help restore progressivity to New Zealand’s tax system and generate significant revenue to better fund the public goods and services we all rely upon, but which are crumbling with the weight of underfunding.

“In 2023 IRD research found the wealthiest 311 families paid an effective tax rate of 9%, while ordinary people who earn their income from work or welfare pay 20% on average. That’s because our tax system relies too much on income tax and GST, and does not tax wealth in any meaningful way. This report shows that if we get the settings right a wealth tax is a practical and necessary step in addressing this unfairness,” said Glenn Barclay, spokesperson for Tax Justice Aotearoa and the Better Taxes Campaign.

“Right now ordinary people are contributing more to our collective pool of resources, even though the wealthiest benefit just as much – if not more – from our public goods and services. At the same time, by not taxing wealth we are making inequality worse, enabling the ultra rich to claim an ever greater share of our wealth. Treasury analysis shows the wealthiest 1% of New Zealanders now hold 26% of all assets, while the poorest 50% own just 2% of assets.”

“This increasing inequality is undermining the living standards and opportunities for ordinary people, making it harder for people to ever have enough to buy a home or save for retirement,” said Barclay.

“Poll results released yesterday by Better Taxes Coalition member the Wellbeing Economy Alliance showed that 68% of people support higher taxes on the ultra rich. And that’s the focus of wealth taxes – the ultra rich – we’re not talking about taxing the hard-earned income of doctors, builders and small-business owners. The poll indicates that the public are ready for taxes on wealth, if properly explained.”

As set out in the report, a net wealth tax:

is an annual tax levied on the net wealth (assets minus debt) that a taxpayer owns above an exemption threshold – e.g. $2m, $5m, $10m. No one with net wealth below the threshold is liable for the tax, and those liable are only taxed on their wealth beyond the threshold – net wealth up to the threshold is exempt;
usually has a low rate – the report considers rates between 1-2% – but still generates revenues in the billions of dollars; and
can be designed to address potential evasion and avoidance, and cashflow/liquidity issues. Further, much feared capital flight is largely “unproductive financial shuffling”, rather than real productivity losses.

“As Tayla Forward states in the report, there is a compelling case for wealth taxation to generate revenue we need to fund our communities, and to address wealth inequality and the concentration of economic power, which undermines living standards, as well as our democratic system and economic efficiency,” said Barclay.

“Further, the report is clear that it is possible to design and implement wealth taxes in ways that address common issues experienced overseas. The real question is whether our leaders are prepared to make the political commitment necessary to ensure ordinary people can still realistically work towards owning their own home, supporting their family and a comfortable retirement, with the support of properly funded public goods and services.”

Summary report (4 pages): https://www.tjanz.org/r?u=eBilUhG948Co9Gi-inm0OY9XASxVKg60q4ZRoYNfpPZ8joQaczigWFV1L8q3of6DGLwf3Uh46z34qDw9Wtu7bDUsf5HxzvRrQlTbSL0t7UEjAsPDS2l7edtBvfViZ40Z&e=a058f8e1b0ba0a060f4e57ba89e35ae1&utm_source=tja&utm_medium=email&utm_campaign=wealth_tax_report&n=6

Full report: https://www.tjanz.org/r?u=eBilUhG948Co9Gi-inm0OY9XASxVKg60q4ZRoYNfpPb3XZQq7itcKD-bsC2kNrf-nbMRK4IVy-zqMqrEmSmFv3DieTzEE6UGTF3DZUmmS8Oy0LTLgX0O7O3YdUIg7S4m&e=a058f8e1b0ba0a060f4e57ba89e35ae1&utm_source=tja&utm_medium=email&utm_campaign=wealth_tax_report&n=7

About the report author:

Tayla Forward (Ngāpuhi) is a researcher in economics and political economy based in Tāmaki Makaurau. Fellow of the World Inequality Lab, postgraduate student at the Paris School of Economics, and a research associate at Victoria University of Wellington and at the University of Canterbury. Formerly analyst at the Treasury and Private Secretary to the Minister of Finance.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/05/tax-reform-report-shows-wealth-tax-practical-and-necessary-to-address-increasing-inequality/