Economy

Vaka immortalised in gold

Thursday May 28, 2015

The essence and spirit of the traditional vaka has been immortalised in the form of a new Cook Islands’ $5 gold coin.

Impressed with bank

Tuesday May 19, 2015

An impressive display of technology and customer service was on display at the Bank of the South Pacific (BSP) in Papua New Guinea last week. 

Japan will be the focus of efforts to boost Cook Islands tourism later this month.

Bank South Pacific (BSP) says it is waiting for a few more regulatory approvals before fully acquiring the banking operations of Westpac in Samoa, Cook Islands, Solomon Islands, Vanuatu and Tonga for $125 million.

A Pacific Islands Regional Initiative (PIRI) aimed at increasing financial inclusion in the Pacific Islands is being launched this week.

In a bid to reverse depopulation trends in the Cook Islands, the Chamber of Commerce is offering a free workshop for locals wanting to start new businesses.

Tax officer here to help

Friday May 01, 2015

When you meet bright young Chiavanni Le’Mon, it is hard to believe some people are intimidated by her job.

But the new Ministry of Finance and Economic Management (MFEM) tax advisory officer says she wants people to understand she is here to help with tax education, not debt collection.

Le’Mon has been in the role under the Revenue Management Division (Tax and Customs) since the end of last year, and says there has been some confusion in the community about her role, and apprehension about taxes in general.

Workers stand by wage demands

Thursday April 30, 2015

The Cook Islands’ Workers Association still stands by their claim that cost of living adjustments (COLA) are essential within private and public sector to cater for a decent, fair, liveable wage.

Financial Secretary Richard Neves has hit back at demands from the Cook Islands Workers Association.

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