Economy

A convoluted legal saga involving a Cook Islands trust has recently been reported on in the US, invoking a description of the Cook Islands as “a unique debtor’s haven”.

The sponsors of the 2018 Air New Zealand Cook Islands Tourism Awards have been commended by Tourism Industry Council president Sue Fletcher-Vea for making this year’s event an outstanding success.

The Expedia Group Lodging team will be joining the Cook Islands Tourism Global Breakfast Update (GBU) tomorrow in Rarotonga.

Lyon on forum sub-committee

Friday May 11, 2018

Stephen Lyon has been elected the private sector representative on the Pacific Islands Forum's Specialist Sub-Committee on Regionalism (SSCR).

American magazine Global Traveler has named the Cook Islands as the best island in the Pacific Rim, for the third time in as many years.

The Cook Islands would welcome discussions with China on how the two countries could potentially explore developing their own trading relationship, says Queen’s Representative Tom Marsters.

Chinese market proves tricky

Friday May 04, 2018

Various challenges are putting a stumbling block against the Cook Islands Tourism Corporation’s aim to fully tap into the burgeoning Chinese tourist market.

The Cook Islands’ moderate per capita income level and relatively low government debt burden support the country’s “B+/B” sovereign credit ratings.

Cook Islands’ inclusion in a list published by Forbes earlier this year of “the 33 cheapest places to travel in 2018” has prompted some discussion online as to whether or not being labelled “cheap” is actually good publicity for the country.

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