Economy

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.

Business owners will get the opportunity to flourish and grow when the Pacific Business Mentoring Programme returns to Rarotonga next month.

Bank South Pacific have no plans to change current products and services to Westpac Cook Islands when they take over the bank in the middle of this year. 

 The Cook Islands Police Service must be congratulated for catching and prosecuting two men who committed a large number of crimes against tourists, says Cook Islands Tourism Corporation chief executive Halatoa Fua.

Henderson to be top man at MFEM

Saturday March 21, 2015

Garth Henderson has been appointed Financial Secretary of the Ministry of Finance and Economic Management (MFEM) effective from the end of this year.

The Cook Islands’ financial system was praised by the International Monetary Fund at a two-day meeting of Pacific finance ministers and reserve bankers which began on Rarotonga yesterday.

New Cook Islands coins are set to save the government money and add to the country’s national identity.

Cook Islands Minister of Finance Mark Brown was in Australia this week to officially strike the Cook Islands’ new coins, set to be released later this year. 

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