Business
Matavera’s new two storey commercial hub to open soon
Friday 17 January 2025 | Written by Melina Etches | Published in Business, Local, National
In Matavera, the smallest district by land size on Rarotonga, a new two storey building “Te Waka” is set to redefine the local landscape with its mix of culinary delights, island apparel and commercial opportunities.
Visitor arrivals on track to rival record numbers
Thursday 16 January 2025 | Written by Rashneel Kumar | Published in Business, Economy, National, Tourism
Visitor arrivals in 2024, with December figures yet to be released, have surpassed the total arrivals of 2023 and are on track to rival the record number set in 2019.
Partitioning -Balancing land use with Customary Values
Monday 13 January 2025 | Written by Supplied | Published in Business, National
Partitioning land in the Cook Islands is both a practical and meaningful process, offering a unique opportunity to align traditional land rights with modern economic and social needs. This method involves dividing land into small portions, defining new boundaries, and deciding who can own or use the land among family members. While the process can be complex, it holds great potential to make the best use of land and support both family and community wealth, writes Natalie Tikitau.
Location, Location, Location: Cook Islands’ land value in sights
Monday 6 January 2025 | Written by Supplied | Published in Business, National
Most have heard the maxim: “Location, Location, Location”.
Positive trends in the Cook Islands property market
Monday 30 December 2024 | Written by Supplied | Published in Business, Features, National
November’s 2024 visitor arrivals and migration numbers are continuing on a positive trend, driving a solid economic recovery in the Cook Islands. Visitor numbers reached 13,419, showing a 7.7% increase over last year, with notable rises from Australia, Europe, and the USA. Beyond tourism, the return of 732 Cook Islanders and a net gain of […]
Families navigate inflation, businesses stock up for festive season
Tuesday 24 December 2024 | Written by Talaia Mika | Published in Business, Economy, Local, National
As Christmas approaches, local families and businesses in Rarotonga are feeling the seasonal buzz. While the island’s shops are busy preparing for the influx of shoppers, families are making sure they have everything needed for the festive season.
Christmas stock lost in devastating Mangaia fire
Tuesday 24 December 2024 | Written by Melina Etches | Published in Business, National, Outer Islands
Over the weekend, a blazing fire in Oneroa, Mangaia, originating from faulty electrical wiring destroyed a shop, a storage building and the neighbouring home.
Staying on budget in Cook Islands construction
Monday 23 December 2024 | Written by Supplied | Published in Business, Features, National
Embarking on a construction project in the Cook Islands is an exciting venture, but it comes with its own set of financial challenges. While sticking to a construction budget is indeed possible, it requires more than relying solely on square meter cost estimates. Some key basic knowledge is necessary at the start of your project […]
Cousins bring cool treats
Monday 23 December 2024 | Written by Talaia Mika | Published in Business, Local, National
Tiki Ice Cream Café, the new ice cream shop located near the airport in Nikao, is offering a refreshing addition to the area’s food scene.
Police to increase visibility during holiday season: PM Brown
Saturday 21 December 2024 | Written by Talaia Mika | Published in Business, Crime, Local, National
Prime Minister Mark Brown has emphasised the government’s ongoing commitment to strengthening community policing following a recent attempted burglary in Avarua.
Promoting local crafts for Christmas gifts
Friday 20 December 2024 | Written by Melina Etches | Published in Business, Culture, National
As the festive holiday season approaches, the spirit of giving and community shines brighter than ever.
Bank urges caution against scams during festive season
Friday 20 December 2024 | Written by Supplied | Published in Business, Economy, National
With the festive season underway, ANZ Cook Islands is reminding customers in the Pacific to be vigilant against scammers who take advantage of this busy time of year.
Mother jailed for stealing thousands from elderly
Friday 20 December 2024 | Written by Talaia Mika | Published in Business, Court, National
A former employee of the Bank of South Pacific has been sentenced to 17 months in prison after admitting to eight charges of theft.
Trust industry booms in Cook Islands
Thursday 19 December 2024 | Written by Losirene Lacanivalu | Published in Business, National, Parliament
The trust industry has proven to be resilient, robust and growing over the past four years from 2020 to 2023, according to the Cook Islands Financial Services Development Authority Report 2023-2024.
Shell-ebrating creativity: Pensioner promotes local culture through handicrafts
Thursday 19 December 2024 | Written by Talaia Mika | Published in Business, Culture, Local, National
A retired Cook Islander is making use of the abundant resources from the sea to create unique and culturally inspired handicrafts.
Mother sentenced to six months in prison for stealing over $90,000
Tuesday 17 December 2024 | Written by Talaia Mika | Published in Business, Court, Crime, National
A former Vodafone Cook Islands employee has been sentenced to six months’ imprisonment and 12 months’ probation after being convicted of theft as a servant.
Business valuations: Commercial property and business value
Monday 16 December 2024 | Written by Supplied | Published in Business, National
Whether you’re a roadside nu vendor or the proprietor of a million-dollar resort, the fundamentals of business valuation remain consistent.
Bill to fix company re-registration loophole referred to NZ Parliament Counsel Office
Monday 16 December 2024 | Written by Losirene Lacanivalu | Published in Business, National, Parliament
The Companies Amendment Bill 2024, aimed at rectifying a legal loophole hindering company re-registrations, has been recommended for review by the New Zealand Parliamentary Counsel Office to identify potential unintended consequences before proceeding.
Tribunal revokes price order, raises fuel costs after ‘error’
Thursday 12 December 2024 | Written by Talaia Mika | Published in Business, Economy, National
The Price Tribunal has issued a new price order for petrol and diesel almost a month after issuing the previous one, increasing wholesale and retail prices across the board.
Cook Islands sees surge in suspicious activity reports
Thursday 12 December 2024 | Written by Losirene Lacanivalu | Published in Business, National, Parliament
The Cook Islands Financial Intelligence Unit (FIU) received 72 suspected activity reports (SARs) in the 2023-2024 financial year, the majority of which were domestic.
