Economy

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.

Business


Cook Islands aims to future-proof tourism with legislative overhaul

Saturday 14 December 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Tourism

Cook Islands Tourism Corporation is undertaking a legislative review to modernise the tourism framework, aligning it with sustainable tourism practices and addressing challenges like workforce development and destination management.

Economy


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.

Business


Cooks delegation returns from roundtable talks

Saturday 7 December 2024 | Written by Supplied | Published in Economy, National

Australia recently hosted a Cook Islands delegation, under a tailored programme themed around connectivity, with delegates traveling to Sydney, Uluru, Canberra, Brisbane, and Lady Elliot Island to share perspectives and strengthen ties.

Economy


Controversy over water bills- Tourism Industry Council calls for ‘dry run’

Friday 29 November 2024 | Written by Losirene Lacanivalu | Published in Economy, Local, National, Tourism

The Tourism Industry Council has suggested that the first water bill issued this month be treated as a ‘dry run’ due to concerns about the fairness and transparency of the new water billing system.

Economy


Feeling the heat: Consumers shocked by massive gas price hike

Thursday 28 November 2024 | Written by Talaia Mika | Published in Economy, National

The price of LPG cooking gas has significantly increased due to various factors including delayed freight supply and ongoing inflation, impacting businesses and consumers.

Economy


RMD ‘system error’ annoys taxpayer

Saturday 23 November 2024 | Written by Losirene Lacanivalu | Published in Economy, National

A businessman in Rarotonga is annoyed with the Cook Islands tax department for a taxation blunder they’re calling a ‘system error’.

Economy


Trade policy framework revised after nearly a decade

Tuesday 19 November 2024 | Written by Talaia Mika | Published in Economy, National

The Cook Islands Trade Policy Framework (TPF), last reviewed in 2015, is undergoing a revision to reflect the country’s evolving economic priorities.

Economy


Airline on-time reliability and worst cancellations revealed

Monday 18 November 2024 | Written by Talaia Mika | Published in Economy, National, Tourism

The reliability of Air New Zealand and Jetstar flights has seen improvement as spring approaches, though around 20 per cent of flights remain delayed, with a notable number of cancellations.

Economy


Govt consultations in NZ for Cook Islanders

Friday 15 November 2024 | Written by Supplied | Published in Economy, Environment, National, New Zealand, Regional

The Cook Islands Government, led by Prime Minister Mark Brown, is preparing to engage with Cook Islands communities across Aotearoa New Zealand from November 18 to 22 in a week-long diaspora consultation.

Economy


Cooks and Australia superannuation MOU

Friday 15 November 2024 | Written by Losirene Lacanivalu | Published in Economy, National

Cook Islands government has signed a superannuation agreement with Australia allowing returning Cook Islanders to retire and transfer their superannuation savings easily to the Cook Islands National Superannuation Fund.

Economy


Shared Cook Islands and France legacy honoured

Thursday 14 November 2024 | Written by Supplied | Published in Economy, National

Cook Islands Ministry of Foreign Affairs and Immigration (MFAI) Secretary, Tepaeru Herrmann, met with Her Excellency Laurence Beau, Ambassador of the French Republic to the Cook Islands, at MFAI offices yesterday.

Economy

BCI signs with the Green Climate Fund

Monday 11 November 2024 | Written by Supplied | Published in Economy, Local, National

Bank of the Cook Islands (BCI) is now accredited as a National Direct Access Entity accredited for Project management and on-lending and/or blending (for loans) following a signing ceremony at the Green Climate Fund (GCF) headquarters in South Korea.

Economy


Cook Islands host visits from Chile and Cuba

Monday 11 November 2024 | Written by Supplied | Published in Economy, National

Chile and Cuba share longstanding ties with the Pacific region, and an accreditation ceremony for both countries was held last week reflecting the Cook Islands’ commitment to enhancing its diplomatic and cooperative relations with both nations.

Economy


First Pacific Aviation Safety Office (PASO) Council Meeting in Cook Islands

Saturday 9 November 2024 | Written by Melina Etches | Published in Economy, National, Pacific Islands, Regional, Technology, Tourism

Council members of the Pacific Aviation Safety Office (PASO) from 16 Pacific States gathered in the Cook Islands for the first time for the fourth PASO Council Meeting on November 4-6.

Economy


Investment forum oversees assets of $100b

Saturday 9 November 2024 | Written by Melina Etches | Published in Economy, National, Pacific Islands, Regional

The two-day Pacific Islands Investment Forum (PIIF) opened on Tuesday serving as a platform for stakeholders across the Pacific Islands to gather, share insights, and work together on investment opportunities that can drive sustainable growth in the region. Together, the PIIF industry group of 20 Superannuation, Provident, Trust, and Sovereign Funds in 12 countries across […]

Economy


Positive visitor demand to end of year

Friday 8 November 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Tourism

Cook Islands Tourism forsees a positive demand for visitors to travel to the Cook Islands through to the end of this year.

Economy


PM Brown congratulates President Trump

Thursday 7 November 2024 | Written by Losirene Lacanivalu | Published in Economy, National

As the United States (US) welcomes its elected President Donald Trump, Cook Islands Prime Minister Mark Brown says he looks forward to fostering the relationship between the US and Cook Islands based on formal diplomatic relations signed last year.

Economy


TAU admits responsibility

Thursday 7 November 2024 | Written by Talaia Mika | Published in Economy, National

Rarotonga’s power authority, Te Aponga Uira (TAU) has confirmed that the four workers who were recently electrocuted and injured will receive compensation after investigations revealed significant breaches in standard operating procedures.

Economy


 I don’t expect much change: PM Brown on US Elections

Wednesday 6 November 2024 | Written by Losirene Lacanivalu | Published in Economy, National

Prime Minister Mark Brown says both the Democrats and Republics have similar policies on the Indo-Pacific and he does not expect much change when the United States next president is confirmed. Losirene Lacanivalu reports.

Economy


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