Economy
Atiu resort shares success: $101k dividend boosts island community
Tuesday 19 December 2023 | Written by Rashneel Kumar | Published in Economy, National, Outer Islands
A resort in the Pa Enua has paid out over $100,000 in dividends to the island residents, demonstrating a commitment to giving back to the local community.
Agriculture gears up for export
Tuesday 19 December 2023 | Written by Losirene Lacanivalu | Published in Economy, Local, National
Ministry of Agriculture, in collaboration with New Zealand’s Ministry of Primary Industries, has developed a roadmap for exporting fresh produce from the Cook Islands to New Zealand.
Seabed regulations: Public input ends, future updates planned
Monday 18 December 2023 | Written by Losirene Lacanivalu | Published in Economy, Environment, National, Parliament
Cook Islands concludes public consultation for seabed mineral exploration guidelines, while the Prime Minister emphasises exploration’s potential for future prosperity and responsible resource extraction. Losirene Lacanivalu reports.
Lack of coordination between utility providers ‘putting pressure on our people’
Monday 18 December 2023 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament
A Memorandum of Understanding (MoU) is expected to be signed by four major utility companies in the coming weeks, confirmed Albert Nicholas, Minister for Infrastructure Cook Islands and Cook Islands Investment Corporation (CIIC).
$300,000 in arrears : 47 businesses lag on Cook Islands Covid loan
Monday 18 December 2023 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament
Local businesses are nearly $300,000 behind on payments of the $6.9 million loan issued by the Cook Islands Government to support them during the 2020 Covid-19 pandemic.
Cook Islands’ international profile soars with COP28 and Forum leadership: Brown
Monday 18 December 2023 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament
Cook Islands’ profile on the international stage has never been higher than it is today, says Prime Minister Mark Brown.
Level playing field concerns raised over ‘temporary’ Starlink licence
Monday 18 December 2023 | Written by Rashneel Kumar | Published in Economy, National, Technology
Government cannot restrict local Starlink users from accessing its services despite the provider yet to conclude consideration of a localised service product and corporate presence for the Cook Islands market.
Considering the 2023 Tainted Cryptocurrency : Recovery Bill Civil liberties, privacy and due process
Saturday 16 December 2023 | Written by Melina Etches | Published in Economy, Features, National, Weekend
This week the 2023 Tainted Cryptocurrency Recovery Bill was tabled in Parliament and referred to a select committee for consideration and report. Cook Islands crypto expert, Ano Tisam says the Bill, making its way through Parliament, raises some serious concerns about civil liberties, privacy and due process. Melina Etches reports.
New Aitutaki crane boosts cargo capacity
Saturday 16 December 2023 | Written by Melina Etches | Published in Economy, National, Outer Islands
The Cook Islands Ports Authority’s new crane in Aitutaki will lift the current weight restriction of 20 tonne to 25 tonne, allowing importers and the people of the island to add more tonnage of goods to containers.
PAC chair Elikana demands transparency on public funds
Saturday 16 December 2023 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament
The chair of the Public Accounts Committee (PAC) has called for stricter accountability and transparency in the use of public funds by government entities, state-owned enterprises, and Crown agencies.
MFAI offices to close for day as staff get time off following ‘heavy year’
Saturday 16 December 2023 | Written by Al Williams | Published in Economy, Local, National
Ministry of Foreign Affairs and Immigration (MFAI) offices will close on Monday as staff take the day off.
High growth, high prices: Economy bounces back, but inflation bites hard
Saturday 16 December 2023 | Written by Rashneel Kumar | Published in Economy, National, Parliament
Cook Islands’ resurgent economic growth post-Covid-19 has been overshadowed by an unprecedented surge in inflation, with prices rising by 13 per cent over the past year. Rashneel Kumar and Losirene Lacanivalu reports.
Statistics attachment boosts Maritime’s data management
Friday 15 December 2023 | Written by Melina Etches | Published in Economy, National
The Maritime Safety Authority databases will now be managed and used more effectively, thanks to upskilling attachment training within government agencies.
Browne struggles to get answers over $640,000 vessel charter
Friday 15 December 2023 | Written by Al Williams | Published in Economy, National, Parliament
Opposition leader and Rakahanga MP Tina Browne has made little progress over the course of two days, in trying to get answers from Pukapuka MP Tingika Elikana about a $640,000 charter vessel which left Rarotonga on Wednesday bound for Pukapuka.
Cook Islands to crack down on crypto with new Recovery Bill
Wednesday 13 December 2023 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament
A new Bill that will enable Government to seize and forfeit cryptocurrency will be tabled in Parliament this week.
Maritime Cook Islands denies vessels linked to North Korean smuggling networks
Wednesday 13 December 2023 | Written by Rashneel Kumar | Published in Economy, National
Maritime Cook Islands (MCI) has shot down suggestions that Cook Islands-registered vessels are linked to North Korean “smuggling networks”.
PM defends Cabinet expansion
Wednesday 13 December 2023 | Written by Rashneel Kumar | Published in Economy, National, Parliament
Increased demands and workload prompt the government’s proposal to expand its Cabinet from six to eight members, says the Prime Minister. Rashneel Kumar reports.
WCPFC20 ends with mixed results
Tuesday 12 December 2023 | Written by Rashneel Kumar | Published in Economy, Environment, National, Pacific Islands, Regional
Hosts Cook Islands expressed satisfaction with the outcomes of the 20th Western and Central Pacific Fisheries Commission (WCPFC20), which concluded over the weekend.
‘No guts’: Senior lawyer slams proposed cannabis legislation
Tuesday 12 December 2023 | Written by Al Williams | Published in Economy, Health, National, Politics
A senior lawyer has lambasted proposed legislation supporting availability of cannabis in the Cook Islands, saying it has ‘no guts’.
Pukapuka ferry trip for diaspora costs $640,000
Tuesday 12 December 2023 | Written by Al Williams | Published in Economy, Local, National, Outer Islands, Regional, Samoa
A Samoan passenger ferry chartered by the Cook Islands government for $640,000 is scheduled to arrive in Rarotonga today and take 160 New Zealand and Australia based people of Pukapuka descent to the northern island. Al Williams reports.
