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


TTV believes tariffs will lead to conservation of water

Friday 1 November 2024 | Written by Losirene Lacanivalu | Published in Economy, Environment, Local, National

Rarotonga’s water Authority, To Tatou Vai (TTV) says evidence has shown that throughout the Pacific, if a tariff is introduced water consumption will decrease and people will begin to conserve water.

Economy


New roadwork $5.9m budget for Nikao

Tuesday 29 October 2024 | Written by Losirene Lacanivalu | Published in Economy, Local, National

Infrastructure Cook Islands has appropriated a budget of $5.9million for roadworks to be utilised mostly on improvement of the Nikao road in the current financial year, says the ministry’s secretary Elizabeth Wright-Koteka.

Economy


TAU under fire, defends actions

Saturday 26 October 2024 | Written by Talaia Mika | Published in Economy, Local, National

Cook Islands’ power authority, Te Aponga Uira (TAU) has finally explained and provided an update on the electrocution incident which injured four of its staff in August. This comes after months of attempts by Cook Islands News to obtain a factual explanation and an update on the scandal.

Economy


Codeshare partnership opens new doors for Cook Islands Tourism

Thursday 24 October 2024 | Written by Rashneel Kumar | Published in Economy, National, Tourism

A new codeshare partnership between Air Rarotonga and Air Tahiti Nui is expected to enhance air travel connectivity between the United States and the Cook Islands via French Polynesia.

Economy


Airport offers support to Samoa amid CHOGM rush

Wednesday 23 October 2024 | Written by Talaia Mika | Published in Economy, National, Regional, Samoa

The Airport Authority Cook Islands (AACI) is open and ready to assist Samoa, which is hosting the 27th Commonwealth Heads of Government Meeting (CHOGM) in Apia this week.

Economy


Multimillion-dollar hangar project to improve capacity and efficiency

Wednesday 23 October 2024 | Written by Melina Etches | Published in Economy, National

The Airport Authority Cook Islands (AACI) is set to improve its operational capabilities with the introduction of a new multipurpose (M1) building designed to accommodate tenant ground handling, service equipment and cargo.

Economy


Fifth weekly Sydney flight to Rarotonga announced

Wednesday 23 October 2024 | Written by CI News Staff | Published in Economy, National, Tourism

A fifth weekly flight between Sydney and Rarotonga will be added next year, providing a significant boost to tourism in the Cook Islands.

Economy


Cooks PM assures new passport won’t affect constitutional ties with New Zealand

Friday 18 October 2024 | Written by Talaia Mika | Published in Economy, National

Prime Minister Mark Brown has defended the proposal of a Cook Islands passport, addressing concerns about its potential impact on New Zealand citizenships and responding to comments made by New Zealand Deputy Prime Minister Winston Peters.

Economy


Cook Islands launches new international business registry

Tuesday 15 October 2024 | Written by Supplied | Published in Economy, National, Technology

The Cook Islands Financial Supervisory Commission (FSC) has launched a new international entities registry to improve anti-money laundering and combating the financing of terrorism compliance.

Economy


PM proposes Cook Islands passport at Ariki meeting

Tuesday 15 October 2024 | Written by Melina Etches | Published in Economy, National

Various national issues, including the introduction of a Cook Islands passport, changes to the country name and anthem, resolving traditional title disputes and support for seabed minerals exploration, were discussed at the 53rd Session of Te Kura Nui A Te Are Ariki last week.

Economy


Public Accounts Committee calls for transparency in CIIC budget process

Tuesday 8 October 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament

The Public Accounts Committee (PAC) has advised the Cook Islands Investment Corporation (CIIC) to disclose all anticipated income during the budget process and to Parliament.

Economy


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