Economy
Assessing the Asian Infrastructure Investment Bank
Thursday 25 August 2022 | Written by Supplied | Published in Economy, National
The establishment of the China-led Asian Infrastructure Investment Bank (AIIB) in 2016 – and the decision by Western donors, with the notable exceptions of the US and Japan, to join it – seems somewhat remarkable from today’s vantage point.
Cooks to reach ‘80k visitors by March’
Wednesday 24 August 2022 | Written by Matthew Littlewood | Published in Economy, National
Tourism numbers should be soon reaching close to pre-Covid-19 peaks, according to the Cook Islands Tourism Corporation’s regional boss.
Tourism key to economic recovery
Wednesday 24 August 2022 | Written by Matthew Littlewood | Published in Economy, National
Rising inflation will likely hit many Cook Islanders in the back pocket, but a top economic advisor says the island nation’s economy should soon experience a significant uptick.
Spike in fuel prices making commodities and services costlier
Wednesday 24 August 2022 | Written by Caleb Fotheringham | Published in Economy, National
A report by the Asian Development Bank (ADB) says the Pacific’s remoteness will compound the price increases of commodities caused by the war in Ukraine.
Tylor to promote new finance product
Monday 22 August 2022 | Written by Supplied | Published in Economy, National
Rarotonga lawyer Reuben Tylor will be promoting Cook Islands’ newest international finance product on the market, the International Relationship Property Trust (IRPT), in an event in Singapore.
Cook Islands Tourism aims to boost visitor numbers with trade focused campaign
Wednesday 17 August 2022 | Written by Supplied | Published in Economy, National
The Cook Islands’ tourism chief has urged Britons to return to the destination as it launches a campaign to draw visitors.
Cook Islanders struggling with rising cost of living
Wednesday 17 August 2022 | Written by Matthew Littlewood | Published in Economy, National
A major Cook Islands consumer survey has revealed that many are struggling with the rising cost of living.
Govt to ‘move very quickly’ in legalising medicinal cannabis
Friday 12 August 2022 | Written by Matthew Littlewood | Published in Economy, National
Prime Minister Mark Brown says the overwhelming favourable response to the cannabis referendum will allow the Government to move quickly in legalising medicinal cannabis and opening up further research.
Ministry to deliver workshop aimed at addressing unfair working conditions
Tuesday 9 August 2022 | Written by Sian Solomon | Published in Economy, National
The Ministry of Internal Affairs’ Labour and Consumer inspectorate will begin offering Workplace Induction sessions at the end of this month, to help employers and employees better understand their rights in the Cook Islands.
Establishment of Human Rights Institute proposed
Tuesday 9 August 2022 | Written by Matthew Littlewood | Published in Economy, National
The Ombudsman’s Office of the Cook Islands is looking to establish a Human Rights Institute.
Celebrating 57 years of self-governance
Wednesday 3 August 2022 | Written by Melina Etches | Published in Economy, National
Mangaia will feature dancers as young as 12 years of age in the 2022 Te Maeva Nui cultural festival tonight at the National Auditorium.
Cook Islands owes Air New Zealand money in overpaid tax
Wednesday 3 August 2022 | Written by Caleb Fotheringham | Published in Economy, National
Cook Islands Revenue Management Division owes Air New Zealand money following a case in the High Court.
Former Queens Representative and economist slam Cook Islands Party tax policy
Saturday 30 July 2022 | Written by Caleb Fotheringham | Published in Economy, National
A New Zealand economist says Cook Islands Party’s tax relief policy to citizens in the outer islands could be prone to “gaming”.
MFEM strategy release ‘apolitical’
Wednesday 27 July 2022 | Written by Matthew Littlewood | Published in Economy, National
A release about the latest strategy for Ministry for Finance and Economic Management (MFEM) has not breached any rules around public service neutrality, the Public Service Commissioner says – but opposition parties beg to differ.
Tourism industry ‘making hay while the sun shines’
Monday 25 July 2022 | Written by Matthew Littlewood | Published in Economy, National
The Cook Islands recorded a very busy June, with visitor numbers increasing more than 50 per cent on May, but accommodation providers are wary of the months ahead.
Government welcomes Forum hosting but remains mum about costs
Saturday 23 July 2022 | Written by Matthew Littlewood | Published in Economy, National
Cook Islands authorities are mum on the likely cost of hosting the Pacific Island Forum in 2023, and the process it went through in order to successfully bid for it.
CIIC prioritises $60m civic centre project
Thursday 21 July 2022 | Written by Matthew Littlewood | Published in Economy, National
More than 400 people are expected to be employed in the construction of the multi-million-dollar Vaikapuangi civic centre project, but a construction start date is yet to be finalised.
Petrol prices increase by over 10 percent
Saturday 16 July 2022 | Written by Matthew Littlewood | Published in Economy, National
Motorists will experience extra pain at the pump, as petrol companies deal with a price order upping the wholesale price of petrol to retailers by more than 10 per cent.
PR ‘something to treasure’
Saturday 16 July 2022 | Written by Caleb Fotheringham | Published in Economy, National
Tears of joy were shed as 237 people were granted Cook Islands permanent residency (PR) at the National Auditorium on Friday morning – nearly 10 years after the last ceremony.
Youth reps off to Honolulu for Young Pacific Leaders Forum
Saturday 16 July 2022 | Written by Matthew Littlewood | Published in Economy, National
Keisha Dais and Maru Mariri-Tepou are off to Honolulu in Hawaii to represent the Cook Islands at the Young Pacific Leaders Forum.
