Economy
MFEM urges companies to be ‘transparent’ with surcharges
Thursday 15 September 2022 | Written by Caleb Fotheringham | Published in Economy, National
As cost of living issues rise, the Ministry for Finance and Economic Management (MFEM) is urging companies to be transparent in their implementation of surcharges.
Electricity bills to rise
Wednesday 14 September 2022 | Written by Caleb Fotheringham | Published in Economy, National
Electricity bills are set to increase significantly in Aitutaki and Rarotonga next month as high fuel prices force power entities to pass the price onto consumers.
Metcalfe appointed director for economic planning
Monday 12 September 2022 | Written by CI News Staff | Published in Economy, National
The Ministry of Finance and Economic Management (MFEM) has appointed senior macroeconomist Tristan Metcalfe as the new director for economic planning.
Supply chain issues continue to hamper Rarotonga’s supermarkets
Thursday 8 September 2022 | Written by Matthew Littlewood | Published in Economy, National
Prime Foods managing director Daniel Forsyth said being at the end of the supply chain had proved a hinderance to the store.
Staff and supply shortages continue as tourism climbs
Thursday 1 September 2022 | Written by Matthew Littlewood | Published in Economy, National
Tourist numbers are the highest they’ve been all year with August looking good too but one accommodation provider says he’s conscious of staff being burnt out because of staffing issues.
Cook Islands drums up business from the ultra-rich in Monaco
Thursday 1 September 2022 | Written by Caleb Fotheringham | Published in Economy, National
Cook Islands Finance and Maritime Cook Islands are off to the Monaco Yacht Show to drum up business from the world’s elite this month.
ADB expands Cook Islands presence
Tuesday 30 August 2022 | Written by CI News Staff | Published in Economy, National
The Asian Development Bank (ADB) joined the Government of the Cook Islands in an inauguration ceremony to officially open ADB’s Cook Islands Pacific Country Office (PCO) in Rarotonga.
Air NZ ‘to open as many flights as possible’ to Cook Islands
Friday 26 August 2022 | Written by Caleb Fotheringham | Published in Economy, National
Air New Zealand’s website shows ‘no seats available’ for some dates around Christmas time but the airline says they are working to open ‘as many flights as possible’ to the Cook Islands during the festive season.
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.
