Economy
Transition to low-carbon economy
Monday 31 May 2021 | Written by Supplied | Published in Economy, National
Citing the country's seabed minerals resources, Prime Minister Mark Brown says the Cook Islands can play a major role in supporting the global transition to a low-carbon economy.
‘Eye opener’ for sole traders
Monday 31 May 2021 | Written by Caleb Fotheringham | Published in Economy, National
Cook Islands Chamber of Commerce has been running a series of bookkeeping courses to prepare business owners for future sole traders grants.
Rental cars and taxis gearing up for business
Friday 28 May 2021 | Written by Alana Musselle | Published in Economy, National
Transportation services around Rarotonga were forced to come to a grinding halt last year when border closures meant their main source of revenue, tourists, would no longer be around to hire out their rental cars and motorbikes.
Chamber seeks further cash support for private sector
Friday 28 May 2021 | Written by Emmanuel Samoglou | Published in Economy
The government has signalled current Covid-19 financial support measures are set to wind down at the end of June, but the Cook Islands Chamber of Commerce believes a number of businesses will require some form of support beyond that date.
Government to lay out roadmap to economic recovery
Thursday 27 May 2021 | Written by Emmanuel Samoglou | Published in Economy, National
Although just a trickle compared to pre-Covid times, the opening of a travel bubble with New Zealand and the arrival of tourists is coinciding with government’s plans for economic recovery, which remain focused on stimulus and spending.
Celebrating ‘sisterhood’ in business
Wednesday 26 May 2021 | Written by CI News Staff | Published in Economy, National
Confident models of different shapes, sizes and curves, beautifully sashayed down the runway showing off a collection of local fashion trends at the Sisters Go Local event held over the weekend.
Growing interest in pawpaw exports
Wednesday 26 May 2021 | Written by Caleb Fotheringham | Published in Economy, National
The push to export pawpaw to New Zealand has gained momentum following a meeting of Rarotonga growers yesterday.
Chamber of Commerce initiatives upskill local businesses
Tuesday 25 May 2021 | Written by Melina Etches | Published in Economy, National
Since the economic fallout from Covid-19 the Chamber of Commerce has assisted many businesses in accessing financial support from the Government’s economic assistance packages.
Target budget towards economic diversification, Demos say
Saturday 22 May 2021 | Written by Emmanuel Samoglou | Published in Economy, National
With the 2021-2022 Appropriation Bill expected to be tabled in Parliament next month, the Opposition hopes to set the tone for the debate by calling on Government to prioritise economic diversification in the budget for the coming fiscal year.
Air NZ wants to help Cook Islands boost exports
Friday 21 May 2021 | Written by Caleb Fotheringham | Published in Economy, National
Air New Zealand wants to help the Cook Islands export more to New Zealand and asks local growers to start a dialogue.
Mixed feelings on bubble, says Dreaver
Thursday 20 May 2021 | Written by Melina Etches | Published in Economy, National
1 NEWS Pacific correspondent Barbara Dreaver is in Rarotonga to cover the effects of the pandemic and the country’s travel bubble with New Zealand.
All aboard the first bubble jet
Wednesday 19 May 2021 | Written by Caleb Fotheringham | Published in Economy, National
It was big news for people flying to Rarotonga from Auckland, and business as usual for people going to New Zealand.
Welcome back to paradise
Monday 17 May 2021 | Written by Rashneel Kumar | Published in Economy, National
Five staff to one guest is likely the ratio that is going to welcome tourists who arrive into Rarotonga on the first travel bubble flight from Auckland this afternoon.
Cautious optimism as country starts ‘journey of recovery’
Saturday 15 May 2021 | Written by Emmanuel Samoglou | Published in Economy, National
The Cook Islands will embark on a long and uncertain path towards economic recovery on Monday when it welcomes its first visitors in over 14 months. Uncertainty and challenging days await the tourism sector, and the same goes for the government, which relies on their success to keep the country functioning.
Covid-19 support for businesses to end in June
Saturday 15 May 2021 | Written by Emmanuel Samoglou | Published in Economy, National
Financial support for the private sector during the Covid-19 pandemic winds down at the end of next month, however government says further assistance could be made available in the event of another border closure.
More passengers, freight with Dreamliner
Wednesday 12 May 2021 | Written by Caleb Fotheringham | Published in Economy, National
Flights from New Zealand start with a trickle in May and turn daily in July according to Air New Zealand’s flight schedule.
Cooks ‘off limits’ to Aussies
Monday 10 May 2021 | Written by CI News Staff | Published in Economy
Australians transiting New Zealand to a third country, including the Cook Islands, are now required to apply for an exemption on compassionate grounds.
Pero’s Pasifika Air pivots to pawpaws
Friday 7 May 2021 | Written by Caleb Fotheringham | Published in Economy, National
Mike Pero’s Pasifika Air aims to reignite the country’s pawpaw industry by providing affordable freight to New Zealand.
Resorts complete $10m in renovation projects
Friday 7 May 2021 | Written by Alana Musselle | Published in Economy, National
Local company Pacific Resort Hotel Group announced the completion of a $10 million renovation project for two of their resort complexes.
Bubble brings sense of excitement for businesses
Wednesday 5 May 2021 | Written by Alana Musselle | Published in Economy, National
After more than a year of remaining open despite no tourists and operating with crushing overheads, restaurants, resorts and hotels in Rarotonga finally have a glimmer of hope to recover with the announcement of the two-way travel bubble between the Cook Islands and New Zealand.
