Economy
Barge prepares for maiden voyage
Friday 4 December 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The recently arrived barge MV Taunga Nui is preparing to embark on its first voyage to the Pa Enua.
Travel bubble uncertainty frustrates businesses
Friday 4 December 2020 | Written by Rashneel Kumar | Published in Economy, National
Tourism operators want Cook Islands and New Zealand governments to provide more information on the status of the proposed travel bubble.
Businesses disappointed with no prospect for bubble before Christmas’
Thursday 3 December 2020 | Written by Katrina Lintonbon | Published in Economy, National
Despite an announcement from New Zealand’s Covid-19 Response Minister Chris Hipkins that a travel bubble between Cook Islands and New Zealand will not go ahead prior to Christmas, the Private Sector Taskforce remains optimistic.
Hope amidst despair
Monday 30 November 2020 | Written by Supplied | Published in Economy, National
A latest survey shows 74 per cent of businesses in the Cook Islands are confident that they will survive the Covid-19 crisis.
Herman nominated for Deep Sea Heroes
Monday 30 November 2020 | Written by Melina Etches | Published in Economy, National
Alex Herman, the Cook Islands Seabed Minerals Commissioner, has been shortlisted for the Deep Sea Heroes Award in the Innovation for The Depths category.
Finance ministry defends tender process
Saturday 28 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
As a review takes place by the Audit Office after a public complaint, a government official has come out in defence of the tendering process for the Penrhyn Cyclone Shelter project.
Cook Islands prepares for PACER Plus regional trade agreement
Friday 27 November 2020 | Written by Supplied | Published in Economy, National
The Government has recently conducted a series of consultations in the Pa Enua to educate people living there on the regional trade agreement deal.
ADB approve loan for Covid-19 support
Thursday 26 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
A loan recently signed by the Government will provide $20 million towards Covid-19 financial assistance for businesses and individuals.
New barge to arrive tomorrow
Wednesday 25 November 2020 | Written by Losirene Lacanivalu | Published in Economy, National
Cook Islands General Transport will welcome their new shipping vessel MV Taunga Nui as it is expected to arrive at the Avatiu Port tomorrow.
Bubble or go bust: survey says businesses burning through cash
Tuesday 24 November 2020 | Written by Katrina Lintonbon | Published in Economy, National
A new Private Sector Taskforce report reveals the stark reality of what the future looks like for many businesses in the Cook Islands if the country’s border remains closed.
Licences for four new internet service providers paves the way for competition
Monday 23 November 2020 | Written by Rashneel Kumar | Published in Economy, National
Four new local internet operators have been granted licences in a bid to improve services and provide competition to Vodafone Cook Islands.
Local resort group wins big at travel industry's "Oscars"
Friday 20 November 2020 | Written by CI News Staff | Published in Economy, National
A Cook Islands luxury and boutique beachfront resort group has claimed five continental and local titles in the World Travel Awards 2020.
Vaccine before visitors, ANZ Bank analyst says
Wednesday 18 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
Stable finances and positive signs with the development of a potential Covid-19 vaccine is leading at least one analyst to suggest there should be no rush to open borders to international tourists.
Govt set to spend extra $15m in wage subsidy
Tuesday 17 November 2020 | Written by Rashneel Kumar | Published in Economy, National
The business community has welcomed a Government announcement to pay an additional $15 million in wage subsidy payments by extending the financial support programme until the end of February 2021.
Choice for consumers on the way as local company ends internet monopoly
Monday 16 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
Local company Kuk i Net is eyeing mobile operation in the Cook Islands after launching its internet service
New chair’s appointment to key government agency questioned
Thursday 12 November 2020 | Written by Rashneel Kumar | Published in Economy, National
Questions have been raised over the appointment of ‘controversial’ local broadcaster George Pitt to the role of Business Trade and Investment Board chair.
Tourism industry eager for bubble, ready for visitors
Wednesday 11 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The tourism industry says it’s ready to welcome visitors, but opening borders before Government financial support ends will be crucial for the sector to retain hospitality workers.
Drive for better tourism stats begins
Monday 9 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The Pacific Tourism Organisation (SPTO) is leading an effort to improve the gathering of data that can properly evaluate the impact tourism has on the environment and people’s lives.
PM Brown says travel bubble talks "moving positively", as NZ officials plan to inspect Cooks
Monday 9 November 2020 | Written by Rashneel Kumar | Published in Economy, National
Quarantine free travel between Cook Islands and New Zealand likely to start “a couple of weeks” after both sides have reached an agreement.
Govt suffers deficit of $12m due to Covid-19
Friday 6 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The Government’s numbers from the opening half of 2020 have begun to show the effects of the coronavirus pandemic.
