Economy

Distressed yacht seeks Cooks help

Monday 31 August 2020 | Written by Jonathan Milne | Published in Economy

A yacht, damaged and blown off course, was forced to seek help in Rarotonga this weekend – despite the border closure.

Economy


'Urgent' need for external audit of the Govt finances

Saturday 29 August 2020 | Published in Economy

Accurate and up-to-date data needed for effective budgeting, says international report.

Economy

Air border closure extended

Wednesday 26 August 2020 | Written by Rashneel Kumar | Published in Economy

Cook Islands Cabinet has decided to extend the temporary total air border closure for inwards passenger travel with no exemptions.

Economy

BSP bank earnings suffer in Covid-19

Tuesday 25 August 2020 | Written by Katrina Lintonbon | Published in Economy

The Bank of the South Pacific has recorded a 12.2 per cent drop in profit for the first half of 2020.

Economy


Tourism biz must 'hang together'

Friday 21 August 2020 | Written by Losirene Lacanivalu | Published in Economy

New Tourism Industry Council president Liana Scott says the road ahead is filled with anxiety, but pulling together is what will get everyone through.

Economy


Govt to respond today on calls for quarantine fees

Friday 21 August 2020 | Written by Rashneel Kumar | Published in Economy

Non-essential travellers to Cook Islands should be made to pay for their quarantine on the way here, the Opposition says.

Economy

Water treatment: 'No one is above the law'

Thursday 20 August 2020 | Written by Rashneel Kumar | Published in Economy

Threat of court action by opponents of chemical treatment of water supply.

Economy


Cooks: Give us a break from debt

Wednesday 19 August 2020 | Written by Katrina Lintonbon | Published in Economy

Cook Islands government has raised the question of debt relief with Australia, saying it is spending money servicing international loans that is needed for critical economic recovery initiatives.

Economy


Govt extends border closure, investigates quarantine hotel

Tuesday 18 August 2020 | Written by Jonathan Milne | Published in Economy

Officials are looking for premises where they can reopen a 14-day supervised quarantine facility in New Zealand, similar to the Auckland Holiday Inn.

Economy

Wage subsidy extended

Monday 17 August 2020 | Written by Rashneel Kumar | Published in Economy

Government will extend the wage subsidy scheme, Deputy Prime Minister Mark Brown announced last night.

Economy

Pacific Islands to work together on recovery

Saturday 15 August 2020 | Written by Rashneel Kumar | Published in Economy

Cook Islands has welcomed the proposed regional Covid-19 Economic Recovery Taskforce to address economic priorities of the Pacific island countries.

Economy

Raro memories on a budget

Saturday 15 August 2020 | Written by Losirene Lacanivalu | Published in Economy

With money tight and Covid rife in the world, it’s hard for anyone to conceive of going on holiday at present – and Maire Browne knows that better than most.

Economy


Plan for Wellington air-bridge

Saturday 15 August 2020 | Written by Jonathan Milne | Published in Economy

Until the new Covid outbreak put a pause on opening the border, Air NZ was planning a new Wellington-Raro air route.

Economy


'Developed' Cooks must pay higher rates of interest

Friday 14 August 2020 | Written by Rashneel Kumar | Published in Economy

Cook Islands’ international development partners won’t decide until next year whether to downgrade the country’s economic status to “developing”.

Economy

Pacific plea for aid and debt relief

Thursday 13 August 2020 | Written by Rashneel Kumar | Published in Economy

Islands struggling with Covid impact, say finance ministers.

Economy

Cook Islands discuss prospect of developing tuna fisheries

Wednesday 12 August 2020 | Written by Losirene Lacanivalu | Published in Economy

The development of the tuna fisheries and their importance to the social and economic goals of the Cook Islands is greater than ever before.

Economy

Travel bubble setback

Wednesday 12 August 2020 | Written by Katrina Lintonbon | Published in Economy

Hopes of a travel bubble between Cook Islands and New Zealand have been dashed after four new cases of Covid-19 in Auckland through community transmission.

Economy


Travelers required to wear masks

Wednesday 12 August 2020 | Written by Rashneel Kumar | Published in Economy

Customers on flights departing Auckland will be required to wear masks, Air New Zealand confirmed yesterday.

Economy


Longer wage subsidy tipped

Tuesday 11 August 2020 | Written by Rashneel Kumar | Published in Economy

With the prospect of the return of tourists fading into the distance, government looks set to extend the wage subsidy this weekend.

Economy


Romantic dream to reinvent Orient Express of the Pacific

Saturday 8 August 2020 | Written by Losirene Lacanivalu | Published in Economy

Plans for an island-hopping coral route evoke nostalgia.

Economy


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