Economy
Travel ban causes 'serious health impacts, delays'
Saturday 11 July 2020 | Written by Katrina Lintonbon | Published in Economy
Prime ministers of past, present and future unite in urgent calls to lift blockade on Cook Islands.
No 1 in the South Seas
Friday 10 July 2020 | Written by Losirene Lacanivalu | Published in Economy
Cook Islands bolstered ahead of borders reopening with major international tourism award.
Audit report is delayed by three months
Thursday 9 July 2020 | Written by Rashneel Kumar | Published in Economy
The past three years’ government accounts audit has been delayed another three months, the deputy prime minister says.
Five years for BSP
Wednesday 8 July 2020 | Written by Melina Etches | Published in Economy
The Bank of the South Pacific is celebrating its fifth birthday in Cook Islands.
Flight bookings put on hold
Tuesday 7 July 2020 | Written by Katrina Lintonbon | Published in Economy
Air New Zealand and the New Zealand Government have closed off all international flights from Cook Islands for the rest of this month.
Covid grant from Japan
Monday 6 July 2020 | Written by Losirene Lacanivalu | Published in Economy
Japan is donating $1.3 million to assist Cook Islands in Covid-19 preparedness and the buying medical equipment for Rarotonga Hospital.
Cooks leap to front of travel queue
Saturday 4 July 2020 | Written by Rashneel Kumar | Published in Economy
Australia says they can’t form a bubble, so Cook Islands should go first.
Floods, fires and now Covid pandemic impact insurance
Wednesday 1 July 2020 | Written by Rashneel Kumar | Published in Economy
The coronavirus will make it harder than ever for Cook Islands businesses to get insurance cover.
Prices soar on airfreight
Wednesday 1 July 2020 | Written by Rashneel Kumar | Published in Economy
Household consumers are paying the prices for dramatically increased charges on airfreighted food and other goods.
Ships registry waives local fees in crisis
Tuesday 30 June 2020 | Written by Losirene Lacanivalu | Published in Economy
Domestic ship owners will not to pay any registration fee for this year and 2021.
Cry for tourists' return: 'We need more oxygen'
Tuesday 30 June 2020 | Written by Katrina Lintonbon | Published in Economy
Calls to support growers with controls on imported fruit and veges, as Cook Islands Tourism funding is cut.
Economy to recover by 2023: Govt
Monday 29 June 2020 | Written by Rashneel Kumar | Published in Economy
It will take about three years for the Cook Islands economy to return to pre-Covid-19 levels, government economists predict.
Rarotonga guests keep Aitutaki tourism afloat
Friday 26 June 2020 | Written by Rashneel Kumar | Published in Economy
Public servants are ‘spreading the love’ around the resort island’s restaurants and tours.
Turning on the taps
Thursday 25 June 2020 | Written by Katrina Lintonbon | Published in Economy
Authorities acknowledge they need to be as transparent as the water they plan to pipe into people’s homes in Rarotonga.
Cooks receive Covid-19 grant from Japan
Thursday 25 June 2020 | Written by Losirene Lacanivalu | Published in Economy
A grant of approximately $1.3m intended to assist the country for Covid-19 preparedness and the procurement of medical equipment for Rarotonga Hospital has been provided by the Embassy of Japan.
'There's no Plan B'
Monday 22 June 2020 | Written by Jonathan Milne | Published in Economy
Business leaders are concerned there’s no wage subsidy budgeted beyond September – all hopes are pinned on the return of Kiwi tourists.
Cook Islands and NZ leaders to talk travel
Monday 22 June 2020 | Written by Jonathan Milne | Published in Economy
It’s crunch time for decisions on opening the border. Deputy prime ministers Mark Brown and Winston Peters are to meet online this week, as Cook Islands tries to win New Zealand’s assent to open the border.
Love, actually! Returning residents welcomed home at airport
Saturday 20 June 2020 | Written by Melina Etches | Published in Economy
The joyous return of 131 Cook Islanders and work permit holders yesterday was a far cry from the controlled distance of the three previous repatriation flights.
Cooks' economic hopes hang on tourists' return
Saturday 20 June 2020 | Written by Katrina Lintonbon | Published in Economy
BUDGET 2020/21: The Government is to begin borrowing from the Asian Development Bank to pay for Covid-19 stimulus package.
Govt to borrow as cash runs out
Friday 19 June 2020 | Written by Rashneel Kumar | Published in Economy
Finance Minister says Cook Islands needs Kiwi tourists back by September at latest to avoid further financial turmoil.