Economy
Government asks for more money
Saturday 22 February 2020 | Written by Rashneel Kumar | Published in Economy
MPs will vote on whether to dip into next year’s Budget to address about $5m shortfall for pipeline works.
Cook Islands-flagged ship safe
Thursday 20 February 2020 | Written by Losirene Lacanivalu | Published in Economy
The Cook Islands registered Turkish cargo ship and its crew are safe after a military attack on the port it has berthed in Tripoli, Libya.
Cook Islands cargo ship in middle of firefight between Libyans and Turkey
Wednesday 19 February 2020 | Written by Jonathan Milne | Published in Economy
Pictures cast doubt on claim by a Libyan militia group to have sunk a Cook Islands-flagged cargo ship.
Jetstar refunds some money
Wednesday 19 February 2020 | Written by Katrina Lintonbon | Published in Economy
After going back and forth with Jetstar for many weeks, the Isiah family finally has some answers – but only after threatening to go to the Disputes Tribunal.
Maiden visit
Tuesday 11 February 2020 | Written by Losirene Lacanivalu | Published in Economy
The four-masted sailing ship Wind Spirit made its first ever port call to Rarotonga yesterday.
Tourism unaffected by coronavirus
Monday 10 February 2020 | Written by Losirene Lacanivalu | Published in Economy
Cook Islands Tourism Corporation has reiterated there are precautionary measures in place to protect the country from the spread of the coronavirus.
Five cruise ships expected this month
Monday 10 February 2020 | Written by Losirene Lacanivalu | Published in Economy
Four cruise ship calls are expected for Palmerston island this year.
Concerns about reclaiming land on Avarua waterfront
Monday 3 February 2020 | Written by Moana Makapelu Lee | Published in Economy
A new waterfront park with sports courts for our young people is all well and good – but what about the environmental impact and cyclone risk?
Air NZ working to stop virus
Thursday 30 January 2020 | Written by Losirene Lacanivalu | Published in Economy
Local Air New Zealand staff are working closely with government to prevent the Chinese coronavirus from entering the country, they say.
Future vision: Avarua, the Monaco of the Pacific
Thursday 30 January 2020 | Written by Moana Makapelu Lee | Published in Economy
Architects have laid out bold new plans to transform Avarua’s waterfront with a swimming pool, sports courts and – ultimately – a museum, cultural centre and sweeping new park reclaiming the lagoon right out to the reef.
Three cruises unable to make land
Tuesday 28 January 2020 | Written by Moana Makapelu Lee | Published in Economy
Unfavourable weather has forced the cancellations of all three cruise ships that were to have visited Rarotonga and Aitutaki this month.
Take note: cautionary tale for cash handlers
Friday 24 January 2020 | Written by Melina Etches | Published in Economy
When should you accept strange-looking currency over the counter? One family had a lucky escape.
Feast or famine: Slower visitor growth a chance to build Pa Enua tourism
Thursday 23 January 2020 | Written by Rashneel Kumar | Published in Economy
There are bold plans for the outer islands, as the tourism sector tries to spread the load across the year and across the country.
Australia focuses on trade and investment
Monday 20 January 2020 | Written by Rashneel Kumar | Published in Economy
Australia will be encouraging Cook Islands to ratify the Pacer Plus agreement to enable improved trading.
Third ship cancelled in blunder
Friday 17 January 2020 | Written by Rashneel Kumar | Published in Economy
Hopes to ship food and supplies into Cook Islands three times a month have been dashed.
US sold on Cooks for budget holidays
Sunday 12 January 2020 | Written by Katrina Lintonbon | Published in Economy
Competitive airfares and a range of private accommodation have driven down prices for tourists.
Freight boss won't front to families on missing goods
Friday 10 January 2020 | Written by Katrina Lintonbon | Published in Economy
A second Cook Islands family speaks out about losing their household possessions to Marie Uini and her Australian shipping company.
Research voyage, 5km under the sea
Tuesday 7 January 2020 | Written by Katrina Lintonbon | Published in Economy
Getting thrown around in the Environmental Station below the deck of the MV Grinna was all part of the adventure for Ocean Minerals Limited assistant researcher Israel Miles.
Sales success gives shop staff a break
Monday 6 January 2020 | Written by Katrina Lintonbon | Published in Economy
Island Craft managing director Fletcher Melvin says the best thing about bumper Boxing Day trading and sales on the island last week that was all his staff could take paid days off for a well-deserved break.
Economic growth expected to drop to 2.4 per cent
Monday 30 December 2019 | Written by Rashneel Kumar | Published in Economy
Cook Islands’ economic growth is expected to plummet to an average of 2.4 per cent over the next four years, estimates the Ministry of Finance and Economic Management. According to a report in the 2019/20 Half-Year Economic and Fiscal Update, the downturn is due to the capacity constraints experienced by the economy.