Economy
Tourists name Aitutaki resort as one of the best
Tuesday 15 October 2019 | Written by Melina Etches | Published in Economy
Pacific Resort Aitutaki has been named one of the Top 20 in Australia and the South Pacific, in the annual Condé Nast Traveller Readers’ Choice Awards.
Buy local, the Super Fund told
Saturday 12 October 2019 | Written by Rashneel Kumar | Published in Economy
The Cook Islands Superannuation Fund should invest in local companies, according to a report from the Asian Development Bank.
Warning: Save money for rainy day
Thursday 10 October 2019 | Written by Rashneel Kumar | Published in Economy
The Chamber of Commerce is warning businesses to start planning and preparing for a recession, that economists say could bite next year.
Tax cuts would 'boost jobs and investment'
Thursday 10 October 2019 | Written by Rashneel Kumar | Published in Economy
Business leaders say next year’s income tax review must be independent.
Cooks become Pacific's first developed island nation
Saturday 5 October 2019 | Written by Rashneel Kumar | Published in Economy
Cook Islands has graduated to “developed” nation status – but despite dire warnings, is expected to lose barely a cent of overseas aid.
Water boss leaves amid uncertainty
Friday 4 October 2019 | Written by Rashneel Kumar | Published in Economy
Anti-chlorine groups says replacing To Tatou Vai head is a chance to take a fresh look at water treatment plans.
Tourism plans to counter future crisis
Thursday 3 October 2019 | Written by Rashneel Kumar | Published in Economy
Cook Islands Tourism Corporation is taking a proactive approach in getting the industry ready to face future crisis in the country.
New school security and fire hydrants to reduce arson risk
Wednesday 2 October 2019 | Written by Jonathan Milne | Published in Economy
The Government is in talk with insurance companies and is open to ideas for a “tailored” solution for the high-risk Cook Islands market.
$8m Cooks insurance bill rising
Tuesday 1 October 2019 | Written by Losirene Lacanivalu | Published in Economy
A government scheme would allow insurers to work together in a natural disaster to help Cooks rebuild. Losirene Lacanivalu and Jonathan Milne report.
Floods and fires fuel pain
Monday 30 September 2019 | Written by Jonathan Milne | Published in Economy
Tourist operators ask government to step up, as big resorts’ flood and fire insurance premiums soar $1m-plus a year.
Economists ask: 'How do we avoid a bust?'
Friday 27 September 2019 | Published in Economy
Government is beginning public consultation to plan the Cooks’ sustainable economic development over the next 10 years.
Cooks tourism goes social
Friday 27 September 2019 | Published in Economy
More tourists are enjoying Cook Islands more than ever – bar a few first-world problems like Chinese frustration with our telecommunications and Scandinavian ‘flight-shaming’.
We would like to be more at the table with government'
Friday 27 September 2019 | Published in Economy
The Chamber of Commerce has voted at its annual general meeting to restructure its leadership framework, with a view toward increasing its productivity as an organisation.
Offshore trust company 'credible and reliable'
Wednesday 18 September 2019 | Written by Melina Etches | Published in Economy
The lawyer for a Rarotonga company named in a $1 million assets freezing order has spoken out to defend the company’s integrity.
Big plans for Northern airstrips
Saturday 14 September 2019 | Published in Economy
Engineers have inspected the Cooks’ most remote runways as the local airline talks with government about upgrading the Northern Group’s coral runways.
New ANZ boss ready to take the heat
Thursday 12 September 2019 | Published in Economy
“Really excited to get into the role and find out how this country operates.”
Nil interest study loans can offset low wages
Thursday 12 September 2019 | Published in Economy
The New Zealand High Commission says student loan borrowers living in the Cook Islands can apply to have interest on their loans written off, just as it is when they stay in New Zealand.
'Business is my baby' says young hospo star
Thursday 12 September 2019 | Written by Melina Etches | Published in Economy
The day Vaiana Dance opened her new business was her 23rd birthday.
Getting Cooks hospitality up to scratch
Thursday 29 August 2019 | Written by Losirene Lacanivalu | Published in Economy
Tourists have become more demanding, an industry veteran warns, and the Cook Islands have to sharpen up or pay the price.
Tourism warning: Cooks could get too expensive for locals to live in
Wednesday 28 August 2019 | Written by Losirene Lacanivalu | Published in Economy
Young couple Bernard and Melody Tararo took a month to find a home. They just feel blessed to have a home owner who rented them a flat, long-term.
