Economy
Calls for assistance rise for ADB
Wednesday 8 May 2019 | Written by Richard Moore | Published in Economy
Demand for assistance across the Pacific and Asia continues to grow in the past year with the Asian Development Bank’s annual report showing new commitments of $21.6 billion in loans, grants, and investments from the bank’s own resources.
Big progress on pay system
Tuesday 7 May 2019 | Written by Rashneel Kumar | Published in Economy
Government’s effort in centralising the payment system to the Ministry of Finance and Economic Management (MFEM) is making “tremendous progress”.
$5b to save our oceans
Friday 3 May 2019 | Written by Richard Moore | Published in Economy
In a bid to rescue the ailing oceans of the world – particularly our Pacific waters – the Asian Development Bank has launched a $5 billion action plan to save the blue continent.
ADB predicts economic slowdown
Thursday 2 May 2019 | Written by Richard Moore | Published in Economy
The Asian Development Bank (ADB) has forecast a fairly major slowdown for the Cook Islands economy in next year or so.
Annual meeting on for ADB
Tuesday 30 April 2019 | Written by Richard Moore | Published in Economy
About 3000 high-powered participants are descending upon Denerau in Fiji to attend the 52nd Annual Meeting of the Asian Development Bank (ADB) this week.
New developments at local resort
Monday 25 March 2019 | Published in Economy
It has been a busy start to the new year for Moana Sands Group (MSG), with several additions to both Moana Sands Beachfront Villas and its sister property, Moana Sands Lagoon Resort.
SmartPac insurance for smaller businesses
Saturday 23 March 2019 | Written by Melina Etches | Published in Economy
There are times when the unthinkable or preventable happens to your business and you don’t have insurance to cover the expenses.
Crystal Symphony visits twice in one day
Thursday 14 March 2019 | Written by Jaimie Keay | Published in Economy
You’d be forgiven for thinking you were going through déjà vu yesterday – the feeling you’ve seen something before – when the cruise ship Crystal Symphony cruised to anchor off Avatiu just after8am.
Luxury cruise ship visits Rarotonga
Wednesday 13 March 2019 | Written by Rashneel Kumar | Published in Economy
Luxury cruise ship Paul Gauguin, which operates mainly in the Pacific waters, visited Rarotonga yesterday.
Minimum wage review starts
Wednesday 13 February 2019 | Published in Economy
On Wednesday February 6, the Minimum Wage Review Panel met for their initial meeting to prepare for the annual compulsory review of the minimum wage rate.
Tourism to host third global breakfast update
Tuesday 12 February 2019 | Published in Economy
Cook Islands Tourism Corporation is hosting their third Global Breakfast Update for 2018/19 on Thursday at 8am at the Edgewater Resort and Spa.
4.4pc jump in visitors
Saturday 9 February 2019 | Written by Rashneel Kumar | Published in Economy
Visitor arrivals to the country have set another record, but Cook Islands Tourism says well balanced numbers spread throughout the year enables modest growth without placing undue stress on infrastructure.
Four liners due next month
Thursday 31 January 2019 | Published in Economy
Four cruise ships are expected to arrive in the Cook Islands next month.
White takes on a new role
Thursday 31 January 2019 | Published in Economy
Pacific Resort Hotel Group (PRHG) says it is delighted to announce the appointment of Shelley White to the newly created role of general manager of Te Manava Luxury Villas and Spa.
Mentors ready to help businesses
Thursday 24 January 2019 | Written by Melina Etches | Published in Economy
Sooner rather than later those who are starting into business, or have established businesses and need sound impartial advice and support, are strongly advised to sign up for the upcoming mentoring programme, scheduled to begin in March.
Focus on destination development
Tuesday 8 January 2019 | Written by Rashneel Kumar | Published in Economy
The Cook Islands Tourism Corporation will focus on key destination development initiatives to boost the industry this year.
Tepaki to release $300m plan
Saturday 5 January 2019 | Published in Economy
Merchant of Paradise plans to release its $300 million “integration development” plan for the outer islands and part one of Merchant of Paradise’s two-part “Paradise Prosperity Plan” to the government next week.
More to receive Christmas bonus
Friday 21 December 2018 | Published in Economy
The government will pay out the annual Christmas bonus to eligible beneficiaries today.
Locals value tourism - survey
Wednesday 19 December 2018 | Written by Rashneel Kumar | Published in Economy
A survey has found that an overwhelming number of Cook Islanders feel that tourism is good for the country.
Large CI delegation at blue economy meeting
Friday 30 November 2018 | Published in Economy
A large delegation of Cook Islands government officials from the environment, marine and seabed mineral sectors, together with representatives from Te Ipukarea Society and Korero o te Orau attended a three day conference in Nairobi, Kenya, on the role of the Blue Economy in advancing the achievement of sustainable development and the 2030 Agenda.