Economy
Lyon on forum sub-committee
Friday 11 May 2018 | Published in Economy
Stephen Lyon has been elected the private sector representative on the Pacific Islands Forum's Specialist Sub-Committee on Regionalism (SSCR).
Country named 'best island' in the Pacific Rim
Thursday 10 May 2018 | Published in Economy
American magazine Global Traveler has named the Cook Islands as the best island in the Pacific Rim, for the third time in as many years.
Resort group appoints new regional manager
Monday 7 May 2018 | Published in Economy
The internal promotion of Ani Thompson to the role of regional general manager delights staff and stakeholders of the leading Cook Islands boutique resort group.
Trade discussions with China 'welcome'
Monday 7 May 2018 | Published in Economy
The Cook Islands would welcome discussions with China on how the two countries could potentially explore developing their own trading relationship, says Queen’s Representative Tom Marsters.
Chinese market proves tricky
Friday 4 May 2018 | Written by Rashneel Kumar | Published in Economy
Various challenges are putting a stumbling block against the Cook Islands Tourism Corporation’s aim to fully tap into the burgeoning Chinese tourist market.
Low govt. debt supports new credit ratings
Tuesday 1 May 2018 | Written by Rashneel Kumar | Published in Economy
The Cook Islands’ moderate per capita income level and relatively low government debt burden support the country’s “B+/B” sovereign credit ratings.
Cook Islands labelled 'cheap' on new list
Tuesday 1 May 2018 | Published in Economy
Cook Islands’ inclusion in a list published by Forbes earlier this year of “the 33 cheapest places to travel in 2018” has prompted some discussion online as to whether or not being labelled “cheap” is actually good publicity for the country.
Kora Pearls sells to Auckland Museum
Monday 30 April 2018 | Published in Economy
Kora Pearls were one of the big beneficiaries of the Auckland Museum purchasing a “carload” of treasures from the Pasifika Business Market at Pasifika Festival last month.
Govt operating position improves
Monday 30 April 2018 | Written by Rashneel Kumar | Published in Economy
The government’s total operating revenue and expenditure received as of April 25, 2018 has come in higher than estimated, according to the Pre-election Economic and Fiscal Update (PEFU) 2017/18.
Credit report warns of issues
Monday 30 April 2018 | Written by Rashneel Kumar | Published in Economy
The Cook Islands’ narrow economic base plus the country’s infrastructure shortcomings, an absence of monetary policy flexibility, and information deficiencies, particularly in the external accounts, could weaken the country’s credit quality.
Tourism Award win is testament to hard work
Friday 27 April 2018 | Written by Rashneel Kumar | Published in Economy
Managing director of Explore.com, Brett Baudinet, says his company’s recent tourism awards are a testament to their hard work and commitment to the industry.
Ageing population sees pension payments rise
Friday 27 April 2018 | Written by Rashneel Kumar | Published in Economy
The government is anticipating an increase in old-age pension payments as 15 per cent of the Cook Islands workforce is heading for retirement age in the next nine years.
Praise for success comes with warning
Tuesday 24 April 2018 | Published in Economy
Cook Islands Tourism Corporation chairman Ewan Smith made a stirring speech at Friday night’s Air New Zealand Cook Islands Tourism awards, praising government for its commitment to the industry, while also making a call to action.
Waterfall fee takes its toll on visitors
Monday 23 April 2018 | Published in Economy
I read the letter regarding the road toll at the falls.
Rental shortage bites
Monday 23 April 2018 | Published in Economy
A prominent figure in the tourism industry says growth in tourism has been a catalyst for the current shortage of long-term rental accommodation on Rarotonga.
It's tourism's big night!
Friday 20 April 2018 | Published in Economy
The tourism industry will tonight celebrate excellence and outstanding performance with the announcement of the winners of the 2018 Air New Zealand Cook Islands Tourism Awards.
Bluesky supports tourism awards
Wednesday 18 April 2018 | Written by Rashneel Kumar | Published in Economy
Bluesky Cook Islands is continuing with its support and sponsorship for the biennial Air New Zealand Cook Islands Tourism Awards.
More funding to go round
Monday 16 April 2018 | Published in Economy
Registered Civil Society organisations have been invited by the Social Impact Fund (SIF) to appeal for project funding in six designated priority areas.
Cook Islands at Indigenous Tourism Summit
Monday 16 April 2018 | Published in Economy
Cook Islander Ani Katu is representing the nation at the current World Indigenous Tourism Summit 2018, hosted by New Zealand Maori Tourism in conjunction with the World Indigenous Tourism Alliance (WINTA).
Govt confirms shipping subsidy
Monday 16 April 2018 | Written by Rashneel Kumar | Published in Economy
The government has confirmed the availability of a shipping subsidy for vessels servicing the northern group islands, with the first subsidised voyage having taken place earlier this month.