Economy
Court decision on Superfund welcome
Thursday 20 November 2014 | Published in Economy
Relief has been the reaction of workers and Government alike as a result of the Court of Appeal’s decision on the country’s superfund.
Visitors satisfied with destination
Wednesday 19 November 2014 | Published in Economy
Visitors and holidaymakers continue to praise the Cook Islands as a holiday destination with many saying they would come again or recommend the islands to a friend.
New blood, and organics needed in agriculture
Wednesday 19 November 2014 | Published in Economy
Encouraging more part-time growers to complement the present small number of commercial growers in the Cook Islands is being advocated as one of the ways ahead for agricultural development.
A year of measured growth for Maritime Cook Islands
Wednesday 19 November 2014 | Published in Economy
Shipping as an industry may still be in the doldrums, but Maritime Cook Islands has enjoyed a year of measured growth in 2014 to date.
Workshop on labour force
Sunday 16 November 2014 | Published in Economy
The latest Labour and Economic Activity Report will be introduced at a public workshop next week.
New Trade Commissioner at Pacific Islands Trade and Invest
Thursday 13 November 2014 | Published in Economy
A new trade commissioner has been appointed for Pacific Islands Trade and Invest in New Zealand.
NZ payment network likely for Cooks
Thursday 13 November 2014 | Published in Economy
The Government is in talks to enable the Cook Islands to move into the New Zealand payment network, with the news coming as music to the ears of businesses stung with transaction charges at both ends of business banking.
Depopulation a growing concern
Thursday 13 November 2014 | Published in Economy
The loss of a productive young labour force to the bright lights and big bucks of New Zealand and Australia continues to have major economic, social, and cultural impacts, says the Government.
Bringing ethics to life in business
Wednesday 12 November 2014 | Published in Economy
How do we bring ethics to life in our business or organisation?
Revitalising agriculture 'a must'
Wednesday 12 November 2014 | Published in Economy
A report aimed at revitalising the country’s agriculture production will be discussed at a series of meetings around Rarotonga over the next few weeks.
TMV does not live up to master plan
Tuesday 11 November 2014 | Published in Economy
Criticism has again risen over the Te Mato Vai project with a local man pointing out that plans have not lived up to expectations on the $23.1 million project.
Spark tight-lipped over Telecom sale
Tuesday 11 November 2014 | Published in Economy
Spark New Zealand is remaining tight-lipped over the sale of their majority stake in Telecom Cook Islands, with the process still ongoing.
New 777 aircraft to boost tourism
Monday 10 November 2014 | Published in Economy
Tourism continues to be the key to Cook Islands economic success, with the recent Budget highlighting its importance.
Putting money away for a rainy day
Thursday 6 November 2014 | Published in Economy
The Governments of Samoa, Tonga, Cook Islands, Vanuatu and the Marshall Islands have called for an extension to the Pacific Catastrophe Risk Insurance Pilot (PCRIP), which was renewed for its third term on November 1st 2014.
HSBC Cook Islands branch closing doors
Thursday 6 November 2014 | Published in Economy
Job losses could face local employees as HSBC announces plans to close the doors on the Cook Islands branch.
NZ endorses more flexible pensions
Wednesday 5 November 2014 | Published in Economy
NZ endorses more flexible pensionsPlans for greater flexibility for people to move to the Cook Islands and receive New Zealand Superannuation or Veteran’s fund is being welcomed by the New Zealand Government.
$800k to repair Chinese-built buildings
Tuesday 4 November 2014 | Published in Economy
LEAKING, RUSTING, and falling apart – the Courthouse, National Police Headquarters and Telecom Sports Arena built with loans from China are set to be repaired with $800,000 from the latest budget.
$40 million bid to resurrect Sheraton
Monday 3 November 2014 | Published in Economy
Two New Zealand companies have submitted a $40 million plan to restore an infamous resort once linked to the mafia and subject to a local curse.
$1.15million boost for pearl industry
Monday 3 November 2014 | Published in Economy
TMV officials discuss test results
Saturday 1 November 2014 | Published in Economy
Five kilometres of ring mains piping laid down by the Chinese Civil Engineering and Construction Company (CCECC) has been pressure tested and received a passing grade.