Economy
Government posts deficit for 2013-14
Friday 26 September 2014 | Published in Economy
The Ministry of Finance and Economic Management has released a financial report for the 2013-14 financial year, indicating a $5.1 million deficit.
Cook Islands noni industry booming
Monday 15 September 2014 | Published in Economy
Noni juice has been the number one agricultural export product from the Cook Islands since 2001 and by Christmas – 70 tonnes of pure organic noni juice will reach the global market.
TMV crews working their way around Rarotonga
Saturday 6 September 2014 | Published in Economy
Over one tenth of Rarotonga’s ring mains project has been completed.
Milestone meeting of 'NZ-Realm' country leaders
Monday 1 September 2014 | Published in Economy
Leaders of ‘NZ-Realm’ countries including Cook Islands Prime Minister Henry Puna discussed the difficulties of their countries being heard in their own right around the table at international meetings.
Cooks coin highlights natural beauty
Thursday 28 August 2014 | Published in Economy
A new coin minted under the auspices of the Cook Islands highlights one of the most beautiful regions in the world.
Triad opposes foreign company's plan to become 'sole supplier of fuel'
Wednesday 27 August 2014 | Published in Economy
A local player in the fuel industry is concerned with the plans of a foreign energy firm to expand its operations in the Cook Islands.
Bishop's plan to lower fuel prices
Monday 25 August 2014 | Published in Economy
One Cook Islands leader Teina Bishop says the government is making too much money from fuel and he wants to cut import levies on both petrol and diesel.
Economy contracts 4.8 per cent in 2013
Monday 25 August 2014 | Published in Economy
New data shows the country’s economy contracted by 4.8 per cent last year, although there were encouraging signs of growth in sectors such as agriculture.
Death benefits limited on CINSF policies
Friday 22 August 2014 | Published in Economy
The Cook Islands National Super Fund is today sending out written advice to individual members that, due to no contributions by their employers, they are not eligible for the death benefits under the scheme.
European markets showing growth
Thursday 21 August 2014 | Published in Economy
Updates on European tourism markets were the focus of a stakeholders meeting held earlier this week.
Inflation rise less than expected
Friday 15 August 2014 | Published in Economy
An increase in Value Added Tax earlier this year has not had a major impact on the overall inflation rate yet, according to new data.
No change at the fuel pumps
Saturday 9 August 2014 | Published in Economy
Cook Islanders are continuing to pay among the highest retail prices for petrol and diesel in the Pacific Region, according to a new report.
Good governance and economics
Saturday 26 July 2014 | Published in Economy
Good governance describes how public offices manage our country affairs and national resources.
Superfund grows by $13.7 million
Wednesday 9 July 2014 | Published in Economy
The Cook Islands National Superannuation Fund has announced its full-year results for 2013, showing members received an 8.86 per cent return on their investment.
Airport Authority eyes up growth
Saturday 5 July 2014 | Published in Economy
Huge opportunities exist for the Airport Authority to grow its business activity and increase commercial revenue, says Chief Executive Joe Ngamata.
Gross turnover fuelled by consumers, tourism
Wednesday 2 July 2014 | Published in Economy
New statistics show gross turnover for all industries in the Cook Islands rose by just over $10 million between the March quarters last year and this year.
Fisheries co-operation model for globe
Saturday 28 June 2014 | Published in Economy
A Pacific model including the Cook Islands involving regional cooperating on a number of fisheries issues such as sustainability, maintaining the livelihoods of local fishers, and monitoring the global industry can be replicated in other parts of the world, says the United Nations.
Pension tax legal, but...
Saturday 28 June 2014 | Published in Economy
Disputes over the legality of the Government’s deduction of taxes on local old age pension payments has resulted in a police complaint against the Secretary of the Ministry of Finance and Economic Management.
Ponia at Tokelau ministers meet
Friday 27 June 2014 | Published in Economy
Management of fisheries will be the focus of next week’s Pacific Islands ministerial meeting in Tokelau.
Second term for seabed advisor
Thursday 26 June 2014 | Published in Economy
The Cook Islands has just been funded by the Commonwealth Secretariat for a second two-year term of service with the Cook Islands Seabed Minerals Authority by minerals expert Darryl Thorburn.
