Economy
System simplified under 2013 Tax Review
Monday 13 October 2014 | Published in Economy
MFEM has released a progress update on the implementation of the 2013 Tax Review.
Cooks 'very enjoyable'
Monday 13 October 2014 | Published in Economy
A survey of cruise ship visitors to the Cook Islands is indicating that 75 per cent of those who make it to the shores of Rarotonga and Aitutaki rate their trip very highly.
Pearl promotion promises a “one-of-a-kind” affair
Saturday 11 October 2014 | Published in Economy
The Cook Islands black pearl industry will be the focus of tonight’s exotic ‘Marina Long Table Dinner’ – an event designed to put our local product on the international stage.
Machinery agreement with CCECC signed
Saturday 11 October 2014 | Published in Economy
A fleet of heavy machinery is set to be deployed to all of the inhabited outer islands after the signing of a deal between government officials and a delegation from the China Civil Engineering Construction Corporation (CCECC).
'Cooks benefits from US tuna deal'
Saturday 11 October 2014 | Published in Economy
Ministry of Marine Resources Secretary Ben Ponia says a tuna fishing deal hammered out between Pacific Nations and the United States could provide a significant boost in local fisheries revenues.
No changes to foreign fishing company's trading license: BTIB
Wednesday 8 October 2014 | Published in Economy
Local company Ocean Fresh’s concerns that government will approve the expansion of a foreign fishing firm’s operations in Rarotonga are baseless, says an official with the Business Trade and Investment Board (BTIB).
Crocombe selling local business interests
Friday 3 October 2014 | Published in Economy
Businessman Tata Crocombe has announced he is selling all of his business interests in the Cook Islands.
Cook Islands baseline data on labour force, youth has started
Friday 3 October 2014 | Published in Economy
In September 2014, the Ministry of Internal Affairs, with support of the United Nations Population Fund (UNFPA) and the Cook Islands Statistics Office, commenced work on improving the Cook Islands baseline data relating to the labour force and youth.
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.
