Economy
Economics of governing: Wichman
Saturday 10 May 2014 | Published in Economy
When the first outside contact came to our islands, they surveyed from their ships and found natural openings in the reef that would later become deep water harbours as entry points and access to the resources and bounty of the land and sea.
Australian Aid looks to private sector
Wednesday 7 May 2014 | Published in Economy
Australia’s evolving foreign aid programme would like to see more emphasis on the private sector to promote economic growth in developing countries, says a member of the nation’s Senate.
Offshore industry among most 'secretive'
Monday 5 May 2014 | Published in Economy
The Cook Islands is being described by an international tax advocacy group as one of the world’s most secretive financial centres.
Government predicts deficit
Monday 5 May 2014 | Published in Economy
The Ministry of Finance and Economic Management is projecting a deficit of $112,000 for the 2013-14 fiscal year.
Vanilla growers urged to form co-op
Monday 5 May 2014 | Published in Economy
Local vanilla growers have been told that their best chance of building a successful export brand will be to band together and form a co-operative enterprise.
Trade balance deteriorates, despite export growth
Saturday 3 May 2014 | Published in Economy
A big jump in fresh and chilled fish exports from the Cook Islands boosted the total value of exports to $4 million in the third quarter of 2013.
March inflation lowest in years
Saturday 26 April 2014 | Published in Economy
Data released by the Statistics Office last week showed that inflation in the March quarter as measured by the Consumer Price Index fell by 0.4 per cent compared to the December quarter 2013.
Tourist numbers beat March record
Thursday 24 April 2014 | Published in Economy
Visitor arrivals have hit their highest number for a March since records began 20 years ago, according to the Statistics Office.
Public funds misused: Report
Thursday 24 April 2014 | Published in Economy
Poor management of public funds and budget overspending has been cited as a major concern of the Cook Islands Audit Office, according to its latest annual report.
$240,000 lost with licence change
Saturday 19 April 2014 | Published in Economy
Changes to the driving licence rules for visitors could cost the Government around $240,000 a year in lost revenue, says Financial Secretary Richard Neves.
Departure tax change soon?
Thursday 17 April 2014 | Published in Economy
Cruise ships will be allowed to stop over for more than 24 hours without being charged departure tax if a new proposal gets the green light.
Invitation to take export survey
Wednesday 16 April 2014 | Published in Economy
Pacific Islands Trade & Invest have received over 130 responses in its inaugural “Pacific Export Survey”.
Survey shows average spend of cruise visitor
Wednesday 16 April 2014 | Published in Economy
Results of a cruise ship survey carried out in January have offered an early snapshot of the sector’s economic benefits to the Cook Islands.
Govt expects $314,000 surplus
Wednesday 16 April 2014 | Published in Economy
The Government is once again anticipating a surplus for the 2013-14 fiscal year.
Plenty of opportunities for business
Tuesday 15 April 2014 | Published in Economy
Organisers of the South Pacific Tourism Exchange, taking place in Auckland on May 22-23, 2014, say registered buyers and sellers will be provided with top opportunities to do South Pacific business.
Card fraud cases prompt warning
Saturday 12 April 2014 | Published in Economy
Westpac says people with credit and debit cards should be routinely checking their bank balances for any unusual transactions.
Trade and fisheries meeting in Suva
Thursday 10 April 2014 | Published in Economy
Senior Trade and Fisheries Officials from the Pacific ACP states are in Suva, Fiji for a three day meeting.
Government to look at departure tax
Thursday 10 April 2014 | Published in Economy
The Government may look at changing the departure tax law after a cruise ship company’s decision to axe its overnight stopover in Rarotonga.
Govt to set aside debt repayment funds
Wednesday 9 April 2014 | Published in Economy
New legislation coming into force this year will ensure the Government ring fences funds for the purpose of repaying public debt.
Ship shortens visit to avoid tax
Wednesday 9 April 2014 | Published in Economy
A cruise ship has shortened its two-day trip to Rarotonga after finding out its that passengers and crew members would each have to pay a $65 departure tax.
