Twelve non-governmental and civil society organisations have been allocated $169,250 from the Social Impact Fund (SIF), to help them carry out projects focused on vulnerable groups within the Cook Islands community, including one in Mitiaro and two in Aitutaki.
The government has to follow an established budget process before giving the green light to infrastructure projects, says the economic policy advisor at the Ministry of Finance & Economic Management (MFEM), Natalie Cooke.
Members of the Cook Islands tourism industry got a timely update on the infrastructure projects being undertaken by the government at the Global Breakfast Update yesterday.
Damien Beddoes, the chairman of the Pacific Islands Investment Forum (PIIF) board, is delighted with the outcomes of the meeting for chief executive officers (CEOs) held earlier this week at the National Auditorium.
Despite high swells, the passengers from luxury cruise ship Paul Gauguin managed to come ashore safely for a daylong tour around Rarotonga yesterday.
The small size of both the Cook Islands National Superannuation Fund (CINSF) fund and the population of this country, pose a massive challenge to the CINSF in looking after the interests of its members, says CINSF chairman Heinz Matysik.
A “belittling” remark in a blog written by a Forbes magazine contributor in the US and used in a story in CINews on Saturday, obscures the real progress that the Cook Islands financial services industry has made since it pioneered the modern asset protection trust in the 1980s, says Cook Islands Financial Services Development Authority chief executive, Tamatoa Jonassen.