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.

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).

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.

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).

Businessman Tata Crocombe has announced he is selling all of his business interests in the Cook Islands.

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 September 26, 2014

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 September 15, 2014

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.

Over one tenth of Rarotonga’s ring mains project has been completed.

Page 12 of 46