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.
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.
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.
Huge opportunities exist for the Airport Authority to grow its business activity and increase commercial revenue, says Chief Executive Joe Ngamata.
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.