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Economy

A large group of cruise passengers come ashore at Avatiu late last May. While some say the country has too many tourists, 50 per cent of Cook Islanders are against putting a limit on their numbers. 18053015

Majority against tourist limit

Thursday June 14, 2018

Fifty per cent of Cook Islanders are against the idea of putting a cap on the number of tourists visiting the country.

Pacifi c Islands Investment Forum (PIIF) board chairman Damien Beddoes pictured at this week’s meeting. 18060127

Beddoes happy with forum results

Saturday June 02, 2018

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.

Heavy swells near Avatiu harbour failed to stop passengers onboard the cruise ship Paul Gauguin from enjoying their day out on Rarotonga yesterday. The ship is a regular visitor to Cook Islands waters and both captain and crew are very familiar with local sea conditions.

Cruise ship passengers enjoy Rarotonga

Thursday May 31, 2018

Despite high swells, the passengers from luxury cruise ship Paul Gauguin managed to come ashore safely for a daylong tour around Rarotonga yesterday.

Cook Islands National Superannuation Fund chairman Heinz Matysik at the opening of the Pacific Islands Investment Forum on Monday.

Forum helpful for super fund

Wednesday May 30, 2018

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.

Cook Islands Financial Services Development Authority chief executive, Tamatoa Jonassen. 18052318

Blogger comment draws flak

Thursday May 24, 2018

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.

Tourism encourages workshop participation

Wednesday May 23, 2018

The Cook Islands Tourism Corporation has said it intends on reaching out and supporting direct digital channels for the benefit of the private sector.

Tepaki’s ultimate plan is to set up an alternative airline in the Cook Islands, using two leased four-engined jets. 18052114

Plan worth $120 million a year, says Tepaki

Tuesday May 22, 2018

Merchant of Paradise developer Tim Tepaki says the “Paradise Prosperity Plan” for development of the outer islands, which he plans to reveal next week, will yield an after-tax operational profit of more than $120 million a year.

BTIB’s Mona Taio (second from the left) with fellow Pacifi c Islands Trade and Invest members. 18052110

Workshop helps business owners

Tuesday May 22, 2018

Increasing the knowledge and skills of local business owners will be the key focus at Thursday’s workshop on business capability building.

Tepaki to unveil tourism-led ‘prosperity plan’

Monday May 21, 2018

Developers Merchant of Paradise will next week unveil a 5-star signature “tourism-led” Paradise Prosperity Plan (PPP), for developing the Pa Enua, says director Tim Tepaki.

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