Economy
Low govt. debt supports new credit ratings
Tuesday May 01, 2018The Cook Islands’ moderate per capita income level and relatively low government debt burden support the country’s “B+/B” sovereign credit ratings.
Cook Islands labelled ‘cheap’ on new list
Tuesday May 01, 2018Cook Islands’ inclusion in a list published by Forbes earlier this year of “the 33 cheapest places to travel in 2018” has prompted some discussion online as to whether or not being labelled “cheap” is actually good publicity for the country.
Kora Pearls sells to Auckland Museum
Monday April 30, 2018Kora Pearls were one of the big beneficiaries of the Auckland Museum purchasing a “carload” of treasures from the Pasifika Business Market at Pasifika Festival last month.
Govt operating position improves
Monday April 30, 2018The government’s total operating revenue and expenditure received as of April 25, 2018 has come in higher than estimated, according to the Pre-election Economic and Fiscal Update (PEFU) 2017/18.
Credit report warns of issues
Monday April 30, 2018The Cook Islands’ narrow economic base plus the country’s infrastructure shortcomings, an absence of monetary policy flexibility, and information deficiencies, particularly in the external accounts, could weaken the country’s credit quality.
Tourism Award win is testament to hard work
Friday April 27, 2018Managing director of Explore.com, Brett Baudinet, says his company’s recent tourism awards are a testament to their hard work and commitment to the industry.
Ageing population sees pension payments rise
Friday April 27, 2018The government is anticipating an increase in old-age pension payments as 15 per cent of the Cook Islands workforce is heading for retirement age in the next nine years.
Praise for success comes with warning
Monday April 23, 2018Cook Islands Tourism Corporation chairman Ewan Smith made a stirring speech at Friday night’s Air New Zealand Cook Islands Tourism awards, praising government for its commitment to the industry, while also making a call to action.
Waterfall fee takes its toll on visitors
Monday April 23, 2018I read the letter regarding the road toll at the falls.
