The Pacific Catastrophe Risk Insurance Company says there could be a tenfold increase in premium volume for the catastrophe risk insurance it is providing to Pacific Island countries in its sixth season of coverage.
Young students were introduced to the Cook Islands Tertiary Training Institute (CITTI) new Taste-A-Trade initiative during the last week of the school holidays.
The Cook Islands is entering a new stage in the financial sector with the launch of the country’s first credit bureau, the Cook Islands Credit Bureau Limited.
New requirements for international shipping in New Zealand next year could save the Cook Islands marine environment from an invasive marine pest that threatens the country.
Building work at Apii Nikao is progressing well and New Zealand supplier class* has signed a contract with the China Civil Engineering Construction Corporation to provide furniture for the new school.
Damage to a Taio Shipping vessel caused when the Tiare Taporo colliding with it in Avatiu harbour on October 8 appears to have been minor, but engineers will check the vessel thoroughly now that it is back from a voyage to Manihiki.