Economy

Cook Islands balances tourism growth with sustainability

Saturday 2 March 2024 | Written by Supplied | Published in Business, Economy, National, Travel

Cook Islands emerged from the Covid-19 slump with a tourism boom in 2023.

Business


Beyond the numbers: How tourism benefits everyday life in the Cook Islands

Saturday 2 March 2024 | Written by Candice Luke | Published in Business, Economy, Features, Go Local, National, Travel, Weekend

January saw a record breaking 10,368 visitors arrive on our shores. They’re staying longer, and spending more on average. But what do these facts and figures look like in the daily lives of Cook Islanders? Cook Islands News journalist Candice Luke spoke to locals about how the tourist dollar is affecting them, their families, and their businesses right now.

Business


Cooks and India deepen cooperation on technology, renewable energy, and cultural exchange

Friday 1 March 2024 | Written by Supplied | Published in Economy, National

The governments of Cook Islands and India will continue to focus forward co-operation on technology, community resilience including renewable energy, strengthening people to people links and collaboration in the multilateral fora including the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the International Maritime Organisation.

Economy


January arrivals best on record

Thursday 29 February 2024 | Written by Candice Luke | Published in Economy, National, Travel

A record total of 10,368 international visitors were welcomed to the Cook Islands last month according to newly released statistics for January 2024.

Economy


Nobody is interested: Opposition leader says no one wants $1.7m electric vehicles

Thursday 29 February 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament

No one is interested in purchasing the $1.7 million fleet of electric vehicles bought by the Government last year, the Opposition Leader told Parliament yesterday.

Economy


Absentee landowners major issue

Wednesday 28 February 2024 | Written by Melina Etches | Published in Economy, Environment, Local, National

Cook Islands is reforming its land laws and have started public meetings on Rarotonga to gather suggestions and feedback from Cook Islanders.

Economy


Cook Islands and Saudi Arabia prioritise economic resilience and renewable energy

Tuesday 27 February 2024 | Written by Supplied | Published in Economy, Environment, National

The Cook Islands and Saudi Arabia have prioritised economic resilience, culture, technology and renewable energy as areas for possible future cooperation following a series of bilateral discussions in Rarotonga.

Economy


Rarotonga welcomes cruise passengers for sightseeing and shopping

Tuesday 27 February 2024 | Written by CI News Staff | Published in Economy, National, Travel

Majority of the passengers onboard Crystal Serenity came ashore during the cruise ship’s visit to Rarotonga on Saturday.

Economy


New builds springing back after pandemic slowdown

Saturday 24 February 2024 | Written by Joanne Holden | Published in Economy, National

The number of new builds in the Cook Islands are approaching pre-pandemic levels after dropping nearly 70 per cent in two years to hit a 10-year low in 2021.

Economy


Japan boosts Rarotonga agriculture with machinery donation

Friday 23 February 2024 | Written by Melina Etches | Published in Economy, National

Over 1000 hours of tractor services, including slashing and ploughing of farmland in Rarotonga, were provided by the Ministry of Agriculture in the past year.

Economy


$400k asbestos removal operation gets underway at Old Post Office

Friday 23 February 2024 | Written by Al Williams | Published in Business, Economy, Local, National

A $400,000 operation to rid the Old Post Office of asbestos in Avarua is about to get underway following the building’s closure in recent months.

Business


Economy positive, strong signs of recovery: PM Brown

Thursday 22 February 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament

Prime Minister Mark Brown says the country’s latest financial year report to June 2023 shows the country’s economy is very positive and showing signs of strong recovery.

Economy


Tyre issue forces Air NZ Cooks flight to divert

Thursday 22 February 2024 | Written by Al Williams | Published in Economy, National

A busy Air New Zealand service to the Cook Islands was forced to turn back for Auckland two hours into its journey.

Economy


Govt says $1.3m invested in Lady Samoa charter

Thursday 22 February 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Outer Islands, Parliament

The Lady Samoa IV vessel chartered by the Cook Islands government prior to Christmas cost $1.3million.

Economy


‘Pearl of the Pacific’ - Cook Islands tourism needs promotional boost

Wednesday 21 February 2024 | Written by Candice Luke | Published in Economy, National, Travel

Having returned from an Australian Entire Travel Group Roadshow, Cook Islands Tourism Industry Council president Liana Scott says competition is fierce in the marketplace, and promotions need to start now.

Economy


Inflation is a reality: PM encourages homegrown food to combat rising prices

Tuesday 20 February 2024 | Written by Losirene Lacanivalu | Published in Economy, National, Parliament

The Cook Islands Prime Minister acknowledges inflation’s impact on imported goods and suggests growing local food to combat it, while emphasising economic growth and Pa Enua development as long-term solutions.

Economy


Tourism seeks additional $3.5m to protect Cook Islands’ ‘golden goose’

Monday 19 February 2024 | Written by Candice Luke | Published in Economy, National, Travel

Cook Islands Tourism is requesting $3.5 million in additional funding to invest in optimising the new flight routes, develop outer island tourism, and create a path for diversification in the tourism sector.

Economy


Superfund booms with $30m growth

Thursday 15 February 2024 | Written by Supplied | Published in Economy, National

The Cook Islands National Superannuation Fund (CINSF) ended 2023 on a high with their assets under management at NZD$236 million, up almost $30 million on 31 December 2022.

Economy


Don’t miss the plane: Time to diversify and future proof tourism, says Eggelton

Wednesday 14 February 2024 | Written by Candice Luke | Published in Business, Economy, National, Travel

At Tuesday’s global business update at The Edgewater Resort, Cook Islands Tourism chief executive officer Karla Eggelton told an audience of about 60 people that 2024 is “shaping up to be a positive year” and now is the time to diversify and future-proof the industry.

Business


Cook Islands, New Zealand renew immigration partnership for another five years

Tuesday 13 February 2024 | Written by Supplied | Published in Economy, National

The Ministry of Foreign Affairs and Immigration (MFAI) last week renewed for another five years their Partnership Arrangement with Immigration New Zealand (INZ), an agency of the New Zealand Ministry of Business Innovation and Employment (MBIE).

Economy


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