Economy
New barge to arrive tomorrow
Wednesday 25 November 2020 | Written by Losirene Lacanivalu | Published in Economy, National
Cook Islands General Transport will welcome their new shipping vessel MV Taunga Nui as it is expected to arrive at the Avatiu Port tomorrow.
Bubble or go bust: survey says businesses burning through cash
Tuesday 24 November 2020 | Written by Katrina Lintonbon | Published in Economy, National
A new Private Sector Taskforce report reveals the stark reality of what the future looks like for many businesses in the Cook Islands if the country’s border remains closed.
Licences for four new internet service providers paves the way for competition
Monday 23 November 2020 | Written by Rashneel Kumar | Published in Economy, National
Four new local internet operators have been granted licences in a bid to improve services and provide competition to Vodafone Cook Islands.
Local resort group wins big at travel industry's "Oscars"
Friday 20 November 2020 | Written by CI News Staff | Published in Economy, National
A Cook Islands luxury and boutique beachfront resort group has claimed five continental and local titles in the World Travel Awards 2020.
Vaccine before visitors, ANZ Bank analyst says
Wednesday 18 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
Stable finances and positive signs with the development of a potential Covid-19 vaccine is leading at least one analyst to suggest there should be no rush to open borders to international tourists.
Govt set to spend extra $15m in wage subsidy
Tuesday 17 November 2020 | Written by Rashneel Kumar | Published in Economy, National
The business community has welcomed a Government announcement to pay an additional $15 million in wage subsidy payments by extending the financial support programme until the end of February 2021.
Choice for consumers on the way as local company ends internet monopoly
Monday 16 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
Local company Kuk i Net is eyeing mobile operation in the Cook Islands after launching its internet service
New chair’s appointment to key government agency questioned
Thursday 12 November 2020 | Written by Rashneel Kumar | Published in Economy, National
Questions have been raised over the appointment of ‘controversial’ local broadcaster George Pitt to the role of Business Trade and Investment Board chair.
Tourism industry eager for bubble, ready for visitors
Wednesday 11 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The tourism industry says it’s ready to welcome visitors, but opening borders before Government financial support ends will be crucial for the sector to retain hospitality workers.
Drive for better tourism stats begins
Monday 9 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The Pacific Tourism Organisation (SPTO) is leading an effort to improve the gathering of data that can properly evaluate the impact tourism has on the environment and people’s lives.
PM Brown says travel bubble talks "moving positively", as NZ officials plan to inspect Cooks
Monday 9 November 2020 | Written by Rashneel Kumar | Published in Economy, National
Quarantine free travel between Cook Islands and New Zealand likely to start “a couple of weeks” after both sides have reached an agreement.
Govt suffers deficit of $12m due to Covid-19
Friday 6 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
The Government’s numbers from the opening half of 2020 have begun to show the effects of the coronavirus pandemic.
Government eyes long-term banking reform
Wednesday 4 November 2020 | Written by Emmanuel Samoglou | Published in Economy, National
As government provides interest relief on loans, it’s also working behind the scenes and against the odds to lower the cost of borrowing for homeowners and businesses.
Taskforce caught off guard by Cabinet decision
Monday 2 November 2020 | Written by Rashneel Kumar | Published in Economy, National
The Private Sector Taskforce was “surprised” at Cabinet’s decision to lift 14-day supervised quarantine on arrival.
Opposition leader Browne appalled at ‘kerfuffle’ comment
Saturday 31 October 2020 | Written by Supplied | Published in Economy, National
Demo leader Tina Browne says the Ministry of Finance and Economic Management’s recent handling of audit reports on the government's finances “has legal implications”.
Audit report concerns ‘kerfuffle’, says FinSec
Friday 30 October 2020 | Written by Emmanuel Samoglou | Published in Economy, National
Finance Secretary Garth Henderson says concerns over recently-released audit reports are “a storm in a tea cup”.
Tourism chief takes on top regional role
Thursday 29 October 2020 | Written by Rashneel Kumar | Published in Economy, National
The appointment of Cook Islands Tourism head as chair of the regional tourism body has got the local industry excited about the future.
High profile public service roles open
Wednesday 28 October 2020 | Written by Losirene Lacanivalu | Published in Economy, National
Police Commissioner role has been advertised and the Public Service Commission is now accepting applications.
Skills gap hinders financial reporting
Wednesday 28 October 2020 | Written by Emmanuel Samoglou | Published in Economy, National
Challenges with attracting talent and a lack of financial skills across government have been cited as perpetual issues that have hampered the government’s efforts to improve its financial reporting.
Kiwis eye Cooks holiday
Tuesday 27 October 2020 | Written by Rashneel Kumar | Published in Economy, National
Local businesses want government to make way for Kiwis who are suffering “cabin fever” and dying to travel again.
