Economy
Workplace problems discussed
Tuesday 15 September 2015 | Written by Rashneel Kumar | Published in Economy
Identifying problems at a workplace were among issues discussed at the three-day labour workshop which ended on Thursday last week at the Cook Islands Red Cross in Tupapa.
Super fund outreach well received
Monday 14 September 2015 | Written by Rashneel Kumar | Published in Economy
The Cook Islands National Superannuation Fund (CINSF) has been running a series of public seminars in the outer islands to educate residents on their new investment options.
Mentors concept gains momentum
Monday 7 September 2015 | Written by Rashneel Kumar | Published in Economy
The business mentors concept continues to gain momentum with the organisers, Chamber of Commerce, hoping to develop more local entrepreneurs through the programme in the near future.
Fuel price could drop by November
Wednesday 2 September 2015 | Published in Economy
Locals could be paying less at the petrol pump in the not-too-distant future thanks to a recent drop in global fuel prices.
Report looks at new cable
Tuesday 18 August 2015 | Published in Economy
Finance Minister Mark Brown has released a report on the possibility of a new telecommunications cable between Rarotonga and French Polynesia.
Concerns delay new LPG prices
Saturday 25 July 2015 | Published in Economy
New LPG prices are expected to now come into effect on September 15, after some companies became concerned at their ability to operate under reduced prices announced by the Price Tribunal last week.
Visitors down in early part of year
Saturday 25 July 2015 | Published in Economy
The Cook Islands Tourism Corporation says it has recorded a rise of one per cent in the number of tourist arrivals in the country in the past six months.
New bank focused on service boost...
Wednesday 15 July 2015 | Written by Rashneel Kumar | Published in Economy
The newest bank in town, the Bank of the South Pacific (BSP), is determined to bring a new level of understanding and service to its customers in the Cook Islands.
Tax blacklisting criticised
Tuesday 30 June 2015 | Written by Rashneel Kumar | Published in Economy
THE blacklisting of the Cook Islands by the European Union’s executive commission as one of the world’s tax havens has been criticised by an Australia-based academic.
Minimum wage $6.25 from July 1
Friday 26 June 2015 | Published in Economy
Employers and workers are reminded that the minimum wage rate of pay will increase to $6.25 per hour from 1 July 2015, a rise from the current minimum wage rate of $6 per hour, in accordance with the Employment Relations (Minimum rate of pay) Regulations 2015.
Super fund seeks change
Wednesday 24 June 2015 | Written by Rashneel Kumar | Published in Economy
THE COOK Islands National Superannuation Fund (CINSF) is working on amending a regulation regarding withdrawal from the Fund by contract workers.
Encouraging participation
Wednesday 24 June 2015 | Written by Rashneel Kumar | Published in Economy
THE COOK Islands National Superannuation Fund (CINSF) is encouraging members to attend the public presentations on the new investment options for its members.
Govt keen to reduce income tax
Tuesday 23 June 2015 | Published in Economy
MINISTER for Finance Mark Brown says the Government is keen to reduce income tax in a considered manner.
Investment options for CINSF members
Saturday 20 June 2015 | Written by Rashneel Kumar | Published in Economy
THE COOK Islands National Superannuation Fund (CINSF) will be running a series of public presentations next week to explain the new investment options for its members which will be available from July 1.
Puna unhappy with Super bill
Friday 19 June 2015 | Published in Economy
PRIME Minister Henry Puna is not satisfied with the Social Assistance (Portability to Cook Islands, Niue and Tokelau) bill passed in New Zealand Parliament on Thursday.
Income tax cuts ahead
Thursday 11 June 2015 | Published in Economy
Income tax for low income earners is to be cut – but the reductions will not apply until next year and the year after.
New bank yet to get go-ahead
Friday 5 June 2015 | Written by Rashneel Kumar | Published in Economy
THE BANK of the South Pacific (BSP) is yet to receive the green light from the local banking regulatory body to operate in the Cook Islands.
Chinese visitors increase
Thursday 4 June 2015 | Written by Rashneel Kumar | Published in Economy
THERE has been a gradual increase in the number of visitors from China since 2013.
Vaka immortalised in gold
Thursday 28 May 2015 | Published in Economy
The essence and spirit of the traditional vaka has been immortalised in the form of a new Cook Islands’ $5 gold coin.
Impressed with bank
Tuesday 19 May 2015 | Published in Economy
An impressive display of technology and customer service was on display at the Bank of the South Pacific (BSP) in Papua New Guinea last week.
