Economy
European markets showing growth
Thursday 21 August 2014 | Published in Economy
Updates on European tourism markets were the focus of a stakeholders meeting held earlier this week.
Inflation rise less than expected
Friday 15 August 2014 | Published in Economy
An increase in Value Added Tax earlier this year has not had a major impact on the overall inflation rate yet, according to new data.
No change at the fuel pumps
Saturday 9 August 2014 | Published in Economy
Cook Islanders are continuing to pay among the highest retail prices for petrol and diesel in the Pacific Region, according to a new report.
Good governance and economics
Saturday 26 July 2014 | Published in Economy
Good governance describes how public offices manage our country affairs and national resources.
Superfund grows by $13.7 million
Wednesday 9 July 2014 | Published in Economy
The Cook Islands National Superannuation Fund has announced its full-year results for 2013, showing members received an 8.86 per cent return on their investment.
Airport Authority eyes up growth
Saturday 5 July 2014 | Published in Economy
Huge opportunities exist for the Airport Authority to grow its business activity and increase commercial revenue, says Chief Executive Joe Ngamata.
Gross turnover fuelled by consumers, tourism
Wednesday 2 July 2014 | Published in Economy
New statistics show gross turnover for all industries in the Cook Islands rose by just over $10 million between the March quarters last year and this year.
Fisheries co-operation model for globe
Saturday 28 June 2014 | Published in Economy
A Pacific model including the Cook Islands involving regional cooperating on a number of fisheries issues such as sustainability, maintaining the livelihoods of local fishers, and monitoring the global industry can be replicated in other parts of the world, says the United Nations.
Pension tax legal, but...
Saturday 28 June 2014 | Published in Economy
Disputes over the legality of the Government’s deduction of taxes on local old age pension payments has resulted in a police complaint against the Secretary of the Ministry of Finance and Economic Management.
Ponia at Tokelau ministers meet
Friday 27 June 2014 | Published in Economy
Management of fisheries will be the focus of next week’s Pacific Islands ministerial meeting in Tokelau.
Second term for seabed advisor
Thursday 26 June 2014 | Published in Economy
The Cook Islands has just been funded by the Commonwealth Secretariat for a second two-year term of service with the Cook Islands Seabed Minerals Authority by minerals expert Darryl Thorburn.
No more departure tax for cruise ships
Monday 23 June 2014 | Published in Economy
Passengers on cruise vessels in the Cook Islands are now exempt from paying departure tax, following changes to the Departure Tax Regulations being passed by the Executive Council last week.
Regional fishing fee increase could benefit Cooks
Friday 20 June 2014 | Published in Economy
A drive by a group of Pacific Island states to increase fishing fees could lead to a future boost in revenue for the local fishery, says the head of the Ministry of Marine Resources (MMR).
Superannuation decision reserved
Monday 16 June 2014 | Published in Economy
Court of Appeal judges have reserved judgement in the Crown’s appeal of a recent High Court decision regarding the constitutionality of the Cook Islands National Superannuation Fund.
Beddoes picked to lead Super Fund
Thursday 12 June 2014 | Published in Economy
Telecom’s Damien Beddoes has been appointed as the new chief executive of the Cook Islands National Superannuation Fund.
Superfund appeal decision Friday?
Tuesday 10 June 2014 | Published in Economy
Arguments began to be heard yesterday as part of the Crown’s appeal of a recent High Court decision that declared the Cook Islands Superannuation Fund’s legislation as unconstitutional.
No bailout needed for Cook Islands
Monday 9 June 2014 | Published in Economy
Financial bailouts from New Zealand will not be needed to pay down the country’s debt obligations, says a government official.
Govt posts deficit in third quarter
Thursday 5 June 2014 | Published in Economy
The Government has reported a $1.6 million deficit in its overall fiscal balance for the latest financial quarter.
Data alert apps available: Telecom
Thursday 29 May 2014 | Published in Economy
Telecom Cook Islands says its customers have hundreds of mobile phone applications to choose from if they want to monitor their personal data use.
Invest to slow depopulation: Economist
Thursday 29 May 2014 | Published in Economy
Cook Islanders will not stop leaving the country to live overseas until the government decides to start funding industry in the outer islands, says economist Vaine Wichman.
