Economy – Cook Islands News https://www.cookislandsnews.com Tue, 15 Oct 2024 19:49:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Cook Islands launches new international business registry https://www.cookislandsnews.com/internal/national/technology/economy/cook-islands-launches-new-international-business-registry/?utm_source=rss&utm_medium=rss&utm_campaign=cook-islands-launches-new-international-business-registry https://www.cookislandsnews.com/internal/national/technology/economy/cook-islands-launches-new-international-business-registry/#respond Tue, 15 Oct 2024 19:49:00 +0000 https://www.cookislandsnews.com/?p=273175 The Cook Islands Financial Supervisory Commission (FSC) has launched a new international entities registry to improve anti-money laundering and combating the financing of terrorism compliance.

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PM proposes Cook Islands passport at Ariki meeting https://www.cookislandsnews.com/internal/national/economy/pm-proposes-cook-islands-passport-at-ariki-meeting/?utm_source=rss&utm_medium=rss&utm_campaign=pm-proposes-cook-islands-passport-at-ariki-meeting https://www.cookislandsnews.com/internal/national/economy/pm-proposes-cook-islands-passport-at-ariki-meeting/#respond Tue, 15 Oct 2024 19:12:06 +0000 https://www.cookislandsnews.com/?p=273153 Various national issues, including the introduction of a Cook Islands passport, changes to the country name and anthem, resolving traditional title disputes and support for seabed minerals exploration, were discussed at the 53rd Session of Te Kura Nui A Te Are Ariki last week.

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Public Accounts Committee calls for transparency in CIIC budget process https://www.cookislandsnews.com/internal/national/economy/parliament/public-accounts-committee-calls-for-transparency-in-ciic-budget-process/?utm_source=rss&utm_medium=rss&utm_campaign=public-accounts-committee-calls-for-transparency-in-ciic-budget-process https://www.cookislandsnews.com/internal/national/economy/parliament/public-accounts-committee-calls-for-transparency-in-ciic-budget-process/#respond Tue, 08 Oct 2024 20:32:38 +0000 https://www.cookislandsnews.com/?p=272943 The Public Accounts Committee (PAC) has advised the Cook Islands Investment Corporation (CIIC) to disclose all anticipated income during the budget process and to Parliament.

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Tenants face water bill burden https://www.cookislandsnews.com/national/local/environment/health/economy/tenants-face-water-bill-burden/?utm_source=rss&utm_medium=rss&utm_campaign=tenants-face-water-bill-burden https://www.cookislandsnews.com/national/local/environment/health/economy/tenants-face-water-bill-burden/#respond Tue, 08 Oct 2024 20:21:59 +0000 https://www.cookislandsnews.com/?p=272937 Rarotonga rental tenants who do not have a water connection registered in their name will not be eligible for the government’s free water subsidy.

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To Tatou Vai has legal authority to  charge water tariff, says CIIC chair https://www.cookislandsnews.com/internal/national/local/economy/tourism/to-tatou-vai-has-legal-authority-to-charge-water-tariff-says-ciic-chair/?utm_source=rss&utm_medium=rss&utm_campaign=to-tatou-vai-has-legal-authority-to-charge-water-tariff-says-ciic-chair Tue, 01 Oct 2024 18:53:52 +0000 https://www.cookislandsnews.com/?p=272729 Rarotonga water authority, To Tatou Vai (TTV), has the right to charge water tariffs for supply and services, says Cook Islands Investment Corporation (CIIC) chair Fletcher Melvin.

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Mixed reactions as new water tariffs come into effect today  https://www.cookislandsnews.com/internal/national/local/economy/mixed-reactions-as-new-water-tariffs-come-into-effect-today/?utm_source=rss&utm_medium=rss&utm_campaign=mixed-reactions-as-new-water-tariffs-come-into-effect-today Tue, 01 Oct 2024 18:52:51 +0000 https://www.cookislandsnews.com/?p=272725 As water tariffs come into effect from today, business owners and residents say they have no other choice but to pay.

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Enhancing maritime sustainability, improve shipping connectivity https://www.cookislandsnews.com/internal/national/economy/enhancing-maritime-sustainability-improve-shipping-connectivity/?utm_source=rss&utm_medium=rss&utm_campaign=enhancing-maritime-sustainability-improve-shipping-connectivity Tue, 01 Oct 2024 17:49:00 +0000 https://www.cookislandsnews.com/?p=272699 As an aim to enhance maritime sustainability, representatives from the Cook Islands joined others from Belize, and Solomon Islands at the International Maritime Organisation (IMO) in London last month.

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TTV estimates $837,000 in water tariff revenue https://www.cookislandsnews.com/internal/national/local/economy/ttv-estimates-837000-in-water-tariff-revenue/?utm_source=rss&utm_medium=rss&utm_campaign=ttv-estimates-837000-in-water-tariff-revenue Mon, 30 Sep 2024 18:56:07 +0000 https://www.cookislandsnews.com/?p=272660 The Rarotonga water agency To Tatou Vai (TTV) estimates it will collect just over $830,000 in the current financial year from water tariffs that come into effect tomorrow.

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Mauke’s new mayor wants to get the community into planting crops https://www.cookislandsnews.com/internal/national/outer-islands/economy/maukes-new-mayor-wants-to-get-the-community-into-planting-crops/?utm_source=rss&utm_medium=rss&utm_campaign=maukes-new-mayor-wants-to-get-the-community-into-planting-crops Wed, 25 Sep 2024 18:12:00 +0000 https://www.cookislandsnews.com/?p=272529 The island of Akatokamanava/Mauke celebrated its elected Island Council members during the swearing-in ceremony yesterday morning at the Government Representative building site.

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Tourism contribution set to surpass half-billion dollar mark https://www.cookislandsnews.com/internal/national/economy/tourism/tourism-set-to-surpass-half-billion-dollar-mark/?utm_source=rss&utm_medium=rss&utm_campaign=tourism-set-to-surpass-half-billion-dollar-mark Wed, 25 Sep 2024 17:40:00 +0000 https://www.cookislandsnews.com/?p=272534 Tourism’s contribution to the Cook Islands economy is set to surpass half a billion dollars this year, according to the Cook Islands Visitor Economy Factsheet released today.

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