Business
Positive trends in the Cook Islands property market
Monday 30 December 2024 | Written by Supplied | Published in Business, Features, National
November’s 2024 visitor arrivals and migration numbers are continuing on a positive trend, driving a solid economic recovery in the Cook Islands. Visitor numbers reached 13,419, showing a 7.7% increase over last year, with notable rises from Australia, Europe, and the USA. Beyond tourism, the return of 732 Cook Islanders and a net gain of […]
Families navigate inflation, businesses stock up for festive season
Tuesday 24 December 2024 | Written by Talaia Mika | Published in Business, Economy, Local, National
As Christmas approaches, local families and businesses in Rarotonga are feeling the seasonal buzz. While the island’s shops are busy preparing for the influx of shoppers, families are making sure they have everything needed for the festive season.
Christmas stock lost in devastating Mangaia fire
Tuesday 24 December 2024 | Written by Melina Etches | Published in Business, National, Outer Islands
Over the weekend, a blazing fire in Oneroa, Mangaia, originating from faulty electrical wiring destroyed a shop, a storage building and the neighbouring home.
Staying on budget in Cook Islands construction
Monday 23 December 2024 | Written by Supplied | Published in Business, Features, National
Embarking on a construction project in the Cook Islands is an exciting venture, but it comes with its own set of financial challenges. While sticking to a construction budget is indeed possible, it requires more than relying solely on square meter cost estimates. Some key basic knowledge is necessary at the start of your project […]
Cousins bring cool treats
Monday 23 December 2024 | Written by Talaia Mika | Published in Business, Local, National
Tiki Ice Cream Café, the new ice cream shop located near the airport in Nikao, is offering a refreshing addition to the area’s food scene.
Police to increase visibility during holiday season: PM Brown
Saturday 21 December 2024 | Written by Talaia Mika | Published in Business, Crime, Local, National
Prime Minister Mark Brown has emphasised the government’s ongoing commitment to strengthening community policing following a recent attempted burglary in Avarua.
Promoting local crafts for Christmas gifts
Friday 20 December 2024 | Written by Melina Etches | Published in Business, Culture, National
As the festive holiday season approaches, the spirit of giving and community shines brighter than ever.
Bank urges caution against scams during festive season
Friday 20 December 2024 | Written by Supplied | Published in Business, Economy, National
With the festive season underway, ANZ Cook Islands is reminding customers in the Pacific to be vigilant against scammers who take advantage of this busy time of year.
Mother jailed for stealing thousands from elderly
Friday 20 December 2024 | Written by Talaia Mika | Published in Business, Court, National
A former employee of the Bank of South Pacific has been sentenced to 17 months in prison after admitting to eight charges of theft.
Trust industry booms in Cook Islands
Thursday 19 December 2024 | Written by Losirene Lacanivalu | Published in Business, National, Parliament
The trust industry has proven to be resilient, robust and growing over the past four years from 2020 to 2023, according to the Cook Islands Financial Services Development Authority Report 2023-2024.
Shell-ebrating creativity: Pensioner promotes local culture through handicrafts
Thursday 19 December 2024 | Written by Talaia Mika | Published in Business, Culture, Local, National
A retired Cook Islander is making use of the abundant resources from the sea to create unique and culturally inspired handicrafts.
Mother sentenced to six months in prison for stealing over $90,000
Tuesday 17 December 2024 | Written by Talaia Mika | Published in Business, Court, Crime, National
A former Vodafone Cook Islands employee has been sentenced to six months’ imprisonment and 12 months’ probation after being convicted of theft as a servant.
Business valuations: Commercial property and business value
Monday 16 December 2024 | Written by Supplied | Published in Business, National
Whether you’re a roadside nu vendor or the proprietor of a million-dollar resort, the fundamentals of business valuation remain consistent.
Bill to fix company re-registration loophole referred to NZ Parliament Counsel Office
Monday 16 December 2024 | Written by Losirene Lacanivalu | Published in Business, National, Parliament
The Companies Amendment Bill 2024, aimed at rectifying a legal loophole hindering company re-registrations, has been recommended for review by the New Zealand Parliamentary Counsel Office to identify potential unintended consequences before proceeding.
Tribunal revokes price order, raises fuel costs after ‘error’
Thursday 12 December 2024 | Written by Talaia Mika | Published in Business, Economy, National
The Price Tribunal has issued a new price order for petrol and diesel almost a month after issuing the previous one, increasing wholesale and retail prices across the board.
Cook Islands sees surge in suspicious activity reports
Thursday 12 December 2024 | Written by Losirene Lacanivalu | Published in Business, National, Parliament
The Cook Islands Financial Intelligence Unit (FIU) received 72 suspected activity reports (SARs) in the 2023-2024 financial year, the majority of which were domestic.
ABC Radio 91.5FM partners with DJ guru GDub
Saturday 7 December 2024 | Written by Melina Etches | Published in Business, Features, National, Weekend
ABC Radio Australia has reconnected with audiences of Rarotonga on 91.5FM through a partnership with popular local DJ guru George “GDub” Williams radio 88FM station.
Land and Lease: Unlocking subtle value drivers in the Cook Islands
Saturday 30 November 2024 | Written by Supplied | Published in Business, National
Understanding the key factors that influence land values is essential for making informed decisions. By Jeff Tikitau Elite Management.
Building dreams, kit by kit
Saturday 30 November 2024 | Written by Talaia Mika | Published in Business, Features, Go Local, National
Next Kit Home, a two-year-old local company, is striving to make building homes simpler and more affordable in the Cook Islands.
Serving success: Teen’s late-night grind for tennis trip
Friday 29 November 2024 | Written by Talaia Mika | Published in Business, National
A 14-year-old aspiring professional tennis player from Tupapa has turned to late-night hustle and creativity to raise funds for a significant milestone in his sporting journey.
