Economy – Cook Islands News https://www.cookislandsnews.com Mon, 30 Dec 2024 19:06:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 PM Brown calls for debt relief for climate-impacted small island states https://www.cookislandsnews.com/internal/national/environment/economy/pm-brown-calls-for-debt-relief-for-climate-impacted-small-island-states/?utm_source=rss&utm_medium=rss&utm_campaign=pm-brown-calls-for-debt-relief-for-climate-impacted-small-island-states https://www.cookislandsnews.com/internal/national/environment/economy/pm-brown-calls-for-debt-relief-for-climate-impacted-small-island-states/#respond Mon, 30 Dec 2024 19:06:06 +0000 https://www.cookislandsnews.com/?p=275726 Prime Minister Mark Brown has expressed disappointment over the lack of progress in climate change negotiations, particularly the failure of major emitting countries to meet their carbon emissions targets and financial commitments.

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]]> https://www.cookislandsnews.com/internal/national/environment/economy/pm-brown-calls-for-debt-relief-for-climate-impacted-small-island-states/feed/ 0 Government focuses on growth and cost of living in 2025 https://www.cookislandsnews.com/internal/national/local/politics/economy/government-focuses-on-growth-and-cost-of-living-in-2025/?utm_source=rss&utm_medium=rss&utm_campaign=government-focuses-on-growth-and-cost-of-living-in-2025 https://www.cookislandsnews.com/internal/national/local/politics/economy/government-focuses-on-growth-and-cost-of-living-in-2025/#respond Fri, 27 Dec 2024 19:14:02 +0000 https://www.cookislandsnews.com/?p=275639 Prime Minister Mark Brown has outlined the Cook Islands Government’s key priorities for the upcoming year, focusing on continued economic growth, infrastructure development and addressing the cost of living.

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]]> https://www.cookislandsnews.com/internal/national/local/politics/economy/government-focuses-on-growth-and-cost-of-living-in-2025/feed/ 0 Families navigate inflation, businesses stock up for festive season https://www.cookislandsnews.com/internal/national/local/economy/business/families-navigate-inflation-businesses-stock-up-for-festive-season/?utm_source=rss&utm_medium=rss&utm_campaign=families-navigate-inflation-businesses-stock-up-for-festive-season https://www.cookislandsnews.com/internal/national/local/economy/business/families-navigate-inflation-businesses-stock-up-for-festive-season/#respond Tue, 24 Dec 2024 19:50:58 +0000 https://www.cookislandsnews.com/?p=275616 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.

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]]> https://www.cookislandsnews.com/internal/national/local/economy/business/families-navigate-inflation-businesses-stock-up-for-festive-season/feed/ 0 Cook Islands debt surpasses quarter billion mark with new ADB loan https://www.cookislandsnews.com/internal/national/economy/cook-islands-debt-surpasses-quarter-billion-mark-with-new-adb-loan/?utm_source=rss&utm_medium=rss&utm_campaign=cook-islands-debt-surpasses-quarter-billion-mark-with-new-adb-loan Sat, 21 Dec 2024 19:00:00 +0000 https://www.cookislandsnews.com/?p=275526 Cook Islands has signed a US$30 million (NZ$49.7m) loan agreement with the Asian Development Bank (ADB) “to manage its debt and cash portfolios over the coming years”.

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]]> Bank urges caution against scams during festive season https://www.cookislandsnews.com/internal/national/economy/business/bank-urges-caution-against-scams-during-festive-season/?utm_source=rss&utm_medium=rss&utm_campaign=bank-urges-caution-against-scams-during-festive-season Fri, 20 Dec 2024 19:53:26 +0000 https://www.cookislandsnews.com/?p=275507 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.

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]]> Cook Islands aims to future-proof tourism with legislative overhaul https://www.cookislandsnews.com/internal/national/economy/tourism/cook-islands-aims-to-future-proof-tourism-with-legislative-overhaul/?utm_source=rss&utm_medium=rss&utm_campaign=cook-islands-aims-to-future-proof-tourism-with-legislative-overhaul Sat, 14 Dec 2024 18:01:56 +0000 https://www.cookislandsnews.com/?p=275374 Cook Islands Tourism Corporation is undertaking a legislative review to modernise the tourism framework, aligning it with sustainable tourism practices and addressing challenges like workforce development and destination management.

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]]> Tribunal revokes price order, raises fuel costs after ‘error’ https://www.cookislandsnews.com/internal/national/economy/business/tribunal-revokes-price-order-raises-fuel-costs-after-error/?utm_source=rss&utm_medium=rss&utm_campaign=tribunal-revokes-price-order-raises-fuel-costs-after-error Thu, 12 Dec 2024 18:55:45 +0000 https://www.cookislandsnews.com/?p=275293 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.

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]]> Cooks delegation returns from roundtable talks https://www.cookislandsnews.com/internal/national/economy/cooks-delegation-returns-from-roundtable-talks/?utm_source=rss&utm_medium=rss&utm_campaign=cooks-delegation-returns-from-roundtable-talks Sat, 07 Dec 2024 23:13:00 +0000 https://www.cookislandsnews.com/?p=275152 Australia recently hosted a Cook Islands delegation, under a tailored programme themed around connectivity, with delegates traveling to Sydney, Uluru, Canberra, Brisbane, and Lady Elliot Island to share perspectives and strengthen ties.

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]]> Controversy over water bills- Tourism Industry Council calls for ‘dry run’ https://www.cookislandsnews.com/internal/national/local/economy/tourism/controversy-over-water-bills-tourism-industry-council-calls-for-dry-run/?utm_source=rss&utm_medium=rss&utm_campaign=controversy-over-water-bills-tourism-industry-council-calls-for-dry-run Fri, 29 Nov 2024 19:03:48 +0000 https://www.cookislandsnews.com/?p=274780 The Tourism Industry Council has suggested that the first water bill issued this month be treated as a ‘dry run’ due to concerns about the fairness and transparency of the new water billing system.

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]]> Feeling the heat: Consumers shocked by massive gas price hike https://www.cookislandsnews.com/internal/national/economy/feeling-the-heat-consumers-shocked-by-massive-gas-price-hike/?utm_source=rss&utm_medium=rss&utm_campaign=feeling-the-heat-consumers-shocked-by-massive-gas-price-hike Thu, 28 Nov 2024 19:25:55 +0000 https://www.cookislandsnews.com/?p=274735 The price of LPG cooking gas has significantly increased due to various factors including delayed freight supply and ongoing inflation, impacting businesses and consumers.

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