AGP Executive Report
Last update: 11 hours agoSubmarine Cable Disruption: Manatua Consortium says a technical fault on the Manatua fibre-optic cable about 144km offshore from Samoa is degrading internet services in Niue and the Cook Islands, with repairs now dependent on securing a specialist cable repair vessel; providers have contingency plans but customers may see reduced capacity and slower speeds until the fix is completed. Digital Payments Boost: The Bank of the Cook Islands has launched TakuEcom (online payments) now, with TakuPOS for Android-based contactless payments due mid-August—aimed at helping small businesses accept card payments without costly EFTPOS hardware. Regional Fisheries Cashflow: The Pacific Islands Forum Fisheries Agency reports a second 2026 US Tuna Treaty payout of US$50.42m to Pacific Island Parties, supporting fisheries management via term deposits and further distributions. Governance/Investment Oversight: Fletcher Melvin has been reappointed CIIC Board chair, with Olivia Heather-Halston named deputy chair, as the corporation continues its investment responsibilities. Deep-Sea Mining Debate: Pacific leaders and communities are reacting to renewed deep-sea mining moves, with the Cook Islands continuing exploration while others push for moratoriums or stronger safeguards. Sports Governance: OFC confirms it will hold talks on FIFA’s proposed World Cup sell-off plan on August 12, including the Cook Islands among member associations.
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