AGP Executive Report
Last update: 9 hours agoCook Islands Finance Boom: A new Cook Islands Government report says US demand for asset protection is driving record trust growth, with international trust registrations up 42% in a year to 433 and nearly 90% higher than two years ago; the sector now contributes over NZ$48m (2024/25) and is 8.5% of real GDP, with about 85% of trustee revenue coming from US clients. Fintech/Regtech Hiring Push: The same surge is creating a skills gap and opportunities for New Zealand and overseas providers in trust administration, compliance, identity checks, cybersecurity and cross-border payments. Transport Rules Under Pressure: Rarotonga’s new app-based ride-hailing service, Smartie Rides, launches while local transport licensing rules still date back to 1967, highlighting the need for a framework for vehicle-sharing platforms. Regional Fisheries Leadership: Cook Islands and other Pacific members backed Pacific-led, science-based fisheries management at COFI37 in Rome, calling for stronger recognition and support for regional approaches. Shipping & Trade Risk Talk: Splash Singapore’s countdown is on, with discussions focused on how shipping should manage faster-changing assumptions via resilience, longer-term investment and risk pricing. Community & Heritage: Volunteers are set to repair vandalised graves at Nikao Cemetery, including headstones linked to Cook Islands First World War veterans, after police were notified.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.