AGP Executive Report
Last update: 2 hours agoDeep-Sea Mining Scrutiny: A Cook Islands deep-sea mining licence holder merger in the US raises concerns about who controls exploration rights in the Marae Moana and how royalties and revenue-sharing are structured, with critics warning it could create an effective monopoly. Digital Payments Boost: The Bank of the Cook Islands launched TakuEcom (online payments) now and TakuPOS (smartphone-based card acceptance) in mid-August, aiming to cut hardware and running costs for small businesses and Pa Enua vendors. Internet Disruption: The Manatua submarine cable fault has degraded internet services for Niue and the Cook Islands; repairs depend on securing a specialist cable vessel, with providers running contingency plans. Regional Fisheries Cashflow: The Pacific Islands Forum Fisheries Agency says it has delivered a second 2026 payout of US$50.42m under the US Tuna Treaty, supporting Pacific Island fisheries management. Fuel Prices Steady: Fuel caps across parts of the Pacific have eased for August, though costs remain higher than pre-crisis levels. Governance & Integrity Debate: Letters and opinion pieces keep spotlighting accountability, oversight independence, and public trust ahead of the 2026 election cycle. Election & Infrastructure Talk: Commentary continues on political positions and transport upgrades for the Northern Group, including Manihiki harbour and airport redevelopment.
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.