AGP Executive Report
Last update: 34 minutes agoTourism & cost of living: Muri Beach Hotel GM Liana Scott says tourism is strong, but families and businesses are still squeezed by higher power, water and imported goods costs, even after the 50-cent minimum wage rise; she points to Budget support including a $2.5m water network subsidy and energy funds, while calling for longer-term relief via lower power prices and import duties. Development finance: The ADB has made its first non-sovereign Cook Islands investment, putting US$130,000 into Manini Wear to cut freight emissions and expand retail to Aitutaki. Banking & sport: BSP is confirmed as a major sponsor of the 2026 Rugby League World Cup, backing regional pride with Cook Islands, Fiji, Samoa and Tonga among the participating teams. Critical minerals push: New US Ambassador Jared Novelly says securing Cook Islands seabed minerals is a top priority, framing it as key to reducing China-linked supply risks. Environment & infrastructure: NES has released the EIA for Avarua Harbour dredging, with public review open until July 26, aimed at restoring safe access as sediment build-up reduces depth. Regional security backdrop: China’s nuclear-capable missile test in the South Pacific Nuclear-Free Zone has sparked renewed debate in the region, including calls for stronger, consistent responses.
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.
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