Economy

Noni plantation remains in business

Niue’s organic noni farm remains in business despite one of its owners, the Reef Group, going into receivership in November 2012. The Niue government was in discussions in November 2013 with authorities in Thailand on the potential to export noni leaves for tea. For the last year it has been maintaining the joint venture noni … Read more …

Where the buck stops

The Government of Niue is the main employer on Niue. Its 400 employees make up about one-third of the island’s population and at least half of all working age adults. The government has a number of trading arms – including the Alofi port, a bond store, Niue Telecom, a public works department and a power … Read more …

Fragile economy

The economic challenges experienced by Niue are common to other small island states within the Pacific. Geographic isolation, shortages of skilled professionals and entrepreneurial expertise, limited natural resources, poor soil quality and a small population hamper the development of an independent economy. Cyclones occasionally devastate the island’s infrastructure, including housing and tourist facilities. Eco-tourism and … Read more …

Breaking the dependence on aid

Niue’s economic base is foreign aid, with more than 80 percent of employed adults working for wages for the government. Per capita aid at more than NZ$20,000 a head is among the highest in the world. The New Zealand and Niue Governments are eager to build the local economy to make it more self-sufficient. In … Read more …