Economy Archive September 2013
17 articles
IFC Invests US$10 Million in Solomon Islands’ Tuna Industry
IFC, a member of the World Bank Group, will lend US$10 million to SolTuna Limited, a tuna processor located in Solomon Islands, to support expansion of capacity and enable the local economy to benefit more from the income generated by the tuna industry.
Investors Urged to Look to the Solomon Islands
The Australian Pacific Islands Business Council is organizing a forum in Brisbane next month, bringing together business leaders in Australia together with Solomon Islands officials in an effort to show that the country is open for business.
Gold Royalty Embezzlement Report Presented to PM
Prime Minister Gordon Darcy Lilo was presented the Gold Ridge Royalty payment investigation report this afternoon.
PM Officially Opens Solomon Games
Prime Minister Gordon Darcy Lilo has officially opened the 5th Solomon Games in Tulagi, Central Province yesterday.
Police on the Hunt for Looters
The Guadalcanal Provincial Police in Solomon Islands have arrested a man in relation to a looting incident, where equipment worth over SBD$3 million (US$420,000) were stolen.
Landowners Win Logging Injunction in Court
Landowners in the Solomon Islands have successfully taken action in the High Court to stop logging in the country's biggest conservation area.
Provincial Government Funds Released
The National Government through the Ministry of Provincial Government and Institutional Strengthening (MPGIS) has released a SB$16.1 million Provincial Capacity Development Funding for Provincial Governments that are qualified for the funding.
Government Refutes Claims by Transparency International
The Solomon Islands Government says a statement issued by Transparency Solomon Islands about a bill to establish an Independent Commission Against Corruption (ICAC) being tabled in Parliament early next year is misleading.
Government Owes University Millions
The Solomon Islands National University's School of Education has closed most of its facilities and services to students funded by the Government.
Community Fights Against Logging Operations
Landowners on Kolombangara Island have successfully taken action in the High Court to stop logging operations and protect the Solomon Islands largest conservation area.
Honiara Hosts Regional Tax Meeting
Solomon Islands Commissioner of Inland Revenue, Mark Bell has welcomed regional delegates and observers to the 10th Anniversary meeting of the Pacific Islands Tax Administrators’ Association (PITAA) to Honiara yesterday.
Lilo to Receive Report on Gold Ridge Royalty
Report on the investigation into the payment of the royalties to Gold Ridge landowners is expected to be presented to the Solomon Islands Prime Minister by the end of the week.
Fiji Hosts Look and Learn Team
A joint look and learn team comprising officials from the Solomon Islands Ministry of Provincial Government, the Choiseul Provincial Government and the Ministry of Lands, Housing and Survey have left for a mission in Fiji.
Local Company Reaches New Heights
Varivao Holdings Limited, a coffee exporter from the Solomon Islands, has significantly improved its production level with support from the European Union (EU) and the Secretariat of the Pacific Community through the EU-funded Increasing Agricultural Commodity Trade (IACT) project.
Gizo Flights to Resume
Solomon Airlines has announced that flights to Gizo in the Western Province will recommence on September 22 following the scheduled completion of work on the Nusatupe airstrip.
Sort Out Your Differences: SICCI
The Solomon Islands Chamber of Commerce and Industry is calling on the Government, Opposition and Civil Society groups debating over the media to sort out their differences and put the issue to responsible authorities.
Businesses for Indigenous People Looked Into
The Solomon Islands Ministry of Commerce, Industry, Labour and Immigration says it is investigating allegations that foreigners are finding ways of running businesses reserved for indigenous people.
