Economy Archive May 2019
30 articles
Solomon Water Launches “We’re with You” Campaign
Solomon Water is excited to launch its “We’re with you” campaign aimed at providing improved and reliable water services to our customers.
Cocoa Prices Set to Rise to 2011 Levels?
Cocoa suppliers in Solomon Islands have all but conceded that price levels in 2011, when the price hit USD$3826 per ton, is no longer possible.
Careers Market Display Pathways for Students
"As the body representing the private sector, we are focused on supporting businesses to thrive and create jobs, but at the same time we need to inspire our students, our young generation to aim high and to reach their full potential, as they are our future workforce as well as business entrepreneurs."
Hosting of 2019 SPUMS Annual Conference Hailed a Major Success
Attracting delegates from as far afield as Australia, South Africa, the Middle East and the USA, the South Pacific Underwater Medicine Society’s (SPUMS) 48th Annual Scientific Meeting taking place in Honiara last week has been hailed a major success.
Counterfeit Notes on the Rise: CBSI Warns
The Central Bank of Solomon Islands (CBSI) has stated that counterfeiting activities has increased substantially, warning people to be vigilant.
Log Exports Account for 79% of Solomon Islands Foreign Reserves
The Central Bank of Solomon Islands (CBSI) 2018 Annual Report showed that round log exports contributed a substantial portion of the country’s foreign exchange inflows.
Research into Malaria in Solomon Islands Show Mosquitoes Adapting
Research into malaria in Solomon Islands has found that while there have been big reductions in the number of people becoming ill in the past 20 years, the mosquitoes that carry the infectious parasite are adapting their behavior.
SINPF Buys 15% Shares in PNG Based Loloata Island Resort
The Solomon Islands National Provident (SINPF) Board has purchased its’ 15% shares in Loloata Island Resort Limited on Tuesday 14th May 2018 at the Lamana Hotel, Port Moresby, Papua New Guinea. The SINPF bought its shares for K12 million (approx. SBD$30 million) from funds generated from its’ Bank South Pacific equity investment returns.
20 Year Old Arrested for Rape
A 20-year-old man has been remanded at the Lata Correctional Service Solomon Islands Centre in Temotu Province on a charge of alleged rape and will appear in the Lata Magistrates Court on 29 May 2019.
World Bank Grants US$15 Million for Water and Sanitation Projects
Thousands of communities across the Solomon Islands will benefit from improved access to quality water and sanitation services, following approval of a grant for US$15 million (SBD$122 million) by the World Bank’s Board of Executive Directors, as part of a joint project with the Asian Development Bank (ADB).
Can We Counter Fake News?
The fake news that a tsunami warning was issued for Honiara caused panic and confusion as people fled for safety mid-morning yesterday.
No Tsunami Threat or Warning Issued for Solomon Islands
There is panic in Honiara, particularly around the central market and china town area, after news spread of a tsunami warning that was said to have been issued.
Economy to Grow By 3.7%: CBSI
The Central Bank of Solomon Islands (CBSI) projects the economy to grow by 3.7% in 2019.
RSIPF Deploys Officers to Border With PNG
The Royal Solomon Islands Police Force (RSIPF) continues to deploy some of its officers from Honiara to assist officers in the Western and Choiseul Provinces to provide security at the border with Papua New Guinea.
Tourism Solomons CEO Invited to Join PATA Board
Strong recognition for the Solomon Islands on the international tourism stage and huge kudos for Tourism Solomons with CEO, Josefa ‘Jo’ Tuamoto invited to join the Pacific Asia Travel Association (PATA) executive board.
Anglican Operated Schools to Ban Sale of Certain Processed Food
Schools operated by the Anglican Church of Melanesia (ACOM) will soon ban the sale of some processed food – mainly those with high sugary content, high salt content and greasy food - to their students.
New Study Shines Light on Justice Sector
Initial findings from a national survey of access to justice show that citizens commonly rely on traditional authorities to resolve disputes and want stronger links to the formal justice system.
IMO Helps Cut Maritime Emissions in the Solomon Islands
A new IMO video puts the spotlight on how an IMO/EU initiative is helping cut maritime emissions in the Solomon Islands as part of a global project to help tackle climate change.
Two Men Convicted for Illegally Crossing the SI-PNG Border
The Provincial Police Commander (PPC), Choiseul Province Superintendent Vincent Eria welcomes the court decision by the Taro Magistrates Court which convicted two men, 42 and 44 years old, for illegal border crossing on 13 May 2019.
Tsunami Warning for PNG and the Solomon Islands Lifted
A tsunami warning has been lifted for Papua New Guinea and the Solomon Islands after a powerful earthquake struck off the coast of the island of New Britain.
Tsunami Alert After 7.5-Magnitude Earthquake off PNG
A powerful 7.5 magnitude earthquake struck off the coast of Papua New Guinea’s New Britain island on Tuesday, prompting fears of “hazardous” tsunami waves for coasts within 1,000 km of the quake's epicenter.
Canberra Hospital Team Donates Oncology Unit to Solomon Islands
Dr Nalini Pati remembers seeing a young woman at the National Referral Hospital in Honiara having difficulty breathing because her lymph node had swollen to such a size it was restricting her airway.
60 Minutes Highlights Disappearing Islands in the Solomons
With crystal clear blue waters and white sandy beaches, the Solomon Islands are one of the most stunning and remote parts of the Pacific Ocean.
CBSI Launches New $5 Bill on World Tuna Day
The Central Bank of Solomon Islands (CBSI) chose May 2, United Nations World Tuna Day, for the introduction of its new polymer $5 legal tender note. It is money with a clear message.
Moves to Re-float Bulk Carrier Vessel in Rennell Underway
An operation is underway in the Solomon Islands to re-float a ship that ran aground three months ago, causing an environmental disaster.
Water Cuts Due to Logging Activities?
Solomon Water and relevant government Ministries are currently investigating a logging operation near the Kongulai water source area.
YECSI Launches Business Mentoring Programme
The Young Entrepreneurs Council Solomon Islands (YECSI) has launched the first ever business mentoring programme on Thursday 2nd May, 2019.
SICCI Members Updated on Revised Credit Guarantee Scheme
Small Medium Enterprises (SMEs) who are members of the Solomon Islands Chamber of Commerce and Industry (SICCI) had the opportunity to be informed about the revised SME Credit Guarantee Scheme.
RSIPF Investigates Deaths Over the Weekend
Officers of the Royal Solomon Islands Police Force (RSIPF) are investigating the death of two people in separate incidents in Honiara over the weekend.
Trash to Cash: Cleaner, Greener Gizo
At the top of a steep hill in Gizo, the capital of Solomon Islands’ Western Province, four young people are leading a low-key waste management revolution.
