CBSI LIFTS FOREIGN EXCHANGE PAYMENT LIMITS

News - Business

WHILE lack of money prevented Solomon Islands from celebrating its 43rd Independence Anniversary on Wednesday, the Central Bank of Solomon Islands (CBSI) surprised everyone by easing restrictions on how much money can be sent overseas per transaction. Businesses can now send $1 million per transaction while personal transactions have been increased to $100, 000 per…

ACCIDENT KILLS FIVE

News - National

Five people died, three injured in a fatal Independence accident   AT Least five people have died and three sustained injuries in a fatal accident on Wednesday night at the Tenaru Bridge. The tragic accident involved a privately owned vehicle used as a passenger vehicle. According to police report, the accident has involved a double…