The Central Bank of Solomon Islands (CBSI) is committed to ensuring that the payments system landscape of the country is modernised, efficient and meets international standards for payments and securities settlements. This was reiterated by CBSI following the passing of the Payment Systems Bill (PSB) in Parliament recently. The Bill which was tabled in Parliament…
NATIONAL flag carrier has announced that as of this week passengers traveling from Australia and Fiji don’t need to email their vaccination document before traveling to Solomon Islands. However, they must show proof of negative vaccination proof 72 hours before flying. In a statement yesterday the Airlines said; “Effective today, passengers travelling direct from Australia…
The Tax Administration Bill currently being debated in Parliament will replace and modernize the current administrative processes in each of the current tax laws to achieve consistency and compliance in the tax administration. The current tax laws include the Income Tax Act, the Goods Tax Act, the Sales Tax Act and the Stamp Duty Act.…
A total of 82 people were granted dual citizenship status after Solomon Islands Dual Citizenship Act was enacted four years ago. This was confirmed by the Minister of Home Affairs Christopher Laore in Parliament on Thursday. He was responding to a question raised by Opposition Leader Matthew Wale who asked whether the dual citizenship regulation…
THE newly revived Commodities Export and Marketing Authority (CEMA) is to buy Hammock Beach – a popular beach front property west of Honiara – for $7 million, CEMA has confirmed. A down payment of $1 million has been made to local firm, Hatanga Ltd. According to CEMA, the land on which Hammock Beach is located…
Authorities appear to have acted illegally to burn harvested Beche-de-mers POLICE and the Ministry of Fisheries and Marine Resources appear to have acted illegally by burning an estimated ton of beche de mer on 30th June 2019, almost a year after the Court of Appeal ruled the country no longer has the law to impose…
The Minister for Mines, Energy and Rural Electrification, Bradley Tovosia is encouraging development partners to support the country’s energy sector to fund studies in other renewable energy sources like geothermal, biomass, wind and additional hydropower resources. Minister Tovosia made the remarks during last week’s launching of the country’s Renewable Energy Roadmap which was attended by…
The Minister of Finance and Treasury, Harry Kuma has outlined risks in the country’s current payments system which necessitates the passage of the Payments System Bill by Parliament. These risks are heightened by the fact that the advancement in technologies has provided many choices to people on how payments are conducted and while technology continues…
NATIONAL flag carrier Solomon Airlines has announced its code-share flight services with Air Niugini between Solomon Islands and Papua New Guinea (PNG) that will recommence next month. In a statement yesterday Solomon Airlines announced the service which will resume on Saturday 6th August, a month after the country’s international borders have reopened. “We are pleased…
A HIGH level delegation from Solomon Water management and its Board is visiting the Western Provincial capital of Gizo starting today. The delegation will include Solomon Water management executive, Board members and project contractor. The purpose of the visit is to conduct a site visit to where the new Solomon Water Customer Care Service Centre…