Habu spells out plan for growth

THE Isabel provincial government has seen the importance of infrastructure developments as a wheel for economic developments, says its premier James Habu. Mr Habu highlighted this in his presentation last week, during the 8th Premiers Conference in Honiara. He stated that the policy statement of the province is to develop infrastructure plans to foster accessibility…

Isabel serious in developing tourism

THE Isabel Provincial government has registered its seriousness in venturing into the tourism industry of the province in full swing. This was highlighted by the Premier James Habu during the 8th Premiers Conference in Honiara last week. In the Provincial Government Policy statement as highlighted in the premier’s presentation, “Isabel province has a sustainable tourism…

Farmer glad to receive cattle

A local cattle farmer Frinton Vaka Rere who received seven herds of cattle yesterday from  the first ever distribution in 15 years spoke highly of the Ministry of Agriculture and Livestock Department for the support. Mr. Rere is among the first six farmers who receive the first distribution of the herds from Tenavatu Farm in…

Herds of cattle distributed

Tenavatu cattle farm has lived up to its expectation which saw the first distribution of cattle to local farmers on Monday.  Director of Livestock and Veterinary Services Rarney Keqa said the primary purpose of the Tenavatu cattle farm is to breed cattle and then distribute them to small local holders in the country and the…

UK firm excited with partnership here

LUCY BEE Limited, a United Kingdom based company has uttered their utmost excitement in establishing a business partnership with the locally operated Kokonut Pacific Company. This was, in sharing the locally produced coconut oils to the UK market. In her remarks to announce the milestone achievement, a Lucy Bee Ltd representative said that the coconut…

BSP makes banking more accessible

Bank South Pacific (BSP) continues to make banking more accessible, with the announcement of new Agents. Saula Family Relaytion Shop in Luanuia (Ontong Java) and Danny Shop in Sasamungga (Choiseul) are the latest addition to the bank’s branchless banking network. Establishment of this network is further evidence that BSP would go the extra mile to…

CBSI: Growth consistent with recovery

The country’s current economic growth has been consistent with the progress of its recovery, according to Central Bank of Solomon Islands’(CBSI latest monetary policy. The report stated this consistency falls slightly to the previous prediction made in early March 2015 which was projected at 3.3 percent. Current prediction of economic growth status sits at 3.2…

SIPA to impose rates on seafront owners

Property owners along Honiara’s coastline will soon pay rates to the Solomon Islands Ports Authority (SIPA). The new rates, which are yet to be determined by SIPA’s board, are part of the current reform the state-owned enterprise is implement. “SIPA is the rightful owner of Honiara’s seafront from the low water mark to the high…

CBSI declares monetary policy stance

THE GOVERNOR of Central Bank Denton Rarawa says CBSI monetary policy stance for the next six months will remain accommodative as recent economic developments and near term macro projections remain favourable for supporting growth. The stance came following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on Thursday. Acknowledging that economic growth…