SI warned of declining logging industry

The country faces a challenging future in terms of its economic growth given the dwindling forestry industry as more natural forests are being logged out. Asian Development Bank (ADB) economist Milovan Lucich who is looking after Nauru, Solomon Islands and Vanuatu sounded the alarm during last week’s ADB Pacific business media summit in Sydney, Australia.…

ANZ goMoney merchant now in Noro

ANZ on Tuesday announced the addition of another ANZ goMoney merchant  to its expanding network across the Solomon Islands. A statement from the bank said Soltai Staff Credit Union in Noro is ANZ’s latest ANZ goMoney merchant in the Western Province, taking the total number of merchants in the area to 16. “ANZ goMoney will…

Solomon Post violates convention, says Kelly

SOLOMON Islands Postal Corporation violated the Universal Postal Union Convention when it temporarily closed its Auki office in Malaita. That’s according to former deputy chief executive officer Sione Kelly. He said under the convention, Solomon Post is required to give a three-month notice to the public about closing its office before it could do so.…

Shipping commission meets

On 1 January this year, the Central Pacific Shipping Commission (CPSC) became operational. Work to achieve this began after the governments of Kiribati, Marshall Islands, Nauru and Tuvalu signed a regional agreement on international commercial shipping in 2010. CPSC is an initiative born out of the call of leaders in Pacific small island states to…

Internet speed plans

LIKE mobile phones, the internet is a need for many ordinary consumers in today’s modern technology-driven society. Internet service providers (ISPs) understand the demand and have tried to attract consumers with promotions highlighting how faster their speeds are or how generous they are with data. The fact is that consumers are hooked on to their…

CBSI on monetary policy stance

The Central Bank of Solomon Islands (CBSI) board has decided in its meeting on Thursday 27th March 2014 to move away from the moderate contractionary monetary policy stance that prevailed in the recent six months to a neutral monetary policy stance over the next six months. The decision reflects current inflation trends and expected macroeconomic…

New Marau Sound tourism association

A new tourism association has been formed over the weekend known as the Marau Sound tourism association. This came after a delegation from the Solomon Island Visitors Bureau (SIVB) visited the area over the weekend. The association was formed on Saturday after a meeting with SIVB. SIVB was excused when the election took place. And…

Operators learn difference about SIVB, ministry

LOCAL tourism operators in Marau, east Guadalcanal on Saturday learn about the different functions Solomon Island Visitors Bureau (SIVB) and ministry of culture and tourism and the role they played in the tourism industry in Solomon Islands. SIVB board of director Andrew Nihopara explained the difference of these two organisations after operators asked about it.…