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.…

SIVB officials visit Marau tourism operators

A delegation from the Solomon Island Visitors Bureau (SIVB) conducted their third provincial visits to Marau Sound, East Guadalcanal. The first two provincial visits were made to Auki and Gizo early this year. The visit to Marau Sound last Friday was headed by SIVB board of director representatives Andrew Nihopara, SIVB chief executive officer (CEO)…

Wave power proposed

THE need to access cheap renewable energy in the pacific is getting Asian Development Bank (ADB) talking and planning into investing in wave power as an option for energy provision in the future. According to ADB’s senior Pacific energy specialist Anthony Maxwell, renewable energy is fast becoming a viable option for Pacific Island countries in…

Why our gold bars in HK

CENTRAL Bank of Solomon Islands (CBSI) says investing the country’s gold bars in Hong Kong (HK) is important because of its closeness to buyers. The bank was responding to questions raised by Malaita Ma’asina Forum (MMF) as to why CBSI has recently deposited the seven gold bars in Hong Kong (HK) and not in the…

PAP pledges to review business laws

A PEOPLE’S Alliance Party led Government will review the country’s Investment Act so national entrepreneurs can be protected from unfair competition posed by rich investors. The decision to review the Investment Act was agreed on at the party’s recent executive meeting in Honiara. PAP Media Officer, George Atkin reports the meeting heard how the Investment…

CYP centre staff thanked

STAFF of the Commonwealth Youth Programme (CYP) Pacific Centre in Honiara, were farewelled Thursday, as the office comes to its closure. THE Ministry of Women, Youth, and Children Affairs organised the farewell ceremony. The ministry’s director of youth Edward Anisitolo commended the CYP staff for their service to the organisation during its operations here. He…

Women in business under-reported

WOMEN participation in business in the region has been under-reported, a media seminar in Sydney was told this week. Speaking in a panel made up of three female journalists,Makareta Komai, PACNEWS editor, highlighted that the issue of women empowerment in the business sector had been given low media attention and coverage by the regional media.…