The Minister for Ministry of Finance and Treasury (MoF) stated he will bring the full implementation report on the Economic Stimulus Package (ESP) before Parliament in early 2022. Minister Harry Kuma highlighted this in Parliament during the Motion of Sine Die on Wednesday. “At present the monetary program implementation is currently being done and I…
ANZ Bank has announced it would donate AUD100,000 (SBD800K) to the Solomon Islands rebuild, including some funds previously announced for COVID19 relief. This was revealed by ANZ Solomon Islands Country Head, Martin Beattie, in a statement yesterday. “The Solomon Islands has had a turbulent history but it is a proud country and we truly believe…
HYPERCHEM Pharmacy in the heart of Honiara’s Point Cruz remains open, despite the limited movement of people in town when the Motion to oust the Prime Minister was debated, Monday. According to the outlet’s Manager and Owner, Debrelynne Alorro, unlike many other businesses that decided to close their doors on that day, they have decided…
INTERNATIONAL arrivals into the country for the third quarter of 2021 has further decreased compared to the second quarter, with 82 people recorded. The National Statistics Office released the latest report on Monday 6th December 2021. Government Statistician Douglas Kimi said the total number of arrivals showed a decrease of 88.9% compared to the previous…
PERSONS with Disabilities in Malaita Province last Friday celebrated the International Day of persons with Disabilities in Auki. The International Day of persons with Disabilities was marked in Auki under the theme, “Leadership and participation of persons with disabilities toward an inclusive, accessible and sustainable post covid-19 world.” The event started with a parade from…
The Honiara City Council has encouraged those who experienced unfair pricing or being overcharged by buses or taxis (public transport) to contact the Law Enforcement Unit for further action. There have been reports that certain shops have hiked their prices very high following last week’s riots, whilst in one case, a bus had increased its…
The Central Bank of Solomon Islands (CBSI) has updated its initial assessment on the cost of the damage of the riot on the local economy. The extent of the adverse impact on the economy is extensive and estimated to have reached $534 million, up from the $227 million initially estimated. There around 63 buildings being…
SOLOMON Airlines has confirmed the national carrier’s domestic flight schedule has recommenced regular domestic operations as of yesterday. Solomon Airlines CEO Brett Gebers has confirmed this in a statement on Monday. “We have carefully evaluated the situation and the current environment and now that it is safe to operate, we can confirm we are back…
The Central Bank of Solomon Islands (CBSI) is calling on the general public to respect all banks and other financial institutions’ properties in Honiara. This call was made following last week’s events which saw several key properties being damaged, including a bank building and ATMs, which were razed to the ground by fire. “I want…
The Central Bank of Solomon Islands (CBSI) has conducted an initial impact assessment over the damage to the economy caused by the recent unrest and riots in Honiara since Wednesday. The findings have revealed that the loss to the local economy is estimated to be around $227 million at a minimum. Domestic economic activity, including…