The country’s national inflation has climbed to 0.7 per cent in July 2019 after a 0.1 per cent movement noted in the month of June. Government Statistician, Douglas Kimi revealed while releasing the national (all groups) consumer price index (NCPI) this week. Mr. Kimi said the NCPI increased to 0.7 per cent in July 2019…
Fisheries Minister Hon Nestor Ghiro who is on his first official visit overseas has had a fruitful discussion with the Overseas Fishery Cooperation Foundation (OFCF) of Japan over the weekend. Honourable Ghiro who led a small delegation comprising the Permanent Secretary Dr Christain Ramofafia, Director Mr Edward Honiwala and the Chief Crown Counsel from the…
LOCAL farmers have been encouraged to start planting kava because of its high demand and financial benefit. Charles Tuti, a local kava farmer from Malaita province said since engaging in kava farming he has financially benefited from the crop. He said kava is a lucrative industry which has the potential to bring huge benefits to…
ANZ on Wednesday announced Martin Beattie as the newly appointed Country Head for its ANZ operation in Solomon Islands. Tessa Price, Regional Executive Pacific said: “Solomon Islands is on the cusp of huge economic change, with a number of major infrastructure projects planned. As the only international bank, it is a great privilege for ANZ to…
The Solomon Islands Chamber of Commerce and Industry (SICCI) is calling on Solomon Power to work together with the Ministry of Mines, Energy and Rural Electrification to approve an immediate reduction in electricity tariffs in the domestic, commercial and industrial segments. This comes after recent private sector consultations with SICCI members revealed that the cost…
Prime Minister (PM) Manasseh Sogavare has stated he welcome chinese investors to the Solomon Islands. During his official visit to Beijing, the PM met with various Chinese inventors such as China Railway Group and Bright Foods Limited. The PM acknowledged the rich natural resources of the Solomon Islands and stated that the country has a…
BRED Bank Solomon will open its doors tomorrow to allow customers to process personal & home loan applications and open news accounts. Chief Executive Officer (CEO) Owen Thomson yesterday confirmed that there will be no other banking services provided on that day except for the two loans applications. “We are opening on Saturday morning from…
THE Solomon Islands Government has signed historical air service agreements with the governments of the United Arab Emirates (UAE) and Turkey, the Prime Minister’s Office said. Minister of Communication & Aviation Peter Shanel Agovaka signed the agreements recently which now open up the opportunity for both countries and their designated carriers to formalise services between…
SOLOMON Islands National provident Fund (SINPF) is encouraging members of the public to join its “youSave scheme”. General Manager Mike Wate made the call when releasing the Fund’s financial and operational performance report for the year ending 30th June 2019. He said the informal sector pension scheme youSave continues to expand with 9,871 members registered…
AXIOM Mining Limited (AML) says it has initiated legal proceedings at the High Court over the government’s handling of its export permit application. General Manager Dr Phil Tagini said they’ve filed a claim for judicial review against the decision of the Minerals Board, as well as a misfeasance claim against the Minister of Mines Bradley…