CEMA to open mill in Noro

GOVERNMENT through the Commodities Export Marketing Authority (CEMA) plans to establish a refinery factory in Noro, Western Province. That’s according to CEMA Director Martin Housanau at a follow-up meeting with the Western Provincial Government (WPG) last week. The meeting was to further discuss when to reopen a number of CEMA buying centers in Western Province.…

Solomon Power opens new Gizo office 

Solomon Power has opened its new office at Gizo, Western Province, Tuesday.  The office was officially opened by the Chairman of the Board of Directors David K.C. Quan O.B.E and the Premier of Western Province, David Gina.  This is a milestone for Solomon Power and the opening is a very important event.  The new office…

ESP pilot survey scheduled for next week

A two-day pilot survey will be conducted at Kakabona and Henderson/ Lungga areas next week. The Oversight and Implementing Committee of the Economic Stimulus Package confirmed, Thursday. The pilot survey will be conducted by a team of 18 youths starting Tuesday 27th July 2021. The ESP oversight and implementing committee requested that all recipients and…

Credit Corp repossess ships

THE Credit Corporation has repossessed two passenger and cargo vessels – the MV KIDRON and MV KAFE – a further sign of the worsening impact of the COVID-19 pandemic on businesses. Both inter-island boats were once owned and operated by former Member of Parliament (MP) for East Fataleka Steve Abana. Credit Corporation Asset Management Officer…

GRML lauds gov’t for Taxation MOU

THE GRML Deputy General Manager, Mr. Allen Wang yesterday thanked the Government for its support towards Gold Ridge Mining Limited.  Mr. Wang was speaking during a brief but significant ceremony at the signing of the Memorandum of Understanding relating to Taxation matters affecting Gold Ridge Mining Limited.  In his address Mr. Wang thanked the Government…

CBSI LIFTS FOREIGN EXCHANGE PAYMENT LIMITS

WHILE lack of money prevented Solomon Islands from celebrating its 43rd Independence Anniversary on Wednesday, the Central Bank of Solomon Islands (CBSI) surprised everyone by easing restrictions on how much money can be sent overseas per transaction. Businesses can now send $1 million per transaction while personal transactions have been increased to $100, 000 per…

Marovo copra buyer appreciates DCGA’s ESP

THE Economic Stimulus Package (ESP) which aimed to address the negative economic fallout of the pandemic continues to make its impacts in the country. Recently a local recipient of ESP from Marovo Lagoon has spoken highly of DCGA and its economic assistance to the local coconut industry through its Economic Stimulus Package (ESP) rollout. Elton…