Noni buyer to set-up in Auki soon

A  NONI buyer will soon set up an outlet in Auki to buy Noni from farmers in Malaita Province. This was after a visit made by a team from Chottu Guadalcanal Product (CGP) Company to interested local farmers in Auki last year. The visit was made possible through collaboration between Malaita Provincial Youth Council in…

CBSI tight lipped over ESP saga 

THE Central Bank of Solomon Islands (CBSI) is tight-lipped over the continuous media reports that the Economic Stimulus Package (ESP) is soon to dry up as Government is seeking additional funds to keep it running. As understood, all Government accounts are with CBSI meaning it is the bank to the Solomon Islands Government. This paper…

ECONOMY HIT HARD

THE continuous impact of COVID-19 pandemic has continued to affect the country’s economy while the government is in a desperate situation to keep it afloat with the Economic Stimulus Package (ESP). According to the Central Bank of Solomon Islands (CBSI) latest monthly report, the domestic production shows that CBSI preliminary monthly production index in November…

LSL UP FOR SALES

International sales campaign of all issued shares linked to Levers Solomon Ltd   AN international campaign to sell shares owned by one-time principal in Russell Islands Plantation Estates Ltd (RIPEL) and Levers Solomon Ltd (LSL) group of companies, Van Vlymen, has begun. Worrells Solvency and Forensic Accountants launched the share-sales campaign in Sydney last Friday,…

CBSI: Gov’t records $196m deficit

  THE government has recorded a deficit of $196 million in November following a $97 million deficit the previous month.  That’s according to the Central Bank of Solomon Islands (CBSI) November report. The report stated this outcome mirrored an upsurge in the expenditure by 32% to $426 million and a 2% increase in total revenue…

Communication breakdown in Buala

THE residents and government employees in the Isabel Province headquarter are badly affected by network outage from Saturday till Tuesday. Reporting from Buala Natasha Eta who works and resides there said the network outage really affects them. “We cannot make any calls via our office landline and mobiles everything just shut down,” she added. When…

ESP RUNS OUT OF MONEY

THE cat is out of the bag – the Government’s much-talked-about Economic Stimulus Package (ESP) has run out of money, an investigation by Solomon Star has established. At the same time, our investigation has also found that the Ministry of Finance and Treasury gave misleading information in its economic growth forecast in a booklet the…