IMF: SI economy hit hard by Covid-19

THE COVID-19 pandemic and its economic fallout has hit hard on the country’s economy. Head of International Monetary Fund (IMF) to Solomon Islands Jarkko Turunen during the IMF virtual press conference yesterday said while the government stringent measures are required to contain and suppress the pandemic to protect lives, these measures will also increase the…

Solomon Power expands to Tulagi

SOLOMON Power has opened its new office in Tulagi, Central Province on Friday as it continues to extends its operation nation-wide. Central Provincial Premier Stanley Manetiva in honouring the opening of the new classic Solomon Power office building in Tulagi said such development is much needed as there are expansion of settlement on the island.…

Fisheries IUU Operation ‘Kurukuru’ successfully ends

ONE of the largest fisheries surveillance operations in the world, Operation Kurukuru, came to a successful close on Thursday following 12 days of international co-operation to target Illegal, Unregulated and Unreported (IUU) fishing in the Pacific. Pacific Islands Forum Fisheries Agency (FFA) Director Fisheries Operations, Allan Rahari said the FFA-coordinated Operation combined intelligence gathering, analysis…

MULTI-MILLION $$ UNDER-TAKING

OUR Telekom is investing millions of dollars ($) in telecommunication infrastructure development that will see thirty-five 2G sites nation-wide being upgraded and operational as early as next year. In a paid feature which appeared in the Solomon Star newspaper, it highlighted that this massive undertaking is part of the company’s Second Business Transformation Project. These…

FAKE MONEY ON THE RISE

Fake $50 note discovered, confiscated in Gizo A FAKE $50 note has been discovered in Gizo, Western Province when a man attempts to make a deposit at the Bank South Pacific (BSP) this week. Information received from locals who witnessed the incident said the man’s intention was to deposit the cash at BSP Gizo. “He…

$15M DEAL SIGNED

ADB, Solomon Islands sign $15.5 Million Grant to boost Tax Reform THE Asian Development Bank (ADB) and the Government of Solomon Islands today signed grant agreements amounting to $15.5 million to help improve the country’s tax system. The agreements, part of the Domestic Resource Mobilization Project, were jointly signed by ADB Executive Director Tony McDonald,…

AIRLINES HAILS NEWS

Ready to resume Nadi service Repatriation flight from Fiji confirmed Solomon Airlines has welcomed the announcement of Pacific neighbour Fiji’s international border reopening, confirming Solomon Islands national carrier is also ready to increase scheduled international flying, when the time is right. In a statement Tuesday, the national flag carrier said after Fiji reached its milestone…