Inflation drops by 0.7% in August

The National Consumer Price Index (CPI) has dropped 0.7 percent to 105.1 in August 2020 and rebounded by 0.3 percent to 105.4 in September 2020. The Solomon Islands National Statistics Office (SINSO) revealed in its latest NCPI statistical report. Releasing the NCPI report on Friday 27th November, Government Statistician and Census Commissioner, Douglas Kimi said…

GRCLC calls for review of agreement

THE Gold Ridge Community and Landowners Council [GRCLC] has called for an urgent review of a subsidiary agreement it signed with Gold Ridge Mining Ltd in 1996. Among other things, the agreement provides for $10 million in infrastructure community projects such as roads and water supplies over five years from 1996. That’s $2 million a…

Logging picks up

LOGGING performs stronger than expected in the third quarter despite global restrictions as a result of the COVID-19 pandemic. This was revealed in parliament by the Minister for Finance and Treasury Harry Kuma. Logging is one of the country’s key exportation commodities. He said logging shipments have been strong, recording 1.7 million cubic metres of…

Lands revenue records surge

REVENUE collection by the Ministry of Lands, Housing, and Survey (MLHS) through land rentals over the years continue to increase and this year is expected to be highest in eight years. This was revealed by the Commissioner of Lands Alan McNeil in an interview with the paper. “Ministry of Lands revenue collected from land rents…

$5 GAINS TOP AWARD

THE country’s polymer $5 has attained international acclaim overnight when the banknote’s SUSI Flip™ feature was named Best New Currency Feature or Product by the International Association of Currency Affairs (IACA).  The award was one of three given out as part of IACA’s Excellence in Currency Technical Awards, which is staged every two years, a…

Tourism Solomons calls on SI Government to reconsider proposed facebook ban

NTO stresses reliance on social media platform to promote tourism Tourism Solomons has called on the Solomon Islands Government to urgently reconsider a proposed ban on Facebook. Responding to a government announcement on Monday, Tourism Solomons CEO, Josefa ‘Jo’ Tuamoto said like many Solomon Islands-based businesses and the wider community, the organisation was heavily dependent…

Business operators urged to pay up licenses

Small and medium enterprises in the Western Province have failed to pay up their business licenses. This was revealed by the Provincial Treasury Division after visiting all the business operators between Marovo and Shortlands last month. Western Provincial Government (WPG) Provincial Secretary, Jeffrey Wickham in an interview on Tuesday said the treasury staff visited businesses operating…