News – Business

Bina Harbour Tuna Project in Malaita Discussed in Hawaii

Prime Minister Manele highlights the Bina Habour Tuna Project during several discussions with top officials The proposed Bina Harbour Tuna Processing Project in West Kwaio, Malaita Province continues to feature prominently in Prime Minister Jeremiah Manele’s recent international engagements in Honolulu, Hawaii. Prime Minister Manele led a Solomon Islands delegation to attend the Pacific Agenda: Investment, Security, and Shared Prosperity Summit.  The senior-level,…

Youth Apprenticeship Program Launched In Malaita To Empower Youths

A program to support youths with practical skills was commissioned in Auki By SOLOMON LOFANA  Solomon Star, Auki A youth apprenticeship project aimed at empowering young people with practical skills and work experience was officially launched in Auki on Tuesday. The initiative is a partnership between the National Youth Congress and Plan International, with the Malaita Provincial Youth Division…

Double Island Resort Opens in Central Province

Double Island Resort, locally known as Rua Kokomu Island Resort, located in Central Islands Province was officially opened on Friday. The Government for National Unity and Transformation (GNUT) has provided modest financial assistance to support hotel development, recognizing the urgent need to increase the availability of tourist accommodation nationwide in response to a rise in…

CBSI Monitors Inflation Risk Amid Middle East Oil Price Surge

CBSI warns rising global oil prices from Middle East conflict could push domestic fuel costs higher, increasing imported and headline inflation in Solomon Islands. Honiara – THE Central Bank of Solomon Islands (CBSI) is closely monitoring recent developments in the Middle East, where military strikes by US and Israel on Iran on 28th February have…

Fataleka Hands Over 121 Homes, Targets 500 by 2028

Fataleka Constituency hands over 121 new homes to rural families and plans to build more than 500 houses by 2028 to improve living standards. HONIARA – Fataleka Constituency in East Kwaio, Malaita Province has handed over 121 newly built homes to rural families as part of an ambitious plan to construct more than 500 houses…

AIM-N Project Launched To Boost Rural Livelihoods

The Agriculture Investment for Markets and Nutrition (AIM-N) Project was officially launched in Gizo, Western Province on Monday making a significant step toward improving rural livelihoods and strengthening agricultural development. Minister for Agriculture and Livestock Development (MALD) Franklyn Derek Wasi, officiated the launch. He described the initiative as a major investment aimed at supporting rural farmers and improving food…

PM Manele: Invest in agriculture, renewable energy

Solomon Islanders have been encouraged to invest in the agriculture sector and renewable energy to stop the ‘dependency syndrome’ and protect families from global external shocks. Prime Minister Jeremiah Manele issued the statement on Sunday during a press conference organised to update the nation on recent international engagements, national developments, and Government priorities as the government…

Regional Airport Asset Maintenance Initiative Commences

Government through the Ministry of Communication and Aviation (MCA) has officially commenced the Regional Airport Asset Maintenance consultancy under the Second Solomon Islands Roads and Aviation Project (SIRAP2), financed by the World Bank. This initiative is being delivered by the joint venture between Gyros Corporation and Pacific Consultants Co Ltd, following the contract signing on…

CBSI Closely Monitoring Inflation Risk Amid Escalating Middle-East Conflict

The Central Bank of Solomon Islands (CBSI) is closely monitoring recent developments in the Middle East, where military strikes by US and Israel on Iran on 28th February have triggered a sharp rise in global oil prices. Brent crude oil, which was trading at around USD70 per barrel, surged by 17% to USD84 per barrel,…

Fulisango Road Repairs Underway

Fulisango Road in Central Kwara’ae, Malaita Province, has been undergoing repairs and maintenance carried out by the local Trades Transformation Company Limited (TTC) since last week.  This 9 km unsealed road network has been in a deteriorated state for the past two years. The contractor has initially conducted emergency works to make it trafficable and…