Air Niugini, Virgin announce suspension

TWO airlines operating services into Honiara will temporarily suspend their international services into Honiara towards the end of this week. In a statement, agents for the two airlines Guadalcanal Travel Solomons (GTS) said Virgin Australia made its final service from Brisbane to Honiara and return Thursday. Virgin Australia Group made the decision in response to the…

Payment System Bill, Tax Administration

Bill to Parliament The Ministry of Finance and Treasury (MoFT) has successfully secured the Cabinet endorsement of the National Payment System Bill and Tax Administration Bill 2019 to be table to Parliament.  This was confirmed by the Minister of Finance and Treasury Harry Kuma. A statement from MoFT said the National Payment System Bill 2019,…

CURRENT MONETARY POLICY STANCE

At its meeting held on March 12th 2020, the Central Bank of Solomon Islands’ (CBSI) Board adopted an expansionary monetary policy stance for the next six months and aims to support growth in the economy, as inflation is expected to remain within its desired level. This decision was taken considering the expected slowdown in global…

Solomon Water, stakeholders enter dialogue

SOLOMON Water on Monday held a meeting with its stakeholders in Auki, Malaita Province, to update them of the latest in the Auki Water Supply upgrade project.  The meeting allows the opportunity for stakeholders to learn more about the upgrade project which includes 1km pipeline replacement.  The meeting also permits time for Solomon Water to hear…

Coronavirus could affect tourism sector

SOLOMON Islands tourism sector will be certainly hit hard if the coronavirus (2019-nCov) crisis continues. “It will cause unprecedented damage to tourism businesses,” says Tourism Solomon Islands Chief Executive Officer Josefa Tuamoto. Speaking to this paper, Mr. Tuamoto said for the Solomon Islands the situation is very fluid at the moment. When asked if they…

New airbus in operation

Following the arrival of the Solomon Airlines’ new Airbus A320 at the Honiara International airport over the weekend, the aircraft dubbed ‘Spirit of Solomon’ is now into full service. On Saturday it left Brisbane, Australia at 9am, transiting through Munda in Western Province before heading to Honiara. Upon its arrival in Munda, reports reaching the…