MONTHLY headline inflation for Honiara rose by 0.6 per cent points to 0.8 per cent in September, compared to the 0.2 per cent points noted in August, 2018. The Solomon Islands National Statistics Office (SINSO) revealed it in its Honiara Consumer Price Index (CPI) report made available this week. Government Statistician, Douglas Kimi, while releasing…
DROP in imports attributed largely to the significant trade surplus recorded for Solomon Islands during the March quarter. This was after the local economy made a $142.8 million as trading surplus in the first quarter of this year (2018), an improvement trailed after a deficit of $334.2 million observed in the final quarter of 2017.…
Ministry to bid again for defunct tourism project MAENI COMFORTIn Gizo The Ministry of Culture and Tourism (MCT) is bidding again to continue with the construction work of the defunct Tourism project in Gizo which already used-up more than four Million dollars between 2014 and 2015. But, this will depend entirely on the 2019 budget…
COMMODITIES Export Marking Authority (CEMA) will be working closely with the local farmers to obtain the best quality cocoa and coconut products as part of encouraging downstream processing. CEMA Chief Produce Inspector Patterson Siliota highlighted this during the closing of the World Food Day celebration yesterday in Honiara. At the event CEMA demonstrated the process…
A GOOD number of people have flooded the Taiwan Technical Mission (TTM) stall to taste a variety of local taros displayed during the world food day celebrate at Townground in Honiara this week. These local taros were planted at the TTM farm opposite King George Sixth School in East Honiara. “These local taros are awesome,”…
THE Solomon Islands and Australian governments are well underway in delivering high speed internet here The Coral Sea Cable System will connect Honiara to Sydney and the Solomon Islands Domestic Network will link Honiara with Auki, Noro and Taro. Weather permitting, later this week, the marine survey vessel, the RV Northern Endeavour, will start its…
Solomon Islands Ports Authority (SIPA) is currently focusing on the implementation of a quality, energy, and environmental management for port’s operations as the guiding principles of their work in support of the Pacific Community’s (SPC) Green Pacific Port initiative. This was revealed by Dr. Zullah Mohommed Asid of SPC and officials from SIPA during a…
On Saturday night Sullivans and Australian wine giant Tempus Two hosted a wine tasting at French restaurant Club Havana. Winemaker Andrew Duff arrived in the Solomon Islands to host the event and educated guests on the wine-making process for this innovative wine. The evening’s highlight was the tasting of Tempus Two Copper Wilde Chardonnay. This…
THE Ministry of Forestry and Research (MoFR) has come out to clarify comments made on the Solomon Business Magazine online’s Facebook page as inaccurate and does not reflect the Ministry’s actual work plans. Comments made alleged Minister Samuel Manetoali’s recent visit to Eagon Pacific Plantation Limited’s (EPPL) as politically driven; describing it as an eleventh…
Central bank defends operations of Pan Oceanic Bank By JOHN AATAI CUSTOMERS of Pan Oceanic Bank (POB) are advised to stay calm amidst claims the bank may be forced to close down soon. The Central Bank of Solomon Islands (CBSI) says the claims, which were made in an email that has been widely circulated, were…