CENTRAL Bank Governor Dr. Luke Forau says there needs to be a refocus in the country’s development strategy and this is now the right to time to do it. He made the state statement in his speech to launch the CBSI 2019 Annual Report, Tuesday. “Perhaps, this is the opportune time ‘to do things differently’…
BLP joins with SIDE Dive Munda to launch COVID-19 Human Capital Virtual Consulting New Georgia, Solomon Islands – High profile Solomon Islands dive tourism entrepreneur, Belinda Botha has stepped up with a timely and proactive helping hand to offer virtual business coaching advice to struggling South Pacific tourism operators – COVID-19 Human Capital Virtual Consulting.…
SOLOMON Ports says it is now fully prepared for any possible lockdown scenario as the Covid-19 Pandemic continues. As part of preparing for a possible lockdown scenario, new prefab container houses have been completed as an ‘Emergency Response Compound’ for port workers. As an essential service provider to the country, Solomon Ports is taking these…
PRIME Minister Manasseh Sogavare says preliminary predictions by CBSI and the Ministry of Finance indicate that Covid-19 is ‘likely to have a considerable negative impact on the economy’. Sogavare made the statement at the launching of the Economic Stimulus Package this week in Honiara. He said the country is now heading towards recession in the…
SOLOMON Airlines and the soon to open Development Bank of Solomon Islands (DBSI) will each receive $20 million under the stimulus package Prime Minister Sogavare unveiled, Monday. Sogavare launched the $309 stimulus package his government produced to cushion the negative effects of COVID-19 on the economy. Solomon Airlines and DBSI will receive their allocations under…
THE shutdown of the logging-affected Kongulai water source last week followed by a major power outage on Monday has affected Solomon Water’s production level causing low water supply and no water to many Honiara residents. That’s according to Solomon Water in a statement issued on Tuesday. “It was unfortunate as our water network system was…
The Naha satellite market in Vura Ward in East Honiara has been part of a long term plan for the current Honiara City Council (HCC) administration. Mayor Wilson Mamae made the statement in response to an article published in the Solomon Star newspaper on Tuesday with regards to Vura Ward advisory committee wanting to have a…
The Young Entrepreneurs Council Solomon Islands (YECSI) and the New Zealand Government were pleased to formalise a partnership to support the development of young Solomon Islanders in a signing ceremony last week. YECSI Chairlady, Ms Millicent Barty extended her appreciation for the partnership after signing a grant funding agreement with the New Zealand High Commissioner…
CITY Mayor Wilson Mamae and his Clerk Rence Sore have volunteered to take a 25 percent pay cut for the next six months as the economic impact of the coronavirus on public finances intensified. City Clerk Sore confirmed this on Monday following their executive meeting. Sore added all non-essential service workers of the council will also…
SOLOMON Islands is amongst 25 International Monitory Fund (IMF) to get six months free charge of debt repayments to the International Monetary Fund. In a recent issued statement, IMF has approved a funding of $500 million to help the 25 world’s most impoverished countries so they can help tackle the COVID-19 pandemic. Those countries include…