IN the bustling town of Gizo in the Western Province, residents are grappling with a significant surge in the prices of essential goods. This sudden rise in prices has raised concerns amongst both consumers and local businesses and pose a great challenge to the overall provincial economy. Shopkeepers in Gizo have observed an upward trend…
(GCU) Director General of the Melanesian Spearhead Group, Leonard Louma is impressed by one of Honiara’s renowned fishing trading outlets, Snap Fish Solomons during a recent visit to Honiara on May 12. Director General Louma together with Mrs Sovaia Marawa – the Programme Manager Trade and Economic Development together with the Senior Executive Advisor Mr…
(REUTERS/PACNEWS) SIX Pacific countries are at a high risk of debt distress in part due to government spending to respond to the COVID-19 crisis, the World Bank said in a report on Thursday. The report, titled Raising Pasifika, said fiscal consolidation was needed in Kiribati, Republic of the Marshall Islands (RMI), Federated States of Micronesia…
THE disruption of telecommunication services by both Our Telekom and Bmobile to the Western, Choiseul and Malaita Provinces this week was caused by a fishing vessel anchor, the Solomon Islands Submarine Cable Company (SISCC) has advised. SISCC said, “On 10 May at around 12.45 pm, the Solomon Islands Domestic network cable was damaged by a…
Solomon Islands leads the Pacific island region in terms of SOE profitability, according to the findings of a newly released ADB report (ADB/SolStar) SOLOMON Islands’ robust legal framework for State-Owned Enterprises (SOEs) has contributed to the financial success of its largest SOEs and generated the highest portfolio returns among nine Pacific island countries, a…
Solomon Airlines is planning to expand its flight services to the Autonomous Region of Bougainville in the near future. In the past, the airline flew from Honiara to Kiata, a small jungle settlement in the Torokina District of Central Bougainville in Papua New Guinea. Solomon Airlines CEO, Gus Kraus, recently highlighted that they aim…
Senior Government Officials from Solomon Islands and Vanuatu are currently holding discussions over the Joint- Maritime Border of the two neighbouring countries on the Island of Motalava, in the Torba Province of Vanuatu. The meeting builds on the historical treaty signed in 2016 by the Prime Minister of Solomon Islands, Hon. Manasseh Sogavare and the…
The close-knit Solomon Islands tourism industry and wider South Pacific tourism community is in mourning following the sudden death of Tourism Solomons Board Chair, Robson Tana Djokovic, who has passed away in Honiara. A native of Choiseul Province, Mr Djokovic first joined the then Solomon Islands Visitors Bureau in 2017 when he was appointed to…
SOLOMON Airlines has passed the Operation Safety Audit (IOSA) programme for the International Air Transport Association (IATA). This means Solomon Airlines has been certified for two more years for the IATA Audit check. Solomon Airlines Chief Executive Officer (CEO), Gus Kraus, in a media briefing session this week, highlighted this achievement in which he acknowledged…
THE Autonomous Region of Bougainville (AROB) is open for investment to Solomon Islands and other countries. The Ministry of Commerce, Trade, Industry and Economic Development of the Autonomous Bougainville Government, in a statement issued on 2nd May 2023, stated that AROB is open to business and trade mission establishment. Vice President and Minister for Commerce,…