CBSI issues new monetary policy stance

FOLLOWING a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on Wednesday, the Governor and Chairman of the Board, Denton Rarawa announced that the CBSI monetary policy stance for the next 6 months will remain accommodative but with a particular bias towards addressing the excess liquidity in the banking system. A statement from…

SI yet to be a WIPO member

SOLOMON Island is yet to become a registered member of the World Intellectual Property Organization (WIPO). Despite that the country continues to receive support from WIPO. Director of Culture Division in the Ministry of Culture and Tourism (MCT) Dennis Marita revealed this during a two days draft Solomon Islands Intellectual Property Rights Strategy’ facilitated by…

Top Australian film crew coming

Solomon Islands Visitors Bureau(SIVB)  and Solomon Airlines have combined resources to host a major Australian travel film crew on an 11-day shoot in the country. A joint statement said, the visit by Channel Seven Australia’s ‘The Travel Bug’ is part of a major thrust aimed at showcasing the many and varied attractions the Solomon Islands…

Committee formed to look at assembly house relocation

A COMMITTEE has been established to discuss and look at options to relocate the current provincial assembly house. The first meeting was held on Wednesday. The seven committee members are; •      George S Lilo .MPA (south Rendova Ward) Chairperson •      Richard Tekifono (Speaker to the Assembly) Deputy Chairperson •      Wayne Maepioh ,MPA(Ngatokae Ward)Member •      Ramrakha…

Workshops to strengthen MSG trade

PORT VILA, (MSG) – A series of workshops for Melanesian Spearhead Group (MSG) countries are underway in Port Vila, Vanuatu on issues relating to the MSG Trade Agreement. Four events are scheduled with the workshop on Rules of Origin held this week on Tuesday 14th April, followed by the Technical Working Group meeting on Trade…

New Awards to MPs

ALL Members of Parliament are now entitled to life pensions under latest awards approved by the Parliament Entitlements Commission. Previously, those who served for only a term in parliament are not entitled to pension. But under a new award the commission approved recently, a MP who served a term is entitled to a life pension…

Son cleared of father’s death

A MAN accused of the murder of his father at Gilbert Camp, Honiara last month, has been freed yesterday. This was after Principal Magistrate Edwin Saramo acquitted James Hou, following insufficient evidence to link him with his father’s death. He said according to the evidence, witnesses confirmed the deceased has a history of having fits.…

Accused discharged of murder

A MAN has been discharged of a murder case on Tuesday in the Honiara Magistrates’ Court. This is to allow police carry out further investigation into the case. Isaac Para was discharged of the murder charge which means he may be charged once further investigation is complete. He is co-accused with Stanley Gitoa and Alphy…