BRISBANE Airport chiefs are planning to build a monorail system to move passengers around the hub as they prepare for a huge increase in traffic over the next 20 years. The mass transit system proposal is part of a draft master plan to be released this week outlining $2.5 billion of development at the airport…
The country faces a challenging future in terms of its economic growth given the dwindling forestry industry as more natural forests are being logged out. Asian Development Bank (ADB) economist Milovan Lucich who is looking after Nauru, Solomon Islands and Vanuatu sounded the alarm during last week’s ADB Pacific business media summit in Sydney, Australia.…
ANZ on Tuesday announced the addition of another ANZ goMoney merchant to its expanding network across the Solomon Islands. A statement from the bank said Soltai Staff Credit Union in Noro is ANZ’s latest ANZ goMoney merchant in the Western Province, taking the total number of merchants in the area to 16. “ANZ goMoney will…
SOLOMON Islands Postal Corporation violated the Universal Postal Union Convention when it temporarily closed its Auki office in Malaita. That’s according to former deputy chief executive officer Sione Kelly. He said under the convention, Solomon Post is required to give a three-month notice to the public about closing its office before it could do so.…
Senior officials responsible for energy and transport in Pacific Island countries and territories gathered in Nadi, Fiji on Monday to participate in two days of meetings ahead of the Pacific Regional Energy and Transport (Aviation and Maritime) Ministers’ Meeting, which starts today. The officials’ meeting, organised by the Secretariat of the Pacific Community (SPC) in…
ST Barbara’s Simberi operations in New Ireland has focused on community involvement to promote the national safety week which ended last Friday. Health and Safety superintendent Daan Van Pletzen said the company was putting more stress on schools around the island. Activities on Simberi began the previous Sunday, which saw nine different departments in the…
Usually when you are talking of billions of dollars of investment in the Pacific you are talking about countries like Papua New Guinea or East Timor. But, in terms of infrastructure, there is an organisation that has a budget of well over one billion dollars to invest in small Pacific countries. The Pacifc Regional Infrastrucutre…
On 1 January this year, the Central Pacific Shipping Commission (CPSC) became operational. Work to achieve this began after the governments of Kiribati, Marshall Islands, Nauru and Tuvalu signed a regional agreement on international commercial shipping in 2010. CPSC is an initiative born out of the call of leaders in Pacific small island states to…
LIKE mobile phones, the internet is a need for many ordinary consumers in today’s modern technology-driven society. Internet service providers (ISPs) understand the demand and have tried to attract consumers with promotions highlighting how faster their speeds are or how generous they are with data. The fact is that consumers are hooked on to their…
The Central Bank of Solomon Islands (CBSI) board has decided in its meeting on Thursday 27th March 2014 to move away from the moderate contractionary monetary policy stance that prevailed in the recent six months to a neutral monetary policy stance over the next six months. The decision reflects current inflation trends and expected macroeconomic…