The Central Bank of Solomon Islands has successfully hosted the Solomon Islands Credit Union League (The League) special general meeting in Honiara on the 3rd December 2020 to elect a new Board of Directors for SICUL. Members of credit unions in Honiara and other provinces attended the special meeting and participated in the election of…
THE Gold Ridge Mine Pit removal exercise which is part of the recommissioning process of the country’s only gold mine in Central Guadalcanal is progressing well. A statement from Gold Ridge Mining Limited (GRML) said the removal of illegal settlers in the mining leased areas especially in the mining pits has recommenced in early October…
THE Development Bank of Solomon Islands (DBSI) continues to lend money to borrowers regardless of the negative impacts of COVID-19 on the local economy since the bank’s inception in June this year. The Minister of Finance and Treasury, Harry Kuma announced this positive development in Parliament yesterday in response to a question from Member of…
The Solomon Islands Chamber of Commerce and Industry (SICCI) expressed its appreciation to the Government and the people of Japan for their continuous support to infrastructure development in the Solomon Islands. Members of the SICCI Board and Chief Executive Officer (CEO), Ms. Natalina Hong paid a courtesy call to the Japanese Ambassador to the Solomon…
The National Consumer Price Index (CPI) has dropped 0.7 percent to 105.1 in August 2020 and rebounded by 0.3 percent to 105.4 in September 2020. The Solomon Islands National Statistics Office (SINSO) revealed in its latest NCPI statistical report. Releasing the NCPI report on Friday 27th November, Government Statistician and Census Commissioner, Douglas Kimi said…
THE Gold Ridge Community and Landowners Council [GRCLC] has called for an urgent review of a subsidiary agreement it signed with Gold Ridge Mining Ltd in 1996. Among other things, the agreement provides for $10 million in infrastructure community projects such as roads and water supplies over five years from 1996. That’s $2 million a…
IT’S the time of the year again for pineapples to be in season and once again, Auki market in the Malaita Province has abounded with the crop. The most popular region known for farming the tropical crop is in West Kwaio where local farmers have been engaged in growing pineapple for many years. Since October,…
LOGGING performs stronger than expected in the third quarter despite global restrictions as a result of the COVID-19 pandemic. This was revealed in parliament by the Minister for Finance and Treasury Harry Kuma. Logging is one of the country’s key exportation commodities. He said logging shipments have been strong, recording 1.7 million cubic metres of…
REVENUE collection by the Ministry of Lands, Housing, and Survey (MLHS) through land rentals over the years continue to increase and this year is expected to be highest in eight years. This was revealed by the Commissioner of Lands Alan McNeil in an interview with the paper. “Ministry of Lands revenue collected from land rents…
Solomon Islands Chamber of Commerce and Industry (SICCI) on behalf of its members has expressed disappointment over the lack of consultation and the short notice given in regards to the public holiday on Wednesday 18 November 2020. This puts further constraints on business operations at a time when businesses are already facing difficulties due to…