Escape to higher ground

People living in the coastlines of Auki township and parts of Malaita province fled to higher grounds on Sunday night after a second tsunami warning was issued. The tsunami was triggered by a 7.7 magnitude undersea earthquake just off Makira. Earlier on Sunday morning the first earthquake also forced many to flee their homes to…

Mass evacuation

Thousands flee to hilltops after earthquake, tsunami warning THOUSANDS of Honiara residents evacuated to the higher grounds after a 7.4 underwater earthquake caused havoc and fear which led a late tsunami warning. The quake struck before midnight, Sunday night. Following quake and tsunami warning men, women, children loaded up both public and private vehicles and…

Bobongi ruling further deferred

The ruling on the voir dire hearing (trial within a trial) on the former Central Bank of Solomon Islands (CBSI) employee who allegedly stole more than a million dollars of muted notes from the Bank has been deferred. This was because the presiding judge is not available as he is currently on medical leave. He…

IMF launches quarterly bulletin

The International Monetary Fund (IMF) has launched the inaugural issue of the Asia & Pacific Small States Monitor, a new quarterly bulletin focusing on recent macroeconomic developments and topical issues covering the small states of the Asia and Pacific region. The publication of the Monitor fits into the IMF’s overall effort to enhance its engagement…

Communiqué of the 29th meeting of the IMFC

Chaired by Mr. Tharman Shanmugaratnam, Deputy Prime Minister of Singapore and Minister for Finance Global activity continues to strengthen. However, the recovery is still fragile and downside risks remain. Creating a more dynamic, sustainable, balanced, and job-rich global economy remains our paramount collective goal. We will implement ambitious measures to sustain the recovery, proceed with…