Natural disaster major threat to Pacific economies

THE relationship between natural disasters and economies was highlighted at the Second Pacific Regional Meeting of Ministers of Energy and Maritime Transport in Nadi.. Fiji’s Minister for Labour Jone Usamate said the cost of these disasters to Pacific economies especially infrastructure is large and often unsustainable. “Unexpected events and natural disasters bring destruction to our…

AUSTRALIA RESPONDS TO SOLOMON ISLANDS FLOODING

Today (Saturday) we announce that Australia will provide $250,000 in emergency relief supplies to assist the Government of Solomon Islands respond to the needs of people affected by flooding. This follows a request for assistance from the Government of Solomon Islands on Saturday. In addition, Australia will provide two Australian Civilian Corps engineers and two…

Geodynamics appoints country rep here

AUSTRALIA geothermal energy company Geodynamics on Thursday announced the appointment of Mal Kuper as its Country Representative resident in Honiara. Mr Kuper will be responsible for liaison with local stakeholders, including government, community and suppliers, the coordination of activities necessary to support exploration drilling planned for later this year and representing Geodynamics locally as the…

MSG conducts seminar on trade agreement

THE Melanesia Spearhead Group (MSG) Secretariat has conducted another successful two days Workshop on the Draft MSG Trade Agreement and other Trade and Economic Agreement/Initiatives in the region.   This was held at the Secretariat Conference Room in Port Vila, Vanuatu from 26-27 March 2014. The Workshop was co-funded under the MSG-Pacific Integration Technical Assistance…

Operators want update on tourism funding

Tourism operators in Marau, east Guadalcanal have urged the ministry of tourism and culture to explain how the tourism funding for the constituency was allocated. More than 50 operators raised this during a meeting held between them by Solomon Island visitors bureau (SIVB) over the weekend. The operators who were happy with the SIVB visit…

SIVB targets a billion visitors

The Solomon Island visitors bureau (SIVB) is targeting to increase its visitors’ arrival into Solomon Island up to a billion within a year. This was revealed by the bureau’s chief executive officer (CEO) Josefa Tuamoto in Marau, East Guadalcanal over the weekend. Mr Tuamoto who spoke to more than fifty (50) tourism operators in Marau…

Slight growth for our economy

A slight pickup in economic growth is being forecasted for Solomon Islands this year (2014) from 2.9 percent in 2013 to 3.0 percent. Thats according to the Asian Development Bank (ABD) flagship economic report, the Asian Development Outlook (ADO) which was released early this week. The report said growth is expected to pick up slightly,…