Solomon Islands
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Economy

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Solomon Islands High Commission Participates in Investment Forum in New Delhi

The Solomon Islands High Commission in New Delhi participated in the Annual Investment Session hosted by the Indian Oceania Business Association (IOBA) in New Delhi, India. Solomon Islands was represented at the forum by the High Commissioner to India, H.E. Mr.

10 Sept 2026

Commerce
SEZ Capacity Building Seminar for Solomon Islands Opens in Haikou
Haikou, Hainan Province, China – Officials and technical staff from the Solomon Islands have gathered in Haikou for a three-week seminar on building capacity for sustainable special economic zones, running from 13 May to 2 June.
26 May 2026
PAC Fuel Price Smoothing Strategy to be implemented through two price adjustments in the Month of May 2026
The Price Advisory Committee [PAC] of the Ministry of Commerce, Industry and Labour has advised the next fuel price adjustment will come into effect on 1 May 2026.
1 May 2026
Disaster
Prime Minister addresses SIG–Development Partners Dialogue on Fuel Price Impacts and Tropical Cyclone Maila Response
Prime Minister, Hon. Jeremiah Manele this morning addressed the Solomon Islands Government (SIG) and Development Partners’ Dialogue, setting out the Government’s policy response to the compounded impacts of Tropical Cyclone Maila and escalating fuel prices driven by global geopolitical…
29 Apr 2026
Fuel price increase implemented as government confirms mitigation measures
The Government has confirmed a fuel price increase announced today by the Price Advisory Committee (PAC), with new prices taking effect immediately. The adjustment reflects a sharp rise in the price paid by our two fuel importers – SPOL and Markwarth Oil since the beginning of March 2026 as a…
22 Apr 2026
Government takes steps to manage fuel prices amid global volatility
The Solomon Islands Government is taking proactive measures to cushion the impacts of the increase in fuel prices amid global fuel market volatility that is triggered by the ongoing conflict in the Middle East.
14 Apr 2026
Government acts early to manage risks from Global Fuel Market Volatility
The Solomon Islands Government has taken early and coordinated action to address emerging risks in global fuel markets driven by escalating geopolitical tensions involving Israel, the United States and Iran.
20 Mar 2026
CBSI
CBSI Closely Monitoring Inflation Risk Amid Escalating Middle-East Conflict
The Central Bank of Solomon Islands (CBSI) is closely monitoring recent developments in the Middle East, where military strikes by US and Israel on Iran on 28th February have triggered a sharp rise in global oil prices.
8 Mar 2026
SPBD
SPBD Solomon Islands Celebrates Milestone of USD $6 Million Crowdfunded through Kiva Partnership
South Pacific Business Development (SPBD) Solomon Islands, in partnership with Kiva, is proud to announce a major milestone: USD $6 million has now been crowdfunded by Kiva lenders to support micro-entrepreneurs across the Solomon Islands.
18 Dec 2025
Government
Experts’ focus group validates Federal CBA study
The Experts Focus Group (EFG) on the Federal Cost-Benefit Analysis (CBA) Study convened at the Ministry of Finance and Treasury (MOFT) Conference Room to validate the study’s key components.
10 Nov 2025
Cocoa
Cocoa and Copra exports earn in SB$511 million as Agriculture sector surges
The Commodities Export Marketing Authority (CEMA), trading as Solomon Commodities, proudly announces that the Solomon Islands has achieved together for the 1st, 2nd and 3rd Quarter of 2025 an impressive SBD$511.9 million in combined export value for copra (coconut products) and cocoa beans for…
10 Oct 2025
Honiara City Council
Chinese businessman happy to hand over market to HCC
By Lachlan Eddie A Chinese businessman, Mr. Zhong Ming Ma, is extremely happy to hand over a market house to Honiara City Council (HCC) to use free of charge. The handover ceremony took place today at White River in West Honiara. “My family and I are happy to hand over this market house to HCC,”
11 Jul 2025
Solomon Islands
World Bank reveals SI lacks Labor Statistics
By LACHLAN EDDIE World Bank Country Economist Lodewijk Smets has revealed that Solomon Islands lacks adequate labor statistics for both formal and informal employment sectors.
24 Jun 2025
Solomon Islands
Solomon Island experiences slight downgrade in economic growth
By LACHLAN EDDIE The Solomon Islands economy is experiencing a slight downgrade in economic growth, according to the World Bank’s latest assessment. World Bank Country Economist, Lodewijk Smets confirmed the economic outlook during an interview with local media at the World Bank Office in Honiara…
19 Jun 2025
PM Manele highlights the transformative potential of SEZs
Prime Minister Hon. Jeremiah Manele has highlighted the transformative potential of Special Economic Zones (SEZs) in steering the Solomon Islands toward sustained peace, economic recovery, and long-term development.
22 May 2025
Solomon Islands has potential to leap in digital transformation
The Solomon Islands has the potential to emerge as a regional leader in digital transformation if the Government makes the right investments now. This sentiment was shared by the Permanent Secretary of the Ministry of Communication and Aviation, Alwyn Danitofea at the opening of a one-day workshop…
11 Apr 2025
Commerce
Solomon Islands Copra Industry Boosts Economy with Record $100 Million Contribution
The Commodities Export Marketing Authority (CEMA), trading as Solomon Commodities, has announced a record-breaking economic contribution from the copra sector, injecting $100 million into the Solomon Islands economy in 2024.
30 Jan 2025
Finance
SPBD Solomon Islands Celebrates Milestone of USD $5 Million Crowdfunded through Kiva Partnership
South Pacific Business Development (SPBD) Solomon Islands, in partnership with Kiva, is thrilled to announce a significant achievement: reaching the milestone of USD $5 million (SBD $41M) crowdfunded to support micro-entrepreneurs across the Solomon Islands.
25 Nov 2024
Economic Stimulus Package
RSIPF and OAG discuss ESP audit report
The Royal Solomon Island Police Force (RSIPF) and the Office of Auditor General (OAG) have commenced preliminary discussions on the OAG’s Economic Stimulus Package (ESP) audit report.
23 Oct 2024
Business
SICCI launches 2024 Business Excellence Awards
By Alfred Pagepitu The Solomon Islands Chamber of Commerce and Industry (SICCI) launched its 8th Business Excellence Awards in Honiara on Friday. The nomination period for the award is now open until 18 October, 2024.
29 Sept 2024