The Minister for the Ministry of Agriculture and Livestock, Franklyn Derek Wasi said coconut and cocoa has the huge potential to become the country’s major driver of our economy. Hon.
The development of Special Economic Zones and Economic Growth Centers aimed at spreading economic activities around the country remains a top policy priority for the National Government.
Leader of Opposition Hon Matthew Wale says the picture painted by the Finance Minister on the state of the Solomon Islands economy is inconsistent with the everyday experiences of ordinary citizens.
The Solomon Islands Chamber of Commerce and Industry (SICCI) has expressed serious concerns on the current traffic issues from the East, Central and Western end of Honiara City.
The Solomon Islands Government (SIG) will develop a National Economic Roadmap based on the findings of the Economic Summit, other national sector plans and the National Development Strategy 2016-2035. Minister of National Planning and Development Coordination, Hon.
Prime Minister Jeremiah Manele opened the National Economic Summit currently underway in Honiara today with a call on key stakeholders to uncover innovative approaches to achieve a resilient, transformative and sustainable economic growth that embraces inclusive development that leaves no one…
By Simon Tavake The Government for National Unity and Transformation has announced its strong commitment to addressing the country’s weak economy. Prime Minister Jeremiah Manele announced soon after being elected as Prime Minister on Thursday.
By Sharon Nanau Preliminary data shows that the Solomon Islands Gross Domestic Product (GDP) is projected to grow by 4.1 percent in 2024. While the final projections will be made known in June the expected growth was said to be driven by the mining, fishing, construction, wholesale and trade,…
By Sharon Nanau A monitoring process is in place to ensure certain business activities that are reserved for locals are not operated by foreigners. In compliance with the relevant business regulations, the Business, Monitoring, Joint Agency Committee (BMJAC) has been established to monitor reserved…
Following its meeting on 12th March 2024, the Board of the Central Bank of Solomon Islands (CBSI) has decided to maintain a tight monetary policy stance for the next six months, mainly in response to the inflationary pressures within the economy.
By Ian Kaukui Pacific island countries’ economies are expected to see slower growth in 2024 and 2025 driven by COVID-19 pandemic recovery fades and fiscal policies.
The Ministry of Finance and Treasury (MoFT) and the Ministry of National Planning and Development Coordination (MNPDC) in collaboration with the Office of the Prime Minister and Cabinet have successfully launched the Public Investment Management (PIM) Reform at a Seminar on 29 February 2024 at the…
SOLOMON Noni Corporation Ltd has made a historical breakthrough into the USA market, the world’s largest economy after exporting 40 tons of noni juice to Los Angeles. 40 tons of noni were exported at the beginning of this month and 80 more tons to be exported in the next few months. The 40 tons of
More women in Solomon Islands are venturing into online business to market their products. Increased access to the internet and smartphones has led to the emergence of more women-led businesses on social media platforms like Instagram and Facebook.
Involving people into the fishing industry is one of the sole purposes of establishing the locally owned SnapFish shop in Honiara. Adapting the marketing concept of involving people into economic activities, youths, women and communities are now being engaged from all the provinces.
The Central Bank of Solomon Islands (CBSI) is pleased to announce the introduction of a new security technology embedded in the latest reprints of the nation’s $100 and $50 banknotes.
A Joint Public-Private Sector Consultative Dialogue on the EU-Pacific Interim Economic Partnership Agreement was held in Honiara yesterday. The Ministry of Foreign Affairs and External organized the dialogue in partnership with the Pacific Islands Forum Secretariat (PIFS)- European Union (EU)-…
Solomon Airlines has purchased its second international aircraft through lease and is scheduled to arrive on the 27th of this month. Solomon Airlines Board Chairman Frank Wickham confirmed during the Business After Five event held in Honiara yesterday.
A training on the Importance of compliance and Implementation of Food Safety Plans (HACCP) concluded last week in Honiara with calls for similar trainings to enhance the knowledge and capacity of local food processors and exporters.
The National Government has set a practical roadmap for improving business, policy and regulatory environment for the development of e-commerce and the broader digital economy by launching the country’s first-ever National E-commerce Strategy, NECS, 2022-2027.
