An intending candidate in this year’s national general election has called for major economic interventions, targeting agriculture and education as priority sectors.
The Central Bank of Solomon Islands has made a public clarification on why the Bank is facilitating a Relationship Management Agreement for the country’s newest commercial bank, the Pan Oceanic Bank and another bank in the Asian region.
The Governor of Central Bank, Denton Rarawa says the Pan Oceanic Bank’s support of the forestry sector has avoided a potential instability in the country’s economy.
Care-taker Finance and Treasury Minister, Rick Hou has over the past week, provided an unprecedented level of information relating to public finances to the public, as part of the release of the first ever Mid-Year Budget Review.
The caretaker Minister of Finance and Treasury, Rick Hou has confirmed on Tuesday that the weaker economic growth outlook for this year has impacted government revenues.
Despite having a zero percent growth in the country’s Gross Domestic Product, GDP, the agriculture and fisheries sectors are doing well, says Finance and Treasury Minister Rick Hou. Minister Hou told Parliament before the Supplementary Appropriation Bill No.
State Own Enterprises in the country has showed an average 10 percent return on equity in 2010 to 2012 compared to a return of negative 11 percent from 2002 to 2009.
Minister for Finance Rick Hou says the government has acknowledged the private sector as an engine for sustainable and development growth in Solomon Islands. Minister Hou made the statement during the Solomon Islands Chamber of Commerce and Industry’s Business Excellence Award over the weekend.
The National Government has seen a number of achievements to date, says the Minister for Finance and Treasury, Rick Hou. Minister Hou made the statement in Parliament yesterday, when he presented the Government’s No. 2 Appropriation Bill for this year.
The Consumer Affairs and Price Control Department of the Commerce Ministry is currently examining goods subjected to price control under the Price Control Act. The Department has deployed officers to assess the price of goods sold in shops in Honiara.
The Guadalcanal Plains Palm Oil Company has contributed more than $600 million towards the country’s economy for the last five years. GPPOL General Manager Roger Benzie revealed this when regional Finance and Economic Ministers recently visited the palm oil company in North Guadalcanal.
Costs of treatment and patient care for patients with liver disease is a burden on the country’s economy, says the Permanent Secretary for Health and Medical Services, Doctor Lester Ross. And a nationwide vaccination program can reduce this burden.
Forum Economic Ministers can make a significant difference to address non-communicable diseases in the Pacific, says Prime Minister Gordon Darcy Lilo. Forum Economic Ministers and Pacific Health Ministers this week, committed to taking proactive actions against the growing health and economic…
Prime Minister Gordon Darcy Lilo has told regional Finance and Economic Ministers, “strengthening economic linkages is relevant and pressing”. The 2014 Forum Economic Ministers Meeting of the Pacific Islands Forum officially opened in Honiara this morning, and this is its eighteenth meet.
A Pacific Islands Forum team that recently reviewed developments in Solomon Islands has noted positive outcomes in a number of Government processes and systems.
Yearly rice imports are putting Solomon Islands at a serious food security risk level, especially when external shocks such as the increase in world food prices normally trickles down to rice importing countries.
Solomon Islands needs to go into semi-commercial rice production if it wants to offset current rice imports of over 50-million dollars per year. Chief Field Officer of the Ministry of Agriculture and Livestock, Willie Tuita made the statement yesterday, at the start of another rice harvesting week…
Preparations for the first ever Financial Inclusion Expo for this year is almost 90 percent complete, confirms the Manager of the National Financial Inclusion Unit at the Central bank of Solomon Islands.
Central Bank of Solomon Islands Governor, Denton Rarawa has said the country seems to have a serious procrastination attitude, especially in pushing the economy forward.
The Central Bank of Solomon Islands, CBSI, has recorded a Net Operating Loss of 1-hundred and 56 million dollars in 2013. Presenting the bank’s 2013 financial performance in Honiara this week, Bank Governor Denton Rarawa said last year has been a difficult financial year for CBSI.
