Credit Union Bill consultations commence

(CBSI Press): The Central Bank of Solomon Islands (CBSI) and the Ministry of Finance and Treasury (MoFT) will be conducting a nationwide consultation on the Credit Union Bill in relation to changes to the Credit Union Act. The consultation provides an opportunity for stakeholders to discuss and comment on the key changes to the current…

PM launches new labour mobility partnership with Canada

(PM Press): PRIME Minister Rick Houenipwela has launched a new initiative with Canadian International Training & Education Corp of Canada [CITREC] that will further strengthen the labour mobility relations between Canada and Solomon Islands. This new initiative will introduce eligible Solomon Islands nationals to an expedited stream for Canadian Permanent Residency which comes with permanent…

CBSI warns public to stop spreading false information

(Honiara 03.10.18): The Central Bank of Solomon Islands (CBSI) strongly advises the public to stop spreading false information about the operations of one of the commercial banks. This advice comes after details of an anonymous email was received from members of the public containing very serious allegations and misleading information about Pan Oceanic Bank (POB).…

Luvu attends training programme on climate change related statistics

THE National Statistics Office (NSO) was represented at the recent Training Programme on Climate Change Related Statistics and the System of Environmental-Economic Accounting (SEEA), held in Fiji. Focussed on climate change and SEEA, the training intended to provide the opportunity for participants to learn basic concepts and frameworks, with hands-on sessions, on statistics related to…

Tiaro community turns to Honey as an alternative for fish

Tiaro Bay community in West Guadalcanal Solomon Islands has started honey bee keeping as an alternative livelihood method to generate income and protect exploitation of their Marine Resources.   The community has been implementing Community-Based Marine Resource Management by setting aside a managed area that has customary regulation since 2012 for the sustainable use of their marine…

Acting PM briefed on Gold Ridge redevelopment progress

(SIG Press release): Acting Prime Minister Manasseh Sogavare has been briefed on the ongoing redevelopment progress at the Gold Ridge Mine in Central Guadalcanal by officials from the Gold Ridge Mining Limited (GRML) yesterday. The briefing was important to update the Government as a key partner in the project of progresses made so far towards the…

Dr. Luke Forau appointed as new Deputy Governor to CBSI

(CBSI Press): The Central Bank of Solomon Islands (CBSI) has formally announced the appointment of its new Deputy Governor, Dr. Luke Forau (PhD). Dr. Luke Forau, who succeeds former Deputy Governor, Mr. Gane Alva Simbe, has assumed responsibilities as of Tuesday 18 September. Outgoing Deputy Governor, Gane Simbe retired from official duties last week after…

PM Hou applauds Japan’s infrastructure initiative

PRIME Minister Rick Houenipwela has welcomed Japan’s iniative for connectivity pthrough quality infrastructure in the Pacific region. Speaking during the PALM 8 Leaders’ Summit on Saturday 19 May, Prime Minister Houenipwela said connectivity in infrastructure is vital for the country. However, the Prime Minister has highlighted that climate change challenges remains an existential threat to…

PM graces milestone signing for new solar power plant in Solomon Islands

PRIME Minister Rick Houenipwela has graced the occasion of the signing of the Memorandum of Understanding (MOU) between Solomon Power and Hitachi Ltd in Tokyo yesterday (Wednesday 16th). The MOU is aimed at resolving energy issues in the Solomon Islands. The MOU was signed between Mr. Pradip Verma, Chief Executive Officer, Solomon Power and Mr.…

Gov’t signs 4 billion Yen airport project with Japan

THE Government has signed a milestone agreement with the Japanese Government for the improvement of the Honiara International Airport Project on Wednesday 16 May in Tokyo. Minister of Foreign Affairs & External Trade Honorable Milner Tozaka and the Japanese Foreign Minister Taro Kono officially signed the agreement at the Japanese Foreign Affairs Office. During the…