Economy Archive October 2010

Guadalcanal province has revealed its plan to build its new provincial centre and headquarters at Doma, just west of the capital, Honiara.

The Solomon Island's National Telecommunications Commissioner, Nick Williams, has announced the government's intention to offer a third mobile license before the end of 2010.

Senior Officials from the Governments of Solomon Islands and Papua New Guinea have successfully ended the "4th Joint Border Meeting" in Gizo, Western Province yesterday.

About 700 households in East Malaita Constituency will soon use solar energy to light up their homes and get away from the burden of finding money to buy kerosene fuel.

Deputy Opposition Leader, Mathew Wale has commended Ruth Townsend for exposing the alleged corruption in the Commission of Inquiry into Land Dealings on Guadalcanal.

Fishermen in the eastern region of Gao Bugotu constituency in Isabel Province have boosted their fish supplies to the Honiara market following increased assistance from the Rural Constituency Development Fund (RCDF).

A former Bank Officer serving a prison term for false pretence has pleaded guilty to one count of money laundering relating to the same case.

Transparency International has released the results of the Corruption Perceptions Index (CPI) 2010.

The Solomon Islands High Commissioner to Papua New Guinea describes the 4th Papua New Guinea - Solomon Islands Joint Border Committee as "useful and necessary for the two countries."

Solomon Islands has lost close to SBD$10.5 million dollars in revenue through exemptions and remissions in September this year.

The World Bank Group approved an additional funding of US$3 million for the Solomon Islands Rural Development Program (RDP).

Solomon Gold (SOLG) has raised £15.1 million through a share placing to fund its Solomon Islands exploration programme, but fears of dilution sent its shares lower.

Transparency International (TI) will launch the 2010 Corruption Perception Index (CPI) 10am today in Berlin. Transparency Solomon Islands (TSI) will be launching the data tomorrow, Wednesday 27 October.

More than 300 Chiefs and Community leaders of Gao Bugotu Constituency in Isabel Province have successfully concluded a historic three days Constituency Congress Wednesday last week at Lepi Village.

The Solomon Islands National Teachers Association, SINTA, has called for more budgetary support for teachers' housing.

Minister of Finance and supervising minister of Foreign Affairs and External Trade, Gordon Darcy Lilo, calls on PACER Plus officials to "consider the differences in levels of development between negotiating partners."

Solomon Islands have made significant progress in its international debt repayments over the last few years and are continuing this year.

Solomon Islands will host the 4th Solomon Islands / Papua New Guinea Joint Border Committee and the 9th Solomon Islands / Papua New Guinea Senior Officials Bilateral Consultation in Gizo next week.

The World Bank's recent review of economies in East Asia and the Pacific Region indicates that Solomon Islands have recorded a strong growth of nearly 7 % on average per annum between 2003 through to 2008.

The Premier of Guadalcanal Province, Steven Panga, has told the 4th annual premier's meeting that the control and management of land is a social concern and a challenge to his province.

The Danny Philip-led government is working towards the introduction of a new Social Profiling Bill in Solomon Islands.

The first of an annual Non-State Actors Dialogue on PACER Plus has concluded in Honiara, Solomon Islands today with agreement on the need to more fully engage NSA's in consultations on the proposed trade agreement both at the national and Regional levels.

The Minister for Provincial Government and Institutional Strengthening Bradley Tovosia cautions Provincial Premiers that the communiqué produced by the end of the week must contain issues that are achievable.

The increase in the Determined Value of Log Exports from an average of US$83.00 to an average of US$90.00 is not good enough, says Transparency Solomon Islands (TSI) Executive Officer, Mr. Fox Qwaina.

Prime Minister Danny Philip has reaffirmed the country's commitment to the Regional Assistance Mission to Solomon Islands, RAMSI.

Eight of the country's Provincial Premiers have arrived in the Isabel Provincial capital, Buala for the annual Premier's conference which officially opens today.

Solomon Islands are exploring the possibility of engaging in large scale export of cassava to the Canadian market.

Bank South Pacific, BSP, will be going green today morning right across the South Pacific Region.

The First Lady's Charity is once again starting its annual awareness, promotion and fundraising events in aid of Pink Ribbon Day.

Isabel Province says it is ready to host the Premier's Conference in Buala next week.

President Ma Ying-jeou said Tuesday that Taiwan's "Lamp for Africa " solar lighting project will be expanded to benefit rural residents of the Solomon Islands in the South Pacific.

The Minister for Finance and Treasury, Hon Gordon Darcy Lilo, has today announced that the government has agreed to increase the determined value of log exports.

The government says it has no intentions of recalling the country's Ambassador in New York Collin Beck.

Deputy Prime Minister Manasseh Maelanga today calls on people for sensitivity and fairness when commenting on land issues on Guadalcanal.

Westpac this week celebrates a quarter of a century of serving the Solomon Islands Community with a cocktail function for customers, employees, government officials and visiting new regional General Manager of Westpac Pacific, Greg Pawson.

Transparency Solomon Islands, TSI, commends the Prime Minister of Solomon Islands, Danny Phillip for promising to reform the Rural Constituency Development Fund, RCDF.

The head of the Regional Assistance Mission to Solomon Islands says he appreciates comments made by the Prime Minister Danny Phillip during the launch of his government's policy statement.

Fisheries and Marine Resources Minister Jimmy Lusibaea has thanked donor partners who helped in building the fisheries sector for Solomon Islanders to enjoy the sustainable use of their resources.

Australian Parliamentary Secretary for Pacific Island Affairs, the Hon Richard Marles MP, concluded his first visit to Solomon Islands today.

Former East-Central Guadalcanal M-P Nollen Leni has decided against continuing his appeal case against Levers Solomons Limited, L-S-L.

The Royal Solomon Islands Police Force says that the Solomon Islands Public Employees Union (SIPEU) may have misunderstood a police statement released earlier in relation to the Voluntary Early Retirement Scheme (VERS).

Solomon Airlines announced today that it has finally purchased all the required materials for the Refurbishment and Upgrade of the first of their two (2) Twin Otters registered as H4-NNP and will be commencing soon to undertake the works locally and by their own LOCAL engineers.

Detectives from the National Criminal Investigation Division, with the support of Forensic officers, are investigating the circumstance surrounding the death of a 16 year old girl over the weekend.

The Member of Parliament for North New Georgia Vona Vona, Hon. Silas Tausinga, has suggested that the government confirm from the Libyan government its offer to build a Futsal stadium for Solomon Islands.