Economy Archive November 2016
Tropical Low Moves across Solomon Islands
Torrential downpour in the capital Honiara is linked to a tropical low about 600 kilometres west-southwest of Rennell, and is moving southeast.
Vehicle Owners Warned of Faulty Parts
A taxi fleet owner is calling on the police to investigate suppliers of faulty vehicle parts after receiving numerous complaints from his taxi drivers.
Solar Power Development Project for Solomon Islands
The Asian Development Bank (ADB) on November 22 approved financing to support the Government of Solomon Islands and Solomon Power to convert electricity networks in five provinces almost entirely to solar power.
For the Love of the Law and Life in the Solomon Islands
Only the very lucky can say that they do what they love and have new adventures almost every day. The rare opportunity to live this sort of life was presented to Clancy Dane when he took on a volunteer position at the Public Solicitor’s Office (PSO) in Honiara on 7 June 2016.
Solomon Power Completes Construction of New Power Station
Solomon Power has recently completed construction of a new power house station in Lungga, East of Honiara.
Finance Minister Upbeat about PPP Prospects
Minister for Finance and Treasury, Hon Snyder Rini, has expressed excitement about the prospects of the Public-Private Partnership (PPP) concept which the Government is working to introduce across the Public Service to complement the existing method of public procurement.
Solomon Islands and Kiribati Conclude New Air Service Agreement
The Solomon Islands and Republic of Kiribati have reached agreement for a new Air Service Agreement (ASA) and Memorandum of Understanding (MOU) between the two countries.
Local Cocoa Farmers Concerned With Plunging Prices
Local cocoa farmers are concerned - and they have good reasons to be - prices have plunged to three-year lows as international buyers continued to weigh supply/demand forces ahead of the crucial harvest season.
Don Bosco Benefitting From Australian Volunteers
Australia Day 2016 saw Andrew and Anke MacLean arrive in Solomon Islands, ready to begin their 18-month-long volunteer assignments at the Don Bosco Technical Institute in Henderson. Anke works with the Communications Department, whilst Andrew is mentoring a range of teachers and supporting the principal.
Red Cross Helps Solomon Islands Combat Dengue Outbreak
The Solomon Islands Red Cross Society is gearing up to support the Solomon Islands government to contain an outbreak of dengue fever, which has already killed one person and thought to have infected more than 1,700 others.
Beware of Bogus Recruitment Agents: LMU
The Solomon Islands Government through its Labour Mobility Unit (LMU) is warning locals to be vigilant against fake recruitment agents who promised to arrange seasonal jobs in Australia and New Zealand.
Record Numbers Projected for Solomon Islands Tourist Arrivals
A strong increase in international visitor arrivals in August, a bumper Australian performance and a major upturn in the destination’s ever-building positioning as a new and exciting cruise destination has helped Solomon Islands tourism stay on track for what is shaping up to be one of its best years in recent times.
Price of Fuel Falls
Good news for vehicle owners, the average fuel price in Honiara fell further by 27 cents to $7.53 per litre from $7.80 per litre in the previous month.
Price of Cocoa Drops While Palm Oil Rises
Recent monthly commodity prices for cocoa and palm oil shows a slight drop in cocoa and a rise in the price of palm oil.
Health Authorities Urge Honiara Residents to Clean Surroundings
The Solomon Islands Ministry of Health and Medical Services have urged residents in Honiara to clean surrounding areas as the monsoon season approaches.
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