Economy Archive November 2010

Police Commissioner Speaks Out on Disturbance

Thirty nine people who were arrested yesterday by the police for disturbances in town are mostly young people who are not connected to the Fisheries Minister Jimmy Lusibaea's family, says Police Commissioner Marshall.
Reports say that high airfares may force New Zealand Companies to stop recruiting Solomon Islanders to work in New Zealand temporarily.

High Airfares Hampers Seasonal Work Scheme

Hundreds of Solomon Islanders working under New Zealand's seasonal work scheme could be affected by the comparatively higher airfares to New Zealand.

TRC Asks for More Time

The Truth and Reconciliation Commission (TRC) says it needs more time to complete its mandate.

Security Tightens as Sentencing Nears

Police will be stepping up security in Honiara tomorrow when the Fisheries Minister, Jimmy Lusibaea, is expected to appear in court for sentencing.
He said officers who had packages of about $383,000 Solomon dollars had received only $148,000 dollars after taxes.

Former Police Officers Question Hefty Tax

A former senior police officer, who had recently left the Royal Solomon Islands Police Force under the voluntary early retirement scheme, has questioned the huge tax deducted from the $3 million dollar scheme.

Stop Violence Activism Starts

Solomon Islands joined other countries in the World today to officially launch the 16 Days of Activism against Gender Violence.

ROC Provides $1.2 Million Funding

The Taiwanese Embassy has released $1.2 million dollars for various government projects and three projects in the Western Province.

Opposition Calls For an Extension of TRC's Term

The Parliamentary Opposition has issued a call to the government to extend the term of the Truth and Reconciliation Commission, TRC.

Empower Anti-corruption Agencies: Sir Peter

Former Speaker of Parliament and a long-time politician, Sir Peter Kenilorea says anti-corruption agencies need to have the necessary power to take matters to the courts.

Donors Fund Bridge Rehab on Guadalcanal

Broken bridges on Guadalcanal will be restored soon under a donor funded project supervised by Ministry of Infrastructure Development.
Submissions will be presented both by the prosecution and the defense counsel before Justice David Cameron delivers the sentence later this afternoon.

Security Tightens as Sentencing of Lusibaea Nears

Police have beefed up security in Honiara as sentencing of Jimmy Lusibaea nears.
The new access fees will be charged when all fishing boats renew their license for 2011 at the end of this year.

Fisheries Access Fees Set to Double

Solomon Islands is set to gain substantially after the government successfully negotiated an increase in fisheries access fees with its bilateral partners.

Government Cuts Benefits for Political Appointees

The NCRA government has dropped certain special allowances of its political appointees.

IMF Completes First Review Under Standby Credit Facility Arrangement

The FINANCIAL -- The Executive Board of the International Monetary Fund (IMF) on November 17 completed the first review of Solomon Islands' economic performance under a program supported by an 18-month Standby Credit Facility (SCF).

Country Farewells Late Toswel Kaua

The official funeral service of the late Member of Parliament for Baegu-Asifola, Honorable Toswel Kaua will take place this morning at the St. Barnabas Cathedral in Honiara.
Mr. Abana says the NCRA government owes taxpayers an explanation on the number of political appointees.

Please Clarify Political Appointments: Opposition

The Opposition is calling on the National Coalition for Rural Advancement Government to come clean on the number of its political appointees following the establishment of the Bureau of Social and Economic Reform.

Taiwanese Fishing Vessel under Investigation

A Taiwanese fishing vessel is currently under investigation by the police, customs, immigration, quarantine and the Ministry of Fisheries.

Australia and NZ Should Create More Opportunities for Melanesia

An academic who's just been honored for his research on Pacific migration says Australia and New Zealand must consider creating new opportunities for Melanesians to live and work in their countries.

Police Investigate Tetere Death

The National Police Intelligence Unit and Police from Guadalcanal are currently investigating the death of a 40 year old man at Tetere, on Thursday afternoon.

Drilling Set to Begin at Fauro

Australian-based Solomon Gold announced further encouraging assay results from recent surface sampling on its Fauro Island project in the Solomon Islands.
Reports say that Late Kaua suffered medical complications early this morning and was rushed to hospital.

Kaua Passes Away After Long Illness

Hon. Toswel Kaua, MP for Baegu/Asifola, passed away early this morning at the National Referral Hospital.
"People should avoid bathing in or near rivers and canals as crocodiles are likely to move with flood waters," said Police Commissioner Marshall.

Watch Out for Crocodiles!

Police have killed a large crocodile in response to numerous sightings reported by the public over the last few days.
Mr. Philip says his government is "honored to host the event upon request from the current MSG Chair, Vanuatu's Prime Minister Edward Natapei.

PM Philip to Host MSG Meeting in December

Prime Minister Danny Philip says Solomon Islands will host a special Melanesian Spearhead Group, MSG meeting in December.
INTERPOL, whose full name is the International Criminal Police Organization, is an organization facilitating international police cooperation.

Solomon Islands Close to Joining INTERPOL

The Minister for Police and National Security has told a meeting in Qatar today that the Solomon Islands government through cabinet has fully endorsed the country's position to submit its application to be a member of INTERPOL in 2011.

Workshop Looks at Issue of "Decentralization"

A two-day workshop on decentralizing government powers to provincial governments has opened this morning in Honiara.

Solomons Becoming More "Business Friendly"

An international "Doing Business" report says Solomon Islands have improved ten places this year.
The Finance Minister says that the census results are crucial in terms of giving all stakeholders a better understanding of some of the key social indicators of the country.

SI Population Hits Half a Million

The much awaited 2009 National Population and Housing Census results point to an increased population of approximately 100,000 people bringing the total population to just over half a million.

CBSI Maintains Accommodative Monetary Policy

The Central Bank of the Solomon Islands says it will maintain a moderate accommodative monetary policy position to allow for growth in the economy.

Wale Must Get His Facts Right: Lilo

Finance Minister Gordon Darcy Lilo has lashed out at accusations leveled against him by Mathew Wale MP, claiming he had interfered with the independence of State Owned Enterprises (SOE).

PM Philip Praises Bemobile

Prime Minister Danny Philip has thanked Bemobile Solomon Islands for its decision to mobilize its resources around the country.
With forests of commercial value set to decline in the coming years, coupled with post-crisis aid flows set to fall, new sources of economic growth are needed.

World Bank Works on New Strategy for Growth

Solomon Islands Finance Minister, Gordon Darcy Lilo, says the recently-elected government of Prime Minister Danny Philip is committed to serious reforms that will create opportunities and benefits for all Solomon Islanders.
Mrs. Kapini says that all major stakeholders should look at the issue holistically and find a solution instead of just putting the blame on SIWA.

Let's Share the Blame, says SIWA

The current water problem faced by Honiara township is the responsibility of every line ministry and organisation and cannot be entirely blamed on the Solomon Islands Water Authority alone.
He made the call in view of fresh misleading stories and beliefs circulating around Malaita that Israel will rescue Malaitans with cash handouts and boat-loads of cargo.

Move Away From "Cargo Mentality," says Abana

Opposition Leader, Steve Abana, has urged individuals and informal Malaita Movements to move away from the "Cargo Cult" mentality as development talks between Malaita and Israel representatives continues in Auki.

Assault on Solomon Islander Reaches Courts in Fiji

A 23 year old woman of Samabula in Suva who allegedly smashed a beer bottle on a senior cultural officer from the Solomon Islands has had her plea deferred.
The Finance Minister also refuted media reports that said the government granted close to 162 exemptions in September of this year.

Lilo Plans to Remove Exemption Given to Bemobile

The Minister of Finance and Treasury, Gordon Darcy Lilo, stated in an interview yesterday that he plans to remove duty exemptions granted to Bemobile by the previous government.

Man Arrested on Sexual Assault

Police have arrested and charged a male juvenile in relation to an indecent assault incident on a 12 year-old girl near the Karaina community at White River over the weekend.

RSIPF Band Receives Australian Army Band Instruments

The Royal Solomon Islands Police Force (RSIPF) Band today will receive several instruments formerly played by members of Australian Army Bands. In a restructuring of the Australian Army, some Australian Army Bands were disbanded, and their instruments deployed to other Military and Police Bands.

Taiwan Releases SBD$30 Million

Taiwan has released the remaining Rural Constituency Micro Project and Millennium Development Funding for 2010 to the Solomon Islands Government.
Sources say a case file has been opened and officers are now talking to those alleged to have been directly involved.

Police Probe Alleged Corruption in COI

A Police investigation into allegations of fraud and misuse of public funds is currently underway.