Economy Archive July 2011

Development Budget Seen as Under Spent

As revealed by the Ministry of Finance, the Solomon Islands development budget has shown significant under spending as of June 2011.
Mr. Philip described the event as a "momentous occasion" in his address to the landowners of East Malaita.

Malaita to Have First Economic Centre

East Malaita landowners have become the first group in Solomon Islands to offer their land to the Government to develop Economic Growth Centres.

Electoral Commission Receives New Advisors

The Solomon Islands Electoral Commission through RAMSI's and Solomon Islands Government's legal framework on reform and capacity building has received new advisors to help on electoral reform.
The exhibition was officially opened by Samoan Prime Minister, Tuilaepa Lupesoliai Sailele Malielegaoi, who said RAMSI was one of the Pacific region's biggest achievements, and one that he was proud S

RAMSI Opens Exhibition in Samoa

RAMSI: A history in pictures, a photographic exhibition that showcases the history and achievements of the Regional Assistance Mission to Solomon Islands (RAMSI), has opened in the Samoan capital, Apia.
Prime Minister Philip said that hosting the Festival will help eliminate the negative image of the country.

Philip Encourages Citizens to Take Ownership

Prime Minister Danny Philip has encouraged all citizens of Solomon Islands to take pride and full ownership of the upcoming Festival of Pacific Arts next year.

Taiwan Assist in MDGs 4 & 5

Republic of China, Taiwan today extended its assistance to help the country meet the Millennium Development Goals (MDG) following the opening of a health training workshop in Honiara.

Government Records Surplus

Government has recorded a surplus of about SBD$143 million dollars for the financial year to June against an estimated surplus of about SBD$51 million dollars.
The high rates of unemployment and the poor standard of living has been a major contributing factor.

Teenage Prostitution on the Rise

Government ministries and NGO's involved in promoting safe sex in the Solomon Islands believe teenage prostitution is on the rise as a result of poor economic conditions in the country.

Japan to Officially Hand Over Gizo Hospital

The new Gizo Hospital will be handed over to the Solomon Islands Government next month.

Sumitomo Challenge Solomon Islands Government and Axiom KB in High Court

Axiom KB Limited ("Axiom KB"), 80% owned Solomon Island subsidiary of Axiom Mining Limited ("Axiom") has been joined as a defendant in proceedings commenced under a certificate of urgency in the High Court of Solomon Islands on Thursday 21 July 2011 by SMM Solomon Limited, a subsidiary of Sumitomo of Japan ("SMM").

Drink Driving Cases Soars

Police are concerned with the number of drink drivers caught on the roads of Honiara, particularly over the weekends.
The institute's Mark Berman is meeting with community elders, who are making their pitch for development assistance.

Compensation Package Seeks to End Dolphin Trade

Discussions are being held in Solomon Islands for a compensation plan to end dolphin hunting by one community.
The numbers of crocodiles in Solomon Islands started to increase after the trade in crocodile skin was banned in the early 1980's.

Crocodile Population a Worry: Ramofafia

The Solomon Islands Ministry of Fisheries says it will call an urgent meeting with the Ministry of Environment to discuss the country's growing crocodile population.

Solomons Ranks High in STI Study

A recent study has suggested that Solomon Islands have a relatively high sexually transmitted infection (STI) rate among teenagers.
He said with the support of the Solomon Islands, the illegal Fiji regime has resumed chairmanship of the MSG and its plan is to use it as a front against Australia and New Zealand.

Ratu Mara Critical Of PM Philip

Fiji political fugitive Ratu Tevita Uluilakeba Mara has lashed out at Solomon Islands Prime Minister Danny Philip, for supporting Fiji's interim Prime Minister Frank Bainimarama resume chairmanship of the Melanesian Spearhead Group (MSG).

Sigimanu Speaks on Reserved Seats for Women in Parliament

Permanent Secretary of the Ministry of Women, Youth, Children and Family Affairs Ethel Sigimanu has said that women in Solomon Islands have learnt many lessons in trying to get legislation on Temporary Special Measures (TSM) to increase the number of women in Parliament.
The letter states that it is unfit for human consumption and there is a strong chance it could be fatal if consumed.

Concerns Raised Over Dynamite Fishing

The Vatilau Council of Chiefs in the Buena Vesta District of Central Province are gravely concerned over the increase of dynamite fishing.

"That to me is what inclusive development is all about, so increased support for small to medium enterprises must be seriously explored."

Let's Focus on Small Business: Lilo

Finance Minister Gordon Darcy Lilo has said that the country needs to focus on micro economic policies "geared towards encouraging the growth of small and medium enterprises."

Opposition Wants Education Minister Sacked

The Opposition has called for the sacking of the Minister for Education, Dick Ha'amori for not conforming to a commitment made by Prime Minister Danny Philip to give part of SICHE land for the establishment of the fourth campus of the University of the South Pacific (USP).
Along with their demands, SINTA had also planned a strike if the government failed to respond to their demands.

SINTA Still to Decide on Counter Offer

The Government's counter offer on the Cost of Living Adjustment (COLA) demanded by teachers in the country is still being negotiated.

New Zealand Officials Visit Pacific Arts Festival Sites

A two-man delegation from New Zealand has visited Solomon Islands this week to gather information on the upcoming Festival of Pacific Arts in July 2012.

6.2 Earthquake Strikes Solomon Islands

A magnitude 6.2 earthquake hit off the Solomon Islands this morning, but no tsunami warning was issued.
The bechdemeer ban came into effect three years ago in response to a report that showed a serious decline in bechdemeer stocks.

Calls for Lifting of Bechdemeer Ban

People in the outlying islands of Malaita and Temotu province have called on the national government to lift the nation wide ban on bechdemeer.

Second Phase of PACER Plus Consultations Begin

The Ministry of Foreign Affairs and External Trade is commencing the second phase of its national consultations on Solomon Islands' trade negotiations with Australia and New Zealand, commonly referred to as PACER Plus.
Mr Ngira says the reduced rate places Our Telekom in a strong position in terms of both future growth and competition.

0.99 Cents Per Minute Calls

Customers of Our Telekom's Breeze mobile service will benefit from a reduced mobile call rate starting today - 0.99 cents per minute.

American Flying Doctors Arrive in Solomon Islands

An advance team of the Flying Doctors of America (FDOA) has arrived in Honiara ahead of a group of surgeons and other medical specialists.

Stop Selling our Stones!

An East Malaita man Edwin Gani has urged people from the area not to sell gem stones from the area to any foreigners, until proper and legal procedures of the country are followed.
Mr Lilo says there are costs that the country cannot avoid due to its geographical make up.

Let's Unlock Our Potential: Lilo

Finance Minister Gordon Darcy Lilo says that the country needs to find innovative and creative ways to unlock the many potential that lie throughout the Provinces.
Dr Sikua says the underlying concern is that the due process "appears to have been high-jacked by a few who took advantage of some loopholes within the system."

Cancel Prospecting License to Axiom: Sikua

The Opposition Leader says the only remedy to the Isabel nickel prospecting deadlock is canceling the prospecting license wrongly issued to Australian Mining Company, Axiom.

Solomon Airlines Receives Air Operators Certificate

Solomon Airlines today received its first Air Operators Certificate, AOC, to allow it to extend its current services to cover both domestic and international flights.

ICSI Congratulates Solomon Airlines

The Solomon Islands Government's investment arm, the Investment Cooperation of Solomon Islands, or ICSI, has congratulated the Solomon airlines for its "constructive engagement which resulted in the national carrier attaining its historic Air Operators Certificate, AOC."
Mr Hatimoana says the proposed strike action by SINTA has been called off. He says teachers are urged to return to work at their various schools.

Government Responds to SINTA Demand

The Government has responded to the Cost of Living Adjustment (COLA) demanded by the Solomon Islands National Teachers Association (SINTA) with a counter offer last Friday.

Guadalcanal Workers Union Seek to go on Strike

A group calling itself the Guadalcanal Workers Union is beefing up support on behalf of Guadalcanal Plains Palm Oil limited (GPPOL) employees for a 14 days strike notice on the grounds of dissatisfaction over work condition.

Government Approves Three Additional Overseas Missions

The Government has approved the establishment of three additional overseas Diplomatic Missions to take care of the country's international affairs.

Rights of Women and Children Must be Respected: Kola

The Acting Head of local police, Walter Kola, says the rights of women and children must be respected by all Solomon Islanders.
Solomon Islands Prime Minister, Hon Danny Philip and Australia's Minister for Defence, Hon Stephen Smith.

Successful Visit for Defence Minister

Australia's Minister for Defence, Hon Stephen Smith MP, visited Solomon Islands from 12-13 July and met with national leaders and Australian soldiers serving as part of the Australian-led Regional Assistance Mission to Solomon Islands (RAMSI).

Festival of Arts Programme Launched

The Solomon Islands National Organizing Committee of the 11th Festival of Pacific Arts last Saturday launched a special bi-weekly radio program on the National Broadcaster (SIBC).
Andrew Te'e, the Former Commander of the Isatabu Freedom Movement, during the ethnic crisis.

Andrew Te'e Receives Pardon

The former Guadalcanal Revolutionary Army Commander Andrew Te'e has received a conditional pardon from the Solomon Islands Governor General Sir Frank Kabui.

Land Reform Seminar Expected to Bring Change

Consultant to the Customary Land Reform Unit, Andrew Nori, has said he does not want to see any Malaitan leave his land because of dispute and unhappiness.
Smith says that RAMSI is already in a period of transition.

Transition for RAMSI in Process

"Australia cannot act alone on any decision to reduce the number of soldiers serving with the Regional Assistance Mission in Solomon Islands (RAMSI)," the Australian Defense Minister, Stephen Smith says.

Axiom Mining to Begin

The Australian mining company, Axiom Mining, will begin drilling for nickel in Solomon Islands this week amid continued ill-feeling from rival companies and landowners.

Government Keen on Solar Energy

The National Coalition for Rural Advancement (NCRA) Government has voiced its intentions for great emphasis on its campaign to reduce fuel consumption in Solomon Islands.

Faulty Generator Blamed for Power Failure at the Hospital

Hospital Authorities have confirmed that the hospital's standby generator was rendered faulty, resulting in the longer than expected power outage at the hospital over the weekend.

Missing Solomon Islanders Found Safe

The Royal Australian Air Force (RAAF) has contributed to the successful rescue of ten people, reported missing near the Guadalcanal region of Solomon Islands.
Solomon Islands are hosting the 11th Festival of Pacific Arts from the 1st to the 14th of July 2012.

Festival of Pacific Arts Committee Kick Start PR Campaign

The National Organizing Committee of the 11th Festival of Pacific Arts has launched a special bi-weekly radio program on the National Broadcaster SIBC.
Mrs Jennifer Iniakwala, a nurse at the special care nursery for new born babies, said that had it not been for standby oxygen cylinders, lives would have been lost.

One Hour Power Blackout at the Hospital

Lives were at risk at the National Referral Hospital late last night following a power blackout that lasted for almost an hour.

Government Pledges SB$1 Million for Auki School

The Government has pledged a million dollars to rebuild the burnt down Auki Primary School in Malaita Province.

Voter Registration Process Corrupt: Babalu

A Former Chief Electoral Officer says the recent voter's registration for the 2010 was carried out in a corrupt manner.
Mr Philip urged all Solomon Islanders to celebrate their citizenship and the freedom they enjoy.

Celebrate Your Citizenship, Says PM

Prime Minister Danny Philip, in his 33rd Anniversary Independence message, has reminded all Solomon Islanders to celebrate their citizenship.

Delay in Delivery of A320 Aircraft

Solomon Airlines has confirmed that their new Airbus A320 will not make it in time for the planned unveiling on Independence Day tomorrow.

Australia Announces Ongoing Support to Solo Icon

Australia will be continuing its support for Solo Icon this year which includes a financial contribution of more than SBD$40,000.

Local Firm Investigates Alleged Cyanide Spill

Local environmental firm Pacific Horizons has confirmed completing an interim report on the Gold Ridge cyanide spill.
The additional funding from Australia will be for the Second Road Improvement project SIRP2, which aims to replace or upgrade around 30 water crossings and to build a 20 kilometre road.

SB$265 Million Grant to Fix Roads

Solomon Islands and the Asian Development Bank have signed a SB$265 million dollar grant from Australia to help restore vital transport links destroyed by the 2010 floods in central Solomon Islands.