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Economy Archive April 2014
Distribution of Food Supplies Still Continue
The Solomon Islands National Disaster Management Office (NMDO) and its partner agencies are continuing to get food supplies to communities in Honiara and the greater Guadalcanal affected by the recent floods.
New Taskforce Established to Prosecute Illegal Companies
Solomon Islands police, prosecutors and several Government Ministries have formed a new high level taskforce to crackdown on environmental crime.
New Zealand and Australia Send Second Medical Team
An 11-person New Zealand and Australian medical team have arrived in Honiara on Monday 28 April to assist the Solomon Islands National Referral Hospital with an influx of patients following the recent floods.
Bougainville and Solomons Begin Trade Talks
Senior officials from the Solomon Islands Government have held talks with a delegation from Bougainville this week to further strengthen trade links between Solomon Islands and Bougainville.
Youth Market Kick Off This Week
The much-anticipated Youth Market is set to take place this Thursday the 1st of May in Honiara, Solomon Islands.
Gold Ridge Executives Banned from Re-entering Solomon Islands
Australian mining company St Barbara says it doesn't know why the Solomon Islands Government has banned its employees from re-entering the country.
Gold Ridge Landowners Voice Concern
The Gold Ridge Landowners and Guadalcanal Provincial government have warned both the government and St. Barbara that they will not accept decisions of mining on their land without being involved in the consultation process.
Sumitomo Donates for Disaster Assistance
The Japanese mining company, Sumitomo Metal Mining Co, Ltd, SMM, has donated $700,000 to the Solomon Islands Government Disaster Relief effort.
Keru Wharf Upgraded
Work has begun to upgrade and rehabilitate the Keru Wharf near New Georgia in Western Province, Solomon Islands.
Heavy Rain Warning Issued
The Solomon Islands Meteorological Service has issued a Heavy Rain Alert this morning which is in force for all Provinces in the country.
NDC Dismiss Rumours of Cash Grants
The National Disaster Council (NDC) warns against rumours of cash grants for those people displaced by the recent floods.
Government Encourages People to Return Home
The Solomon Islands Government is encouraging people to voluntarily leave evacuation centres and return home, with return assistance packages ready for distribution.
Vanuatu President Sends Condolence
The President of the Republic of Vanuatu, His Excellency Iolu Johnson Abbil has send condolences to the Government and people of Solomon Islands for the loss of lives and property during the April 3 floods.
Australia Sends Condolence
Australia’s Governor General Sir Peter Cosgrove has send condolences to the people of Solomon Islands who have been devastated following the April 3 floods which killed 21 people and left thousands homeless.
Australian Friends Help Clinic Clean Up
More than thirty White River Demons AFL players and Australians gathered in White River on Wednesday morning in a community blitz organised by the SIAFL to clean up the White River Health Clinic.
Private Sector Brings Clean Water to Stricken Communities
Members of the Solomon Islands Chamber of Commerce (SICCI) have joined forces to deliver clean filtered water to affected communities and Disaster Relief Centers in Honiara.
2 Earthquakes Strike Solomon Islands
Within a span of a few hours two strong magnitude 7 earthquakes struck the Solomon Islands on Sunday.
Government Begins Technical Assessment on Flood Hit Areas
The Government has started a detailed technical assessment at flood-hit areas in Honiara and Guadalcanal and other parts of the country to determine the scale of last week’s disaster.
Growth Up Slightly in Solomon Islands
Economic growth in Solomon Islands is expected to pick up slightly to 3% in 2014, and remain steady at 3% in 2015 due to a fiscal stimulus from investment projects which will have a spillover effect on the economy, according to the Asian Development Bank’s (ADB’s) 2014 Asian Development Outlook report.
Future of Gold Ridge Mining Uncertain After Floods
The long-term future of St Barbara's Gold Ridge operations is in doubt as the gold miner today suspended mining after deadly floods in the Solomon Islands.
Solomon Islands NDMO Issues an All-Clear Statement
The National Disaster Management Office has (NDMO) issued an All-Clear statement late yesterday afternoon, advising the public that no further threat exists and it is now safe for people in the affected areas to move around.
Death Toll Reaches 23
As search and rescue efforts continues 23 have been confirmed dead and hundreds still missing, according to the Solomon Islands National Emergency Operations Centre (NEOC).
Thousands Displaced by Floods
At the latest count today, 7,091 residents had been registered in nine of the evacuation centres in Honiara.
15 Confirmed Dead in Solomon Islands Flood Disaster
15 have been confirmed dead, 30 missing and at least 7,000 homeless following torrential rain and flooding in the Solomon Islands, according to the Solomon Islands National Emergency Operations Centre (NEOC).
New Mataniko Bridge Closed Off
The only bridge left standing, within the CBD area after the flash floods yesterday, has been blocked off by the police.
6 Confirmed Dead, 30 Missing
The police have confirmed to Solomon Times that 6 people have lost their lives due to the flash floods late yesterday afternoon, while at least 30 are still missing.
Homes Inundated by Heavy Rain
Homes have been inundated by heavy rain, one that has persisted for the past 36 hours.
MET Warns Boat Owners
The MET division has warned boat owners to cancel all operations until the weather clears.
Heavy Downpour Claims Two Lives
Reports have stated that two people, a mother and her baby daughter, were killed after sudden flash floods swept through the Chinatown area, washing away the old Chinatown Bridge.
US$9.1M World Bank Grant for Adaptation Efforts
Efforts to prepare the Solomon Islands for the impacts of climate change have received a US$9.1 million boost from the World Bank. The money will go help set up early warning systems to alert people if an extreme weather event is about to hit, helping to save lives in the event of tsunamis or other natural hazards.
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