Economy Archive March 2017

Judith Olivia had to travel from the remote village of Malatoha to the National Referral Hospital in the capital, Honiara.

WHO Assists in Bringing Health Closer to Homes in the Solomon Islands

Imagine spending your entire weekly food budget on an hours-long truck ride along a bumpy, dusty dirt road in tropical heat to reach the nearest hospital. Now imagine doing it pregnant. Six times.
Chairman, SINPF Board, Mr Boyers, handing over a cheque of $120 million to Minister of Finance & Treasury, Hon Rini, in the presence of Ruth Alepio, SINPF Board Secretary (sitting). At the back, standing from left: General Manager (Acting) SINPF, Mike Wate, Governor CBSI, Denton Rarawa and Permanent Secretary Ministry of Finance, Harry Kuma.

SIG, SINPF Sign Domestic Development Bonds Agreement

The Solomon Islands Government (SIG) and Solomon Islands National Provident Fund Board (SINPFB) signed on Monday 20th March 2017, a Domestic Development Bond Agreement in the presence of senior officials from the Ministry of Finance and Treasury, Solomon Islands National Provident Fund (SINPF) and the Governor of the Central Bank of Solomon Islands
Minister Rini said the claim is misleading and inappropriate, adding that, “the Government cash position is stable and payment to service providers, suppliers, contractors, scholarships and salaries are being met.”

Cash Flow Stable: Rini

The Minister of Finance and Treasury, Hon Snyder Rini lashed out at a press statement by the Opposition Spokesman on Finance and Treasury, Hon Rick Hou, claiming there is a serious crisis in Government Finance.
The Solomon Islands are part of the Pacific "Ring of Fire," a zone of tectonic activity known for frequent quakes and volcanic eruptions.

Magnitude 6.0 Quake Strikes Solomon Islands

A 6.0-magnitude earthquake hit off the Solomon Islands in the early hours of Monday, the US Geological Survey said.
With 75% of export earnings retained by the producer and 50% of producers are women the cocoa industry provides a livelihood for many involved in its production.

Solomon Islands Cocoa Showcased at Pasifika Festival

Cocoa is an important export earner for rural communities and small holder farms and their households in the Solomon Islands.
Photographers are invited to submit their best photos or portfolios of life above or underwater in Solomon Islands.

Solomon Islands Dive Expeditions Sponsors Photography Contest Worth SBD$1.7 Million

Solomon Islands Dive Expeditions along with its sister-company Dive Munda, is hosting the largest photography contest in Solomon Islands history. With over $22,000USD ($1.7 million SBD) in prizes, the contest is expected to draw submissions from around the world.