Economy Archive March 2018

José Antonio Ocampo (centre), Chair of the Committee for Development Policy (CDP).

Solomon Islands Set to Graduate From World's Poorest List

Four countries could soon “graduate” from the ranks of the world’s poorest and most vulnerable nations, a United Nations expert committee announced.
Australian visitor arrivals continue to dominate, the 10,161 number recorded accounting for 39.52 per cent of all arrivals.

Solomon Islands Cracks the 25,000 International Visitor Mark

A watershed moment for the Solomon Islands tourism industry, the destination has surpassed the 25,000 international visitor mark for the first time since numbers were first recorded in 1990.
Sarah Gibbens at National Geographic reports that the Sullivan brothers, George, Frank, Joe, Matt, and Al, natives of Waterloo, Iowa, enlisted in the Navy together soon after Pearl Harbor.

U.S.S. Juneau Wreck Discovered in the Solomon Islands

The underwater research vessel R/V Petrel—the ship-hunting craft funded by co-founder of Microsoft Paul Allen—added to its astonishing list of recently discovered shipwreck when it detected the final resting spot of the U.S.S. Juneau.
Automated customs operations now allow, for example, importers to pre-clear their goods online and avoid queuing for hours at the port or airport.

Solomon Islands Customs Collect Record SBD$1 Billion

The Solomon Islands Customs and Excise Division collected more than $1 billion in revenue in 2017 for the first time in history.