Category: Finance

Public Servants receive 3 percent COLA
Finance

Public Servants receive 3 percent COLA

Eliza Kukutu- April 12, 2024

The Ministry of Finance and Treasury today confirmed that all Civil Servants this week received their 2024 Cost of Living Adjustment (COLA) increment of 3% ... Read More

4.1 percent GDP growth projection for Solomon Islands in 2024
Economy

4.1 percent GDP growth projection for Solomon Islands in 2024

Fredrick Kusu- April 12, 2024

By Sharon Nanau Preliminary data shows that the Solomon Islands Gross Domestic Product (GDP) is projected to grow by 4.1 percent in 2024. While the ... Read More

CBSI launches new automated transfer payment system
Finance

CBSI launches new automated transfer payment system

Fredrick Kusu- April 9, 2024

By Sharon Nanau The Central Bank of Solomon Islands (CBSI) launched the Solomon Automated Transfer System (SOLATS) in Honiara on Monday. Funded by Australia and ... Read More

Local Planning Scheme consultation completed in Noro and Munda
ADB

Local Planning Scheme consultation completed in Noro and Munda

Sharon Nanau- March 5, 2024

A local planning scheme consultation program was successfully completed in the Townships of Noro and Munda in Western Province last month. The program  which convened ... Read More

CBSI introduces new security threads on upgraded $100 and $50 banknote
Economy

CBSI introduces new security threads on upgraded $100 and $50 banknote

Fredrick Kusu- December 28, 2023

The Central Bank of Solomon Islands (CBSI) is pleased to announce the introduction of a new security technology embedded in the latest reprints of the ... Read More

ACTING PM COMMENDS OUR TELEKOM’S M-SELEN DURING LAUNCH
E-Commerce

ACTING PM COMMENDS OUR TELEKOM’S M-SELEN DURING LAUNCH

Eliza Kukutu- June 12, 2023

Acting Prime Minister Manasseh Maelanga has commended Our Telekom for launching its new mobile banking service called M-Selen in Honiara today. The new product will ... Read More

Weak revenue trend predicted for SI as logging exports decline: IMF
Finance

Weak revenue trend predicted for SI as logging exports decline: IMF

Eliza Kukutu- February 22, 2023

The International Monetary Fund (IMF) has forecasted the country’s revenue trend to be weak with the decline in logging exports. Speaking to the local media ... Read More