Category Economy

CBSI WARNING ON SCAMS DURING THIS FESTIVE SEASON

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The Central Bank of Solomon Islands (CBSI) is again warning the general public to be careful over personal finances, or your cash money from shady schemers and scammers going around this festive season.There are current reports received that indicate certain…

Riot impact assessment November 2021

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The Central Bank of Solomon Islands (CBSI) has updated its initial assessment on the cost of the damage of the riot on the local economy. The extent of the adverse impact on the economy is extensive and estimated to have…

Gov’t payment of $13m for Mamara houses

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The Leader of Opposition, Hon. Matthew Wale, has blasted the government for the payment last week of $13 million for Mamara houses. Hon. Wale says, the payment was for $30.44 million, but due to government cashflow problem, Treasury was only…

Tina Hydro gets the green light

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In a historic moment for the Solomon Islands, the Tina River Hydropower Development Project has overcome its last major hurdle before construction can finally commence on the much-anticipated SBD1.5 billion renewable energy project. It has been a long and challenging…