AUSTRALIA SUPPORTS GROWTH OF LOCAL CONSTRUCTION BUSINESSES
4 SEPTEMBER 2026
Australia is supporting the Solomon Islands construction sector to address one of its biggest challenges – accessing the finance that local businesses need to expand.
Over 50 company representatives gathered in Honiara to attend the Australia-supported Access to Finance workshop, connecting local contractors with banks, financial institutions and business support organisations.
Representatives from BSP, Credit Corporation, Development Bank of Solomon Islands, Business Link Pacific and Australia’s Strongim Bisnis shared practical advice on what businesses need when applying for finance, including good financial records, managing cash flow and meeting business requirements.
Australian High Commissioner Jeff Roach said access to finance was key to supporting local businesses to grow and take the Solomon Islands construction sector to the next level in infrastructure delivery.
“The majority of Australian-supported infrastructure is delivered by Solomon Islanders, and we’re proud to support strong local businesses to grow across the country as we work together to deliver the infrastructure communities need to prosper and grow,” High Commissioner Roach said.
“By strengthening financial management and understanding how to access finance, local contractors are better placed to seize new opportunities.”
Workshop participant, Rakei Soaki of Azimuth Survey said the workshop provided useful information to apply to their day-to-day operations.
“This has helped us better understand what banks and financial institutions look for, and why keeping good financial records is important,” Mr Soaki said.
“It also gave us a better understanding of the finance options available to help businesses grow and invest in the equipment and resources we need.”
During the workshop, participants learned about keeping accurate business records, separating business and personal finances, managing cash flow and understanding what lenders look for when considering loan applications.
Financial institutions also shared information on products that can help businesses purchase equipment, support project delivery and expand their operations.
The workshop forms part of Australia’s ongoing support to strengthen Solomon Islands' infrastructure sector to keep more of the benefits of infrastructure investment within Solomon Islands.
AUSTRALIA SUPPORTS GROWTH OF LOCAL CONSTRUCTION BUSINESSES
2026年9月4日
澳大利亚正在支持所罗门群岛的建筑行业,以应对其面临的最大挑战之一——获取当地企业扩展所需的资金。
超过50家公司的代表聚集在霍尼亚拉,参加由澳大利亚支持的融资获取研讨会,旨在将当地承包商与银行、金融机构和商业支持组织联系起来。
来自BSP、信用公司、所罗门群岛发展银行、商业链接太平洋和澳大利亚Strongim Bisnis的代表分享了申请融资时企业需要的实用建议,包括良好的财务记录、现金流管理和满足商业要求。
澳大利亚高级专员杰夫·罗奇(Jeff Roach)表示,获取融资是支持当地企业成长的关键,有助于将所罗门群岛的建筑行业提升到基础设施交付的新水平。
“绝大多数由澳大利亚支持的基础设施项目是由所罗门群岛人交付的,我们为支持全国范围内强大的当地企业成长而感到自豪,因为我们共同努力交付社区所需的基础设施,以促进和发展。”罗奇高级专员说。
“通过加强财务管理和了解如何获取融资,当地承包商能够更好地抓住新机会。”
研讨会参与者、Azimuth Survey的拉凯·索基(Rakei Soaki)表示,研讨会提供了有用的信息,可以应用于他们的日常运营。
“这帮助我们更好地理解银行和金融机构所看重的内容,以及保持良好财务记录的重要性。”索基先生说。
“这也让我们更好地理解可用的融资选项,以帮助企业成长并投资于我们所需的设备和资源。”
在研讨会期间,参与者学习了如何保持准确的商业记录、分开商业和个人财务、管理现金流以及了解贷方在考虑贷款申请时所看重的内容。
金融机构还分享了可以帮助企业购买设备、支持项目交付和扩展运营的产品信息。
该研讨会是澳大利亚持续支持所罗门群岛基础设施行业的一部分,旨在将更多基础设施投资的收益留在所罗门群岛。
The Solomon Islands Chamber of Commerce and Industry (SICCI) notes with growing concern the sustained pattern of political instability that has characterised the national landscape over the course of 2026, and the disruptive effect this continues to have on private sector confidence and operations.
This year alone has seen a change in national leadership following a successful motion of no confidence, an extended period of parliamentary uncertainty, and further recent instability arising from ministerial resignations and realignments within the governing coalition. For the business community, each of these episodes brings with it a familiar set of costs: delayed decision-making within government, uncertainty around the continuity of policy and reform commitments, hesitancy among investors, and an erosion of the predictability that businesses of all sizes rely on to plan, invest, and employ.
SICCI Chairlady, Namoi Kaluae, said the private sector has borne the practical weight of this instability throughout the year.
“Our members, from small and medium enterprises to larger investors, have consistently told us the same thing this year: it is not any single event that hurts them the most, it is the uncertainty. Every change in leadership or Cabinet brings a pause in decision-making, a review of pending approvals, and a wait-and-see approach from investors and financiers. That pause has a real cost, in stalled projects, delayed financing decisions, and jobs that are not created,” said Ms Kaluae.
The Chamber emphasises that political competition and democratic accountability are legitimate and necessary features of our system of government. SICCI’s concern is not with the exercise of these processes, but with the frequency and manner in which they have recurred this year, and the cumulative toll this takes on business confidence, cost of doing business, and the country’s attractiveness to both domestic and foreign investment.
“We recognise that our political leaders operate within a complex environment, and we do not underestimate the genuine challenges of governing in this term of Parliament. What we are asking for, on behalf of the private sector, is greater consistency and continuity, particularly around economic and reform-related decisions that businesses have already committed resources toward,” Ms Kaluae added.
SICCI as the voice for business in the Solomon Islands, calls on all sides of the political divide to prioritise national economic stability and to ensure that whatever the outcome of internal political processes, key reform commitments to the private sector, including those relating to economic policy, financing, and regulatory reform, are honoured and carried forward without unnecessary delay. The Chamber further encourages open channels of dialogue between government and the private sector during periods of political transition, so that business continuity is protected regardless of changes at the political level.
SICCI remains committed to constructive engagement with the Government of Solomon Islands, whatever its composition, and stands ready to work in partnership with national leaders to safeguard investor confidence, protect jobs, and support the resilience of the private sector during this period.
📰 THE ISLAND SUN FRONT PAGE
ISSUE 5693 | THURSDAY 3 SEPTEMBER 2026
LOs REJECT MINERS
Gold Ridge landowners reject mining applications for their lands, Minister Manuari clarifies upholding due process
Gold Ridge landowners of the Garavu and Manukiki tribes have called on Mines Minister Derick Manuari over what they claim is a breach of the Mines Act and preference being given to certain mining companies over landowners’ choice.
Minister Manuari has responded, clarifying that there has been no breach of the Act and that the normal process of “first come, first serve” in applications for licences has been observed.
Representatives of the Garavu and Manukiki tribes held a press conference this week where they rejected proposals for four foreign mining companies to operate on their lands.
The landowners also raised concerns over what they claim are interests involving two companies — Terracore and Crestone — to be included in the agenda of the Mines and Minerals Board meeting.
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🔹 Lilo denies involvement in MoNC plans, calls for responsible media reporting — Page 3
🔹 Gold Ridge landowners raise concerns over mining applications — More on the dispute and the Government’s response inside.
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📰 THE ISLAND SUN FRONT PAGE
ISSUE 5693 | THURSDAY 3 SEPTEMBER 2026
LOs REJECT MINERS
金岭的土地拥有者拒绝了他们土地上的采矿申请,矿业部长德里克·马努阿里澄清了遵循正当程序的情况。
金岭的土地拥有者来自加拉武和马努基基部落,他们呼吁矿业部长德里克·马努阿里,声称存在违反《矿业法》的情况,并且某些采矿公司在土地拥有者的选择上得到了优先考虑。
马努阿里部长回应称,法律并未被违反,申请许可证的正常程序“先到先得”得到了遵循。
加拉武和马努基基部落的代表本周召开了新闻发布会,拒绝了四家外国采矿公司在他们土地上运营的提案。
土地拥有者还对他们声称的涉及两家公司——Terracore和Crestone——的利益表示担忧,希望将其纳入矿业和矿产委员会会议的议程。
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🔹 总检察长苏里驳斥指控为“虚假和误导性”——第2页
🔹 利洛否认参与不信任动议计划,呼吁负责任的媒体报道——第3页
🔹 金岭土地拥有者对采矿申请表示担忧——更多关于争议和政府回应的内容。
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Island SunBusiness & Economy商业经济·2026-09-03Original ↗原文 ↗
Gold Ridge landowners reject mining applications for their lands, Minister Manuari clarifies upholding due process
Gold Ridge landowners from the Manukiki and Garavu tribes have rejected mining applications by Terracore and Crestone, saying they do not want foreign mining companies operating on their customary lands.
Mines Minister Derick Manuari has defended the process, saying the applications were lodged first and must proceed according to the Mines Act and the “first come, first serve” principle.
He said landowners will have an opportunity to object during the Surface Access Rights Agreement (SARA) process, where access to their land can be challenged.
[Representatives of the Garavu and Manukiki tribes of the Charana, Chacha and Vatuviti subclans at the press conference on September 1. Photo credit - Tony Iroga]
READ MORE:
https://theislandsun.com.sb/gold-ridge-landowners-reject.../
Gold Ridge landowners reject mining applications for their lands, Minister Manuari clarifies upholding due process
金岭的土地所有者来自Manukiki和Garavu部落,拒绝了Terracore和Crestone的采矿申请,表示他们不希望外国采矿公司在他们的传统土地上运营。
矿业部长Derick Manuari为这一过程辩护,称申请是首先提交的,必须根据《矿业法》和“先到先得”原则进行。
他说,土地所有者将在地表通行权协议(SARA)过程中有机会提出异议,届时可以对进入他们土地的请求进行挑战。
[Garavu和Manukiki部落的代表在9月1日的新闻发布会上。照片来源 - Tony Iroga]
阅读更多:
https://theislandsun.com.sb/gold-ridge-landowners-reject.../
Island SunBusiness & Economy商业经济·2026-09-02Original ↗原文 ↗
BY JOHN HOUANIHAU
Gold Ridge landowners of the Garavu and Manukiki tribes have called out Mines Minister Derick Manuari over what they claim is a breach of the Mines Act and preference of certain mining companies over landowners’ choice.
Minister Manuari has responded clarifying that there has not been any breach of the Act and that the normal process of ‘first come, first serve’ in application for licence has been observed.
On Tuesday, September 1, landowners of the Charana and Vatuviti subclans of the Manukiki tribe and Chacha clan of the Garavu tribe held a press conference where they rejected any proposal for any foreign mining company operating on their lands.
Their lands include Papahosa, Adevasu, Vatusokiki and Chauvati.
The landowners also condemned reports that Minister Manuari had pushed to have the matters of two companies – Terracore and Crestone – to be included in the agenda for the Mines and Minerals Board meeting to be held tomorrow, September 3.
“We collectively affirm our solidarity to be united and protect our rights. We call on the Minister to follow the process stipulated by our mining laws,” Manukiki representative Ketsy Seri said.
“Our landowning groups are in the process of acquiring the perpetual estate title for the said lands, and we do not accept any intention or any company wanting to carry out prospecting or mining operations at these said lands for now,” Ms Seri said.
Seri said they had already placed their rejection of any operation on their lands with the Mines Ministry and question how the Minister and the Ministry can override their objection to the mining applications to their lands.
Minister Manuari however has hit back accusing the landowners of propping up the interests of the Win Win company, which he said is their preferred company.
Manuari said Terracore and Crestone companies had applied first, and the Ministry of Mines (MMERE) has a ‘first come, first serve’ policy, which sees the applications of Terracore and Crestone being considered instead of Win Win’s application.
He said the landowners later submitted an objection letter against the Terracore and Crestones’ applications, but the objection was made at a stage where the Minister did not have the power to simply cancel the applications.
“The application has already been registered and is now in order. In that case, we cannot do anything simply because they have submitted an objection letter. It is not the right time for an objection,” Manuari said.
He explained that the next step is for the applications to proceed to the Mines and Minerals Board for consideration.
He said the proper opportunity for the landowners to object would come later in the process, particularly when the companies seek a Prospecting Licence (PL) and are required to obtain a Surface Access Rights Agreement (SARA) to access the land.
“This is where the landowners can come in. If they object to the SARA, the company can no longer have consent to access that particular land,” he said.
According to Manuari, if a company cannot obtain the required land access consent, the Mines and Minerals Board can then cancel the licence, creating an opportunity for another company to apply.
“That is the normal process,” he said.
Manuari rejected the landowners’ expectation that he should personally remove Terracore and Crestone from the application process and replace them with Win Win.
“They expected me to remove the application and allow the company they want to come in. But it does not work that way,” he said.
“The companies have already been registered. You just cannot go and delete them from the system.”
He also rejected the claim that he had been pushing Terracore and Crestone to have their applications considered by the Mines and Minerals Board.
“No. This is done according to the process,” he said.
“They said I have been pushing for the two companies, but that is not the case. It is a normal process.”
Manuari said he did not have the authority to simply cancel the applications following the landowners’ objection.
“I have no power to do that. The process must always come before the Mines and Minerals Board,” he said.
He said the landowners had been advised by both the Ministry and himself that the appropriate time to raise their objection was during the SARA process.
“So, you have to wait for the SARA so you can object to it. If they expect the Minister to remove the companies, that is not how the process works,” Manuari said.
According to Company Haus, Terracore and Crestone are owned by a Hongkong-based company called Pan Asia International Mining Co, Limited.
Terracore Mining Company Ltd was incorporated on March 20, 2025, and has three Chinese directors – Mr Yongwei Qu, Mr Linlin Ma, Mrs Jin Liu. The contact person is Peter Lee. The company is addressed at the Henderson Court.
Crestone Resources (SI) Co Ltd was incorporated on June 27, 2025, and has three Chinese directors – Mr Hao Zhang, Mr Haoqi Liu and Ms Liu Jin. The contact person is also Peter Lee. The company is addressed at the Marava Area, East Guadalcanal, Guadalcanal.
BY JOY OFASIA
The Government has opened its Draft Tax Policy Work Programme Consultation, with the Minister of Finance and Treasury calling for greater preparation and understanding as Solomon Islands moves towards the introduction of Value Added Tax (VAT).
The consultation was officially opened at Heritage Park in Honiara on Tuesday and brought together representatives from the private sector, business community, NGOs and the accounting profession.
The Minister said the consultation provides an opportunity for Government to clearly outline its tax policy priorities and strengthen engagement with stakeholders. He said a strong and sustainable revenue base is important to strengthening the economy and enabling Government to deliver essential services to the people. However, he stressed that tax policy is not simply about collecting more revenue, but also about ensuring the tax system is fair, understandable and properly administered.
The Minister said VAT is one of the most significant reforms under the Government’s wider tax reform programme. He confirmed that the Government’s policy decision to introduce VAT has already been made and that the fundamental design of the VAT regime has been settled. He said the focus now is on helping businesses and taxpayers understand the VAT Bill and prepare for implementation.
“Today is about understanding what is in the VAT Bill, what it means, and what businesses and taxpayers need to do to prepare,” he said. Businesses will need to prepare for VAT registration, invoicing, record keeping, reporting and claiming legitimate input tax credits.
The Minister said public education will also be important to help people understand how VAT works and how it may affect transactions and prices. He described VAT as a whole-of-Government reform, requiring cooperation between Government agencies, businesses, professional advisers and the wider community.
The Inland Revenue Division will lead VAT administration, including staff training, taxpayer registration and providing guidance. The Minister encouraged businesses and stakeholders to begin preparations early, saying education and preparation will be critical to a successful transition. He said the Government’s wider tax reform programme aims to create a more transparent, predictable, fair and sustainable tax system that supports national development.
Minister Lilo launches tax policy work programme as government rolls out VAT consultations
Honiara, 02 September 2026 — The Minister of Finance and Treasury, Hon. Gordon Darcy Lilo, yesterday officially launched the Government’s Draft Tax Policy Work Programme at Heritage Park Hotel, calling it a key step toward a fairer, more transparent tax system for Solomon Islands.
Speaking to representatives of the private sector, business community, NGOs and the accounting profession, the Minister said the programme will set out clearly what tax reforms are coming and when.
“This consultation is about transparency. The GREAT Coalition is committed to strengthening our economy and improving our ability to deliver for the people of Solomon Islands. A strong and sustainable revenue base is part of that,” Minister Lilo said.
The Minister emphasised that tax policy is not just about collecting more revenue.
“It is also about having a system that is fair, understandable and capable of being administered properly, while recognising the environment our businesses and taxpayers operate in,” he said.
The Work Programme was developed jointly by the Ministry of Finance and Treasury, Inland Revenue Division, and the Economic Development Division to ensure reforms align with both revenue goals and the wider economy.
A major focus of the launch was the Government’s decision to introduce Value Added Tax [VAT].
“Let me be clear. The Government has made its policy decision on VAT. The fundamental design has been settled. Today is not about reopening that decision. Today is about understanding what is in the VAT Bill, what it means, and what businesses need to do to prepare,” the Minister stated.
Businesses will need to get ready for VAT registration, invoicing, record keeping, charging and reporting VAT, and claiming input tax credits. The public will also need to understand how VAT applies to goods and services and how it may affect prices.
“We do not want businesses to reach implementation day and discover they do not understand their obligations. Preparation starts now,” Minister Lilo said.
Inland Revenue will lead training, system upgrades, taxpayer registration and public education. The Economic Development Division will assess broader economic impacts to ensure VAT supports national fiscal goals.
Minister Lilo said VAT and the wider tax reforms are not just an Inland Revenue issue.
“This is a whole-of-Government reform. It will require cooperation from Government agencies, businesses, professional advisers and the wider community,” he said.
The Government will roll out further information sessions, workshops and guidance in the coming months. Some reforms in the Work Programme are still at policy development stage and will involve further consultation. For VAT and other decided reforms, the focus now shifts to education, preparation and implementation.
“Our objective is not simply to introduce new taxes. Our objective is to build a stronger, fairer and more sustainable tax system that supports domestic revenue mobilisation, improves compliance, and gives Government the resources to deliver essential services,” the Minister concluded.
He formally opened the consultation and thanked stakeholders for their engagement.
-ENDS-
BY TONY IROGA
THE Solomon Islands National University (SINU) will host the 2026 National Trade Fair after signing a Memorandum of Understanding (MoU) with the Ministry of Commerce, Industry, Labour and Immigration (MCILI).
SINU Vice Chancellor Professor Transform Aqorau and MCILI Supervising Permanent Secretary Cornelius Donga signed the agreement at SINU’s Kukum Campus last week.
According to statement over the weekend, the MoU formalises the use of SINU Village as the official venue for the National Trade Fair which is scheduled for September 7 to 14, 2026.
Speaking during the signing ceremony, Mr Donga said MCILI had maintained a long-standing partnership with SINU and welcomed the opportunity to hold the national event at the university.
He said MCILI, as the organiser of the National Trade Fair, was pleased to work with SINU and use SINU Village as the venue.
“We are pleased to partner with SINU and utilise SINU Village for this year’s National Trade Fair,” Mr Donga said.
Under the agreement, MCILI will carry out improvements to key facilities and infrastructure at SINU Village ahead of the event.
The planned works include upgrading ablution blocks, electrical and lighting systems, drainage and stormwater infrastructure, roads, walkways and parking areas.
Improvements will also be made to fencing, gates and access control, as well as landscaping and signage.
Professor Aqorau welcomed the initiative, saying the agreement demonstrated the importance of collaboration between government institutions.
“SINU belongs to the Government and people of Solomon Islands,” Professor Aqorau said.
He said partnerships between government institutions provided a way forward in supporting national development initiatives.
The signing ceremony was witnessed by officials from both SINU and MCILI.
The SINU delegation included Professor Aqorau, Executive International Relations Officer Andrew Awa and BICS Manager Samson Bisafo.
The MCILI delegation included Mr Donga, Chairman of the National Trade Fair 2026 Moses Waririu, Donalee Vozoto and Junior Ma’ahuliu.
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Editor: irwin2angiki@gmail.com
BY DOUGLAS VAHIA
Transparency Solomon Islands (TSI) has called on the Government to strengthen transparency, accountability and community consultation in the management of the country’s mineral resources.
The call comes amid concerns raised by landowners over the proposed Mineral Resources Bill 2025 and the potential social, economic and environmental impacts of mining activities in Solomon Islands.
TSI said landowners from North and Central Guadalcanal, through their spokesperson Walton Naezon, had petitioned the Government to delay consideration of the Mineral Resources Bill 2025 and undertake broader and more meaningful consultation with affected communities and the wider public.
The organisation welcomed the Government’s decision to receive the petition and commended Mr Naezon for raising the concerns of resource owners.
TSI said landowners and citizens must be properly consulted before decisions are made concerning the exploitation of the country’s natural resources.
It also called for legislation governing mining to be fair, transparent and protective of the rights and interests of Solomon Islanders.
One of the organisation’s key concerns is the proposed “constructive consent” provision, which it said should be removed entirely from the Bill.
TSI said that while mining has often been promoted as a pathway to economic growth, the benefits promised to communities have not always matched the social, economic and environmental costs associated with resource extraction.
The organisation pointed to continuing challenges faced by communities in accessing healthcare, education, infrastructure and employment, while rivers, forests, coastlines and other ecosystems remain under pressure from development and extraction activities.
“True development cannot be measured by minerals extracted or revenue generated,” TSI said, stressing that development should improve people’s lives, protect the environment and safeguard the interests of future generations.
The organisation also emphasised the importance of customary land, saying it should not be treated merely as an economic asset because it is closely connected to identity, culture, history and livelihoods.
TSI said landowners must be treated as genuine partners in development rather than as passive recipients of decisions already made.
It said meaningful consultation should provide communities with access to relevant information, sufficient time to consider proposals and genuine opportunities to influence decisions.
Environmental concerns
TSI also raised concerns about environmental protection and enforcement, saying weak or poorly enforced safeguards could result in pollution, ecosystem degradation and damage to community livelihoods.
It called for environmental laws to be properly enforced, breaches investigated and those found responsible held accountable, including through remediation where appropriate.
The organisation also referred to recent concerns surrounding 33 shipments from Rennell and Bellona, saying allegations involving a lack of transparency, approvals or adequate safeguards should be independently investigated.
TSI said the public has a legitimate interest in knowing how the country’s natural resources are extracted, licensed, transported and exported.
It called for proper documentation, effective oversight and stronger accountability across the sector.
The organisation further urged the Ministry of Mines and Energy to work closely with relevant agencies, including the Environment, Forestry, Public Prosecutions and Police, to strengthen enforcement.
TSI said the February 2026 memorandum of understanding following Commonwealth prosecution training could provide a foundation for addressing environmental and resource-related offences.
It called on authorities to conduct thorough investigations and pursue prosecutions where sufficient evidence exists.
People before profits
TSI acknowledged the Government’s proposed framework for Alluvial Mining Licences and its focus on reserving opportunities for Solomon Islanders.
However, it stressed that policies alone were not enough.
According to TSI, a strong mining framework must include transparent licensing, workplace safety, child protection, environmental safeguards, fair benefit-sharing and effective enforcement.
The organisation said large-scale mining should not proceed at the expense of communities and the environment.
It urged the Government to prioritise people before profits, sustainability before short-term gains and accountability before political convenience.
TSI also called for greater economic diversification, arguing that Solomon Islands should not become overly dependent on mining.
It identified agriculture, fisheries, tourism, manufacturing and entrepreneurship as sectors that could provide alternative pathways for economic development.
The organisation also highlighted opportunities such as reviving cattle farming in Western Province, strengthening initiatives including Yadina and the Livestock Development Authority, and responsibly progressing infrastructure projects such as Bina Harbour and Suava Bay.
It said economic opportunities and essential services should also be decentralised to allow provinces to develop their own strengths and reduce dependence on Honiara.
Stronger institutions needed
TSI said resource management must ultimately be guided by honesty, integrity, transparency and accountability.
It stressed that leaders entrusted with public power have a responsibility to protect the interests of the people and the country rather than those of a select few.
The organisation also called for greater participation by civil society, churches, traditional leaders, women, youth and landowners in decisions affecting the country’s natural resources.
TSI said Solomon Islands’ natural resources should be regarded as a gift entrusted to the present generation and not as an unlimited commodity.
It warned that poor management of those resources could place an unnecessary burden on future generations.
The organisation maintained that Solomon Islands does not have to choose between economic development and environmental protection.
It said both could be achieved through strong laws, transparent institutions, responsible investment and genuine community participation.
TSI also said companies that comply with the law and make a positive contribution should be able to operate within a predictable regulatory environment, while those that breach the law should face appropriate consequences.
It urged the Government to strengthen institutions, improve transparency, protect landowners’ rights, enforce environmental and mining standards, and ensure fair benefit-sharing.
“The time for complacency has passed,” TSI said.
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Editor: irwin2angiki@gmail.com
Solomon Islands hands over PIF chairmanship to Palau after a year of leadership focused on Pacific unity and collective action. Solomon Islands has handed over the chairmanship of the Pacific Islands Forum to Palau, marking the end of its year leading the regional organisation. Foreign Affairs and External Trade Minister Rick Houenipwela represented Solomon Islands [...]
The post Solomon Islands Hands Over Pacific Forum Chair to Palau appeared first on Tavuli News (Solomon Islands) .
SICCI welcomes the SME Credit Guarantee Scheme relaunch, urging banks to streamline lending and improve access to business finance. The Solomon Islands Chamber of Commerce and Industry (SICCI) has strongly welcomed the national government’s reopening of the Small and Medium Enterprises Credit Guarantee Scheme (SMECGS). As the peak representative body for the private sector, SICCI [...]
The post SICCI Welcomes Relaunch of SME Credit Guarantee Scheme appeared first on Tavuli News (Solomon Islands) .
By Agnes Menanopo
The Ministry of Finance and Treasury, through its Inland Revenue Division, is holding a Tax Policy Work Programme Consultation this week at the Heritage Park Hotel.
The consultation provides the Government with an opportunity to outline its tax policy priorities and planned reforms, while giving stakeholders a clearer understanding of the process and direction of its tax policy work.
Speaking at the opening of the consultation today, Minister of Finance Gordon Darcy Lilo said the programme is aimed at providing greater transparency around the GREAT Government’s tax policy priorities and planned reforms.
He said the consultation would also allow stakeholders to better understand the Government’s tax policy direction and the work involved in implementing reforms.
“This is important because tax policy does not sit within one part of the Government.
“The policy work needs to consider both the revenue objectives of the Government and the wider economic environment. Inland Revenue also has an important role in ensuring that policies can be administered effectively and that taxpayers receive the information and support they need,” Lilo said.
Minister Lilo said one of the most significant reforms under the Government’s tax reform programme is the introduction of Value Added Tax, or VAT.
“The Government has made its policy decision on VAT. The fundamental design of the VAT regime has been settled.
“Today is therefore not about reopening that decision or asking stakeholders whether Solomon Islands should introduce VAT,” he said.
Lilo said businesses would need to prepare for VAT registration, invoicing, record keeping, and the charging and reporting of VAT, as well as claiming legitimate input tax credits.
He stressed that education and awareness would be critical to a successful transition to VAT.
“We do not want businesses to reach implementation day and discover that they do not understand their obligations.
“We want businesses to have time to prepare, time to make changes to their accounting and invoicing systems, time to train their staff, and time to ask questions,” he said.
The Minister said the Government is committed to starting the education and communication process early, with the current consultation forming part of that process.
He added that further information, guidance, workshops and stakeholder consultations would be provided as the Government moves towards VAT implementation.
Lilo encouraged businesses and other stakeholders to participate in the upcoming activities and begin preparing for the transition.
[end]
The post Government outlines Tax Reform priorities, VAT preparation first appeared on Solomon Islands Broadcasting Corporation (SIBC) .
By Agnes Menanopo
Minister of Finance and Treasury and Central Honiara MP, Hon. Gordon Darcy Lilo has defended Solomon Islands’ democratic system, calling on citizens and the media to exercise freedom of expression responsibly and respect the rule of law.
Lilo told the media today that Solomon Islands has a robust political system and that democracy continues to operate openly and fairly.
“But at the same time, you have that freedom of expression that you have, but express it in a very responsible way,” he said.
Lilo was also asked about reports linking him to the resignations of three ministers, but rejected suggestions that he was a key player behind the developments.
He criticised what he described as irresponsible reporting by sections of the media.
“I want to say to the media that it is so irresponsible. That bit of that article and how you generate an issue out of it is absolutely irresponsible,” he said.
“I want to say to you, go and correct yourself and then get things right.”
Lilo said the country’s democratic system remains strong and urged the media to respect the political process.
Asked what the GREAT Coalition Government would do following the resignation of the three ministers, he said the process should be allowed to take its course.
He described political change as part of a fluid democracy and said Solomon Islands’ developing political party system would continue to evolve.
Lilo also stressed the importance of responsibility among politicians, the media and the public.
“I think that’s the key message: responsibility, irresponsibility and shared responsibility,” he said.
[end]
The post Lilo defends Solomon Islands democracy, urges responsible use of free speech first appeared on Solomon Islands Broadcasting Corporation (SIBC) .
By Georgina Maka’a After three decades of discussion, Solomon Islands has formally begun public consultations on a long-awaited tax reform,...
The post VAT is Coming: Businesses Told to Get Ready appeared first on In-depth Solomons .
BY TONY IROGA
Solomon Islands and the World Bank have discussed ways to improve energy security and lower the high cost of electricity in the country.
The discussions were held on Sunday, August 30, on the margins of the 55th Pacific Islands Forum Leaders Meeting in Koror, Palau.
Foreign Affairs and External Trade Minister Rick Houenipwela and National Planning and Development Coordination Minister Peter Kenilorea Jr met with World Bank Regional Vice President Felipe Jaramillo, a statement by the PM Press Secretariat today said.
The meeting focused on fuel prices, electricity costs and reforms needed to make the country’s energy sector more efficient and affordable.
Lowering electricity costs remains one of Prime Minister Matthew Wale’s key priorities under the GREAT Coalition Government, the statement said.
It said high energy costs are placing pressure on households and businesses and are also holding back economic growth.
Mr Houenipwela told the World Bank that Pacific Island countries need to work together to reduce the costs associated with transporting fuel from Singapore, including freight, transport and insurance costs.
This regional approach would complement efforts being made at the national level to reduce fuel and electricity prices.
Government also outlined its plans to increase the use of renewable energy, particularly through a mix of solar and hydropower.
Another key issue discussed was the possibility of Solomon Islands developing its own fuel storage facility.
The facility could potentially serve not only Solomon Islands but also as a regional fuel storage facility.
The World Bank has indicated that it is willing to undertake analytical work to assess the concept.
Mr Jaramillo welcomed the Government’s initiatives and outlined possible World Bank support ranging from short-term measures to medium- and long-term assistance.
This could include support for fuel storage investment and renewable energy development.
The World Bank also reaffirmed its continued support for the Tina River Hydropower Project.
The project is expected to provide reliable baseload electricity while reducing Solomon Islands’ dependence on imported fuel.
The World Bank has also been working with the Government to advocate for US$35 million in financing from the Green Climate Fund.
The two sides agreed to continue working together on practical measures to reduce electricity costs, strengthen energy security and support the country’s long-term economic development.
BY DOUGLAS VAHIA
PETER Tangisi, a farmer and cocoa buyer from Tangarare in West Guadalcanal, is demonstrating how the Commodities Export Marketing Authority’s (CEMA) agent network can strengthen local farming communities by linking farmers to markets, supporting quality production, and keeping money circulating within villages.
Mr Tangisi, who is in his late 40s, has been farming since 2012 and became a CEMA agent three years ago.
Today, he combines his own farming activities with buying produce from other farmers in and around his community, while operating a small dryer to support the preparation of quality cocoa.
As part of his role as a CEMA agent, Tangisi has distributed drums and nets, supplied by CEMA for dryer construction, to nearby farmers who sell their produce through him.
He said the equipment has become an incentive for farmers who remain committed to producing and supplying cocoa through his buying network.
Tangisi said joining CEMA has brought several practical benefits to farmers, including freight subsidies, steady and flexible pricing aimed at financially empowering farmers, and the provision of materials such as drums and nets to help farmers build and improve their dryers.
Beyond the farm gate, Tangisi said these benefits are helping to improve cash flow within rural communities, with farmers better able to meet basic household needs and pay school fees once paid for their produce, creating a direct link between agricultural production and the wellbeing of local families.
Despite these improvements, Tangisi acknowledged that transportation remains one of the major challenges facing farmers in the area, with unreliable transport making it difficult to move produce consistently, while unpredictable weather further disrupts farming activities, drying, and the movement of cocoa and copra.
Tangisi is encouraging farmers to follow the best practices taught by CEMA, particularly in the production, fermentation, drying and handling of cocoa, stressing that quality remains critical if the Solomon Islands is to meet the requirements and demand of overseas buyers.
“Everyone must apply the best practices taught by CEMA if we want to achieve a quality product. Quality is important because our produce must meet the demand and expectations of overseas buyers,” Tangisi said.
He also called on government officials and relevant agricultural authorities to visit farmers in their communities and provide practical awareness on the latest farming techniques, saying regular field-level support would help farmers maximise the full potential of their cocoa and copra plantations.
Tangisi’s experience as both a farmer and CEMA agent highlights the importance of strong links between farmers, local buyers, government support and overseas markets. For rural communities such as Tangarare, these links continue to help improve production, strengthen household incomes, and contribute to the wider development of the country’s agricultural sector.
By RODRICK DESURI
Auki
Vendors and members of the public in Auki, Malaita Province, have applauded the Auki Central Market authority for quickly repairing the market toilets after they were blocked and closed to the public for several weeks.
The closure had caused significant inconvenience to vendors and members of the public, forcing some people to use the seaside to relieve themselves.
Market vendor, Mary Sua expressed her appreciation to the Auki Market Office and the current Malaita Provincial Government for addressing the issue and reopening the toilet facility.
She said the quick response demonstrated a responsible and active market authority committed to serving the people of Malaita.
“On behalf of the general public, I would like to express my gratitude to the market authority for quickly solving this issue, which is very important for us,” Sua said.
She said the closure had particularly affected women, who were forced to use secluded areas along the seaside.
“We are people of culture and custom. When the toilet was closed, women had to use the seaside to relieve themselves, exposing themselves to the public,” she said.
Another market vendor also called on the market management and provincial government to repair and reopen the male section of the toilet and consider constructing an additional public toilet facility in Auki town.
He said proper sanitation facilities were essential infrastructure for public places, schools and urban centres.
“I want to call on the Auki Market management and provincial leaders to look into fixing the male section so that men can also use their designated facility,” he said.
The vendors said maintaining adequate and functioning sanitation facilities at the market would help improve public health, hygiene and the overall environment for both vendors and customers.
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30 th August 2026 – The Ministry of Infrastructure Development (MID) convened a Franchise Shipping Scheme (FSS) Operators’ Workshop on 19th August to re-align vessel operators with the core objectives of the scheme and reinforce strict contractual compliance across all seven franchise routes.
Established under the Solomon Islands Maritime Authority Act 2018 (Part 4, sections 39–44), the FSS provides government subsidies to ensure essential maritime services reach remote regions where commercial shipping is otherwise unviable.
During the workshop, the FSS Manager Barnabas Maraka highlighted key operational priorities for contracted operators:
Representative from the shipping operators who attended the program.
Strict Adherence to Schedules: Voyage schedules are legally binding parts of operator contracts. Unauthorized schedule deviations or prioritizing non-FSS commercial charters over scheduled franchise trips constitute direct contractual breaches.
Utilization of Alternate Vessels: Operators were reminded of their contractual commitment to deploy nominated alternate vessels during mechanical breakdowns to prevent prolonged service disruptions in remote communities.
Regulation of Passenger & Cargo Rates: Operators are required to strictly charge only the public fares approved in their bidding documents to preserve the objective of the scheme.
Performance-Based Verification & Reporting: Subsidy disbursements remain tied to complete voyage verification. Operators must submit detailed voyage reports—including logbooks, passenger/cargo manifests, call point confirmations, and fuel receipts—within seven (7) days of completing each voyage.
MID’s FSS Manager Barnabas Maraka and his assistant officer during the workshop.
Manager Mr. Maraka said that the scheme is as much a social equity mechanism as it is an economic driver.
“Because public funds are expended, full transparency, proactive communication, and accountable service delivery are essential to ensuring our remote outer island communities remain reliably connected to Honiara.”
There is a total of seven routes under FSS:
– Route 1 covering Temotu outer islands
– Route 2 for Ontong Java and Ndai (Malaita Outer Islands)
– Route 3: Servicing Sikaiana Island
– Route 4 covers a long round trip for the Shortland Islands.
– Route 5 to Rennell Bellona Province
– Route 6 covering Makira Island Weather coast
– Route 7 servicing Guadalcanal weather-coast communities
The FSS distinguishes between two types of shipping services:
– Near-coastal shipping: Serving outer islands such as Temotu, Malaita Outer Islands, Rennell Bellona, and Shortland Islands.
– Inshore services: Covering round-island trips for coastal areas like Makira and Guadalcanal weather coasts.
Acting Director of Transport Infrastructure Management Services Division Ishmael Alulu making a point.
This shipping scheme will also undergo a comprehensive review highlighting the Government for Reform, Empowerment, Accountability, and Transformation’s (GREAT) productive sector policy’s recognition of the role that reliable and efficient shipping services play in fostering economic growth and social development, especially in remote and economically challenging areas.
BY TONY IROGA
Opposition Leader Manasseh Sogavare is demanding answers over the reported $35,000 fortnightly salary of Attorney-General Gabriel Suri, calling on the Government to disclose the legal authority and arrangements behind the remuneration package.
In a statement issued today, Sogavare questioned why the Attorney-General’s reported salary, excluding benefits, is significantly higher than the basic salary of the Prime Minister.
Based on the reported figure, Suri’s salary amounts to about $910,000 a year before benefits, compared to the Prime Minister’s gross basic salary of about $17,487 per fortnight, or $454,659.43 annually, under the 2026 Members of Parliament Entitlements Regulations.
“Solomon Islanders have recently questioned increases to MPs’ salaries and demanded fairness and transparency over the use of public money. Those same standards must apply here,” Sogavare said.
“If the Attorney-General is receiving $35,000 every fortnight before benefits, the public deserves to know who authorised it, under what law and why.”
Sogavare said the Opposition’s concern was not whether the Attorney-General should be properly remunerated, but whether the reported package was authorised in accordance with the Constitution, regulations and laws governing public expenditure.
He called on the Government to disclose the legal and regulatory authority for the remuneration package, any relevant Cabinet decision, the Attorney-General’s full package of allowances and benefits, and the reasons for the reported difference between Suri’s remuneration and that of previous Attorneys-General.
“Cabinet is not above the Constitution or the law. If Cabinet approved this package, then disclose the decision and show the legal authority that allowed it,” Sogavare said.
“At a time when ordinary Solomon Islanders are feeling the pressure of the cost of living and questioning how public money is being spent, Government cannot expect a reported $35,000 fortnightly package to escape public scrutiny.”
“If everything was properly authorised, put the documents on the table,” he said.
“This is public money. The public has a right to know.”
Suri explains salary arrangement
Speaking to the Island Sun today, Attorney-General Gabriel Suri said his current remuneration followed negotiations with the Government after he was offered the position.
Suri said that before his appointment as Attorney-General, he operated a private law firm.
Following the conclusion of the constitutional case involving his appointment, Suri said Prime Minister Matthew Wale offered him the position of Attorney-General.
He said he initially told Wale that he would need at least three months to sell or transition his private practice before taking up the Government position.
However, Suri said the Prime Minister told him that the Government needed his immediate engagement.
Suri said he was not prepared to take up the position immediately unless the Government was prepared to compensate him for severance and the loss of business associated with leaving his private practice.
“I am still waiting for my compensation payment,” Suri told the Island Sun.
Suri also said he did not accept the general terms and conditions contained in the relevant regulations, which led to negotiations and the eventual execution of an employment contract.
He said the contract was negotiated based on his professional qualifications and more than 30 years of experience in legal practice, including his previous experience as Attorney-General.
Suri confirmed that his gross salary under the contract is $35,000 per fortnight.
However, he said the amount he actually receives is substantially reduced by deductions.
“About $12,000 is deducted from my $35,000 salary every fortnight,” Suri said.
He also pointed to the different treatment of Members of Parliament under the law, noting that MPs are exempt from paying tax.
According to Suri, his contract runs from May 23, 2026, to December 31, 2028, unless terminated earlier.
The remuneration arrangement has come under public scrutiny following Sogavare’s call for the Government to explain its legal and administrative basis.
While the Opposition is demanding transparency and disclosure, Suri maintains that his remuneration was negotiated as part of his contractual appointment after he agreed to leave private legal practice.
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BY DOUGLAS VAHIA
Fr Manasseh Maelanga has rejected reports that his motion of no-confidence (MoNC) against Prime Minister Matthew Wale is a reaction to the investigations into major national scandals which GREAT government is pursuing.
In a statement issued by the Opposition Press Secretary this evening, Mr Maelanga said he ‘supports independent investigations into the 33 West Rennell bauxite shipments, Pacific Games expenditure, the Economic Stimulus Package and any other matters being examined by the relevant authorities’.
“These investigations must continue independently and without political interference, regardless of the Motion or its outcome.
“The Motion should not hinder, delay or influence the work of any investigating authority,” Maelanga said.
He said the reasons for the MoNC are clearly outlined in the notice submitted to Parliament – concerns over unilateral decisions on matters of national importance without proper Cabinet consultation or approval, and concerns over collective Cabinet responsibility, representative democracy and good governance.
“The Motion is about confidence in the Prime Minister’s leadership. The investigations are separate matters and should be allowed to proceed according to law,” Maelanga said.
Earlier Island Sun had reported sources close to the matter saying that the MoNC is the culmination of dissent brewing for weeks within government.
A main part of this dissent was government and opposition MPs who are implicated in the investigations into the Pacific Games 2023, the Economic Stimulus Package (ESP) and the missing 33 bauxite shipments, the sources said.
Outside of this are reasons each MP who support the MoNC has, such as a party official or close associate not being awarded a permanent secretary position.
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BY JOHN HOUANIHAU
Opposition Leader Manasseh Sogavare has warned the Government that failure to properly consult landowners over the proposed Mineral Resources Bill could create an “explosive” situation, urging Prime Minister Matthew Wale to withdraw the Bill from Parliament.
Sogavare made the warning Thursday this week when Gold Ridge landowners met with the Bills and Legislation Committee (BLC) to present their petition calling for the Mineral Resources Bill to be put on hold until wider consultations are conducted.
He backed the landowners’ call, saying the Government should withdraw the Bill, take it back to Cabinet for review and amendments, and only return it to Parliament after proper consultation.
“The process is pretty clear. Any new government coming into place, they should withdraw any Bills that sit in Parliament,” Sogavare said.
“It goes to Cabinet first, amend it, then send the Bill for debate.”
He questioned why the Government was already taking steps that appeared to reflect the intentions of the proposed new legislation while the existing Bill remained before Parliament.
Sogavare pointed to the registration of a company as an example, saying the Government appeared to be acting on the intention of the new Bill even before it had been passed.
“The Government has for example registered a company, it’s looking at the intention of the new Bill which is passing it next year,” he said.
He said the issue reinforced the landowners’ demand that the current Bill be withdrawn rather than pushed through without adequate consultation.
According to Sogavare, recommendations had already called for the withdrawal of the Bill.
“You withdraw the Bill and you come up with a new amendment. Then we will go around for consultations with more people,” he said.
The Opposition Leader also threw his support behind the BLC’s position that the Bill should not proceed until further consultations are carried out.
“That’s the position that the Chair has taken, and I’m loud and clear. We will not proceed with this Bill until it is properly consulted with more people,” Sogavare said.
“You’re preaching to the converted. We are with you in this thing. We’re on the same side of this thing, and we will work together.”
Sogavare warned that continued failure to listen to landowners and other stakeholders could lead to public frustration and confrontation.
“At the end of the day, if the system doesn’t work the way it should work, march on the street, because people don’t hear the talk,” he said.
He called on the Government to use common sense and resolve the issue through consultation.
“I hope common sense will take its course here. Then we may avoid what is clearly going to be a very explosive position, suppose the Government is careless about this,” Sogavare said.
He linked his warning to the country’s experience during the ethnic tensions, saying governments faced serious consequences when they ignored public concerns.
“I’m looking back at the carelessness when it led to the ethnic tension. I was leader of the Opposition when the country collapsed. Because why? The Government did not listen,” he said.
The Gold Ridge landowners’ petition adds to growing calls for greater consultation on the Mineral Resources Bill, particularly over its potential implications for customary landowners and the management of the country’s mineral resources.
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BY JOHN HOUANIHAU
Parliament’s Bills and Legislation Committee (BLC) has told Guadalcanal landowners that proposed amendments to the Mineral Resources Bill would introduce major changes to Solomon Islands’ mining laws.
The explanation was given during a meeting between the BLC and Gold Ridge mining landowners at the Paul Tovua complex on Thursday 27.
Former Attorney General John Muria Jnr told the landowners that the proposed amendments were not ordinary or minor changes to the existing law.
He said the amendments would introduce major changes in five key areas, including State participation in mining, existing mining interests, mining licences, customary land and royalties.
“One of the biggest changes would allow the State to take a minimum 30 percent interest in a mining project after a commercial discovery is made. The State could take more than 30 percent depending on the type of mineral and regulations made under the proposed law,” he said.
Mr Muria said this was a major change from the 2025 version of the Bill, which did not provide for direct State ownership or financial involvement in mining projects.
He also explained that some of the proposed changes could affect mining applications already in the system.
“Under the proposed amendments, applications for feasibility or mining licences that have not been finally decided before the new law comes into force could be affected by the new requirements. This means an applicant could be required to meet the new State participation requirements before receiving a licence,” he said.
He said this could have implications for existing investors and mining projects.
Mr Muria also questioned the establishment of a proposed mineral holding company before the legal provisions creating its role had become law.
“Another major change concerns mining rights,” he said.
He explained that the proposed amendments could allow some mining rights to be renewed repeatedly, potentially allowing an area to remain under mining tenure for a much longer period.
The BLC also told the landowners about proposed changes to alluvial mining, saying the Bill would replace the existing permit system with a licensing system and allow mechanised alluvial mining under certain conditions.
On customary land, applicants would need to be nominated or endorsed by customary landowners through a process prescribed under the law.
The proposed royalty system was also highlighted as an area requiring further clarification, particularly how royalty funds would be controlled, spent, audited and distributed, including the share or entitlements of provinces and customary landowners.
Mr Muria said these matters needed to be properly considered because the proposed amendments would significantly change the current mining framework.
The BLC told the Guadalcanal landowners that their concerns over consultation were important and that the committee supported their call for proper consultation on the proposed Bill.
The committee said it would continue discussions with the landowners and was expected to meet with them again to go through the issues raised next week.
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BY NED GAGAHE
Lack of sufficient collateral remains one of the major barriers preventing small and medium enterprises (SMEs) from accessing higher loan amounts from financial institutions, according to the Central Bank of Solomon Islands (CBSI).
Speaking to the media following the reopening of the SME Credit Guarantee Scheme (SMECGS), CBSI Senior Analyst in the Financial System Development and Payment Department, Junior Faka, said many SMEs struggle to meet banks’ lending requirements because the value of their collateral is often insufficient.
“One of the challenges SMEs face is the issue of collateral security,” Faka said.
He explained that when SMEs seek larger loans, the value and equity of the assets they offer as security may only cover a portion of the amount they want to borrow.
“If the value of the security is low, they may not meet the eligibility requirements for the loan,” he said.
The Government has committed $18 million to the reopened guarantee scheme, which is aimed at helping eligible Micro, Small and Medium Enterprises (MSME) overcome some of the barriers to accessing finance.
The scheme works by reducing the risk to financial institutions when lending to eligible businesses, allowing SMEs to access loans to start or expand their businesses.
He said the current scheme is open to all financial institutions, including DBSI and Credit Corporation, which have been among the most active users.
Faka said the reopening of the scheme also reaffirms the Government’s funding commitment, while also strengthened the administration and policy oversight of the facility.
Under the revised scheme, the maximum period for loan coverage is five years, while the maximum loan amount covered is $300,000.
The guarantee coverage has also been standardised at 90 percent for both male- and female-owned SMEs.
Under the previous scheme, women-owned SMEs received 95 percent coverage compared with 90 percent for male-owned SMEs.
Faka said the higher coverage for women was intended to encourage their participation in the SME sector, which remains relatively low in Solomon Islands.
The new scheme also establishes an oversight committee, while CBSI will continue to administer the facility.
The scheme was officially reopened on Thursday by the Minister for Commerce, Industries, Labour and Immigration, Harry Kuma, who described it as an investment in jobs, growth and livelihoods.
He said the facility would make it easier for intending and existing businesses to obtain financing to purchase equipment and stock, acquire boats, expand farms, shops and services, and employ more workers.
The Government has identified rural enterprises, women and youth entrepreneurs, cooperatives, and businesses outside Honiara as priority areas under the scheme.
Mr Kuma urged banks to actively promote the facility and encouraged MSMEs to prepare their business plans, maintain proper financial records and submit loan applications.
He said the Government would work with CBSI and other stakeholders to remove remaining barriers to MSME finance and monitor the number of loans approved, businesses supported and jobs created.
“The success of SMECGS will not be measured by paperwork. It will be measured by the businesses that grow, the jobs that are created, and the livelihoods that are strengthened in every community across Solomon Islands,” he said.
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