AGP Executive Report
Last update: 2 hours agoLabour Mobility: The Government aims to grow the PALM workforce to 5,000 a year, building on an estimated SBD507 million in worker remittances last year. An expo in Honiara from 19–23 October will bring 25 Australian employers together with Solomon Islands officials to strengthen recruitment partnerships. Local Processing: Kokonut Pacific Solomon Islands has received a UK-funded chocolate-processing machine to lift cocoa production and support exports, benefiting a network of more than 1,000 farmers. Energy and Freight Costs: Rising fuel prices are squeezing manufacturers, shipping operators and Solomon Power, where fuel now accounts for 67% of operating costs. SolTuna uses about 430,000 litres monthly, adding pressure to its export business. Maritime Safety: All 73 passengers and crew from the disabled MV Awka were rescued, renewing calls for better inter-island transport and emergency response. Mining Policy: A government team has studied Papua New Guinea’s mineral sector as Solomon Islands prepares to strengthen its own legislation, with a focus on processing and retaining more value locally. Fisheries Outlook: A strong El Niño is expected to shift tuna grounds and fishing activity across the region into 2027, posing risks for fisheries management and island economies.
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