AGP Executive Report
Last update: 9 hours agoFinance: The Central Bank has established a credit-reporting system to help lenders assess borrowers and widen access to financial services. Labour Mobility: The Government is targeting 5,000 overseas placements a year under PALM; workers sent home an estimated SBD507 million in remittances in 2024–25. Rural Agriculture: A copra and cocoa storage and buying centre has been handed to the Kaevanga Community Development Association in Isabel, backed by SBD750,000 for facilities, working capital and farmer support. Mining: A Solomon Islands team has studied Papua New Guinea’s mineral rules, gold refining and processing as Honiara prepares to strengthen its own sector framework. Gold Ridge landowners are also looking to diversify income through government bonds and other investments. Local Processing: Kokonut Pacific Solomon Islands has received a new chocolate-processing machine to boost local cocoa value-addition and exports. Shipping: Fuel costs are squeezing operators, while the MV Awka stranding of 73 people has renewed calls for stronger vessel maintenance and safety checks.
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