AGP Executive Report
Last update: 4 minutes agoPacific Summit Politics: The 55th Pacific Islands Forum in Palau is already roiled by absences and China–Taiwan tensions, with Solomon Islands PM Matthew Wale leaving early for a no-confidence crisis and other leaders also skipping or sending deputies. China–Taiwan Pressure: China warned of “consequences” after Taiwan’s foreign minister attended the opening, while Australia’s PM Anthony Albanese said the forum decides participation, not Beijing. Honiara Business Finance: SICCI welcomed the government’s relaunch of the Small and Medium Enterprises Credit Guarantee Scheme, saying it can unlock bank lending for local MSMEs. Energy Costs Focus: Solomon Islands met the World Bank on energy security, fuel prices and lowering electricity costs, including plans for more solar/hydro and possible fuel storage. Rural Health Electrification (Malaita): UNICEF and partners handed over solar power to seven rural health facilities in Malaita, improving maternal and child care and emergency services. Honiara City Land Administration: CAUSE II held a valuation workshop to support Honiara property revaluation under the Integrated Land Information System. Central Bank Watch: CBSI kept its policy rate at 1.5% but downgraded 2026 growth to 3.0%, citing higher fuel costs and weather disruptions. Training & Skills: Australia’s RSIPF joint Coastwatchers exercise brings 31 ADF personnel for policing and small-boat training across Honiara and provinces.
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