BY NED GAGAHE

The Australian Government reaffirms its commitment to strengthen the accounting profession in Solomon Islands through its continuous support for the Professional Diploma in Accounting (PDA) programme.

Australia’s Acting Deputy High Commissioner Emily Flahive, in her remarks at the Institute of Solomon Islands Accountant’s (ISIA) annual congress on Thursday, August 21, 2025 shared the highlights of the program on the country’s professional and public service sectors.

She said to date, 116 scholarships have been funded, primarily benefiting public service employees, enabling them to improve financial management and professional standards within their ministries.

Ms Flahive mentioned that ministries that participated in the programme have reported positive outcomes, demonstrating the diploma’s effectiveness in building capacity and strengthening governance.

She added that 30 percent of students are currently on the phase of completing the programme and this has been instrumental in enhancing government auditing and accounting capabilities.

Ms Flahive also announced that the Australian Government will fund scholarships for the next cohort of the PDA and encourages interested participants to contact ISIA coordinators for further information.

“The PDA is not just a training programme—it is a vital step in supporting the growth of a skilled and professional accounting workforce in the Solomon Islands,” she said.

The Acting Deputy High Commissioner said the continued investment reflects Australia’s broader partnership with the Solomon Islands in fostering sustainable economic growth, professional development, and enhanced public financial management.

“I am delighted to announce that scholarships will again be funded for the next cohort. Interested participants are encouraged to contact the ISIA coordinators,” she said.

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BY NED GAGAHE

Eighty-seven participants from the public service and private sector attended the second Institute of Solomon Islands Accountants (ISIA) Annual Congress, which commenced on Thursday, August 21, 2025 at Heritage Park Hotel and will continue today.

The theme for the two-day congress is “Shaping the Solomon Islands Financial and Economic Future Landscape – Relevance of the Accounting Profession,” and it brings together accounting professionals, policymakers, and industry leaders for discussions, strategic insights, and networking opportunities.

Minister for Finance and Treasury, (MoFT) Harry Kuma, graced the opening ceremony as the keynote speaker.

In his address, he warmly acknowledged government dignitaries, statutory bodies, corporate leaders, and members of the wider accounting community.

Minister Kuma commended the Institute for its progress in elevating the profession and for hosting a landmark event.

“Your unwavering dedication to professional excellence and capacity building is commendable. Hosting such a landmark event reflects visionary leadership, collaboration, and innovation,” he said.

Highlighting the pivotal role of accountants, Minister Kuma said the profession remains a key partner with government in building sustainable economic growth and resilient communities.

He linked accountants’ work directly to the national budget theme of “Accelerating Economic Transformation,” which focuses on innovation, inclusive growth, high-impact investment, and strong governance.

The minister also outlined national priorities, including boosting productivity, expanding connectivity, strengthening service delivery, and building resilience against shocks and disasters, emphasizing that these require practical collaboration across sectors.

The congress also carries special significance with the launch of the inaugural ISIA Accounting Awards, set to be presented tonight during the Gala Dinner.

The awards will celebrate excellence and innovation across the profession, recognising individuals who are making transformative contributions to the field.

The first day of this programme featured keynote addresses, interactive panel discussions on emerging industry trends, and sessions designed to equip professionals with cutting-edge tools, strategies, and insights.

The Gala Night promises to be a highlight, offering an evening of inspiration and celebration as leaders in the accounting profession are honoured for their achievements.

The congress continues today.

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BY CHRIS ALEX

The Chinese Embassy in Honiara, in collaboration with the Ministry of Environment, Climate Change, Disaster Management, and Meteorology, (MECDM) alongside Ever Exceed Solomon Islands Company Limited, has signed an Agreement of Cooperation for a Mini Solar Power Project that aims to provide sustainable energy solutions to remote communities across the country.

The signing ceremony, held on Thursday, August 21, 2025 marks the beginning of a significant initiative that underscores the strong and growing partnership between China and Solomon Islands.

China’s Ambassador to Solomon Islands, His Excellency, Cai Weiming emphasised the project’s importance in advancing the bilateral cooperation between the two nations, particularly in the field of energy solutions.

“This initiative is a tangible outcome of the continued commitment between China and the Solomon Islands, which was further reinforced during Prime Minister Manele’s visit to China last year,” Weiming said.

During that visit, Chinese President Xi Jinping highlighted the critical importance of deepening collaboration in infrastructure, climate change response, and sustainable development.

Under the terms of the agreement, the Chinese Embassy will provide solar power equipment to 25 constituencies across the Solomon Islands, focusing on remote areas where access to electricity remains limited.

The ambassador said this is just the beginning.

“Next year, we will expand the solar power initiative to the remaining 25 constituencies, ensuring that all 50 constituencies nationwide will benefit from this project, fostering energy independence and sustainability for every corner of the country,” he said.

Looking forward, Weiming expressed confidence in the future trajectory of China-Solomon Islands relations, highlighting that the partnership, based on the one-China principle, will continue to thrive and deepen in the coming years.

“Together, we will build a brighter, cleaner, and more prosperous future for both our peoples,” he said.

Polycarp Paea, Minister for Environment, conveyed the Solomon Islands government’s deep appreciation for China’s support.

“On behalf of the government and the people of Solomon Islands, I sincerely acknowledge the People’s Republic of China (PRC), China for its generous support.

“This partnership reflects a deep spirit of cooperation and friendship that continues to light the way toward shared progress and sustainable development,” Paea said.

The solar power systems will provide 5-kilowatt setups to power essential services such as health facilities, schools, community halls, and constituency offices. The project is expected to transform the daily lives of people living in remote constituencies, where electricity access remains a luxury.

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BY CHRIS ALEX

Polycarp Paea, Minister for Environment, Climate Change, Disaster Management, and Meteorology, (MECDM) stressed on one of the country’s major rural challenges – access to energy.

He spoke about this at the signing of solar projects for 25 constituencies at the Chinese embassy on Thursday, August 21, 2025.

Paea said the occasion marks the official handover of the first 25 upgraded 5-kilowatt solar systems to the first 25 selected members of parliament, and it represents far more than just the transfer of solar technology.

“It signifies the transfer of hope, opportunity, and resilience to our rural communities,” he said.

The minister emphasised on the significant challenges the country faces in expanding reliable and affordable energy access, especially in rural areas.

“Over 70 percent of our population still lives in rural regions where access to the national grid is either limited or completely absent.

“This leaves many communities reliant on expensive diesel generators, which not only burden families and businesses but also contributes to the broader environmental challenges we face, including rising greenhouse gas emissions,” he said.

With climate change exacerbating vulnerabilities, including rising sea levels, stronger cyclones, and unpredictable weather patterns, Paea stressed on the necessity of renewable energy.

“In the context of our country’s vulnerability to climate change, renewable energy is not a choice, it is a necessity for both sustainable development and climate resilience,” he said.

The solar projects is set to provide 5-kilowatt solar systems to power health facilities, schools, community halls, and constituency offices.

It aims to change the lives of people in the remote rural areas where access to electricity isn’t the usual norm.

Paea also pointed out that the systems will reduce the Solomon Islands’ reliance on fossil fuels and contribute to the nation’s climate action goals.

“This initiative not only supports local communities but also contributes to our commitment to the Paris Agreement, specifically our target to reduce greenhouse gas emissions by 30 percent by 2030,” he added.

Acknowledging the partnership with China, the minister expressed heartfelt gratitude to the People’s Republic of China (PRC), China for its financial support in making the project possible.

“On behalf of the government and the people of Solomon Islands, I sincerely acknowledge the People’s Republic of China (PRC), China for its generous support,” Paea said.

The minister voiced that the initiative is much more than simply powering buildings.

“For the ministers and members of parliament who will receive these systems today, this is not just about powering offices or buildings. It’s about empowering your constituencies with clean, reliable energy that will improve education, enhance health services, strengthen livelihoods, and bring communities together in safety and dignity,” he said.

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BY NED GAGAHE

Johnson Lobo, President of Institute of Solomon Islands Accountants (ISIA) says the accounting profession in the Solomon Islands must rapidly evolve to keep pace with global economic and technological changes.

Speaking at the 2025 ISIA Annual Congress at Heritage Park Hotel, on Thursday, August 21, 2025, he highlighted the powerful forces reshaping the financial landscape, including advancements in artificial intelligence (AI), geopolitical shifts, and climate change.

Lobo said these forces are not distant as we are seeing them here at home.

All the more, he added that businesses increasingly, rely on technology over manual labour, face rising financial pressures, and contend with insecurity in global supply chains.

“As seen in our own economy, and likewise, in many overseas countries, business practices and processes are changing rapidly, with the advancement of technology such as Al, increased usage of technology over manual labour to get work done, increased external financial pressures, global supply chain insecurity, etc.” Lobo said.

He stressed that these changes demand new knowledge and skills from professionals and decision-makers, both locally and internationally.

Henceforth, Lobo said accountants must learn quickly and apply innovative approaches to remain relevant and effective in this rapidly changing environment.

The two-day congress, held under the theme “Shaping the Solomon Islands Future Economic and Financial Landscape – Relevance of the Accounting Profession,” brought together 87 participants from the public and private sectors as well as regional and international experts.

Lobo emphasized that the Institute of Solomon Islands Accountants (ISIA) is taking strategic steps to modernize the profession, positioning it as a forward-looking and internationally reflective body.

He said the goal is to ensure that accountants contribute meaningfully to the long-term sustainability of the Solomon Islands’ economy and social wellbeing.

The congress featured interactive panels, keynote speeches, and sessions that aim to equip accountants with the knowledge and tools needed to navigate the evolving economic landscape.

Photo: Australian High Commission

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Report launched on SBD5billion-worth 515 projects across every province under Australia-SI infrastructure cooperation

BY MORRIS NAFU

A report on the 515 projects delivered across Solomon Islands by Australia worth over SBD$5 billion has been launched.

Minister for National Planning and Development Coordination, Rexon Ramofafia and Australia’s Deputy High Commissioner Andrew Schloeffel co-launched the report during the Pacific Infrastructure Conference 2025 in Brisbane.

According to a statement by the Australian High Commission on Thursday. August 21, 2025, the report “Building Together – five years of infrastructure partnership between Solomon Islands and Australia” provides a snapshot of the 515 projects delivered across Solomon Islands’ nine provinces, totalling over SBD5 billion, with the majority delivered by local firms and local workers, creating local jobs.

Mr Ramofafia said the Solomon Islands-Australia infrastructure partnership sets a high standard within the Pacific, with strong local procurement and skilled jobs for local workers, quality, climate resilience, and infrastructure linked to economic impact.

“Good infrastructure relies on trusted partnerships, developing our private sector and aligning with our priorities, and that is the story of this report,” Ramofafia said.

Australian High Commissioner His Excellency Rod Hilton said the reportrecognises the value of Australia’s long-term approach, focusing on projects with social and economic impact, creating local jobs, and supporting local companies to deliver more Australian-funded projects at a high quality.

He said the report demonstrates there is more to infrastructure than building roads, bridges, schools or ports.

“While hard infrastructure is important, how we deliver the infrastructure is the real challenge – and that means building climate resilience, working with the government and private sector to design, deliver and maintain a better standard of infrastructure that serves communities and enables them to grow and prosper,” Mr Hilton said.

Recent research has shown Australia’s approach to localising procurement and local workforces means every aid dollar invested by the people of Australia results in $2.50 of local economic benefit, the statement said.

In attendance at the launch were Solomon Islands ministerial delegation, including the Minister of Infrastructure Development (MID), Minister of Rural Development, (MRD) Minister of Mines, Energy and Rural Electrification, (MME&RE) and Minister of Traditional Governance, Peace and Ecclesiastical Affairs, (MTGPEA) together with representatives from Solomon Islands and international contractors.

MID Minister Ricky Fuo’o acknowledged Australia as a long-time supporter of infrastructure in Solomon Islands, and their commitment to localise infrastructure delivery using local contractors and suppliers.

On this note, he expressed that the report features many Solomon Islands companies who are here today hence Australia should be congratulated for its efforts.

“We want infrastructure to be high quality, resilient and easily operated and maintained using local suppliers.

“The newly passed National Building Code, a 30-year effort, now offers us with uniform standards to guide better infrastructure development in the future,” Minister Fuo’o said.

Photo: Australian High Commission (AHC)

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BY CHRIS ALEX

The launch of Agri-Business Incubation (ABI) Centre marks a collaborative milestone between the Ministry of Commerce, Industry, Labour and Immigration, (MCILI) Ministry of Agriculture  and Livestock, (MAL) and the Food and Agriculture Organisation (FAO).

MAL Minister, Trevor Hedley Mahaga, officially launched the Agri-Business Incubation (ABI) Centre at IBS Hotel on Wednesday, August 20, 2025.

The initiative is seen as a strategic response to the country’s pressing employment challenges particularly among youth, with urban youth unemployment currently estimated at 38%.

Mahaga said the initiative is more than a launch as it is also a symbol that Solomon Islands is not standing still.

“We are turning promises into projects, and policies into progress,” he said.

The ABI Centre aims to foster innovation and entrepreneurship in agriculture by targeting micro, small and medium enterprises (MSMEs), especially those led by young people and women.

The project has set an ambitious goal of supporting the development of at least 90 agribusinesses over the next three years, providing them with critical training, mentorship, and access to finance.

The Centre will offer services such as; business diagnostics, compliance and advisory support, climate adaptation guidance, and access to a dedicated business information hub.

It will also facilitate MSME forums, networking events, and entrepreneurship competitions, with successful business pitches receiving recognition and support through the ABI Technical Advisory Committee.

Mahaga said the centre embodies their commitment to nurturing sustainable and inclusive agricultural businesses.

He stressed that it will serve as a coordination hub for government agencies, NGOs, financial institutions and development partners working together to support agricultural innovation.

In an effort to ensure inclusivity, the ABI program will extend its reach to provinces such as Malaita, Western Province, and other provinces to ensure that rural communities are not left behind.

Mahaga expressed gratitude to all development partners and stakeholders involved, and voiced strong confidence in the program’s potential.

“Let us work together to unlock the full potential of Solomon Islands’ agriculture sector. This is the future we are building. One that is sustainable, inclusive, and full of opportunity,” he said.

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