Business

CBSI records $199.4 million net profit in 2023

BY NED GAGAHE THE Cental Bank of Solomon Islands (CBSI) has recorded a net operating profit of $199.4 million, reversing the $12.8 million loss incurred in 2022. Governor Dr Luke Forau revealed this during the launching of CBSI’s annual report…

ECONOMY FACES RISKS  

The country’s economy is in a ‘precarious’ position, ‘we must adapt accordingly or risk lagging behind: Dr Forau BY NED GAGAHE The Solomon Islands economy is in a ‘precarious’ position, ‘we must adapt accordingly or risk lagging behind. That’s, according…

First micro insurance product here 

By Indy Maealasia THE country’s first ever Bundled Microinsurance product could just be the answer to providing an affordable financial security for Solomon Islanders.        Insurance Agent, Solinsure is piloting the product that has a total benefit payout of $90,000…

PRICE RISE CONTINUES

By EDDIE OSIFELO THE people in the Solomon Islands are still expected to experience an increase in the prices of goods and fuels. This is despite the Central Bank of Solomon Islands (CBSI’s) expectation of a 3 percent easing of…