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VAT is Coming: Businesses Told to Get Ready

By Georgina Maka’a After three decades of discussion, Solomon Islands has formally begun public consultations on a long-awaited tax reform, including the introduction of a broad-based Value Added Tax (VAT) that the Government says will reshape how the country raises revenue. Finance Minister Gordon Darcy Lilo officially opened the first…

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RISE Forest Carbon Policy Project launches in Solomon Islands

A new forest carbon policy project, RISE, has launched in Solomon Islands to support stronger policies, safeguards and community leadership in the country’s emerging carbon market. RISE stands for Rights, Integrity, Safeguards and Equity in carbon markets. The project aims to promote best-practice policies and regulations for community-owned forest carbon…

EconomyNewsPolitics

GREAT Opens Tax Reform Plan to Public

The GREAT Coalition today released its Draft Formal Tax Policy Work Programme 2026–2028, inviting taxpayers, businesses and the wider public to have their say on the future direction of Solomon Islands’ tax system. The draft programme sets out the Government’s proposed tax policy and legislative priorities for the next two…

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PM Wale Calls on PNG, Solomons to ‘Turn Melanesian Ties Into Investment’

Prime Minister Matthew Wale has urged Papua New Guinea and Solomon Islands to turn their long-standing Melanesian ties into a “structured, bankable economic partnership.” Wale made the call today as he officially opened the inaugural PNG–Solomon Islands Investment Conference in Honiara. Held under the theme “From Opportunity to Investment: Building…

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Houenipwela’s China Mission: New Push For Trade, Technology and Development

Foreign Affairs and External Trade Minister Rick Houenipwela has begun his first official visit to China, with discussions focusing on expanding cooperation in agriculture, education, technology, skills development and renewable energy. Houenipwela commenced the visit on Friday, 10 July 2026, with his first stop in Jiangsu Province – the sister…

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Prosperity must reach every village’: Wale sets out economic vision in Independence Day address

By Georgina Maka’a Prime Minister promises lower power costs, support for local businesses, and an economy that works for all Solomon Islanders Prime Minister Matthew Wale used this morning’s 48th Independence Day celebrations in Honiara to deliver a clear message economic growth that only benefits the capital is not enough.…

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