AGP Executive Report
Last update: 6 hours agoLabour Mobility: Solomon Islands and Australia held their first PALM Expo in Honiara, attracting more than 25 Australian employers. Prime Minister Matthew Wale says the scheme supports the economy, while returned workers such as trainer Robert Anita can bring skills home. EP Strawberries plans to increase its Solomon Islands recruitment by 10% to 15%; workers sent about SBD507 million home in 2025. Energy: The new 1-megawatt Munda solar hybrid plant is expected to cut electricity costs for businesses and residents in Munda and Noro, supporting growth in Western Province. Rural Finance: DBSI has launched new loans for blue economy businesses and contractors building climate-resilient infrastructure, alongside plans to expand digital banking for rural communities. Tourism: Nearly half of Pacific operators reported revenue growth, but 44% cited limited air links as their main constraint. Regional tourism leaders in Honiara are calling for better connectivity and investment that benefits local businesses and communities. Development Finance: ADB’s 2026–2030 Pacific strategy puts resilience, infrastructure and private-sector development at the centre of its work with Solomon Islands and 11 other island economies.
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