AGP Executive Report
Last update: 9 hours agoTuna Outlook: A strong El Niño could shift tuna grounds and fishing activity across the Pacific into 2027, threatening a vital export industry; Solomon Islands fishing activity has already fluctuated with changing ocean conditions. Fuel Pressures: Manufacturers and shipping operators are seeking temporary relief as higher fuel costs squeeze investment and push up freight charges. Diesel now accounts for 67% of Solomon Power’s operating costs, while SolTuna uses about 430,000 litres a month and says export competition limits its ability to pass costs on. Agribusiness: UK-funded equipment for Kokonut Pacific Solomon Islands is expected to lift chocolate production and export capacity, supporting a business linked to more than 1,000 rural farmers.
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