AGP Executive Report
Last update: 5 hours agoSecurity & Diplomacy: FSM President David Panuelo has urged Solomon Islands PM Manasseh Sogavare to think hard about long-term risks of a proposed China security deal, warning the Pacific could become an “epicentre” of major-power confrontation. Climate & Finance: PM Matthew Wale will attend pre-COP31 meetings in Fiji and Tuvalu, pushing for loss and damage funding, keeping 1.5°C within reach, and protecting maritime sovereignty. Fisheries Regulation: The beche-de-mer fishery will close from 31 October, with enforcement and compliance steps already underway. Power & Cost of Living: Solomon Power says a new non-fuel electricity tariff framework for 2026–2028 aims to cut charges while maintaining investment in renewables and reliability. Public Finance: CBSI reports government’s operating deficit widened to SBD$37m in August as revenue fell sharply. SINPF & Retirement Savings: SINPF set a 5.5% crediting rate for members (down from 8%), while reporting weaker overall performance tied to revaluation losses; the SINPF Bill is set to return to Parliament. Business & Trade: SICCI confirmed Reeves Envico as a sponsor for the Building and Construction Award at the 9th Business Excellence Awards; SIART invested $8.7m in community pig farming across three provinces.
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