Central bank defends operations of Pan Oceanic Bank By JOHN AATAI CUSTOMERS of Pan Oceanic Bank (POB) are advised to stay calm amidst claims the bank may be forced to close down soon. The Central Bank of Solomon Islands (CBSI) says the claims, which were made in an email that has been widely circulated, were…
ANUHA Island, known as the Pearl of the Solomons, may spring back to life as the government sets to re-open Anuha airfield in Central Province. After 30 years of negligence after the resort closed in 1988, there is renewed hope as the Government has continued talks with landowners (LOs) of the area. A high-level government…
PRIME Minister Rick Hou has launched a new initiative with Canadian International Training & Education Corp of Canada [CITREC] that will further strengthen the labour mobility relations between Canada and Solomon Islands. This new initiative will introduce eligible Solomon Islands nationals to an expedited stream for Canadian Permanent Residency which comes with permanent jobs into…
The Young Entrepreneurs Council Solomon Islands (YECSI) now has a Board following its first ever Annual General Meeting (AGM) on Wednesday 3rd October 2018 at the Heritage Park Hotel. YECSI members, young entrepreneurs, Government representatives, members of the Solomon Islands Chamber of Commerce and Industry (SICCI), and SICCI staff attended the event to witness the…
LOMLOM airport on Reef Island will soon witness its inaugural flight following its recent test flight on Sunday. The Ministry of Communication and Civil Aviation Permanent Secretary Moses Virovolomo in a short speech at the Lomlom airport said the test flight is just a start but the inaugural flight is yet to be confirmed after…
AN assessment of the Russell Islands Plantation Estates Limited (RIPEL) issue has uncovered serious pitfalls. Cabinet Sub Committee RIPEL Assessor and an accountant by profession, Walter Malau, revealed this to the House of Chiefs, leaders, and representatives of the Russell Islands last week in Honiara. Mr Malau was hired by the Cabinet Sub Committee on…
THE ongoing plan to revitalise the Russell Islands Plantation Estate Limited (RIPEL) is gaining positive outcome as the Government and Russell Islands stakeholders engaged in a two day round-table for re-investment in Russell Island in Honiara. “It is not a riddle anymore not even a puzzle because we understand our problems and we are determine…
PRIME Minister Rick Hou says Solomon Islands is opening its doors to increase investment opportunities. Mr Hou highlighted this during his discussions with other world leaders at the Concordia annual summit held in New York. The 2018 Concordia Annual Summit is a high-level forum that attracts some of the most important world and business leaders,…
The first initial route survey for the proposed Coral Sea Cable System in the country will be conducted between 8th October to 4th December 2018. The survey will be carried out within the inshore waters of Honiara, Tulagi, Noro and Taro Township by a contractor, the Earth Sciences and Surveying, EGS, (Asia) Ltd. The primary…
The Solomon Islands Chamber of Commerce and Industry (SICCI) wishes to announce it has a new Chief Executive Officer (CEO) Elect. She is Ms Atenasi Ata Wasuka. Ms Ata will replace outgoing CEO Mr Dennis Meone who will be leaving the Chamber in December later this year. SICCI Board Chairman, Jay Bartlett made the announcement…