CBSI: Growth consistent with recovery

The country’s current economic growth has been consistent with the progress of its recovery, according to Central Bank of Solomon Islands’(CBSI latest monetary policy. The report stated this consistency falls slightly to the previous prediction made in early March 2015 which was projected at 3.3 percent. Current prediction of economic growth status sits at 3.2…

SIPA to impose rates on seafront owners

Property owners along Honiara’s coastline will soon pay rates to the Solomon Islands Ports Authority (SIPA). The new rates, which are yet to be determined by SIPA’s board, are part of the current reform the state-owned enterprise is implement. “SIPA is the rightful owner of Honiara’s seafront from the low water mark to the high…

CBSI declares monetary policy stance

THE GOVERNOR of Central Bank Denton Rarawa says CBSI monetary policy stance for the next six months will remain accommodative as recent economic developments and near term macro projections remain favourable for supporting growth. The stance came following a Central Bank of Solomon Islands (CBSI) Board of Directors meeting on Thursday. Acknowledging that economic growth…

ANZ announces new brand campaign here

ANZ last week announced a new direction for its advertising in Solomon Islands connected to the bank’s global brand campaign launched in May this year.  The announcement was made last week by ANZ CEO Solomon Islands, Geoffrey Buchanan, at a customer event held to officially open ANZ Solomon Islands’ new head office in Ranadi, Honiara.…

Cab drivers trained on customer service

ABOUT 30 taxi drivers registered under the Henderson International Airport Taxi association have undergone a training as part of improving their customer service to international visitors. For the first time, local tourism business Solomon Host undertook the training. Joyce Konofilia chief executive officer (CEO) of Solomon Host said, the training was requested by the taxi…

ANZ opens new Solomon Islands head office

ANZ on Wednesday opened its new Solomon Islands head office in Ranadi, Honiara, announcing an investment of over AUD$1.5 in the new premises. Speaking at a function held this week to officially open the new office, ANZ CEO Solomon Islands, Geoffrey Buchanan, highlighted ANZ’s ongoing commitment to Solomon Islands. “Our new office represents a significant…

Huge demand for POB’s new product

Pan Oceanic Bank (POB) has experienced an influx of customers  inquiring about the new Lifeline Product for Micro, Small and Medium sized, businesses in Solomon Islands. Since the launching last week the general public have been visiting the POB’s office at the Hyundai Mall and Panatina Plaza. A statement from the bank said, Pan Oceanic…

New deal signed here

THE Central Bank of Solomon Islands (CBSI) and the United Nations Capital Development Fund (UNCDF) signed a partnership agreement yesterday to jointly carry out a range of activities to further enhance, broaden and deepen financial inclusion here. The partnership agreement was signed by Governor Denton Rarawa of the CBSI and Judith Karl, Executive Secretary of…