The newly registered commercial bank Pan Oceanic Bank (POB) will officially unveil its doors in the country mid-May this year. That was the assurance by Nihal Kekulawala POB’s chief executive officer (CEO) during an interview with the local media at Heritage Park Hotel yesterday. Mr Kekulawala who is currently in the country said the bank…
More than twenty (20) local people have been recruited to take up several positions within Pan Oceanic Bank (POB) when it kicks off operation in May. This was revealed by POB chief executive officer (CEO) Nihal Kekulawala yesterday. Mr Kekulawala who in the country said more than 20 people and eight (8) expatriates will be…
HONIARA City Council (HCC) heads of divisions (HOD) yesterday supports FSII’s call for more education and awareness programs in Honiara communities and schools targeting attitude problems. FSII management yesterday made a presentation about two initiatives it plans to implement in the Honiara City within the next three months once given the green light from responsible…
The construction of a permanent complex to place a new portable milling machine for the Vangunu palm oil is nearing completion.The complex is being constructed by local firm, Pijin Holding company which is also responsible of ordering the portable machine from overseas. The machine will be based at Merusu. Pijin Holding workers have been hired…
About 45 outgrowers in Kolombangara, Western province have benefited from their teak plantation after being sold overseas. Community Relations Manager Mayson Nesa who has master minded the selling of teak thinning on behalf of communities on Kolombangara Island was so proud in giving out cheques to about 45 farmers. This is third time round for…
Acknowledging the interest shown by New Zealand businesses in what Solomon Islands has to over the past few years, Solomon Islands Prime Minister Gordon Darcy Lilo invited Kiwis to forge partnerships with Solomon Islanders through investment, commerce and enterprise. Mr Lilo was speaking to members of the New Zealand Business Council in Auckland last week,…
The Western provincial finance minister will this morning table the 2014 Western provincial estimated development budget. Reports from Gizo yesterday said Lester Huckle Saomasi will table the budget to be debated on the floor by members of the provincial government. Yesterday the Western provincial government opened its full assembly meeting yesterday. At the official opening…
The Western provincial government yesterday opens its 2014 full executive assembly meeting in Gizo, Western province. The full assembly which is being held at Chacha conference room is expected to run throughout the week. Reports said some prominent leaders from the Gizo business houses and non-government organisations have been invited to be part of the…
PACIFIC governments have an important role to play in complementing traditional systems with social protection schemes such as the old age pensions and disability payments, says a report launched by the World Bank in Suva last week. The regional report, titled “Hardship and Vulnerability in the Pacific Island Countries”, was launched at USP and supported…
THE Credit Corporation (PNG) Ltd has reported a K85.20 million operating profit for last year, up K4.66 million from the previous year’s K80.54 million. The consolidated results for the year ended December 31, 2013 were released last week by Garth Mcllwain, chairman of the board. Total assets posted was K1.042 billion at year end, up…