News – Business

Pacific SOE commercialisation can support decarbonisation, climate change mitigation — ADB Report

COMMERCIALISATION is an important tool in the arsenal of Pacific state-owned utilities as they seek to decarbonise and mitigate climate change-related risks, according to a new Asian Development Bank (ADB) report. Finding Balance 2023: Benchmarking Performance and Building Climate Resilience in Pacific State-Owned Enterprises compares the performance of state-owned enterprises (SOEs) in nine Pacific island…

Govt commits to USD 170M creating more job opportunities

The Government, through the Permanent Secretary of the Ministry of Finance and Treasury, McKinnie Dentana and Permanent Secretary of the Ministry of Infrastructure Development, Stephen Maesiola today signed a Maritime Component of the Land and Marine Connectivity Project or LMCP  with the international contractor, China Civil Engineering Construction Corporation or CCECC. This will see the…

ADB visits new USP campus in SI

THE Asian Development Bank (ADB) on Wednesday led a media tour of the almost complete, expanded campus of the University of the South Pacific in Honiara which will provide students better access to higher education. Funded by a $15.4 million concessional loan and a grant of $1.5 million from the ADB-administered Clean Energy Fund, the Higher Education…

Orion leaves SI today after spending six days

THE cruise ship, National Geographic Orion, is leaving Solomon Islands for Vanuatu today after spending six days visiting remote places and enjoying the rich cultures of the visited islands. The state-of-the-art 102-passenger vessel arrived in the country on Friday last week in Lata, Temotu Province. It underwent clearance in Lata and travelled onward to Malapu…

H.E Soaki meets EU envoy

Solomon Islands High Commissioner to Papua New Guinea (PNG) has briefly met with the new European Union (EU) Ambassador to PNG last week in Port Moresby. During the meeting, the two officials, His Excellency (H.E) William Soaki and H.E Jacques Fradin shared and discussed issues of common interest between the EU, SI and the region. In…

Telekom to launch mobile money service soon

OUR Telekom will soon launch its mobile money service. This was confirmed by the company’s Information staff last Thursday during an information-sharing session with Honiara’s artisan community. The Our Telekom Information staff briefed the local artisans about the company’s range of new products that could help them market their products online. Amongst the range of…

Recognising Solomon Airlines Women on IWD

Solomon Airlines joins IATA ‘25 by 2025’ initiative to improve female representation in the aviation industry  SOLOMON Airlines marked this year’s International Women’s Day (IWD) by proudly highlighting the diverse achievements of the airline’s female staff. The national carrier invited female representatives from various departments to take part in a public parade in Honiara on…

HCC welcomes security contractors for markets

HONIARA City Council (HCC) Clerk, Justus Denni, has welcomed onboard the Coast Watchers Security & Investigation Services and the West Gate Security Services upon winning the bid to provide security and public order services at Central Market and Kukum Market. Speaking during the signing ceremony on Thursday, Mr Denni thanked the contractors for putting their…

MEDI- A bridge to reconnect with the national gov’t

MALAITA Premier Martin Fini has announced the creation of a body to help coordinate economic development activities on Malaita and to repair past differences between the National Government and the Province. The move to establish the Malaita Economic Development Initiative – MEDI for short – is an intervention to bury the disruptive activities in the…

PM briefed on ‘Opportunities SISCC is pursuing for submarine cable diversity and resilience’

Three years since commercial operations started on 1 February 2019, there has been significant increase in available international and domestic bandwidth capacity and usage. SISCC’s technology and business innovation together with good user experience has made it an attractive provider for domestic and international customers. Its growing traffic capacity cannot be fully offloaded to satellite…