CENTRAL Bank Governor, Denton Rarawa says he was pleased with the outcome of the recent International Monetary Fund (IMF) annual meeting he attended early this month. Mr Rarawa said as part of the Solomon Islands delegation to the meetings, he was pleased with the outcome. “In my view the meeting has been very successful. We…
POST COURIER: Papua New Guinea’s first national channel PNG TV is on the verge of being launched following the successful completion of training for five pioneering local specialists. These five uniquely skilled individuals will be joined by another 30 who will be recruited this week to begin training for the roll out of the new…
BANK South Pacific (BSP) has launched its Branchless Banking (BB) in Auki Malaita Province, on Tuesday. The launching was part of BSP to educate people to have more understanding about their Wantok Moni Functions and also reached out to customers rather than customers coming to the bank. Its purpose is to get its customers acquire…
RNZI: Reports from Vanuatu say an entertainment company with interests in China is to offer a new style of gambling to Vanuatu. The Daily Post Newspaper reports Amax International Holdings plans to offer live-dealer online gambling to high-rollers in the country. Amax is an investment holding company engaged in gambling and entertainment related businesses in…
SPTO: Tourism stakeholders in major tourism source markets from around the world will meet in Singapore to showcase tourism products at the ITB Asia tourism trade show next week. The event which takes place from October 29-31 at the exquisite Marina Bay Sands will convene tourism promotion bodies, tourism operators, agents and airlines that will…
SPTO: The South Pacific as a travel destination will be under the spotlight again, this time in the United Kingdom with five Pacific national tourism representatives travelling to four densely populated British cities. The South Pacific Tourism Organisation, funded by the European Union’sPacific Regional Tourism Capacity Building Project, will be taking representatives from Fiji, Papua…
New Zealand has been traditionally and culturally aligned more closely to Polynesian states than Melanesian countries. The country’s interest in building business ties with Papua New Guinea, the Solomon Islands and Vanuatu is relatively recent when compared to the historic links that Australia has had with Melanesia. In the past couple of years, New Zealand…
THE Governor of Central Bank Denton Rarawa has clarified that Central Bank of Solomon Islands is not an agent of Pan Oceanic Bank to receive its Letters of Credit(LC)but only facilitates to ensure stability in the economy. Speaking during a press conference yesterday Mr Rarawa clarified, that after Westpac Bank closed all logging company accounts,…
The Parliamentary Entitlements Commission (PEC) has elaborated on its decision to reduce the $400,000 terminal grant for 50 members of the now dissolved Ninth Parliament. Members of the Commission decided to reduce the terminal grant to $200,000 because of the following reasons. The recommended $400,000 could impact heavily on the national economy and the government’s…
The new government formed after the November 19 national general election has a huge big taskofweeding out corruption in both the political level and private sector. Former ombudsman and private lawyer John Smith Pitabelama uttered the statement on Monday. He said corruption is becoming endemic in every sectors. There this can only be addressed if…