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…
CONCERNS Citizens group, Forum Solomon Islands International (FSII) has praised Our Telekom’s continuous roll out program to the country’s rural communities. FSII in a statement said it applauds Our Telekom for taking the lead to connecting our rural communities to the world. “Today you can get connected to the outside world through your finger…
The Solomon Island chamber of commerce and industry (SICC) is planning to conduct more provincial visits to every business sectors throughout the country this year. SICCI chief executive officer (CEO) Jerry Tengemoana revealed this following a successful visit to the Western province last week. Mr Tengemoana said the aim is to meet and discuss with…
The Enhanced Integrated Framework (EIF), a multi-donor programme which supports the Least Developed Countries (LDCs) in addressing supply side constraints, continues to be an important mechanism for Solomon Islands to boost economic growth through trade and should be maintained in the future. This was reaffirmed by the Solomon Islands Minister for Foreign Affairs and External…
A team from the Solomon Island chamber of commerce and industry (SICCI) recently visited Western province as part of its provincial business outreach program. SICCI chief executive officer (CEO) Jerry Tegemoana described the visit as successful and comprehensive. During the tour they visited Munda, Noro and Gizo where they met with provincial government officials and…
TOURIST arrivals into the Pacific have been steady. Aspects of globalisation, such as the proliferation of a competitive airline industry and the ability to compare resorts, destinations and countries have driven down costs, making travel cheaper and helping discover new treasures in the ocean. Data is sparse across the region, however the World Bank estimates…
The Central Bank of Solomon Islands (CBSI) is hosting the first ever forum on mobile and branchless banking in the Solomon Islands to gauge the current trend of these new forms of banking services in the country. The forum is being chaired by the Governor of CBSI Mr. Denton Rarawa, and includes the participation of…
PNA – The Parties to the Nauru Agreement (PNA) closed its annual officials meeting Friday after discussing ways to control tuna supply and therefore increase economic returns to Pacific countries. The PNA meeting opened with presentations from key industry players in tuna in the Pacific region. Phil Roberts of TriMarine International underlined the need for…
RNZI: A judge in Papua New Guinea says asylum seekers on Manus Island are living in a cobbled-together detention centre, amid heavy security and in a very tense atmosphere, RNZI reports. Justice David Cannings and a court-appointed party visited the facility on Tuesday morning as part of an inquiry into whether asylum seekers’ basic human…