Economic business reporting training kicks off

ABOUT 15 journalists from around the region are undertaking a workshop to boost their skills in business and economics reporting in Apia, Samoa. The participants came from Fiji, Kiribati, Papua New Guinea (PNG), Tonga, Solomon Islands and Samoa. Jemima Garret from the Australian news network is facilitating the training starting yesterday at the National University…

Work to set up National Payments System starts: CBSI

As part of its financial deepening and payment services reform agenda, CBSI recognised the need for an efficient national payments system that can cater for both high value and retail payments; using the electronic platform. Under Sections 26 and 27 of the CBSI Act 2012, the Central Bank is given the power to provide facilities,…

Gov’t domestic securities borrowing fall in 2013

THE Government’s domestic securities borrowings fell in 2013 as the government service its debts according to the CBSI 2013 report. The report stated that the government’s (SIG) domestic debt outstanding at the end of the year was $205.2 million, a reduction of $34.4 million compared to $239.6 million in December 2012. The domestic debt outstanding…

Premier Beu Commends NCRA

TEMOTU premier Fr Brown Beu has commended the national government for its commitment to developing his province. He uttered this at his province’s second appointed celebration at provincial capital Lata, yesterday. “I sincerely wish to acknowledge the national government for its positive presence in our province through the number of non-devolved functions carried out by…

WOMAN: BOBONGI BOUGHT ME A CAR

A WOMAN yesterday told the High Court former Central Bank employee Philip Bobongi bought her a car. She was giving evidence during the trial of Bobongi, who was charged with 38 counts of money laundering and two counts of larceny & embezzlement. Bobongi was accused of stealing more than $1.7 million of muted notes from…

Fear of kina appreciation

LAST week, we discussed about fear of devaluation of Fiji dollar. This week our focus is on the fear of appreciation of Papua New Guinea (PNG)’s currency, the kina. Under a fixed exchange rate regime, the Fiji dollar can be up-valued or devalued only by central bank.  PNG has a floating exchange rate regime under…

The art of living – sharing

DEAR EDITOR – Beauty is in the eye of the beholder. I wonder if happiness too is in the heart of its beholder.  If a person is asked to define happiness probably the best he could say or do is find a synonym of this particular word. Happiness is not a verb to be defined;…

Culture of Silence

DEAR EDITOR – “Silence is golden” so the saying goes. How true that is, is farfetched to prove. But this is a good virtue to embrace. Unfortunately it will be naive to ascribe to such a virtue if you are a leader of some sort in the society or community in which you live or…

Malaita Star Magazine to be launched in Auki next week

MALAITA will be the first province in the country to have its very own magazine when it is officially launched next week. The Malaita Star magazine, a product of leading newspaper company the Solomon Star will on the 19th of this month launch this product which features news, features articles and business advertisements from the…

MINITI PLANS MINI WORLD CUP

A call to all Primary School sports masters and teachers in and around Honiara has been made to discuss plans to stage a Mini World Cup to coincide with the main world event. There will be a meeting for all the interested primary schools and soccer school of excellence to attend. Patrick Miniti said the…