Proposed purchase of Westpac Corporation’s operations in Solomon Islands by Bank South Pacific of Papua New Guinea has been delayed. Expectations were for all necessary statutory, regulatory and third party approvals to be completed with full transactions, June 2015. BSP early this year announced it had entered into a proposed sales agreement to purchase Westpac’s…
SAMOA OBSERVER – With the paint barely dry on the new signage covering the Westpac brand, the Bank of the South Pacific (BSP) in Samoa has hit a small speed bump, according to customers. A businesswoman has told the Samoa Observer that her newly issued BSP cheque book are not being accepted by the Australia…
MORE than 50 constituents from the three constituencies of Honiara are taking part in a two-day Constituency Development Funds (CDF) assessment workshop starting on Thursday. The workshop is facilitated by the Transparency Solomon Islands (TSI) with financial assistance by the United Nations Democratic Fund (UNDF) and is held at the SIDT conference room, new Chinatown.…
Permanent Secretary (PS) of Forestry & Research Vaeno Vigulu said a training conducted by his Ministry to facilitate United Nations REDD (Reducing Emission from Deforestation and Degradation) project, will help stakeholders develop a National Forest Monitoring System for Solomon Islands. Speaking during the opening of the workshop Mr Vigulu said by the end of the…
THREE tribes in Munda, Western Province have offered 250 meters of their land for the expansion of the eastern end of Munda International Airport. The Iqu, Sasamara and Daga tribes offered 250 meters of land to the government following a high level consultation meeting held in Munda between officials from the Prime Minister Office (PMO),…
The 2015 Youth Market which is currently under way at the Rove Police ground has attracted hundreds of people since it was opened this week. The event has not only attracted youths but people from different age groups as well, due to the many interesting activities and shows organised. The event has been organised to…
THE first issue of a youth magazine has been successfully launched this week. The Youth@Work program as part of the many initiatives to promote youths produces a magazine. The magazine produced by youths themselves focuses on youth issues. Some of the particular topics in the first magazine include youth feature stories, arts and entertainment issues,…
GOVERNMENT has promised to develop sports in the country through the provision of better sports facilities. Prime Minister Manasseh Sogavare made the assurance yesterday while congratulating Team Solomons following their performance so far saying, Solomon Islands’ athletes competing at the South Pacific Games in Papua New Guinea have done the nation proud. In recognition of…
Termite stricken clinic at Naha will soon to open next month, says the Honiara City Council (HCC) assistant Director of Nursing Moses Karuni. Speaking to the Solomon Star yesterday Karuni said, the HCC health authority is aware of the high demand for medical service in Naha area, considering its dense population and distant location from…
Solomon Islands National Provident Fund (SINPF) says that performance of investments can credit member contributions from 2.5% to whatever rate the Fund’s investments can deliver. The Fund’s Deputy Manager Michael Wate made the clarification yesterday following a concern raised by a local man Hendry Kahui. “Where was Hendry Kahui when the credit was 2.7% in…