THE Governor of the Central Bank of Solomon Islands (CBSI) Dr Luke Forau has welcomed the Papua New Guinea owned insurance company ‘Trans Pacific Assurance Limited (TPAL)’ to Solomon Islands. TPAL expanded its operation to the country on Monday with its acquisition of Tower Insurance. At the TPAL launching ceremony held at the Heritage Park…
LEADING Papua New Guinea insurer Trans Pacific Assurance Ltd (Trans Pacific) is pleased to announce that following the securing of all regulatory consents their acquisition of the Tower Insurance business in Solomon Islands was finalized on Monday, 29th January, 2024. Group CEO for Trans Pacific Philip Tolley said “This is a significant achievement for our…
COL reveals approval for Gizo’s Mile 6 logging operation given three years ago, says whatever happens thereafter is a matter for WPG to decide THE forestry plantation located at Mile Six in Gizo, Western Province, has been given the ‘Grant of Profit for Logging’ approval by the Land Board to conduct timber felling and milling…
WORK on the multi-million-dollar seaport terminal complex at Point Cruz, Honiara, is making progress ahead of its grand opening at the end of the year. In a statement last weekend, Solomon Ports released an aerial image of the project since its initial construction early last year. The new complex is located in the Point Cruz…
NOW that the Honiara City Council (HCC) has a new littering ordinance in place, all residents of the city must adjust in complying with the new regulation, the HCC Clerk Justice Denni said. The new HCC littering ordinance which sees in increase in the categories of fines for littering within the jurisdiction of Honiara City…
THE Solomon Islands National University (SINU) has set the graduation ceremony for students who have completed their studies in 2023. This has been confirmed by the university in a press statement. The graduation set for 3 May 2024. “The 2024 SINU Graduation Ceremony is scheduled to be held in May 2024,” the SINU statement said.…
IN a remarkable start to January 2024, the Western Province, particularly Gizo, has experienced a surge in the arrival of international guests. Over the past two weeks, the provincial capital witnessed a significant increase in tourists from around the globe flocking to explore the township, Munda and other renowned tourism destinations in the province. Adding…
PACIFIC Fisheries Ministers have called for consideration and action on fisheries in United Nations Framework on Climate Change Convention Conference of the Parties (COP) meetings as the world’s biggest and healthiest tuna stock faces potential depletion because of climate change. Republic of Marshall Islands’ Minister of Natural Resources and Commerce Hon John Silk, Niue Minister…
AFTER four days of debate and scrutiny, the 11th Parliament yesterday finally passed the 2024 Appropriation Bill 2023 worth more than $4.21 billion. The Bill since Monday was tabled by the Minister of Finance and Treasury Harry Kuma. After the first and second reading, the Bill went through the Committee of Supply with amendment over…
…as MRD signed off initial $3 million under PRC’s new US$10 million partnership program for two community projects IT’S the dawn of a new era for rural development in Solomon Islands as the Ministry of Rural Development (MRD) begun the implementation of its new “Rural Sustainable Development Program” (RSDP) with the signing off of funding…