Samsung suspends ties with Chinese supplier

SAMSUNG Electronics Co. said it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company, which is the world’s biggest smartphone maker, said in its blog Monday that it had found possible evidence of child labour and illegal hiring at Dongguan Shinyang Electronics Co. Samsung said last week it…

NPF urged to go electronic

The National Provident Fund (NFP) has been urged to introduce electronic prints on the cards of its members. The Honiara City Councilor for Vavaea Ridge Ward in Central Honiara, Jonathan Zama said the NPF which is Solomon Islands’ richest investor with over $600 million in its suspended account should turn to modern technology in its…

ANZ wins global award for Pacific mobile app

ANZ has won the global award for Best Digital Channels Strategy under the prestigious 2014 Retail Banker International Awards in recognition of its mobile phone banking application tailored for the Pacific markets. ANZ goMoney Pacific was launched in Papua New Guinea, Solomon Islands and Samoa in 2013, and in Vanuatu earlier this year to provide…

Nauru Air Corporation announces ‘Nauru Airlines’

Since 2006, Nauru Air Corporation has been trading as Our Airline and promoting co-operation amongst neighbouring countries to improve airline services in the region. The strategy has seen a number of new aviation initiatives and partnerships developed over the years since 2006 that have provided new services, linked new destinations and delivered more affordable travel…

Petrol colour to change: InterOil

INTEROIL will introduce red dye into its petrol product apart from the current purple colour starting next month. The company said: “The main reason is adoption of common colour that is widely used around the world. The colour coding product is primary for easy identification and safety reasons.” In a paid advertisement InterOil said it…

Vodafone confident in bmobile

Vodafone is very confident in bmobile’ s ability going forward to get more market share in both Papua New Guinea (PNG) and the Solomon islands. A statement from the two partners – Bmobile/Vodafone said this is the main reason that they have signed the agreement as the potential in both countries is huge. “The vote…

Flexible screens

LG has announced the release of two new paper-thin TV panels, with one that is so flexible it can be rolled into a 3cm diameter tube. The company stated it is confident it will produce a 60in (152cm) Ultra HD rollable TV by 2017. LG unveiled one of its first flexible TVs at CES —…

Pan Oceanic Bank launched last Friday

Solomon Islands now has its own bank; starting from the board of management to all its decisions are made locally. Pan Oceanic Bank (POB) has been carefully structured, understanding the actual banking and financial needs of the country, its people and businesses to realise the full economic potential. In a statement Pan Oceanic Bank Ltd…

Westpac launches 18th In- store banking

WESTPAC bank has officially launched its 18th In-store banking at the Lord Howe Settlement near China town in Honiara yesterday. The new facility is located at the Trade Transformation shop. Speaking to mark the launching, Westpac general manager (GM) Pinto Kutila said the In-store banking is a stepping stone to cover every corner in country.…

China company wants to revitalise fish factory

A Chinese company has shown keen interest to revitalise the rundown National Fisheries Development (NFD) base in Tulagi, Central province. This came after a high level business delegation from Beijing, held talks with the Premier of Central Island province over the weekend. The delegation also visited the factory site on Saturday after the talks with…