Sisilo: Why PACER-Plus?

THE seventh PACER-Plus Intersessional Meeting started yesterday in Adelaide, South Australia, with a strong reminder, particularly to the senior officials of Australia and New Zealand (ANZ), of the compelling reasons why PACER-Plus was launched. “Above all, we should not forget the reasons why PACER-Plus was launched,” Robert Sisilo, Solomon Islands Trade Negotiations Envoy, reminded the…

Consumer Empowerment and Protection progressing

THE Central Bank (CBSI) said it has started to address consumer protection and empowerment; towards end of 2013. In its 2013 annual report, the bank said a prudential guideline was issued to commercial banks requiring them to disclose all their interest rates, fees and charges and vividly displaying and informing consumers of any changes. “Work…

SIEA improves customer service

THE Solomon Islands Electricity Authority (SIEA) has improved their cash power payment process for customers. Last week, the power provider ensured customers are promptly served by making way for a drive-through payment system at their head office, Ranadi. “Previously, customers have to park their cars in the car park and walk in to pay their…

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…

Telekom urged to improve service

People in Temotu are concern over what they labelled as unreliable network service by Our Telekom in province and they are urging the company to quickly fix its network as soon as possible. Provincial minister of commerce, trade & infrastructure Edwin Meibua in an interview with Solomon Star yesterday said they found it so hard…

Temotuans urged to return

Temotu provincial government (TPG) is appealing to all indigenous Temotuans living in and around the country who have nothing to do to return home and work on their plantations. This came after a new company from USA would start buying copra around the province. Temotu provincial minister of commerce, trade & infrastructure Edwin Meibua said…

Communities acknowledged wharf construction

People in and around Ngasini in Marovo lagoon, Western province have thanked donor partners for funding the deteriorating Ngasini wharf in Vangunu Island. Construction work is currently making progress. The wharf is one of the four wharves and a landing ramp to be improved under the second phase of the domestic maritime support project, which…