Landowners praised for offering their land

A member of the Solomon Island Visitors Bureau (SIVB) board of directors has praised the Kobuana landowners on Bonavesta, Central Island province for willingly offering their land to the government to build an airstrip. George Satu who is also the director of aviation thanked them for availing their land for airport development. “This is what…

Mining company to upgrade road in Rennell

The Indonesian mining firm Bintang Borneo would upgraded the road links between Tingoa to Lake Tegano on East Rennell once they kick off their initial operations. Premier of Renbel province Lence Tangosia revealed this to Solomon Star in an interview yesterday. Mr Tangosia said the mining company has agreed to upgrade the road during a…

Mining supports airstrip’ extension

Indonesian mining firm Bintang Borneo will financially assist Renbel provincial government with the extension of the Tingoa airstrip runway. Renbel province premier Lence Tangosian revealed this to Solomon Star yesterday. Mr Tango who led the mining delegation to Rennell Island and held talks with the landowners last week said the company agreed to assist the…

Telikom PNG announces acquisition of Datec

Telikom PNG Limited has announced its acquisition of Datec PNG Limited yesterday, subject to regulatory approvals. Datec is a leading internet service provider and one of PNG’s largest ICT system integrators.  Chairman of Telikom Mahesh Patel, when making the announcement, said the acquisition of Datec is very important for Telikom as it embarks on restructuring…

Banking partnership signed

The Bank of Papua New Guinea (PNG), Nationwide Micro Bank and K1 Association have signed partnership agreements confirming a commitment to deliver financial education training to a further 61,000 people in Papua New Guinea (PNG). Benny Popoitai, Deputy Governor of the Bank of PNG and Chairman of the Steering Committee of the Microfinance Expansion Project…

Concept in infant stages: ANZ

Finance  is a key input into sustainable economic growth, says a quarterly report from the ANZ Bank. In its Asia Pacific Economics Pacific Quarterly publication, the bank said the process of developing broader and more liquid banks, institutions and markets to finance growth was known as financial deepening.  “At its core, this involves opening up…

Tourists commend local hospitality

A New Zealand couple currently sailing through the country have commended local indigenous Solomon Islanders for their hospitality and communication skills. Michael and Julie, sailed through our waters from Temotu province and now are in Central province. They have their own trade business in New Zealand. But after retiring they decided to sell   the business…

Koraua back as SICCI chair, new vice elected

Daltron country manager Tony Koraua has retained his seat as the chairman of the Solomon Islands Chamber of Commerce & Industry (SICCI) board. This is for the 4th consecutive year since his first election to the top post in 2011. He was re-elected a recent extra-ordinary meeting held at Club HP last Thursday. Mr Koraua…

Central plans to re-open Anuha airport

Central Island province plans to reopen Anuha airstrip in the Florida islands, Central province to boost air-links and the flow of tourist into the province. Deputy premier of the province Charles Bisa revealed this to the Solomon Star last week during a meeting with Green Tourism Solomon Island Ltd officials at Taupuipui Island Resort. Mr…

BSP posts K436m profit

Bank South Pacific Limited has announced a net profit of K436.8 million (US$153.9 million) for the 2013 financial year, with a final dividend of 66 toea per share to be paid to shareholders. This was announced by the bank’s group chairman Kostas Constantinou last Friday.  Constantinou said 2013 has been a successful one for the…