CBSI board approves new complaints process here

THE board of the Central Bank of Solomon Islands (CBSI) has approved a new guideline that will see the establishment of a complaints management process between commercial banks and their clients. CBSI announced the approval of Prudential Guideline No. 9: Complaints Management, yesterday. It said following a 45-day implementation period, the new guideline will come…

Tuna, a lucrative resource

THE tuna industry remains one of the most lucrative markets in the world, given its demand in the world market. This was highlighted early this week at the two days media training on tuna reporting organised by Parties to the Nauru Agreement (PNA) in association with Pew environment group. Because of the lucrative tuna market…

Policy brings changes to Soltuna

THE development of a long-line fishery policy in 2012 has brought about some positive and significant changes to Soltuna Limited. This was highlighted early this week by Philip Roberts managing director Tri-Marine International based in Singapore. Mr Roberts was a guest speaker at the two days media training held at Novotel hotel in Lami, Suva,…

Training to boost road maintenance

A ROAD Engineer from Nepal Guna Rey Niraula conducts a one-week labour based road maintenance training for road contractors in Malaita this week in Buma, West kwara’ae. The training is vital as it gives road contractors proper knowledge which can boost their skills in road construction. Mr Guna said the training is useful for contractors…

Westpac launches 19th in-store bank

“This is bringing banking to people,” Fishing village chief Robert Satu said when Westpac launched their 19th in-store bank at the Fishing Village area. Mr Satu said Westpac’s 19th Instore bank at the Fisheries Market is now going to make his banking easier. The communities at the Fisheries Market in Honiara, can now access Westpac…

POB is a licensed bank: CBSI

THE Central Bank of Solomon Islands (CBSI) has clarified a report from Peterson Boso in an article questioning the credibility of Pan Oceanic Bank Limited (POB) on Tuesdays’ issue (No.5595) of the Solomon Star. In a statement, CBSI said while respecting the rights of the public to express their views in the media, CBSI will…

Local pays off MV Kosco

LOCAL businessman and former board member of the Solomon Island Visitors Bureau (SIVB) Mockson Aaron is now the sole owner of MV Kosco. Mr Aaron paid off MV Kosco with $5.5M from its previous owners. Mr Aaron, who operates the Gizo Water Front Restaurant, said he decided to buy the boat because of the travelling…

ADB to rebuild damaged infrastructures

THE Asian Development Bank (ADB) has approved a US$15.58 million project to help the Solomon Islands rebuild transport infrastructure damaged by recent flash floods. The assistance, drawn from ADB’s Disaster Response Facility, will help fund construction of new infrastructure designed to be more resilient against future disasters and other climate threats. ADB’s financing is $13.22…

Moves to access Vodafone labour markets

The recently established Bmobile/Vodafone partnership has offered opportunity which the companies are keen to utilise which can allow the national staff members to have access to other Vodafone labor markets. In a statement yesterday Bmobile/Vodafone chief executive officer (CEO) Niall Downey said Bmobile over the coming months will be developing a training program for local…