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…

Operator urges authorities to remove wreckage

The owner of the Roderick Bay Beach Accommodation in Florida Island Central province is urging responsible authorities to immediately remove the World Discoverer wreckage that causes environmental treats to people residing near the wreckage. The cruise boat ran aground during a visit to the area few years ago. Director of Roderick Bay Beach accommodation Patrick…

Operators warned

Central Island Governments is unhappy with some of the tourism operators who are using some of the local resources to organise tourists for their guests without acknowledging the landowners through some money. Premier Stanley Manetiva in an interview with the Solomon Star on Sunday at Roderick Bay Hideaway said a number of operators have disrespected…

Fund plans to diversify investment

BECAUSE of various pressing factors that will negatively affect returns to the Solomon Islands National Provident Fund (SINPF) members, plans to diversify investments are in the pipeline. Chairman of SINPF Baoro Laxton Koraua said although the fund currently have a high level of cash holding both in local and offshore banks, there’s still little return…

Green Tourism’s holiday package to be launched

The Green Tourism Solomon Island Ltd (GRTSI) will officially launch a holiday package to Florida Island next month. The holiday package will be unveiled on July 15 and will end on October 15 as trial in the local market. Green Tourism managing director Michael Tokuru revealed this during an operators meeting held at the Roderick…