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…

New technology for monitoring Pacific Island tuna fisheries

New technology for monitoring catches of vessels fishing in Pacific Island waters is being tested on two large Chinese Taipei flagged tuna longliners. The vessels were fitted with video electronic monitoring systems in early March before fishing in the Solomon Islands EEZ (exclusive economic zone) for a trip of almost 80 days. The electronic monitoring…

NZ business mentors here to assist us

The Pacific Business Mentoring Programme mentors are in Honiara for another week-long training and mentoring to old and new client businesses.  The programme will start this morning and will end Friday 4 July 2014 at the Heritage Park Hotel. The Pacific Business Mentoring Programme, which is funded by the New Zealand Aid Programme, operates in…

Trade expo in fortnight

The trade expo Solomon Islands 2014 will be kicking off in a fortnight at the Bodo Detke show ground along the Mataniko river. The program will run from 6 to 11 July. This will bring the public and business sectors throughout the country to promote some of their products. Chairman of the trade expo Redley…

Westpac SI empowers six females in education

Westpac Solomon Islands on Wednesday announced the names of the six successful applicants of the Westpac Women’s Education Grants. The program offered financial assistance to primary school, high school or secondary college girls and women studying at a tertiary institution or women currently working who wish to return to study.  Westpac has sincerely congratulated the…

Oil palm awareness held at Aola

New Britain Palm Oil Ltd (NBPOL), represented in the Solomon Islands by Guadalcanal Plains Palm Oil Ltd (GPPOL) held another awareness session, this time at Balo village at Aola over the weekend.The purpose of the meeting was to express NBPOL’s interest to expand oil palm further east on Guadalcanal from the current operation on the…

Consent for exploration drilling on Savo Island issued

Geodynamics Limited (ASX:GDY) and its joint venture partner Kentor Energy Pty Ltd, a subsidiary of KGL Resources Ltd (ASX:KGL) are pleased to announce receipt of development consent relating to exploration activities for the Savo Island Geothermal Power Project in the country. The Department of Environment granted the approval following review of the Savo Island Geothermal…

New office complex for Central

Central Island province Monday next week will receive their newly completed provincial complex thanks to the provincial government funding assistance. Acting provincial secretary of the province Hendry Limbo yesterday said the official opening of the office complex would be held on Monday. “This complex has gone through some work and remain for more than 10…

Shipping companies urge to provide reliable provide service

Central Island province is calling shipping operators in Solomon Island to providing shipping services around the province. Central Island province acting provincial secretary Hendy Limbo highlighted this in an interview with the Solomon Star yesterday. Mr Limbo said provincial government noticed people travelling with produce and luggage by our board motor (OBM) from Gela to…