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…

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…