DBSI board is independent: PS Finance

THE Development Bank of Solomon Islands (DBSI) Act clearly stipulates the selection process and criteria upon which members of the board of the bank are selected and how loans are processed and approved compared to the previous DBSI. This statement was revealed in a press conference by the Permanent Secretary for the Ministry of Finance…

DBSI to learn from past experiences 

THE first and central on the policy development towards the revitalisation of the Development Bank of Solomon Islands (DBSI) is ensuring that the problem experienced by the previous operation of the bank is not repeated. This was revealed by the Minister of Finance and Treasury Harry Kuma in his opening remarks at the official opening…

YOUR BANK OPENS: PM

Sogavare launches DBSI By ANDREW FANASIA WHILST so much skepticism was echoed in the media leading up to the formation of the bank, Prime Minister Manasseh Sogavare had officially launched the Development Bank of Solomon Islands (DBSI). “My fellow Solomon Islanders, this is your bank,” Sogavare uttered during his official remarks yesterday. Rural communities now…

Molea opens new gas service

BUSINESSMAN Toata Molea Sunday launched his new gas service called DIDDS GAS near his refueling station next to the Bread Bank head office at Kukum. The new cylinder gas bottles, which are all painted in yellow, comprised of two sizes – 4.5KG and 9.0KG. Refueling of the two sized gas cylinders when empty will cost…

‘youSave’ opens new office

A NEW office has been opened for the National Provident Fund’s youSave saving scheme, Monday. It was located on the ground floor of the Anthony Saru Building in Honiara. “This is a milestone achievement for youSave since its inception in 2017,” says Tony Laugwaro, the scheme’s acting manager. youSave is a saving scheme established for…

Date set for first repatriation flight  

THE first repatriation flight into the country to bring home our nationals who are stranded in Australia and Fiji as a result of flight closures due to covid-19 has been confirmed for May 26. Chairman of the Camp Management Sector Committee who is also part of the Government’s Covid-19 Oversight Committee Karl Kuper confirmed this…

Forau: time to refocus

CENTRAL Bank Governor Dr. Luke Forau says there needs to be a refocus in the country’s development strategy and this is now the right to time to do it. He made the state statement in his speech to launch the CBSI 2019 Annual Report, Tuesday. “Perhaps, this is the opportune time ‘to do things differently’…

Virtual consulting lifeline created to help struggling South Pacific tourism operators

BLP joins with SIDE Dive Munda to launch COVID-19 Human Capital Virtual Consulting New Georgia, Solomon Islands – High profile Solomon Islands dive tourism entrepreneur, Belinda Botha has stepped up with a timely and proactive helping hand to offer virtual business coaching advice to struggling South Pacific tourism operators – COVID-19 Human Capital Virtual Consulting.…