The Central Bank of Solomon Islands’ (CBSI) has clarified recent media statements regarding the applications of the Pacific Alliance Bank Ltd (PAB) and the Pan Oceanic Bank (POB). In a statement issued on Monday the CBSI said it wishes to disassociate itself from any comments. “First CBSI disassociates itself from comments made that may imply…
THE National Trade Development Council (NTDC) on Friday held its first quarterly meeting for 2014 at the Kairos conference centre. The NTDC, which meets on a quarterly basis, is a senior level forum for decision making and coordination of trade development policy in Solomon Islands including trade policy formulation and trade mainstreaming into national development…
THE Melanesian Spearhead Group High Level Representative, Ambassador Kaliopate Tavola said indigenous business in Melanesia serve as important conduits in economically empowering its citizens as well as creating wealth and redistributing wealth and national benefits. Ambassador Tavola was a key note speaker at the inaugural Fiji Indigenous Business Council Symposium recently held at Holiday Inn,…
The Western provincial government will be funding three new fisheries centre this year. The approval was made at this week’s full assembly meeting in Gizo by the current Western provincial government. The meeting which kicked off on Tuesday was officially opened by the premier Robert Pye Kuve at the Chacha conference room. Speaking to the…
The Western provincial government on Wednesday passed its 2014 -2015 recurrent and estimate development budget worth $29 million. The budget was passed during the first day of the 2014 Western provincial full assembly meeting in Gizo. In an exclusive interview with the Western provincial finance minister Lester Saomasi Huckel yesterday who tabled the Bill, he…
The country’s newly registered commercial bank – Pan Oceanic Bank (POB) has secured the service of a top information technology (IT) company in Sri Lanka to provide IT work for the bank here. In a statement on Thursday the bank said Softlogic Information Technologies is one of the premier ICT companies in Sri Lanka and…
The Western provincial government (WPG) has acknowledged all shipping operators serving the province and honestly paying their business fee. Western provincial finance minister Lester Maomasi Huckel highlighted this during the 2014 full assembly meeting in Gizo this week. He said Western as a province with many islands depend on the shipping services. “The support from…
The newly registered commercial bank Pan Oceanic Bank (POB) is proposing more awareness prior to its official opening here. The bank’s chief executive officer (CEO) Nihal Kekulawala in a press conference said the bank has been going through many awareness talks with business houses but is proposing more awareness to people and organisation before its…
Western provincial government (WPG) will rehabilitate the current Melanesian Spearhead Group (MSG) complex located near the Gizo wharf into a provincial meeting complex. This was revealed by the Western provincial finance minister Lester Saomasi Huckel in an interview with Solomon Star on Thursday. Mr Huckel said currently a tender is being made to allow a…
The Western provincial government yesterday issued a warning to Lauru shipping company (LSC) to settle its outstanding business fee or services to some ports in the province will be suspended. Western provincial finance minister Lester Saomasi Huckel issued the notice after Lauru shipping failed to sort out its long overdue business shipping licence fee. Lauru…