PM welcomes Chinese investors 

Prime Minister (PM) Manasseh Sogavare has stated he welcome chinese investors to the Solomon Islands.  During his official visit to Beijing, the PM met with various Chinese inventors such as China Railway Group and Bright Foods Limited.  The PM acknowledged the rich natural resources of the Solomon Islands and stated that the country has a…

Bred Bank opens Saturdays for loans processing

BRED Bank Solomon will open its doors tomorrow to allow customers to process personal & home loan applications and open news accounts. Chief Executive Officer (CEO) Owen Thomson yesterday confirmed that there will be no other banking services provided on that day except for the two loans applications. “We are opening on Saturday morning from…

New air service agreements with Turkey, UAE 

THE Solomon Islands Government has signed historical air service agreements with the governments of the United Arab Emirates (UAE) and Turkey, the Prime Minister’s Office said. Minister of Communication & Aviation Peter Shanel Agovaka signed the agreements recently which now open up the opportunity for both countries and their designated carriers to formalise services between…

NPF invites more to join youSave scheme 

SOLOMON Islands National provident Fund (SINPF) is encouraging members of the public to join its “youSave scheme”.   General Manager Mike Wate made the call when releasing the Fund’s financial and operational performance report for the year ending 30th June 2019.   He said the informal sector pension scheme youSave continues to expand with 9,871 members registered…

Axiom sues Tovosia and mining board

AXIOM Mining Limited (AML) says it has initiated legal proceedings at the High Court over the government’s handling of its export permit application. General Manager Dr Phil Tagini said they’ve filed a claim for judicial review against the decision of the Minerals Board, as well as a misfeasance claim against the Minister of Mines Bradley…

Kuma commends NPF

THE Minister for Finance and Treasury Harry Kuma says the Solomon Islands National Provident Fund (SINPF) has done a lot in terms of its financial and operational performance for the year ending 30th June 2019. Mr Kuma made the acknowledgment on Monday when speaking at the official announcement of the 2019 financial year crediting rate award.…

8.5% for NPF members

THE Solomon Islands National Provident Fund (SINPF) on Monday awarded an 8.5 per cent interest rate for its members for the 2019 financial years.  SINPF deputy board chairman Dr Aaron Oritaimae said the 8.5 per cent interest rate represents $225.8 million, which would be paid out to members as of Monday.  “Adjusting for the expected annual inflation…

More locals graduate from APTC 

A TOTAL of 78 students studying under Australia Pacific Technical Coalition (APTC) have graduated on Wednesday during a ceremony in Honiara. The event marked the successfully completion of their studies. Most of the studies have been studying for months and years in 15 different technical and vocational courses offered by APTC. The annual ceremony was held…

Importance of tourism in SI highlighted

THE Australian High Commission Counsellor for Economic Andrew Scholoeffel says tourism is a really an important sector to the development of Solomon Islands. Mr Scholoeffel made the statement during the recent launch of the Tourism Trail by the Strongem Bisnis together with the Ministry of Culture and Tourism on Tuesday. He said the Australian High…