Auki plaza deal yet to be signed

The Malaita Provincial Government (MPG) and the Solomon Island National Provident Fund (SINPF) are yet to sign the SBD3.5 million deal that will see SINPF taking over Auki Plaza. Last week the Malaita Provincial Premier Peter Ramohia told the Solomon Star in Auki the $3.5 million deal is expected to be signed anytime this week…

Kids fly free on Air Kiribati international

Air Kiribati CEO, Mr. Tarataake Teannaki, has announced that Air Kiribati has launched its new fare promotion “Kids Fly Free” on its international air services to Funafuti and Honiara. The promotion allows a paying adult to have one child between the ages of 2 and 11 to accompany them free of charge (taxes are applicable)…

$3.5M PLAZA DEAL

SINPF to purchase Auki plaza By BIRA’AU WILSON SAENIIn Auki  THE Solomon Islands National Provident Fund (SINPF) will soon own the controversial Auki Plaza, in Malaita province for SBD3.5 million, following an auction deal. This was confirmed to the Solomon Star, by the Premier of Malaita province, Peter Ramohia. Yesterday, the premier and the SINPF…

40 years on: a private sector perspective

THE Solomon Islands Chamber of Commerce and Industry (SICCI) has congratulated the people and Government of Solomon Islands on the occasion of the country’s 40th Independence Anniversary on 7th July 2018. As the peak body representing the private sector in Solomon Islands, SICCI acknowledged the positive and tremendous changes that have occurred in the economy…

SICCI calls for action

GOVERNMENT together with the private sector and other development stakeholders must work in partnership to support inclusive forms of growth in this country. Speaking during the Prime Minister’s Breakfast held at the Heritage Park Hotel yesterday morning, Solomon Islands Chamber of Commerce and Industry (SICCI) chair Jay Bartlett’s said the country’s demographics continue to demand…

BANK’s $70M INVESTMENT

BRED invests $70m since 2017 By LESLEY SANGA   BRED Bank (SI) Limited has so far invested SBD$70 million in the local economy since its establishment in Honiara, Solomon Islands, August 2017. Prime Minister Rick Hou made the revelation over the weekend, in the official opening of the bank in the country. The bank’s interim…

New look bus stop for Rove

Rove’s debilitated bus stop in west Honiara has been given a new look – thanks to Bank South Pacific (BSP). Taking three weekends of their family time, BSP’s Point Cruz and Ranadi branch staff gave the bus stop the much needed renovation and upgrade. Early this month, they completed the task and handed the Rove…

Financial education for schools important

The governor of the Central Bank of Solomon Islands (CBSI) Denton Rarawa says that work to include financial education within the curriculum is now progressing. Rarawa highlighted this during the 42 anniversary celebration of the CBSI organised in Honiara last week. “One of the financial inclusion objectives is to integrated financial education into the curriculum,…

BRED Bank opens

Prime Minister Rick Hou on Saturday officially launched the operations of the country’s fourth commercial bank, BRED Bank. BRED Bank expanded its operations into the country since last year. “I am pleased that BRED Bank has ticked all the boxes and met our entire licensing requirement,” Hou said. He added BRED has worked tirelessly to…

Our Telekom to reduce workforce

Staff plan to protest By ANDREW FANASIA Staff of Our Telekom are planning to stage a sit-in protest this week following the company’s move to undertake a redundancy exercise. Sources within Telekom revealed the plan after the nation’s biggest telecommunications firm told its workers around 100 employees will be affected. “The management does not want…