New boss for Our Telekom Auki

Our Telekom announces a new branch manager for its Auki branch, Malaita province over the weekend. He is Paul Elo, a Fiji national from Rotuma island. Mr. Elo who takes over the duty as the new branch manager back in July this year was formally announced during Our Telekom latest business update night held at…

Our Telekom is 100% locally owned

Our Telekom is a 100 percent locally owned company. The company’s sales manager Robert Sizetu revealed this to Our Telekom stakeholders in Auki, Malaita province over the weekend. Mr. Szetu who believes that investing in a locally owned company is the way forward for Solomon islands. “Investing with Our Telekom is the right thing because…

Korean engineers here for Tina Hydro planning

A LARGE team of technical experts from Kwater Corporation and Hyundai Engineering (HEC) is now in the country to progress engineering planning for the Tina Hydro Project. Kwater and HEC are the developers selected by Solomon Islands Government from an international tender process held in 2015. A statement from the Tina Hydro Office in Honiara…

Israeli expertise transfer skills to locals

The budding business community in Solomon Islands have again benefitted from Israeli business experts in a series of workshops undertaken in Honiara in the last couple of weeks. A team of Israeli experts arrived in the country at the end of July and have carried out a number of skills transfer workshops in Honiara targeting…

Gold Ridge to restart within 18 months

AXF Gold Ridge Pty Ltd of Australia says it has secured additional investor funding to start the immediate recommissioning of the Gold Ridge Mine Project. “This investment will see mine production on track to start within 18 months,” a statement issued by the company on Wednesday stated. “In an unprecedented partnership arrangement, Gold Ridge Community…

Modernised taxation system to transform the tax and payment landscape in SI

Honiara, Solomon Islands – The Solomon Islands Inland Revenue Division (IRD) announced plans to modernize the Government’s Revenue Management System, vastly transforming the tax and payment landscape in the Solomon Islands. As a direct outcome of this modernization project, an estimated 123,800 wage and salary employees, 200 corporate taxpayers and 3,684 small businesses will be…

Be aware of fake banknotes

There is a notable increase of fake or counterfeit banknotes currently circulating within the country. The Central Bank of Solomon Islands (CBSI) has warned on Wednesday. In a statement, bank has once again advised the public to take heed of the illegal activity. CBSI advices the public to be mindful of these latest counterfeits. There…

CBSI confirms newest bank set to roll

THE country’s newest commercial bank BRED Bank Solomon Islands Limited is set to commence operation. This came after the bank was finally issued with its  authorization letter to start banking business in the country. The Central of Solomon Islands (CBSI) in a statement on Wednesday announced that BRED Bank Solomon was issued with the final…