AIM Global is not a pyramid scheme

The Alliance In Motion (AIM) Global administration wishes to respond and clarify to an online news article which appeared via the Solomon Times website after a person claiming to be a former AIM Global ‘investor’ alleged that Aim Global is a pyramid scheme. But in response AIM Global in-country Administration Office, Solomon Islands Coach Ms…

NFP’s bank granted license

THE Solomon Islands National Provident Fund (SINPF) owned Solomon Finance Limited (SFL) has been granted a credit license from the Central Bank of Solomon Islands. Chairman of the SINPF Board, Dr Jimmie Rodgers announced the granting of the license in a statement on Monday. He said “I am pleased to take this opportunity to formally…

Telekom appoints first female CEO

The Chairman of the Board of Solomon Telekom Company Limited Mr. Baoro Laxton Koraua, formally announces the appointment of Mrs. Christina Lasaqa as the Chief Executive Officer of Our Telekom. Solomon Telekom Company Limited has confirmed the appointment of Mrs. Christina Lasaqa as its new Chief Executive Officer. Mrs. Lasaqa, a Solomon Islands national from…

Plans to restructure WPIC

The newly appointed government led by Christian Mesepitu plans to restructure its biggest business arms Western Provincial Investment Co-operation (WPIC). In his statement of the Motion of Sine Die on Wednesday Premier Mesepitu said one of the long-standing continuous issues faced by successive governments over the years is that of the WPIC and its structure.…

Malaita Bank endorsed

The Malaita Provincial Government is taking the idea of having a Malaita Bank seriously. Malaita Bank is one of the agendas endorsed by the Malaita Provincial Government in an extraordinary meeting on Thursday. Premier Daniel Suidani said it is high time that Malaita must establish its own financial institution to depend on. The Premier said…

ESP report to be presented early 2022

The Minister for Ministry of Finance and Treasury (MoF) stated he will bring the full implementation report on the Economic Stimulus Package (ESP) before Parliament in early 2022. Minister Harry Kuma highlighted this in Parliament during the Motion of Sine Die on Wednesday. “At present the monetary program implementation is currently being done and I…