Bank hopes to see growth

THE Pan-Oceanic Bank Chairman, Upali de Silva, says his company is optimistic about achieving progress based on the overall economic growth projected by the Democratic Coalition for Change (DCC) Government when it launched its policy statement last week. Mr de Silva made the remarks when he and the POB Chief Executive Officer, Nihal Kekulawala made…

BSP plans banking expansion in Makira

The Bank South Pacific (BSP) is opening up another agent in Kirakira, Makira Ulawa Province following complains over the poor service provided by the current agent. This comes as BSP has announced a deal to takeover Westpac’s operation in five countries in the region including Solomon Islands. BSP Country Manager David Anderson said, plans to…

BSP to set up agent in Santa Ana

Bank South Pacific (BSP) will set up another agency in Santa Ana Island, Makira Province soon. This is to stop people of Santa Ana travelling to Kirakira for make cash deposits and withdrawal. The date to unveil this new agency will be announced by the bank management later. The move came following BSP customers on…

Eagon Foundation to be formed

Eagon Pacific Plantation Ltd will establish a new charity organisation called ‘Eagon Foundation.’ This foundation will be set up to administer Eagon’s financial support to organisations and communities in the country. Boyoung Moon, Eagon’s Solomon Islands Managing Director said, the foundation is expected to be established soon. “We decided to form this charity organisation to…

Bmobile/Vodafone continues expansion

Bmobile/Vodafone company is expected to increase its mobile coverage network by April this year once more towers are built around the country as part of the company’s expansion plan. The company’s chief executive officer (CEO) Niall Downey said, they have received 16 firms who have shown their interest to carry out civil works for the…

Fuel price continues to drop

The price of fuel in the country continues to drop since last year thanks to the increasing global oil supply. And this has been a described as welcoming for many businesses and vehicle owners. According to records obtained by the Solomon Star since last November the price of commodities such as kerosene, petrol and diesel…

Gov’t told to focus on job creation

A local prominent businessman says the national government should put its focus on creating job opportunities. The businessman, who asked not to be named, said the increasing incidences of lawlessness were a product of the high unemployment rate in the country. His call came after the Democratic Coalition for Change released its policy statement last…

Temotu to purse trade links with Vanuatu

Temotu Province will continue to pursue the proposed trade link with Vanuatu. That’s according to premier Buddley Soakifono. He said his executive will consult with relevant national government ministry to further pursue the matter. Soakifono said previous executives have by-passed the relevant government ministry as well as the Melanesian Spearhead Group in their pursuit of…

Moves to resolve RIPEL saga

THE Sogavare led government has taken a diplomatic approach to re-solve the long drawn industrial dispute of Russell Islands Plantation Estate Limited (RIPEL) at Yandina. This came after Prime Minister Sogavare sent a delegation to meet with RIPEL general manager, John Whiteside last December to find ways of re-opening the operation. RIPEL management has fully…