SPOL pays record dividend By CROFTON UTUKANA NATIONAL Provident Fund (NPF) on Friday received $73 million in dividend from one of its investment portfolios, South Pacific Oil Limited (SPOL). This was an increase of $12 million from the $61 million dividend SPOL paid to NPF in the last financial year. NPF board chairman Peter Boyers…
Permanent Secretary (PS) of the Ministry Agriculture and Livestock (MAL) Jimi Saelea has urged the three recipients of RDP II Component 2 to take care of the brand new vehicles they’ve been given. Mr Saelae stressed this during the handing over ceremony held at the ministry’s head office, Honiara, Tuesday. “I would like on behalf…
Former Minister for Forest and Member of Parliament (MP) for Shortland Islands Christopher Laore says Customs did not capture the much needed revenues from logs exported out of the country. He was speaking during the Public Accounts Committee (PAC) hearing into the 2018 National Budget 2019, when the delegation from Ministry of Finance and Treasury…
WORK to revive and resume the operation of Gold Ridge Mining Ltd in Central Guadalcanal is progressing well. That’s according to Minister for Mines, Energy & Rural Electrification Bradley Tovosia. Mr Tovosia updated parliament on the work to reopen Gold Ridge Mining when he was questioned by Member of Parliament (MP) for Aoke-Langalanga Matthew Wale…
The gradual increase of rhinoceros beetle in some part of Malaita may affect coconut oil producers and copra operators in Malaita province. A prominent coconut crashing mill operator at Buma village in Ward 3, West Kwara’ae, Luke Ramokoloa says he’s worried that the obvious increase of deadly rhinoceros betel is posing a threat to his…
Local businessman’s plea By RONALD TOITO’ONA THE practice of recipients selling materials obtained through their Member of Parliament to non-recipients is now normal in the Shortland Islands, says local Bottle Shop owner Maiko Siru. He told the Star National Magazine during an interview at his busy bottle shop and bar at Korovou, during a…
SINPF defends investment in Heritage Park By CHARLES KADAMANA HERITAGE Park Hotel in Honiara is one of Solomon Islands’ National Provident Fund’s (SINPF) best performing assets. That’s according to SINPF general manager Mike Wate. “Heritage Park Hotel Limited had returned more than 60% of SINPF’s original capital of $28 million for its 10% equity in…
AN estimated $2million was earned from beche-de-mer exports during the open season that closed at the end of January this year. Under Secretary of the Ministry of Fisheries and Marine Resources, Ferral Lasi revealed this to the Solomon Star in an exclusive interview on Wednesday. He said, the beche-de-mer harvest season was open September last…
A UNIQUE South-South exchange meeting between regional, international fisheries and ocean management agencies is currently underway in Honiara at the Forum Fishery Agency (FFA) headquarters. The meeting was held to help explain how the region has been meeting its challenges of managing tuna resources over the past decades and to share knowledge on what lessons…
GOLD Ridge Mining Limited (GRML) has dismissed findings of a research that claims high levels of cyanide were found in sediments downstream of its central Guadalcanal mine. Researcher Dickson Boboria, a Solomon Islander studying for his doctoral degree, claims the situation has put the livelihoods of the Metapona communities at risk. But Gold Ridge last…