AN assessment of the Russell Islands Plantation Estates Limited (RIPEL) issue has uncovered serious pitfalls. Cabinet Sub Committee RIPEL Assessor and an accountant by profession, Walter Malau, revealed this to the House of Chiefs, leaders, and representatives of the Russell Islands last week in Honiara. Mr Malau was hired by the Cabinet Sub Committee on…
THE ongoing plan to revitalise the Russell Islands Plantation Estate Limited (RIPEL) is gaining positive outcome as the Government and Russell Islands stakeholders engaged in a two day round-table for re-investment in Russell Island in Honiara. “It is not a riddle anymore not even a puzzle because we understand our problems and we are determine…
PRIME Minister Rick Hou says Solomon Islands is opening its doors to increase investment opportunities. Mr Hou highlighted this during his discussions with other world leaders at the Concordia annual summit held in New York. The 2018 Concordia Annual Summit is a high-level forum that attracts some of the most important world and business leaders,…
The first initial route survey for the proposed Coral Sea Cable System in the country will be conducted between 8th October to 4th December 2018. The survey will be carried out within the inshore waters of Honiara, Tulagi, Noro and Taro Township by a contractor, the Earth Sciences and Surveying, EGS, (Asia) Ltd. The primary…
The Solomon Islands Chamber of Commerce and Industry (SICCI) wishes to announce it has a new Chief Executive Officer (CEO) Elect. She is Ms Atenasi Ata Wasuka. Ms Ata will replace outgoing CEO Mr Dennis Meone who will be leaving the Chamber in December later this year. SICCI Board Chairman, Jay Bartlett made the announcement…
INTERNATIONAL arrivals into the country has reached 14,648 in total for 2018 second quarter making an upturn of 26.4 per cent growth says the National Statistics Office (NSO). Government Statistician, Douglas Kimi, while releasing the figures for the second quarter of this year recently said the increase of 26.4% compared to the 1st quarter 2018,…
WORK on the construction for the new landing stations for the undersea cable that wil run from Sydney Australia to Solomon Islands will commence as of next month. A source close to the project told the paper that Fletcher Kwaimani has won the bid to construct the four landing sites infrastructures in Auki, Honiara, Noro…
Solomon Islands Discovery Cruises and Strongim Bisnis, an Australian aid initiative are partnering to boost cruise tourism in three provinces and provide opportunities for small enterprises along the route to flourish by selling artefacts, food, entertainment and tour guide services to cruise ship passengers. Solomon Islands Discovery Cruises has developed a high end cruise experience…
As the peak body representing private sector, the Solomon Islands Chamber of Commerce and Industry (SICCI) believes the country has so much to offer in terms of business investment. SICCI Chair, Mr Jay Bartlett made the statement at the 2018 Papua New Guinea investment conference which concluded on Tuesday in Brisbane, Australia. SICCI is represented…
BOARD chairman of the Solomon Islands National Provident Fund (SINPF), Peter Boyers has revealed that 7.9% is the interest rate to be paid for the money borrowed by government. According to Mr Boyers, this is the best rate they ever negotiated. He told the Solomon Star last Thursday that 7.9% is the interest rate for…