AXIOM says it will recommence exploration at its Isabel Nickel Project this week after the Court of Appeal set aside the interim injunction instigated by Sumitomo on 30 September. Shares in the company in the Australian stock market are trading higher on the news. Key points of the decision included: – The interim injunction ordered…
THE Ministry of Finance and Treasury held a briefing session for the media on the Public Financial Management Reform Roadmap, where the purpose of the Mid-Year Budget Review was discussed in depth at an inaugural Media Workshop on the road map on Friday. The Mid-Year Budget Review was released by the Minister for Finance and…
THE nephew of outgoing MP for Fataleka Steve Abana has urged voters in the constituency to vote wisely in the November 19 elections. Billy Abana, who was the first born of Steve Abana’s brother Billy Buga, made the comments, claiming not much development has happened in the constituency in the last eight years. Billy said…
The European Union’s newly-introduced Ambassador to the Solomon Islands and Vanuatu has added another first to his portfolio as he settles into his role, seeing from the inside how regional surveillance over fisheries is being led by the Pacific’s Honiara-based Fisheries Surveillance Centre. As he made his first visit to the regional headquarters of the…
“BUILDING a strong Public Financial Management (PFM) system is everyone’s business,” a top government officer says. Supervising Permanent Secretary for Finance, Elizabeth Kausimae pointed this out at an inaugural media workshop on the new PFM Road Map in Honiara yesterday. She stressed that a robust financial management system will help achieve our collective vision of…
YOUTH at Work has designed a course to help mould the talent of young people and boost their self-esteem. According to the facilitator, June Magasu, youth who don’t make it far in education, but who are assertive always get by and can prosper. This assertiveness is one of the key goals of the training for…
SUVA, (FBC NEWS) – An 18 storey tower for MHCC in downtown Suva will add to the capital’s skyline, it has been confirmed. The Carpenters Fiji Group which owns the building, has been given the green light for the project to proceed. Malaysia based company owner, Sir Mogan Lourdenadin was recently in Fiji, and has…
Finance Minister in the Choiseul provincial government Alfa Kimata, has strongly criticized a newly set up shipping company in the province. In a statement he said Choiseul Provincial Government does not support it nor does it reflect the views under the existing Lauru Shipping Company. The criticism came in the wake of an announcement of…
The South Pacific Tourism Organisation (SPTO) has announced the appointment of Alisi Lutu as the new Marketing Manager to lead SPTO’s marketing initiatives for its 16 member Pacific Island countries. SPTO Chief Executive Ilisoni Vuidreketi said they were pleased to have Alisi Lutu assume this important role after the departure of former Marketing Manager Petero…
SINGAPORE, (WORLD BANK) — Developing countries in East Asia Pacific will see slightly slower economic growth this year, but the pace of growth in the region, excluding China, will pick up next year, as the gradual recovery in high-income economies boosts demand for exports from the region, according to the East Asia Pacific Economic Update…