The country’s fourth commercial bank Pan Oceanic Bank (POB) is investing US$1 million (SBD$7.3m) in information technology (IT) to ensure its banking services continue to serve and satisfy its customers. Speaking exclusively in an interview with the Solomon Star last week the bank’s chief executive officer (CEO) Nihal Kekulawala said the banking is undertaking a…
A new chapter was rewritten for Ghizo Island communities following the full and unanimous acceptance of a formal association of community leaders on Ghizo Island at the end of a three-day workshop on community governance and traditional structure, held in Bibolo Village, West Ghizo. Coordinated, organized and financed by the Ministry of National Unity Reconciliation…
Asian Development Bank (ADB) Vice-President Bruce Davis together with Palau’s Finance minister and ADB Governor Elbuchel Sadang last week opened a new ADB Development Coordination Office for Palau. “The new office will boost ADB’s responsiveness to the development needs of Palau,” said Davis. “We look forward to continuing our strong working relationship with the government,…
Vanuatu’s government has abandoned a project with a Singapore company to develop an international airport. The plan was introduced by the recently removed Prime Minister, Moana Carcasses, and met with strong opposition from MPs over the unclear terms of the US$350 million contract and the airport’s location. An ad-hoc parliament committee decided the plan’s risks…
Tokelau’s Minister of Energy Foua Toloa once travelled on a canoe from Tonga to Fiji in 1983 just to prove that it could be done in the modern era. Toloa, who is a hulking specimen of a person, said it was during this voyage, which lasted eight days and covered over 8000 kilometres, that he…
At the closing last week of a conference in Cotonou, Benin, ministers, senior Government officials and United Nations representatives called on donor countries to fulfil their commitments and go even further, by allocating at least 50 percent of their overseas development assistance (ODA) and “aid for trade” disbursement, to the world’s least developed countries (LDCs).…
SINGAPORE is a country Papua New Guinea could tap into for trade and investment opportunities, an official says. Commerce, Trade and Industry Minister Richard Maru, during his recent visit to Singapore, urged the National Government to invest in its growing relationship with Singapore. Despite having a diplomatic office in Singapore, he became aware that no…
Local businessman Peterson Boso calls for the removal of CASSI Director because of what he claimed as his inability to handle the Fiji Airways and Solomon Airlines Saga effectively and efficiently. He claims the standoff between the two airlines would have been avoided, had the Director for CASSI, Mr George Satu done his job properly.…
AS Guadalcanal is one of the fastest growing provinces in terms of population, planning is important, Guadalcanal premier Anthony Veke said. Speaking during the province’s commemoration of her second appointed day last Friday, Mr Veke said the province’s population now stands at about 90,000. “As such, the burden now is on the provincial government to…
GUADALCANAL Province has been our economic hub where most of the economic activities and business houses operate. ‘And for most of us, we are fortunate and privileged to call it (Guadalcanal) our home.” Deputy Prime Minister Manasseh Maelanga delivered the remarks during the celebration of Guadalcanal second appointed day last Friday. Mr Maelanga acknowledged the…