Koraua back as SICCI chair, new vice elected

Daltron country manager Tony Koraua has retained his seat as the chairman of the Solomon Islands Chamber of Commerce & Industry (SICCI) board. This is for the 4th consecutive year since his first election to the top post in 2011. He was re-elected a recent extra-ordinary meeting held at Club HP last Thursday. Mr Koraua…

Central plans to re-open Anuha airport

Central Island province plans to reopen Anuha airstrip in the Florida islands, Central province to boost air-links and the flow of tourist into the province. Deputy premier of the province Charles Bisa revealed this to the Solomon Star last week during a meeting with Green Tourism Solomon Island Ltd officials at Taupuipui Island Resort. Mr…

Shopping, apartment development for Burns Creek

A new shopping mall with apartment units is expected to be constructed soon at the Burns Creek area, East Honiara. A huge billboard showing details of the new development revealed that more than 140 shopping units and 52 apartments will be featured in this new proposed development. A developer named Capital Park Corp Ltd is…

Govt seeks private developer for Tina River hydro

The Solomon Islands Government is seeking interested private companies to develop and operate the Tina River Hydroelectric Power Project. As part of looking for a suitable privately owned developer an expression of interest through a tender had  been issued by the national government. According to Pacific Periscope, an online newsletter and  blog with trade news…

BSP posts K436m profit

Bank South Pacific Limited has announced a net profit of K436.8 million (US$153.9 million) for the 2013 financial year, with a final dividend of 66 toea per share to be paid to shareholders. This was announced by the bank’s group chairman Kostas Constantinou last Friday.  Constantinou said 2013 has been a successful one for the…

Forum trade ministers meet in Kiribati

The 2014 Forum Trade Ministers Meeting (FTMM) will be held in Tarawa, Kiribati on 28 May 2014. ‘Leveraging Economic Growth Opportunities through Trade Promotion and Facilitation Reforms’ is the theme for this year’s Forum Trade Ministers meeting. “The focus on trade promotion and facilitation initiatives will assist our Members in translating opportunities into real trade…

IFC launches South-to-South solar power project

IFC, a member of the World Bank Group, on Tuesday launched Lighting Papua New Guinea, a project to help half a million people get safe and affordable solar off-grid lighting that will boost business, allow children to study, cut household costs, and help women stay safe on the streets. With IFC’s help, solar manufacturers mainly…

Old-school mobiles making a comeback

THEY fit in a pocket, have batteries that last all week and are almost indestructible: old-school Nokias, Ericssons and Motorolas are making a comeback as consumers tired of fragile and overly-wired smartphones. With no apps, video calls or smiley faces, handsets like the Nokia 3310 or the Motorola StarTec 130 allow just basic text messaging…

PNG poultry rakes in K750 million, free poultry diseases

The poultry industry in Papua New Guinea last year contributed K750 million (US$264 million) to the nations coffers, says Poultry Industry Association President Stanley Leahy. He said the vast majority of Papua New Guineans (more than 80 percent) rely on agriculture and it was great to see the Deputy Opposition leader acknowledging the need to…

Westpac installs horizontal sliding flood plank barrier

WESTPAC Fiji has installed horizontal sliding flood plank barriers at its Nadi branch to protect its property and increase the ability to serve customers during flooding. In a statement on Monday, Westpac Fiji projects manager Bernadette Wakeham said they decided to take precautionary measures and install those floor barriers after experiencing three floods in the…