CENTRAL Bank of Solomon Islands (CBSI) says investing the country’s gold bars in Hong Kong (HK) is important because of its closeness to buyers. The bank was responding to questions raised by Malaita Ma’asina Forum (MMF) as to why CBSI has recently deposited the seven gold bars in Hong Kong (HK) and not in the…
ECONOMIST and former University of the South Pacific academic Professor Biman Prasad is the National Federation Party’s new leader. Prof Prasad was elected to lead the country’s oldest political party at the party’s AGM at the Nadi Sangam College last week. In his maiden speech, the vocal economist called on the Prime Minister, Rear Admiral…
ABOUT 30 middle level managers, team leaders and potential managers from the region completed a two-week training organised by the Fiji Revenue and Customs Authority and the Papua New Guinea Inland Revenue Commission on Friday. The third Pacific Managers Development Program (PMDP) training is a specialised course on project management. “The program is aimed at…
There is a structural shift in terms of infrastructure from centrally diesel generation to renewable energy, says Asian Development Bank senior Pacific energy specialist Anthony Maxwell. During the ADB Pacific Business Media Summit in Sydney, Australia, last week, Mr Maxwell said many parts of the world were focusing on renewable energy by providing government subsidies…
MELANESIAN countries continue to battle the issue of energy access and connectivity to electricity power. Speaking at the Asian Development Bank Pacific Business Media Summit last week in Sydney, Australia, Pacific energy specialist Anthony Maxwell said access rates for countries such as PNG, Solomon Islands and Vanuatu ranged from 12 per cent to 25 per…
DEVELOPING professionalism in the region’s media sector is one of the main objectives of the Pacific Islands News Association, says PINA president Moses Stevens. Despite the many challenges faced by the organisation, Mr Stevens said this level of professionalism would empower Pacific Island people to share their own stories to the world. He was speaking…
A PEOPLE’S Alliance Party led Government will review the country’s Investment Act so national entrepreneurs can be protected from unfair competition posed by rich investors. The decision to review the Investment Act was agreed on at the party’s recent executive meeting in Honiara. PAP Media Officer, George Atkin reports the meeting heard how the Investment…
STAFF of the Commonwealth Youth Programme (CYP) Pacific Centre in Honiara, were farewelled Thursday, as the office comes to its closure. THE Ministry of Women, Youth, and Children Affairs organised the farewell ceremony. The ministry’s director of youth Edward Anisitolo commended the CYP staff for their service to the organisation during its operations here. He…
WOMEN participation in business in the region has been under-reported, a media seminar in Sydney was told this week. Speaking in a panel made up of three female journalists,Makareta Komai, PACNEWS editor, highlighted that the issue of women empowerment in the business sector had been given low media attention and coverage by the regional media.…
THE New Zealand government will help to fund the construction of the Susubona wharf in Isabel province this year. According to information released by the Asian Development Bank (ADB), which was obtained by the Solomon Star in Sydney this week the grant finance will come from the government of New Zealand. However, the funds for…