Solomon Islands is a vibrant place to do business and offers emerging opportunities for Australian investors. Australia’s Senior Trade Commissioner to PNG and Solomon Islands, Mr David Knapton, formed this positive view during a four-day visit to Honiara last week.
Discussions are underway for the Solomon Oceanic Cable Company (SOCC) to commence laying its undersea cable. Chair of the Solomon Islands National Provident Fund Board Peter Boyers confirmed during the announcement of a 10 percent crediting rate for SINPF members recently.
The termination of the Memorandum of Understanding (MOU) between the National Government and Skyline Investment Group is melody to the ear of the Parliamentary Opposition Group.
The South Pacific Oil has paid out of its 2015 profit a dividend of more than $53 million to the Solomon Islands National Provident Fund (SINPF). The South Pacific Oil (SPO) Limited says, 2015 was the most profitable year after nine years of its commercial operation.
Temotu Provincial Government has condemned the recent arrangement between the Ministry of Mines and Energy and Landowners of Nende Island, allowing an Australian Mining Company, AU Capital Mining Ltd to mine the island.
The Gold Ridge Community Investment Limited (GCIL) has started the de-watering process to drain the Tailings Storage Facility (TSF) at Gold Ridge amid new concerns the dam will burst. A group of stakeholders were invited to the dam today to witness the beginning of the process.
The Central Bank of Solomon Islands (CBSI) has released another crucial policy guideline on investments, focusing more on the operations of the Solomon Islands National Provident Fund (SINPF).
The Office of the Prime Minister has terminated a Memorandum Of Understanding (MOU) signed between the Solomon Islands Government and the Nazar Group of Companies and Nazar Gold (SI) Ltd.
A Malaysian bulk fuel consortium is keen on partnering with local business entities to deliver cheaper, consistent and accessible fuel and gas to the provinces.
Prime Minster Manasseh Sogavare has successfully launched the locally-owned fuel depot, ‘Didao Refueling Station’ in east Honiara today. In his keynote speech at the launch, Mr. Sogavare acknowledged the fine achievement of Didao Refueling Station Management and its partners.
Canadian International Training and Education Corp (CITREC) Chairman Ashwant Dwivedi will be visiting Solomon Islands next week to advance talks and an action plan on Canada’s Labour Mobility Arrangement with the Guadalcanal Province.
The Governor-General, His Excellency Sir Frank Ofagioro Kabui has encouraged all Solomon Islanders to allow their lands for investment. His Excellency Kabui made the statement during his 2016 New Year Address. Sir Kabui says, investment cannot hang in the air.
The Solomon Islands National Provident Fund (SINPF) now has a new website. Launched last Friday, the site fulfils the NPF Board’s emphasis on effectively using Information Technology to improve Member’s and Employer services.
Australian Indigenous leader and prominent businessman, Mr Warren Mundine has met with Prime Minister Manasseh Sogavare to discuss opportunities for growth in Solomon Islands.
Private sector investment in agriculture requires having in place an environment that is conducive. Minister of Agriculture and Livestock Duddley Kopu made the statement in parliament today.
The Parliamentary Opposition has accused the Office of the Prime Minister and Cabinet (OPMC) of misleading people in this nation in trying to defend Skyline Investment Group Company.
The Parliamentary Opposition today calls for investigation, arrest and deportation of Skyline Investment Group Director Mr Jason Liu Tao if he is found guilty. This follows a recent media report that Mr Tao has owed Heritage Park Hotel more than $87,000 hotel bills with one of his associates.
The Parliamentary Opposition has strongly urged the Prime Minister and his Government to immediately cease all arrangements with the Skyline Investment Group Company.
The Central Bank of Solomon Islands (CBSI) has rescinded the conditional approval it gave to BSP to acquire Westpac Banking Corporation Solomon Islands. CBSI confirmed to SIBC News it made the decision on May 29th this year.
Ninety percent of investments made by the National Provident Fund are invested in the country while only 10 percent were offshore, says NPF Board Member Gideon Zoloveke.
