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SOEs

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SOLOMON ISLANDS LEADS THE PACIFIC ON SOE PROFITABILITY — ADB REPORT

Solomon Islands’ robust legal framework for state-owned enterprises (SOEs) has contributed to the financial success of its largest SOEs and generated the highest portfolio returns among nine Pacific island countries, a new Asian Development Bank (ADB) report says.

15 May 2023

Environment
SIPA named finalist again in top Global Awards
Solomon Ports’ ‘Renewable Energy for a Sustainable Community project’ has been nominated as a finalist for the 2022 International Association of Ports and Harbours (IAPH) Sustainability Awards, under the “Community Building” category.
22 Mar 2022
Breaking News
SIBC managers complete Job Instructions training
Department Managers of the National Broadcaster (SIBC) completed a five-day training in Honiara, today. The workshop is based on Job Instructions, one of the three modules under the Training Within Industry (TWI) developed by the Pacific International Centre for High Technology Research (PICHTR)…
13 Aug 2021
Breaking News
Solomon Islands Ports Authority (SIPA) celebrated its 65th Anniversary
Solomon Islands Ports Authority (SIPA) celebrated its 65th Anniversary at the Unity Square in Honiara today. The theme for the anniversary is, “Humble Journey”. In his address, SIPA Chief Executive Officer Eranda Koteiwala says, the theme is a reflection of SIPA’s 65 years of service.
4 Jun 2021
Airlines
Airlines Domestic Bubble performing well
The Solomon Airlines “Iumi Tugeda Holiday” initiative has positive results with an increased number of domestic travelers since its launching in February this year. Solomon Airlines Commercial Manager Collin Sigimanu said during the airline’s chairman media briefing yesterday.
28 Apr 2021
Breaking News
New SOE launched corporate plan
The Solomon Islands Maritime Authority (SIMA) has launched its Corporate Plan as it transitioned into a self-sustaining State-owned Enterprise (SOE). The SOE was launched today by the Deputy Minister and Minister for Infrastructure Development, Hon. Manasseh Maelanga.
25 Mar 2021
Breaking News
Kuma denounces SIPA employees claims
The Minister for Finance and Treasury, Hon. Harry Kuma has denounced comments made by some workers of Solomon Islands Ports Authority, SIPA. As the Accountable Minister for the State-Owned Enterprise, he labels these as erroneous and strongly advised the workers to stop spreading wrong information…
13 Mar 2020
Breaking News
Million dollars kwila consignment seized
The Ministry of Forestry and Research has seized 20 containers of round log Kwila at the Solomon Ports Containers terminal, awaiting export this week. The million dollars worth round logs which should be shipped out Monday this week were seized following leaked information reaching the Ministry.
19 Sept 2019
2019 Election
Wale calls on Govt to fix Honiara water issue
It is totally unacceptable that the capital city of a country should go without water for an extended period. It is especially deplorable when mismanagement is involved. Leader of the Parliamentary Opposition Group and Member of Parliament for Aoke Langa Langa, Hon.
9 Jul 2019
Environment
Logging activity threatens Honiara’s water source
Logging activity at the Kongulai upstream area has sparked investigations by Solomon Water. A statement from the State-Owned Enterprise said this followed reports from inspections carried out on site that revealed possible sources of turbidity at the Kongulai Water Source are due to current logging…
9 May 2019
ADB
First ever ‘Public Enterprise Perfomance Results’ website launched
The Solomon Islands government today launched the country’s first ever Public Enterprise Performance Results website in Honiara. This makes Solomon Islands the first Melanesian country and second in the Pacific to develop such website.
19 Feb 2018
Laws
INQUIRY INTO SIPA REFORMS COMPLETED
The Commission of Inquiry into Solomon Islands Ports Authority (SIPA’s) Reform Program has completed its investigations into the actions by the outgoing SIPA’s Chief Executive Officer Collin Yow.
5 Jan 2017
Electricity and Power Energy
2016 ELECTRICITY TARIFF OFFICIALLY APPROVED
Solomon Power announces that the 2016 Electricity Tariff Regulation has been officially gazetted. A statement from the State Owned Enterprise today says the 2016 Regulation was effective as of 1st January 2017.
3 Jan 2017
ADB
CONTINUED EFFORTS NEEDED TO FURTHER SOE REFORMS: ADB
Continued efforts are needed to further reforms of state-owned enterprises (SOEs) across the Pacific, according to an Asian Development Bank (ADB) report launched in Port Moresby.
26 Sept 2016
Government
OPPOSITION CALLED ON GOV’T TO CLARIFY NEW SOE IDEA
The Parliamentary Opposition Group has called on the Government to clarify its proposed plan to create a new State Owned Enterprise (SOE). The Opposition Group is aware that a company called the Solomon Islands Airport Corporation Limited (SIACL) has been registered as a private company on June…
21 Aug 2016
ADB
PACIFIC SOEs PERFORM WELL: ADB REPORT
Solomon Islands’ State Owned Enterprises portfolio’s return on equity jumped from minus 11 percent in 2002-2009 to 10 percent in 2010-2014. This is according to a new Asian Development Bank (ADB) report, the Advance copies of Finding Balance 2016, the latest edition of ADB’s landmark assessment of…
20 Jul 2016
National Events
SOE INDEPENDENCE COMPETITION ON AGAIN
It’s on again for the Six State Owned Enterprises, SOE, who will battle it out in various sporting events as part of their 38th Independence anniversary celebrations on 7th July.
5 Jul 2016
Cabinet
CABINET SUB-COMMITTEE STARTED DIALOGUE ON CEMA
A Cabinet sub-committee on the Commodities Export Marketing Authority (CEMA) has started a dialogue in pursuit of its mandate to resurrect the State-Owned Enterprise.
19 Apr 2016
Airlines
DASH 8 RETURNED TO FULL SERVICE
Solomon Airlines has announced, its Dash 8 aircraft is expected to return to full service this Saturday. General Manager Operations & Commercial, Gus Kraus said Dash 8 would return to Honiara this Friday. Mr.
19 Apr 2016
Labour Issues
MAN QUESTIONED FOREIGN APPOINTMENTS TO SENIOR POSTS
A North Malaita man has questioned the appointment of foreigners to senior positions in state-owned enterprises and few government institutions in the country.
16 Apr 2016