August 2017

READ SI WINS PRIME MINISTER’S HEART

A recently established literacy organisation in the Solomon Islands has won Prime Minister Manasseh Sogavare’s heart for its mission to battle the country’s high illiteracy rate by providing literacy classes and libraries in 600 villages across the country by April…

SCHOLARSHIP REDUCTION FOR 2018

IT has surfaced that overseas scholarships for next year, 2018 will perhaps be reduced. The Ministry of Education and Human Resources Development (MEHRD) Permanent Secretary highlighted this during last week’s Public Accounts Committee (PAC) hearing. “As of next year, we…

GOV’T SCHOLARSHIP ABUSE

Minister reveals system abused, Ministry calls for review THE Ministry of Finance and Treasury has disclosed that the process in obtaining government tertiary scholarships was abused and that government had continued to pour money into ‘what seems to be a…

PM UNDER PRESSURE?

..Sogavare reportedly forced to sack two ministers under internal pressure TWO senior government ministers stand to lose their portfolios as Prime Minister Manasseh Sogavare finally relented under Party pressure to act, internal sources said. “It is looking likely. And it…

POB MAKES SBD$27M PROFIT IN 2016

PAN Oceanic Bank (POB), the Solomon Islands locally incorporated bank has recorded a willing net profit of SBD$27 Million in the 2016 financial year. This was revealed in the bank’s financial statement, which was released earlier this year. The net…

SINPF RESERVE LEVEL BELOW $400M

THE Solomon Islands National Provident Fund is sustaining a reserve level that is below $400 million. SINPF Board Chairman, Mr Peter Boyers made the statement during the end of the 2016 financial year recently. He said the reserve level is…