By JOHN HOUANIHAU

Pacific Ocean Commissioner, Dr Filimon Manoni, urges Pacific leaders, scientists, policymakers, and communities to work collectively to safeguard the region’s ocean.

Delivering his keynote address in this week’s Pacific Islands Ocean Conference in Honiara, Manoni described collaboration as “not just important, but essential”.

Reflecting on what he described as a good year for the ocean, he highlighted Pacific leadership at global forums such as the UN Ocean Conference in Nice, France and strong regional advocacy at the UN General Assembly in New York.

“Pacific leaders understand the burden they carry today in preparing future generations for the stewardship of the ocean.

“The Pacific has not been sitting idle. We have taken steps at the regional and national levels through conventions, treaties, and marine policies to sustainably manage our ocean,” Manoni said.

He acknowledges that global progress has been uneven, pointing to the stalled negotiations for a plastics treaty.

Manoni calls for renewed momentum at the upcoming UN Environment Assembly (UNEA) in December, pressing for an agreement robust enough to address the full cycle of plastics and provide meaningful support for small island developing states.

He also highlighted the need to balance science, technology, and policy with traditional Pacific knowledge and values.

“Our traditions of celestial navigation, sacred marine spaces, and seasonal fishing calendars reflect our deep ecological intelligence. These must remain at the centre of ocean governance,” he said.

He said that the Pacific voice must remain united on the global stage.

“We are not islands in a far sea, but a sea of islands,” he said, invoking the late Pacific scholar Epeli Hau‘ofa’s famous words.

Addressing young people, he reminded them of their role as future custodians of the ocean.

“Do not let the size of the ocean intimidate you. It is your home, your heritage, and your identity. Your responsibility is to ensure it maintains its bountifulness into the future.

“Pacific solutions are global solutions. Only through collaboration, science, traditional knowledge, and shared responsibility can we secure the ocean for generations to come,” he concluded.

Photo: Supplied

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BY NED GAGAHE

The Solomon Islands National Provident Fund (SINPF) has continued to deliver for its members, with benefit payments, membership growth, and strong liquidity reported for the financial year ending 30 June 2025.

Speaking during the official announcement of the 2025 crediting rate at the Heritage Park Hotel yesterday, SINPF CEO and General Manager Mike Wate said a total of 7,789 formal benefits worth $376 million were paid out during the year.

This marks an increase from 7,554 benefits worth $342 million paid in 2024, with the bulk of payments going to retiring members aged 50 years and above.

Employer registrations also grew, reflecting ongoing recovery in the economy with 225 new employers joining the Fund in 2025, up from 192 from the previous year.

Wate highlighted the continuing growth of the Fund’s youSave product, which caters for workers in the informal sector.

6,082 new youSave members were registered in 2025, slightly down from 6,132 in 2024.

Total membership climbed to 49,836, compared to 43,768 in 2024.

Gross savings reached $107.1 million, while net savings stood at $50.7 million — up 22% and 18% respectively.

Contributions from informal members rose to $19.1 million, compared to $18.5 million last year.

Benefit payouts to youSave members also increased, with 11,262 benefits worth $12.5 million paid, up from 9,508 benefits worth $10.6 million in 2024.

“This shows more Solomon Islanders in the informal sector are trusting the Fund to save for their future, and they are also receiving increasing benefits from their savings,” Wate said.

The Fund’s liquidity position also remained strong, despite declining net contributions.

SINPF recorded a net contribution of $40.3 million after incoming contributions of $431.7 million against member withdrawals of $391.5 million. This was down from $67.5 million in 2024.

Nevertheless, free cash reserves rose to $284 million, compared to $213.7 million last year.

“These reserves ensure we can meet member withdrawals at any time, while also providing funds for new investments currently under consideration,” Wate explained.

Wate assured members that all benefit payments are fully financed from incoming contributions, while investment income is used to fund new ventures and cover operational costs.

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BY NED GAGAHE

The Government reaffirms its commitment to bring the long-awaited Solomon Islands National Provident Fund (SINPF) Reform Bill before Parliament before the end of the new fiscal year.

Speaking during the announcement of the Fund’s 2025 crediting rate, Minister of Finance and Treasury Trevor Manemahaga said the new legislation is vital to modernise the operations of SINPF and deliver greater value to its members.

The Minister admitted the Bill has been on the table for more than 10 years without being passed.

“It has been my commitment as the Minister of Finance that I will bring the new SINPF Reform Bill to Parliament before the end of the new fiscal year,” he said.

He explained that the new law will not only strengthen the Fund’s governance but also enable members to grow their retirement savings while still in employment, and at the same time provide more flexible options to meet their short-term financial needs.

The Asian Development Bank, supported by the Australian Government, is currently assisting in drafting the Bill, alongside the Ministry of Finance and Treasury and the SINPF Board.

“The Government recognises that reforming the SINPF law has been long overdue, and we are progressing to make this happen and transform SINPF into a modern retirement fund,” the Minister said.

The remarks follows SINPF CEO Mike Wate’s presentation of the Fund’s strong financial performance for the year ending June 30, 2025, which the Minister described as evidence that the Fund’s business fundamentals remain “strong and firm” despite external market volatility.

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-NPF declares 8 percent interest after record $430m income

-$274.9m to members’ accounts, death benefit raised to $10,000

BY NED GAGAHE

A total of $274,908,820 has been credited to members’ accounts effective yesterday, September 30, 2025.

Minister of Finance and Treasury, Trevor Manemahaga, officially declared an 8 percent crediting rate for the 2024/2025 financial year.

Speaking at the Heritage Park Hotel, Minister Manemahaga said the declaration is a proud moment for the government and the Fund.

“This is a very important event that members look forward to every year. Your accounts will now be credited with 8 percent interest, reflecting the Fund’s strong performance and prudent management,” the Minister said.

He also confirmed an increase in the Special Death Benefit to $10,000, up by $1,500 from last year’s $8,500.

The announcement comes on the back of a record financial performance by the Fund.

SINPF recorded a draft gross income of $430 million for the financial year ending June 30, 2025 — an increase of more than 80 percent on last year’s $252.2 million.

After expenses, the Fund posted a net profit of $303.5 million, representing a 6.6 percent return on its $4.595 billion investment portfolio.

SINPF CEO/General Manager Mike Wate said the results reflect careful management and resilience.

“This is a milestone year for the Fund. Despite global and local challenges, we have delivered sustainable returns while keeping members’ funds secure for retirement and old age,” Wate told guests.

The performance was boosted by strong dividends from key equity investments:

South Pacific Oil Limited – $70 million

Solomon Telekom Company Ltd – $43.78 million

BSP Financial Group Ltd (PNG) – $8.82 million

UBS Australian Fund – $2.49 million

Solomon Submarine Cable Company Ltd – $0.84 million

Interests from Government’s sovereign debt interest income has made a significant contribution by rising to $30.64 million, while property income held steady at $33.49 million despite vacancies on commercial properties in Auki and Town Ground.

Fair value revaluations surged to $208 million, compared to just $35.8 million in 2024.

Formal membership continued to expand, with 6,998 new members joining in 2025, bringing the total to 152,560 members holding credit balances worth $3.77 billion.

Wate said the growth reflects a strengthening economy and job creation.

“As employment grows, so too does membership and contributions, which ensures the Fund remains strong for all Solomon Islanders,” he said.

Minister Manemahaga said the results show that both the economy and the Fund are on a positive trajectory.

“The hosting of the 2023 Pacific Games and other international events laid the foundation for recovery and growth. With careful management, the Fund has turned this into benefits for our members,” he said.

“May the Fund continue to grow from strength to strength, and may our members continue to benefit in the years to come,” the Minister concluded.

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BY CHRIS ALEX

The Young Entrepreneurs Council of Solomon Islands (YECSI) is rallying businesses, youth organisations, and development stakeholders to join its upcoming corporate fundraiser.

The fundraiser is a pivotal event designed to strengthen youth entrepreneurship and advance the YECSI Awards 2025.

As a cornerstone of YECSI’s annual calendar, the fundraiser aims to shine a light on the invaluable contributions of young entrepreneurs who are shaping the future of the Solomon Islands.

YECSI Coordinator Moses Jnr Aunama highlighted the broader vision of the event, emphasizing that it is not just a celebration but a vital investment in the next generation of leaders.

“Every contribution made through this fundraiser helps build a stronger foundation for our youth. By supporting YECSI, stakeholders are investing in young people who are driving innovation, creating employment, and making meaningful contributions to their communities,” said Aunama.

YECSI has outlined five key reasons for organisations and individuals to take part in this transformative initiative:

-Investing in the Future of Solomon Islands
Supporting young entrepreneurs who are driving economic growth, job creation, and innovation ensures a sustainable future for the nation.

-Recognising and Rewarding Hard Work
The fundraiser celebrates young individuals who have overcome challenges to build sustainable businesses and serve as role models for others.

-Strengthening Communities
Entrepreneurs play a critical role in creating jobs, sustaining local supply chains, and giving back to their communities, thereby fostering societal progress.

-Providing Alternatives for 12,000+ School Dropouts Annually
With over 12,000 youth leaving the formal education system each year, the initiative offers skills training and entrepreneurial opportunities as viable alternatives.

-Uplifting the 70 Percent Youth Majority
With youth making up 70% of the nation’s population, supporting their potential is essential for driving national development and progress.

The YECSI Corporate Fundraiser is more than just an event it is a call to action. YECSI urges stakeholders to see their participation as a contribution to a larger movement that aims to empower the youth of Solomon Islands.

Photo: YECSI

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BY CHRIS ALEX

The Royal Solomon Islands Police Force (RSIPF) and the China Police Liaison Team (CPLT) collaborated with the Solomon Islands National University (SINU) to launch a comprehensive Digital Awareness and Cultural Exchange Programme.

With focus on cybersecurity education, artificial intelligence (AI) literacy, and cultural exchange, the programme launched at SINU aims to equip young people with essential skills to navigate the digital landscape safely.

Dean Foy, Director of the Department of Information and Communication Technology at SINU, emphasized the necessity of practical digital skills.

“Today’s youth must be prepared for the digital age. This programme provides them with the tools to protect themselves online,” he said.

Assistant Commissioner Simpson Pogeava of the RSIPF urges the audience to prioritize cybersecurity.

“Cybersecurity is no longer a distant concern, it is part of everyday life. Educating young people about online threats is critical,” he said.

The event featured a keynote address from CPLT Acting Commissioner Yang Jian, who provided insights into effective cybersecurity practices.

“Cybersecurity must become part of your daily routine,” he advised.

Superintendent Zhang Peng highlighted the challenges posed by AI, discussing how criminals exploit new technologies.

He encouraged participants to remain vigilant against scams.

An engaging hands-on exercise allowed students to create AI digital avatars, showcasing both the potential and pitfalls of emerging technologies.

The program also included a cultural segment, where CPLT Inspector Lin Jiamu demonstrated traditional Chinese tea art, inviting students to partake in the culturally enriching experience.

Additionally, practical self-defense techniques were showcased by CPLT Inspector Hao Siyuan, providing students with essential skills for safety on campus.

“It’s about empowering students to feel confident and secure,” he remarked during the demonstration.

The program concluded with participants expressing their appreciation for the blend of theory and practice, highlighting its significance for personal security and cultural understanding.

Many participants noted that the skills learned will not only protect their digital assets but also bolster their financial security and personal reputation.

Looking forward, SINU, RSIPF, and CPLT plan to continue their partnership, with the aim to host regular Digital Awareness and Cultural Exchange Programs that foster a safer and more resilient campus environment for all.

Photo: Supplied

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BY SAMIE WAIKORI

The Leader of the Official Opposition and member of the Bills and Legislative Committee (BLC), Matthew Wale has raised the importance of dressing code especially for spouses of foreign service officers.

Wale says there needs to be training especially for the country’s foreign service officers or ambassadors, because “the way we dress could send different messages to people and most importantly our partners”.

Considering the importance of the matter, Wale asked the Ministry of Public Service, during the hearing of the Public Service Bill 2025 last week, to put in place training for spouses of the country’s ambassadors.

“We don’t know how to dress. I mean, to meet different protocols. And this basic kind of training is required for etiquette for different cultures.

“Different cultures handle protocols in a nuanced way. Sometimes our partners, our would-be partners, tell us where we’re at just by the way we dress.

“The way we handle the etiquette already betrays our lack of experience or our lack of competence in certain issues.

“So, these very basic trainings are needed especially for our ambassadors and their spouses,” he said.

The team from the Ministry of Public Service acknowledged the concern and assured to work with the Ministry of Foreign Affairs and External Trade to look at a training for this important area.

They also assured to try and help IPAM in terms of this area, as they are the training institution responsible for training of public officers.

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