A senior regional economist and Solomon Islands former Central Bank governor has called for commercial banks to make credit available for rural and urban entrepreneurs.Tony Hughes says by making credit available people will be able to use money to develop industries and take themselves out of poverty. He says aid donors must start working with commercial banks to make this possible.
Business News
Senior economist calls for credit to be made available to rural entrepreneurs...
PNG to expand here
With the completion of the PNG chancery due later this year, PNG will be looking forward to expanding the activities of the High Commissions work in Solomon Islands. The PNG chancery in Solomon Islands will further enhance the political, economical, social, and diplomatic relations with Solomon Islands. The PNG High Commissioner to Solomon Islands Aiwa Olmi made these remarks during a press conference organized to witness the second phase of the chancery building in Honiara
PNG chancery into second phase
With the completion of the PNG chancery due later this year, PNG will be looking forward to expanding the activities of the High Commissions work in Solomon Islands.
The PNG chancery in Solomon Islands will further enhance the political, economical, social, and diplomatic relations with Solomon Islands. The PNG High Commissioner to Solomon Islands Aiwa Olmi made these remarks during a press conference organized to witness the second phase of the chancery building in Honiara
Flour shortage
Flour is one of staple food that people in the country depend very much on for food like bread and other wheat based products. But for the past weeks there has been a shortage of bags of flours from wholesalers and retailers of flour
Pacific economies still under threat of impacts of economic downturn
Although world economic markets are recovering from the global financial crisis, Pacific economies are still under threat from the impacts of the economic downturn.
Pacific leaders are meeting in Vanuatu this week to assess the impact of the global financial crisis and how countries in the region can move forward.
ATM machines finally completed
The bank of south pacific ATM machines at the banks point cruz branch have can finally be seen as complete. The bank will also be rolling out ATM service in provinces
Frangipani launched new flavor
During weekends for the past few months frangipani ice has been setting up a stall in front of their shop to coupe with the numbers of customers. But this weekend frangipani ice also launched a new ice cream flavor to coincide with the valentines celebrations.
Be Mobile distributes t-shirts and caps to the public
Be-mobile distributed hundreds of T-shirts and Caps in town today. Honiara streets are obvious with people wearing orange t-shits and caps with the Be-Mobile insignia. Be-mobile chief executive officer Julian Coustavry says this is a good will gesture to say thanked you with hope of providing quality services.
Be mobile sign 20 lease agreements
So far so good. Things are already working well for the new telecommunication company Be mobile in Solomon Islands. According to the Managing Director Julian Coustavry the new company is well ahead with its schedule and has already signed twenty new lease agreements .
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