Business

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 below $400 million ($399,328,839) consisting of a general reserve of just over $329 million ($329,377,496) and a revaluation surplus of just under $70 million ($ 69,951,343). Mr Boyers said these represent 10 percent general reserves only and 13 percent total reserves of the total funds under their management. In the meantime, he said though in some jurisdictions where retirement funds

SOUTH Pacific Oil’s relocation to Ranadi could be in jeopardy with a warning that the window of opportunity on the move is closing fast. Real estate developer, Abraham Eke, who

AIR Kiribati and Solomon Airlines have signed an agreement establishing a new aviation service linking Tarawa with Honiara, Brisbane and Nadi (Fiji). The agreement holds even more significance for the

A delegation from SIPA welcomed the arrival of MV Kota Hapas at the Point Cruz International Wharf yesterday. The delegation consisted of SIPA CEO and some of his top comrades

JEMS Cocoa Exporters Enterprise yesterday handed over farming tools to the the Pitukoli Cocoa Farmers Association. The enterprise is a locally registered company and a main buyer of dried cocoa

SOUTH Pacific Oil (SPO) is having close negotiations with government ministries and other stakeholders for its relocation to a site at Ranadi, probably by 2019. SPO General Manager Carson Korowa

THE Chief Executive Officer of Axiom Mining Company Limited says that the company’s ties with landowners and communities remain intact amidst all the challenges. Mr Ryan Mount said Axiom has

AXIOM Mining Company Limited is optimistic to roll out its full scale operation on South San Jorge Tenement if all proceeding turns out positive later this year. “This year, on

SOUTH Pacific Oil (SPO) Limited is looking at building new fuel depots in Auki, Malaita Province and Gizo, Western province, in 2017 and other provinces in the following years. This

SOLOMON Islands National Provident fund (SINPF) value of shares in South Pacific Oil (SPO) has now reached more than $766 million. SINPF Board Chairman Peter Boyers revealed this on Friday

AUKI market venders raised their needs during a one-day consultation with the Auki market management and representatives of UN women office yesterday. The Auki market venders raises their needs through

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The Island Sun

Solomon Islands Best Daily Newspaper

Business

SINPF reserve level below $400m

“Window of opportunity” closing fast on SPO’s Ranadi relocation, warns businessman Eke

Air Kiribati and Solomon Airlines sign new aviation agreement

SIPA welcomes Kota Hapas in Honiara

Jems assist Pitukoli cocoa farmers association

SPO may relocate by 2019

Axiom’s bond with landowners remains strong: Ryan

Axiom hopes to roll out full scale operation later this year

SPO eyes new fuel depots

SINPF shares in SPO surpasses $766m

Auki market venders raise needs