The Solomon Islands Chamber of Commerce and Industry (SICCI) congratulates the Solomon Islands National Provident Fund (SINPF) on its recent announcement of an 8% membership credit rate.
SICCI welcomes this positive news on behalf of employers and acknowledges SINPF’s broad portfolio of investments and subsidiaries, which include Soltuna Limited, Solomon Housing Limited, Our Telekom, South Pacific Oil Limited, Heritage Park Hotel, BSP, and the recently acquired King Solomon Hotel.
The Hon. Minister of Finance and Treasury, Trevor Manemahaga, announced the 8% credit rate to members, which will see a total of SBD274,908,820 distributed to accounts.
SICCI also commends the work and dedication of SINPF’s staff and management, noting the Fund’s steady membership growth in 2025 to around 6,900 members – a sign of the Solomon Islands’ gradual economic recovery.
“This outcome reflects confidence in the resilience of our economy. However, sustaining this growth requires a stronger enabling environment for the private sector to expand and compete. Tourism, fisheries, professional services, technology, agriculture, and minerals all rely on supportive policies and infrastructure.
“We must commit to strengthening the private sector so it can deliver on job creation and long-term development,” said Mr. James Dolarii, CEO of SICCI.
SICCI acknowledges this milestone but emphasises that future progress will depend on improved business conditions. The Chamber continues to call for robust policies and greater prioritisation of critical infrastructure to enable effective trade and commerce, create jobs, and secure lasting prosperity for the people of Solomon Islands.