A Malaysian logging boss accused of enlisting a Solomon Islands politician to kill his rivals was freed on bail on Wednesday.

Joseph Wong was granted bail by the Solomon Islands magistrates' court in the capital Honiara after spending two weeks in custody on charges of inciting murder and grievous bodily harm.

The director of Silvania Logging allegedly offered 130,000 Solomon Island dollars (18,650 US) to legislator Charles Dausabea to kill a logging rival and injure two others.

Dausabea, who is facing charges of inciting riots last year that saw dozens of businesses razed in Honiara, turned the money over to police.

According to the police charge sheet, Wong had approached Dausabea on March 21 and asked him to kill the head of another logging company.

This was followed by a second meeting on March 27 when Wong asked Dausabea to arrange the bashing of two others from the rival company.

Magistrate Chris Vass allowed bail and ordered Wong to reappear on May 9.

Logging is big business in the impoverished island archipelago where the industry is run by Asian logging syndicates.

The central bank has warned that the industry is unsustainable at current levels.