News Releases

20 July 2022
PNG Government and ADB's PSDI sign MoU to support PNG Securities Commission on capital market development

PSDI and the Securities Commission of Papua New Guinea (SCPNG) have signed a Memorandum of Understanding (MoU) to foster capital market development and improve inclusive access to finance for PNG businesses.

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14 July 2022
PSDI Launches Landmark Tourism Reopening Framework as post-COVID-19 Pacific Tourism Takes Off

PSDI has launched a comprehensive tourism reopening framework for Pacific island countries (PICs), providing critical policy guidance as international tourists return in the post-COVID-19 era.

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30 May 2022
PSDI Teams Up with Tourism Fiji for New Corporate Plan

PSDI has teamed up with the Fijian government’s tourism marketing arm, Tourism Fiji, to support the development of its 2022-2024 Corporate Plan and an inclusive, private sector-led Fijian tourism industry.

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9 March 2022
Director Selection Processes Critical to SOE performance—PSDI

Pacific governments can ensure the best outcomes for their state-owned enterprises (SOEs) by reducing political influence in the director selection process and hiring candidates with the knowledge, skills, and experience needed to address the SOE’s challenges, according to a new PSDI policy brief.

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4 March 2022
ADB Welcomes PPP Legislation for Improving Service Delivery in PNG

The Asian Development Bank has welcomed the passing of the Public-Private Partnership (Amendment) Act in Papua New Guinea, which will increase private sector investment and participation in essential infrastructure and improve service delivery.

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24 February 2022
ADB Welcomes Legislation to Enable Business Activity in PNG

The Asian Development Bank has welcomed the passing of legislative amendments to enable Papua New Guinea to modernize its business registry and boost business activity.

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