News Releases
The Cook Islands Financial Supervisory Commission (FSC) has launched a secure and state-of-the-art registry for international entities, developed by the Asian Development Bank’s Pacific Private Sector Development Initiative (PSDI), with support from the Government of Australia.
The proportion of women in business leadership in the Pacific is steadily increasing, but persistent barriers slow the ideal rate of progress, according to a new report published today by the Asian Development Bank’s (ADB’s) Pacific Private Sector Development Initiative (PSDI).
Pacific island countries have ambitious targets to increase their investments in renewable energy, which will reduce electricity generation costs and improve supply reliability, according to a new policy paper published today by the Pacific Private Sector Development Initiative.
There is growing awareness that promoting women’s economic empowerment makes good business sense. Yet legal, regulatory, and policy barriers persist that prevent women’s full participation in the private sector, according to PSDI's new gender-inclusive private sector framework, published today.
Innovative Financing Mechanisms, such as small-scale offers regimes and investment-geared crowdfunding, can help bridge the financing gap for small and medium-sized enterprises (SMEs) in the Pacific region, says a new PSDI report.
PORT MORESBY, PAPUA NEW GUINEA (23 January 2024) — The Asian Development Bank (ADB) welcomes a new framework for public–private partnerships (PPPs) in Papua New Guinea (PNG) aimed at unlocking private investment and know-how, and allowing PNG to expand and improve infrastructure service delivery.