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.
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.
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.
The Asian Development Bank has welcomed the publication of the Kumul Consolidated Holdings Authorisation (Amendment) Act 2021 in Papua New Guinea’s National Gazette, a key step in efforts to reform state-owned enterprise governance.
The tourism sector in the Pacific has been significantly damaged by the global coronavirus disease (COVID-19) pandemic, but there is potential for positive transformation as the industry looks to rebuild and grow, according to a new series of publications from PSDI.
The Asian Development Bank (ADB) has welcomed the passing of a new Corporations Act in Palau which will make it easier and faster to start and run a business.