News Releases

22 September 2016
Sustained Reform Agenda can Improve State-Owned Enterprises – ADB Report

PORT MORESBY, PAPUA NEW GUINEA – Continued efforts are needed to further reforms of state-owned enterprises (SOEs) across the Pacific, according to an Asian Development Bank (ADB) report launched today in Port Moresby.

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18 July 2016
Commercial Reforms Needed to Boost Pacific State-Owned Enterprises – ADB

SUVA, FIJI – State-owned enterprises (SOEs) are a significant drain on Pacific island economies, with the returns from most countries’ SOE portfolios not even meeting their capital costs, according to an upcoming Asian Development Bank (ADB) report.

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23 May 2016
Solomon Islands Should Advance Reforms to Drive Investment– ADB

SYDNEY, AUSTRALIA – Further reforms to Solomon Islands business environment are needed to attract investment that will diversify the economy and grow the private sector, according to an Asian Development Bank (ADB) report released today.

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11 May 2016
Lending System That Will Enhance Access to Credit Goes Live in PNG

SYDNEY, AUSTRALIA – More businesses will soon be able to access credit in Papua New Guinea (PNG) following the activation of an online registry that enables lenders to easily accept moveable property, such as vehicles, machinery or stock, as collateral.

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19 January 2016
New Lending Framework to Enhance Access to Credit in PNG

PORT MORESBY, PAPUA NEW GUINEA – An online registry launched today will allow Papua New Guinea (PNG) lenders to readily accept moveable property such as vehicles, machinery, or stock as collateral for loans, making it easier for many businesses to access credit.

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15 January 2016
Private Sector Reforms Encouraging Pacific Business, Investment – Report

SYDNEY, AUSTRALIA – A significant and increasing number of reforms supported by the Pacific Private Sector Development Initiative (PSDI) are resulting in legislative and structural changes that encourage investment and entrepreneurship across the region, according to PSDI’s Annual Progress Report

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