News Releases

21 December 2014
Latest PSDI Progress Report Charts Landmark 2014 for Pacific Business Environment

Advances in the business environment in several Pacific island countries mark 2014 as a year of achievement for the Pacific Private Sector Development Initiative (PSDI), according to the latest progress report for the regional technical assistance facility released today.

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1 December 2014
Tonga’s Innovative Online Business Registry Goes Live

The Government of the Kingdom of Tonga launched the region’s first integrated online business registry today, providing up-to-date information on Tongan companies and businesses to the public 24 hours-a-day, 7 days-a-week.

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19 November 2014
Unlocking the Value of Movable Assets is Key to Pacific Prosperity: New ADB Report

Unlocking the value of “movable property” through legal reform and public online registries is key to removing constraints to economic growth and access to finance in developing Pacific island economies, says a new report launched here today by the Pacific Private Sector Development Initiative (PSDI

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6 November 2014
ADB Co-Hosts Business Registries Workshop for Pacific Islands

Senior government officials from 10 Pacific island nations, development partners and experts in private sector development gathered today at Asian Development Bank (ADB)’s office in Sydney to share their knowledge and report on progress made in the region’s expanding business registration sector.

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6 November 2014
ADB Supports Secured Transactions Reform in Timor-Leste

Citizens of Timor-Leste may soon have access to business loans from commercial banks using moveable assets as collateral, as a result of an initiative cofinanced by the Asian Development Bank (ADB).

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22 October 2014
Stronger Private Sector ties can boost SOE performance in PNG

Engaging the private sector through public-private partnerships and privatization can improve the performance and service delivery of state-owned enterprises (SOEs), according to a new PSDI report.

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