News

17 December 2014
Developing a Uniquely Pacific Approach to Financing Growth

*Speech (abridged) by Peter Dirou, PSDI Senior Financial Sector Expert at the 29th South Pacific Central Bank Governors’ Meeting, Suva, 3–4 December 2014* --- Thank you Governor Whiteside, Governors and other participants... and special thanks to all involved at the Reserve Bank of Fiji for their hospitality and organisational efforts. The substance of (my) presentation arises from the work PSDI has been doing in the Pacific, often with your banks, and from the personal discussions I have had...

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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. The site was launched by Mrs. Vaimoana Fakatulolo, CEO of Tonga’s Ministry of Commerce, Tourism & Labour, at a ceremony attended by representatives of the private sector and supporting development partners including the Asian Development Bank (ADB) and the governments of...

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19 November 2014
Unlocking the Value of Movable Assets is Key to Pacific Prosperity

A new report launched in Palau by PSDI today says 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. Unlocking Finance for Growth notes that obtaining credit is difficult in many of the Pacific’s developing countries. But without broad-based access to finance, investment remains constrained and economic growth potential is...

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16 November 2014
PSDI 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 PSDI support. Participants at a PSDI-supported consultation meeting were told today that the Government of Timor-Leste is proposing to introduce secured transactions reforms to promote broader access to finance and improve the enabling environment for business in the country.“Once the new secured transactions reforms are in place, people will...

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16 November 2014
PSDI 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 PSDI support. Participants at a PSDI-supported consultation meeting were told today that the Government of Timor-Leste is proposing to introduce secured transactions reforms to promote broader access to finance and improve the enabling environment for business in the country.“Once the new secured transactions reforms are in place, people will...

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6 November 2014
PSDI 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. The 4th Pacific Business Registries Workshop, a 2-day event co-hosted by PSDI and the New Zealand Companies Office (NZCO), will again be moderated by PSDI advisors. PSDI has been...

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