The absence of a clear commercial focus and monitoring framework for Palau’s state-owned enterprises (SOEs) has complicated efforts to improve their financial performance, according to the Asian Development Bank's Finding Balance 2023 report.
The 2019 passage of SOE legislation in Fiji has improved the country’s governance and commercial framework but room exists for further improvement, according to ADB PSDI report Finding Balance 2023.
Solomon Islands’ robust legal framework for SOEs has helped generate the highest portfolio returns among nine Pacific island countries, a new ADB PSDI report says.
Government officials from across the Pacific will assemble in Sydney for a 3-day business registries workshop organized by PSDI and the New Zealand Companies Office.
PSDI has supported the Securities Commission of Papua New Guinea to develop a new 10-year Capital Markets Development Strategy, outlining how the country can attract investment to grow its economy and create jobs.
Samoa’s prioritization of SOE reform over the past 8 years has provided a platform for more efficient service delivery, according to a new ADB PSDI report.