News Releases

9 March 2022
Director Selection Processes Critical to SOE performance—PSDI

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.

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24 February 2022
ADB Welcomes Legislation to Enable Business Activity in PNG

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.

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1 December 2021
ADB welcomes new legislation to improve SOEs in PNG

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.

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2 November 2021
Balancing sustainability and growth key to tourism sector recovery—PSDI

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.

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21 October 2021
ADB welcomes new Corporations Act to boost business in Palau

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.

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24 September 2021
Pacific Surpasses Global Averages for Women's Representation in Business Leadership—PSDI.

Gaining access to leadership positions can be challenging for women, but there are increasing opportunities for women to lead in business in the Pacific, according to a new report from the Pacific Private Sector Development Initiative.

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