News Releases

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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14 October 2014
ADB and Vanuatu to Support Private Sector with Online Registries

Ms. Serah Obed, Acting Commissioner, Vanuatu Financial Services  Commission (left) and Ms. Nancy Wells, ADB's Development  Coordinator in Vanuatu, share a handshake in Port Vila yesterday  at the signing of an MOU committing their organisations to work  together to build what will be the Pacific's "most comprehensive  suite of electronic business registries".  *PORT VILA, VANUATU*—After working together to achieve business law reform, the Asian Development Bank (ADB) and Vanuatu’s financial services regulator have agreed to build online business...

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23 September 2014
New ADB Report Urges Reform of Vanuatu’s Flagging State-Owned Enterprises

PORT VILA, VANUATU—Vanuatu’s policymakers and private sector representatives will learn this week how a broad-based state-owned enterprise (SOE) reform program is crucial to improving the poor performance and service delivery of the country’s SOEs. It is one of the key findings of a new Asian Development Bank (ADB) report, Finding Balance 2014: Benchmarking the Performance of State-Owned Enterprises in Island Countries, to be presented in Port Vila this week as ADB continues...

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