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FDI can be a powerful driver of economic growth and human capital development. A strategic approach and targeted reforms can support Pacific countries to attract, retain, and assess FDI effectively, according to a comprehensive study of the FDI frameworks in five Pacific countries.
The passage of significant reforms in PNG will empower Kumul Consolidated Holdings to effectively monitor SOEs and promote better transparency and accountability, according to new ADB PSDI report Finding Balance 2023.
The Pacific region’s largest investment funds will establish minimum standards on gender-related data collection and reporting after an annual meeting of the Pacific Islands Investment Forum’s “Women in Super” working group.
The absence of a clear commercial focus and monitoring framework for Palau’s SOEs has complicated efforts to improve their financial performance, according to ADB PSDI'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.