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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.
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).
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.
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...
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...
*PORT MORESBY, PAPUA NEW GUINEA*—The Asian Development Bank (ADB) has welcomed a new law making it easier to develop and implement public–private partnerships (PPPs) in Papua New Guinea (PNG). The Public–Private Partnership Act was passed by National Parliament of PNG early this month by a unanimous vote of 67-0. The new Act establishes a Public–Private Partnership Centre to assist the government in developing, tendering and implementing PPPs. ADB provided policy guidance and support in...