News

6 November 2014
PSDI 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. The 4th Pacific Business Registries Workshop, a 2-day event co-hosted by PSDI and the New Zealand Companies Office (NZCO), will again be moderated by PSDI advisors. PSDI has been...

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24 October 2014
Speech by Former New Zealand Minister Richard Prebble at PNG Launch of Finding Balance

*The following speech was delivered by the Hon Richard Prebble at the launch in PNG of Finding Balance 2014: Benchmarking the Performance of State-Owned Enterprises in Island Countries, at the Port Moresby Chamber of Commerce and Industry on 24 October 2014* I am New Zealand’s last Postmaster General. I got the job because the cost of sending a letter was increasing faster than inflation but the mail delivery was so bad that the claim...

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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.  Finding Balance 2014: Benchmarking the Performance of State-Owned Enterprises in Island Countries, will be launched in PNG at a breakfast today hosted by the Port Moresby Chamber of Commerce. “When SOEs operate commercially, they reduce the costs of doing business, create opportunities for private investment,...

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14 October 2014
PSDI 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".  After working together to achieve business law reform, PSDI and Vanuatu’s financial services regulator have agreed to build online business registries that will lower costs, boost transparency,...

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

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 the new PSDI report, Finding Balance 2014: Benchmarking the Performance of State-Owned Enterprises in Island Countries, to be presented in Port Vila this week as PSDI continues to work with the Government...

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8 September 2014
ADB Vice-President Visits PNG to discuss Private Sector Operations

*PORT MORESBY, PAPUA NEW GUINEA*—Asian Development Bank (ADB) Vice-President Lakshmi Venkatachalam arrived today in Port Moresby, Papua New Guinea (PNG), where she will meet with senior government officials for discussions on ADB’s support for private sector development in PNG. “ADB is working with the Government of PNG to promote inclusive growth by upgrading and investing in renewable energy and transport infrastructure,” said Ms. Venkatachalam. “As the government’s largest partner in infrastructure,...

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