PORT MORESBY, PAPUA NEW GUINEA – Continued efforts are needed to further reforms of state-owned enterprises (SOEs) across the Pacific, according to an Asian Development Bank (ADB) report launched today in Port Moresby.
SUVA, FIJI – State-owned enterprises (SOEs) are a significant drain on Pacific island economies, with the returns from most countries’ SOE portfolios not even meeting their capital costs, according to an upcoming Asian Development Bank (ADB) report.
SYDNEY, AUSTRALIA – Further reforms to Solomon Islands business environment are needed to attract investment that will diversify the economy and grow the private sector, according to an Asian Development Bank (ADB) report released today.
SYDNEY, AUSTRALIA – More businesses will soon be able to access credit in Papua New Guinea (PNG) following the activation of an online registry that enables lenders to easily accept moveable property, such as vehicles, machinery or stock, as collateral.
PORT MORESBY, PAPUA NEW GUINEA – An online registry launched today will allow Papua New Guinea (PNG) lenders to readily accept moveable property such as vehicles, machinery, or stock as collateral for loans, making it easier for many businesses to access credit.
SYDNEY, AUSTRALIA – A significant and increasing number of reforms supported by the Pacific Private Sector Development Initiative (PSDI) are resulting in legislative and structural changes that encourage investment and entrepreneurship across the region, according to PSDI’s Annual Progress Report