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The Investment Promotion Authority, Department of Treasury, and PSDI, with support from the PNG-Australia partnership, signed a memorandum of understanding designed to make doing business easier in Papua New Guinea. (News item courtesy of EMTV).
In the Pacific, women are under-represented in senior professional and #leadership roles. PSDI works with partners to deliver training and mentoring to help prepare professional women for leadership positions.
In the Cook Islands, the activation of the Manatua communications cable, scheduled for mid-2020, is going to dramatically increase digital connectivity. PSDI has been helping the Government of Cook Islands prepare for this by ensuring the country has a modern, enabling business environment. This has involved reforming important business laws, and the development of an online Companies, Incorporated Societies, and Personal Property Securities Registry. The registry is making crucial business administration...
EMTV covers the signing of a Memorandum of Agreement between Women's Micro Bank and NKW Fresh Produce to launched an innovative new loan product developed with support from PSDI.
Interest in fintech, blockchain, cryptocurrencies and initial coin offerings, and their potential in the Pacific, is extraordinarily high and growing. However, in scholarly literature and the media there is widespread misunderstanding about many aspects of this phenomena.
PSDI, supported by Australian High Commission Papua New Guinea, is working with the Government of Papua New Guinea to promote competition among businesses and improve consumer protections.