Opinion: Call on ADB to secure correspondent banking partners for Pacific countries
Pacific countries have sought the help of the Asian Development Bank (ADB) to secure correspondent banking partners to increase investment and raise opportunities for local businesses. The 14 Pacific Developing Member
ADB calls for more sports, retirement and medical tourism in Fiji
Continued recovery in Fiji’s tourism sector boosted the country’s overall economic growth last year, according to the Asian Development Bank. In its annual Asian Development Outlook report released this month, the
Growth of 3.3 percent Expected in Papua New Guinea in 2024, 4.6 percent in 2025 — ADB
The economy of Papua New Guinea (PNG) is expected to improve in 2024 and 2025, according to the Asian Development Outlook (ADO) April 2024, ADB’s flagship economic publication. The positive outlook is driven by
The right person for the job: why Pacific state-owned enterprise director selection processes matter
State-owned enterprises (SOEs) play a dominant role in essential service provision in the Pacific, providing services such as airports, ports, broadcasting, telecommunications, water supply and sanitation. So the way
Pacific Ports: Climate and COVID
More than 90% of trade commodities come to Pacific Island countries and territories by sea; with imports dominated by fuel, industrial, commercial machinery and other natural resources. But over the last two years the