- Sports News : Seven Tongan athletes bound for Rio Olympics [21/07/2016 - Tonga]
- Sports News : Team Samoa to Rio Olympics announced [21/07/2016 - Samoa]
- News : Peter O’Neill remains Prime Minister of PNG, survives no confidence vote 85-21 [21/07/2016 - Papua New Guinea]
- News : Cook Islands MP guilty of corruption over dealings with fishing company [21/07/2016 - Cook Islands]
- News : Pacific Community hands tissue culture of 5 climate resilient crops to the Tonga Government [21/07/2016 - Tonga]
- News Feature : Selecting the next UN Secretary-General: Security Council holds first round of secret poll on candidates [21/07/2016 - United States]
- News Feature : Samoa at centre of UN Small Islands Partnership Framework to protect vulnerable islands [21/07/2016 - United States]
- News : 'Urgent' NZ, Australia rebuild defence links with Fiji as Russia exerts influence - study [21/07/2016 - New Zealand]
- News : Helen Clark lags as Security Council holds first ballot to choose next UN Secretary General [21/07/2016 - United States]
- News : Tonga has a high chance of accessing global agriculture security fund – World Bank official [21/07/2016 - Tonga]
- News : United at Nadi, Pacific Aviation Ministers sign joint submission to ICAO [21/07/2016 - Fiji]
- News : Marshall Islands slams US trafficking report [21/07/2016 - Marshall Islands]
- Sponsored : Oceania National Olympic Committees (ONOC)
Papua New Guinea’s Minister for Public Enterprises, Ben Micah, says he will look at the way Singapore manages its State-Owned Enterprises (SOEs) and investments, as a possible role model for Papua New Guinea.
Micah is particularly interested in the structure, and operating processes of the Singapore government's investment company, Temasek Holdings.
He says, the relationship between Temasek, the government’s incorporated sovereign wealth fund, Singapore Investment Corporation, and the Central Bank, the monetary authority of Singapore, has some aspects that can be adopted in Papua New Guinea.
He stresses, it is important to keep an open mind about the most appropriate and up-to-date ways, of dealing with issues, adding the current model in P-N-G, since 2002, has not worked effectively.
Micah says, this has resulted in lack of service delivery, with millions of Kina injected into public enterprises with no tangible benefits, when the money should have been used for health, education and other services.
Micah met with Singapore's Deputy Prime Minister and Minister for Finance in his last visit, and talked about the possibilities.
He is hoping to meet with Temasek Holdings, the Singapore Investment Corporation and the Monetary Authority of Singapore.
Pacific Islands News Association
Who & What is PINA?
International News Safety Institute (INSI)
Media Helping Media