AGP Executive Report
Last update: 2 hours agoGST squeeze on primary producers: The Highlands Farmers and Settlers Association is chasing overdue GST refunds and tax credits, asking businesses to reconcile records with the IRC after some payments reportedly date back to 2018–2020. Mining reform push: Mining Minister Solan Loifa tells Chinese investors PNG is “open for business” but insists on win-win deals for landowners and the environment, including a one-stop shop for licensing and longer exploration tenure. PNG LNG construction boost: Wood wins a US$200m, five-year ExxonMobil PNG LNG construction services contract covering Hides, Caution Bay, ~700km of pipeline and related works. Simberi ownership shift: St Barbara agrees to sell its remaining New Simberi interest to China’s Lingbao Gold for A$453m, with Kumul retaining 20%. Bougainville security risk to Panguna: Bougainville leaders condemn arson attacks on Panguna mine equipment and say reopening plans will continue despite violence. Farm finance for highway corridors: PM Marape announces NBC concessional loans for coffee, cocoa and copra farmers along major roads. Border readiness call: A border commander urges urgent funding and support for frontline border posts to protect sovereignty. Maritime upgrade: PNG Ports receives a new AIFFP pilot boat for Madang Port to improve pilotage safety and cargo movement. Youth into primary sectors: New Ireland signs a K1m-backed plan to engage 574 youths in economic and primary industry roles.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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