AGP Executive Report
Last update: 7 hours agoMining Safety: The government is stepping up its crackdown on illegal alluvial mining, while the Mining Minister and MRA chief urge operators to put accident prevention and worker safety ahead of production. Energy and Climate: El Niño is disrupting hydropower and water supplies, prompting load shedding on the Port Moresby, Ramu and Gazelle grids. Business leaders warn the strain is spreading across the economy, with conditions expected to persist into 2027. Gas and Investment: PNG is eyeing a US$60 billion gas-project pipeline and a 20-year construction boom, while Taiwan’s decision to halt LNG purchases puts a major export market at risk. Mining Outlook: Ok Tedi says it contributed K32 billion to the economy and has approved a long-term plan to operate beyond 2050. Industry and Trade: Pacific Lime and Cement has raised A$50 million for a proposed PNG industrial hub; a new PacTow tug is also set to strengthen Port Moresby harbour services. Agriculture and Forests: A new US$63.4 million programme in West Sepik will support forest protection, sustainable agriculture and community resilience. In Central Province, a young volunteer is helping cocoa farmers build commercial skills. Banking: Tisa Bank has opened its eighth branch in Mt Hagen, expanding access in a key agriculture and commercial centre.
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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