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AGP Executive Report

Last update: 6 hours ago

Macroeconomy Watch: Westpac says PNG’s economy stayed resilient in the first half of 2026, tracking about 4.6% real GDP growth for 2026, backed by agriculture, industry and services, stronger resource earnings, and improved foreign exchange liquidity. SME Governance: Prime Minister Marape has ordered an independent audit of the SME funding programme after public allegations of mismanagement, while Opposition Leader James Nomane escalated calls for accountability over the alleged K200 million issue. Digital Infrastructure: Digicel PNG says its network has passed end-to-end 5G readiness testing, with peak speeds reported up to 1.2Gbps, setting up faster services for consumers and businesses. Connectivity for Services: The US is investing K131 million (US$30m) in satellite connectivity, including Starlink at the American Corner, aimed at boosting internet access for remote health facilities, schools and government offices. Resource Sector Focus: PNG Resources Week 2026 will spotlight customary landownership, national content, workforce development and nation-building beyond the next 50 years. Skills & Jobs Pipeline: PNGDF personnel completed automotive and carpentry training under the PNG-Australia partnership, building trade pathways and recognised qualifications. Health & Food Security Risk: El Niño is expected to hit agriculture hard, with FAO warning up to 85% of people dependent on farming could be affected, raising food security and health pressures. Local Value Chains: Kumul Organics expands into City Pharmacy retail to support rural coconut farmers through coconut oil skincare. Cross-Border Health: Jayapura Regional General Hospital says it is ready to become a PNG referral hub via a cross-border healthcare partnership. Trade & Markets: PNG’s coffee exporters report projected K9.7m in sales after Melbourne’s coffee expo, while the PNG–Fiji Business Council targets new market access for small businesses.

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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Jul. 1, 2026

Influential Women spotlights energy executive Shara Patricia Ciravolo Fesser

AGP

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Jul. 1, 2026

LTMG launches rough terrain forklifts for harsh outdoor jobs

AGP


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Echelon Resources Becomes Major Shareholder in Horizon Oil Holding 6.64% Stake Following Cue Energy Scrip Transaction

Echelon Resources Becomes Major Shareholder in Horizon Oil Holding 6.64% Stake Following Cue Energy Scrip Transaction

Twenty20 Energy announces two data centers for Pomeranian Voivodeship, Poland

Twenty20 Energy announces two data centers for Pomeranian Voivodeship, Poland


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Jun. 29, 2026

Island Passage Accelerates toward Drilling at the EL02 Project Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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4 hours ago

Service that sparked a lifelong passion for WWII Veteran

U.S. Department of Veterans Affairs

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Jun. 22, 2026

Island Passage Exploration and Isina Resource Holdings Announce Land Access and Compensation Payments of 200,000 Kina made to customary landowners from work conducted on the EL02 Project Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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May 26, 2026

High Arctic Overseas Announces Intention to Recommence Drilling Activity in Papua New Guinea

GlobeNewswire, Inc.

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May 20, 2026

High Arctic Overseas Announces engagement as Authorised Distributor for Atlas Copco Power Technique products in Papua New Guinea

GlobeNewswire, Inc.

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May 4, 2026

Island Passage Exploration Files Annual Report Highlighting Significant Technical Progress and Socioeconomic Impacts from the EL02 Project - Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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