AGP Executive Report
Last update: an hour ago5G Rollout: PNG cleared spectrum for 5G, with NICTA confirming 2.6 GHz and 3.5 GHz bands are ready for licensing—aimed first at urban areas and backed by operator plans. Energy Investment Deadline: TotalEnergies’ Papua LNG push faces a “drop-dead” FID date of 15 December after PNG offered temporary improved terms tied to a final decision. Finance & Inclusion: Bank of PNG governor Elizabeth Genia stressed that financial inclusion only works when services are safe and trusted, not just accessible. Superannuation Recognition: Nasfund CEO Rajeev Sharma received the King’s Medal for 25 years of service, highlighting PNG’s retirement security push. Customs & Trade Facilitation: Customs chief David Towe called for tighter government–business teamwork, pointing to the National Single Window and smarter, risk-based cargo targeting. Mining Watch: Geopacific reported fresh high-grade gold hits at Woodlark, while Taruga returned gold-silver grades from early sampling at East Normanby. Agriculture Innovation: A “little mushroom man” in Goroka is turning Juncao-style training into daily income through dried mushroom products. Regional Industry Context: Pacific leaders backed stronger ocean and fisheries positions, including deep-sea minerals and marine pollution priorities.
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