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AGP Executive Report

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Property & Retail Investment: Baosen International Holdings is pushing ahead with its $PGK4bn “Baosen China Town” mixed-use plan in Port Moresby’s Five-Mile, with a first phase of about 90,000 sqm of retail space and later towers, apartments and a five-star hotel, marketed under PNG’s Special Economic Zone framework. Mining & Exploration: K92 Mining says it will ramp up exploration investment by up to K150m, reporting strong drill results at the Arakompa project near the Kainantu processing plant. Energy & Industry Governance: PNG CORE has appointed Richard Kassman as executive director, aiming to strengthen policy advocacy for sustainable resource and energy development. Macroeconomy & Fuel Costs: The Bank of Papua New Guinea is monitoring an oil supply shock linked to Middle East conflict and says it may take policy actions if inflation pressures build, while fuel price relief keeps June pump prices steady. Tourism Policy: PNG’s tourism authority rejects the new international “Green Fee”, saying it was introduced without consultation and could hurt visitor growth. Sustainability & Finance: PNG’s Green Finance Summit 2026 drew 240 delegates and generated new investment commitments, as PNG pushes greener financial systems. Coral Triangle LNG Cover: Insure Our Future says most major insurers still haven’t ruled out LNG support in the Coral Triangle, despite biodiversity concerns. Infrastructure & Services: Marape led a delegation to Kikori ahead of the Papua LNG Development Forum, while Central Province’s National Volunteer Service prepares to deploy volunteers to support agriculture and SMEs. Digital & Hospitality: Daltron highlights long-running ICT support for PNG’s digital transformation, and Coral Sea Hotels Group rolls out Shiji’s Daylight PMS, with Gateway Hotel in Port Moresby the first PNG property to implement it.

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.

AGP Wire

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Jun. 1, 2026

Energy Today and QED Connect eye Zijin Mining deal and Colombia expansion

EIN Presswire

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May 4, 2026

B2i Digital sets May 5-7 investor conference on precious metals and critical minerals

EIN Presswire

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Apr. 28, 2026

Charlene Fried wins IAOTP's Elite Professional Award in Education

EIN Presswire


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Expansion on the cards for one of Papua New Guinea’s leading corporate healthcare providers

Expansion on the cards for one of Papua New Guinea’s leading corporate healthcare providers

Returning to his roots: Captain Sios supports bomb disposal operation in East New Britain  

Returning to his roots: Captain Sios supports bomb disposal operation in East New Britain  

Papua New Guinea prepares legal framework for verifiable credentials

Papua New Guinea prepares legal framework for verifiable credentials


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3 hours ago

Defense Logistics Agency Energy Worldwide event highlights global resilience, strategic partnerships

DVIDS - Georgia

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Jun. 4, 2026

K92 Mining Announces Major Expansion of Arakompa AR1 High-Grade Zone and Delineation of Substantial Near-Surface High-Grade Bulk Tonnage Zone

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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Jun. 1, 2026

Energy Today (NRGT), QED (QEDN) announced meeting with biggest Chinese Mining company and presidential results Colombia

EIN Presswire

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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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Jun. 8, 2026

STDF launches Annual Report 2025, "Accelerating Safe Trade: From Innovation to Scale"

World Trade Organization

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