AGP Executive Report
Last update: 2 hours agoResource Week Momentum: Nasfund CEO Rajeev Sharma says the fund is reviewing investment structures to lift member returns while keeping liquidity for PNG’s resource and infrastructure push. Gender & Inclusion in Mining: PNG CORE launched its GESI Policy Statement, backed by the Women in Resources and Energy committee, targeting bias, bullying, harassment and safer, more flexible workplaces across mining, petroleum and energy. Investor Confidence & Governance: PNG CORE and speakers at PNG Resources Week stressed transparency, governance and compliance as the route to stronger investment and fairer community benefits in the extractive sector. Energy Push: Energy Minister Peter Isoaimo urged investors to back PNG’s power build-out, calling electricity the “foundation” for agriculture, mining, social services and education. Local Business & Trade Finance: TISA bank says it’s making it easier for PNG SMEs to buy directly from China in Chinese currency, aiming to cut FX friction and speed up procurement. Bougainville Drilling Update: Canadian Island Passage Exploration says drilling at EL02 could start in late August or September, marking the first program outside Panguna in over 50 years. Ports Modernisation: PNG Ports unveiled a 30-year infrastructure master plan to upgrade the national port network, backed by Australia’s AIFFP and European lenders. Election Security Talk: A PNG Hausbung discussion asks whether authorities can guarantee a safe and secure 2027 election, with calls for stronger police deployment and civil education. Public Health Warning: UK travel advice highlights methanol poisoning risks at 29 holiday hotspots after recent deaths and permanent injuries. Digital Divide: A new report points to community-run internet networks as a practical way to connect remote PNG and other Pacific islands, stressing local participation and sustainability.
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