AGP Executive Report
Last update: 5 hours agoMining & Power: K92 Mining says it has paid over K527m in corporate tax this year and expects total 2026 tax up to K1bn, while also noting royalty amounts held in trust amid landowner appeals. Energy & Courts: Dirio Power welcomed a National Court ruling in its favour over PNG Power’s unpaid bills, backing contractual certainty for the sector. SME & Governance: PM Marape removed Win Daki from Commerce and Industry pending a forensic audit into alleged irregularities in the SME Fund; Finance Minister Thomas Opa takes over the portfolio temporarily. Agriculture & Rural Livelihoods: EU-Streit PNG support is helping East Sepik cocoa farmers fund tertiary study, and Hiri-East opened a buying-point and market to connect farmers to buyers. Infrastructure & Industry Support: PNGTPA and NCDC launched an accommodation inventory survey for Port Moresby to improve tourism planning and investment decisions. Resource Projects & Social Risk: Kikori MP raised concerns about social mapping and landowner identification for PNG LNG, calling for fair, transparent processes. Security & Regional Industry Links: The PNG-Australia Pukpuk Treaty comes into force, boosting defence cooperation and training pathways. Climate Pressure on Production: World Bank and climate reporting highlight jobs lagging growth and rising El Niño heat risks that could hit agriculture and food security. Digital Payments: UNDP expanded Stellar blockchain payments after pilots cut aid distribution costs and improved resilience during outages. Aviation & Logistics: PNG Air bids farewell to its Dash 8 fleet as it transitions to an all-ATR operation.
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.