AGP Executive Report
Last update: 2 hours agoTax Compliance: The Internal Revenue Commission is urging businesses and individuals to obtain a Tax Identification Number and meet their tax obligations, as registration becomes increasingly important for local and cross-border business. Fisheries: Pacific Islands Forum Fisheries Agency members will push for a new bigeye tuna management measure covering purse-seine and longline fleets, aiming to strengthen stock management while protecting Pacific fishing opportunities and revenue. Air Links: Air Niugini plans to launch its first Auckland service in 14 days, opening new opportunities for tourism, trade and education. Foreign Exchange: BSP warns El Niño, weaker agricultural output and export delays are tightening PNG’s foreign-exchange inflows, though mining remains a key source of support. Major Projects: Parliament has passed four LNG bills, clearing a step toward the proposed $14.5 billion Papua LNG project; Customs also reported a 42 per cent rise in quarterly revenue to K1.48 billion. Digital Payments: Defence has moved from cheques to electronic funds transfers, joining the government’s wider shift to digital payments.
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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