AGP Executive Report
Last update: 7 hours agoRural Enterprise: A young volunteer is teaching cocoa farmers in Central Province how to improve production and earn more from the crop. Living Costs: A trade union leader says growth figures matter little if families’ purchasing power keeps falling; the kina’s decline may help exporters but raises the cost of imported inputs. Investment Climate: The World Bank is reassessing support for PNG projects as violence and insecurity threaten investment along economic corridors. Gas and Trade: PNG’s gas pipeline could attract up to US$60 billion over two decades, but projects depend on investment decisions and further exploration. Former prime minister Peter O’Neill says Taiwan’s withdrawal will also end extra LNG purchases worth about K1.5 billion a year. Industry and Housing: Pacific Lime’s plan for a coastal estate near its proposed industrial zone includes 2,330 residential lots and about 2,660 apartments, with the wider zone projected to support more than 10,000 jobs.
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