AGP Executive Report
Last update: 2 hours agoFisheries: Pacific nations will push for a new bigeye tuna rule covering purse-seine and longline fleets, aiming to protect the stock while easing restrictions that limit regional fishing revenue. Air Links: Air Niugini is preparing to launch its first Auckland flights in 14 days, opening new opportunities for trade, tourism and education. Drought Response: Ok Tedi has airlifted 41 tonnes of relief supplies to North Fly communities, part of its K15 million allocation for Western Province. Economic Outlook: BSP warns El Niño could tighten foreign-exchange inflows even as mining holds firm, while high fuel prices add pressure. Public Finance: PNG Customs revenue rose 42 per cent to K1.48 billion in the quarter; Defence has also switched from cheques to electronic payments. Investment: Parliament’s passage of four LNG bills clears a step towards the proposed US$14.5 billion project. In Oro, a K12.5 million Afore development plan aims to grow cash-crop production and generate more than K2 million in annual revenue.
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