AGP Executive Report
Last update: an hour agoEnergy Investment: ExxonMobil has taken over operatorship of Papua LNG, with the project’s partners still targeting a final investment decision later this year. Small Business: Sixty-two Morobe entrepreneurs completed US-funded training in bookkeeping, quality control and reaching new markets. Capital Markets: Parliament passed landmark capital-markets legislation 76–0, aimed at mobilising domestic investment and strengthening financial markets. Connectivity: Digicel PNG and Telikom will share tower infrastructure, while a separate BSP–Digicel partnership promises SMEs better access to digital tools and banking. Mining Returns: Nickel 28 expects US$12.6 million from the Ramu nickel-cobalt project, including a cash distribution and debt repayment. Business Costs: Lae firms continue to face prolonged blackouts and rising generator costs despite a new transmission line.
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