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AGP Executive Report

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Aviation & Trade Links: Air Niugini has resumed the Port Moresby–Tokyo route with its first non-stop flight on July 18, set to run twice weekly (Wednesdays and Saturdays), boosting travel and potential freight and tourism flows. Regional Connectivity: PNG Air launched a new Moro–Mt Hagen–Port Moresby service every Monday and Thursday, restoring direct scheduled access to Moro after a six-year gap. Banking Leadership: TISA Bank appointed Luke Kaul as substantive CEO, aiming for disciplined growth and operational stability as it moves beyond establishment. Mining & Jobs: St Barbara reported an 8% rise in Q4 gold production at New Simberi, while Newmont Lihir opened recruitment for roles across engineering, operations, supply chain, environment and social performance. Infrastructure Delivery: Hoskins Airport upgrade hit 57% completion, but runway limits mean only smaller aircraft can operate until later in July and through end-2026 works. Energy & Finance Policy: TISA Group CEO Michael Koisen urged PNG’s financial sector to bring K15 billion from the informal economy into formal banking to better capture the resource boom. Geopolitics With Economic Fallout: PNG ordered the immediate closure of Taiwan’s Economic Office in Port Moresby, prompting Taiwan to review LNG purchases and the US to express concern over “intimidation,” while Taiwan’s LNG imports are a major revenue stream for PNG. Maritime Safety & Cooperation: Australia’s HMAS Leeuwin begins a five-week hydrographic survey mission in partnership with PNGDF to improve navigation safety and maritime cooperation.

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.

AGP Wire

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Jul. 7, 2026

Influential Women honors Shara Patricia Ciravolo Fesser for global enterprise leadership

AGP

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Jul. 1, 2026

Influential Women spotlights energy executive Shara Patricia Ciravolo Fesser

AGP

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Jul. 1, 2026

LTMG launches rough terrain forklifts for harsh outdoor jobs

AGP


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6 hours ago

U.S. Marines Strengthen Papua New Guinea EOD Capabilities Through Humanitarian Mine Action Training

DVIDS - Georgia

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Jul. 7, 2026

U.S., Papua New Guinea engineers prepare Igam Barracks classrooms for renovation during Tamiok Strike 26

DVIDS - Georgia

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Jul. 14, 2026

K92 Mining Announces 2026 Second Quarter Financial Results Conference Call Details

GlobeNewswire, Inc.

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Jun. 29, 2026

Island Passage Accelerates toward Drilling at the EL02 Project Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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Jul. 10, 2026

Fertilizer trade impacted by Strait of Hormuz conflict

World Trade Organization

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Jun. 22, 2026

Island Passage Exploration and Isina Resource Holdings Announce Land Access and Compensation Payments of 200,000 Kina made to customary landowners from work conducted on the EL02 Project Bougainville Island, Papua New Guinea

GlobeNewswire, Inc.

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