AGP Executive Report
Last update: 2 hours agoTelecom & Digital Economy: Remington Group has launched Starlink Enterprise in PNG as a local reseller, promising kina billing, local installation and support, and a nationwide price for the X4 terminal (K1,690 incl. GST). Municipal Finance: Lae City Authority, with fintech partner NiuPay, has rolled out ServiceLink for online land tax payments, aiming to cut cash handling and ease congestion at council offices. Banking & Inclusion: Bank of Papua New Guinea issued financial service licences to DealCorp Finance (loans and financial services) and PayItNow PNG (digital payments), with BPNG governor Elizabeth Genia stressing trust as the base of the financial system. Trade & Investment Push: PM James Marape told US business leaders during UNGA week that PNG is shifting “from aid to trade,” urging investment in resource projects and incentives. Governance & Elections: A parliamentary committee flagged budget misalignment risks between RPNGC and PNG Defence Force for 2027 election security planning. Compliance & Finance Stability: PNG’s AML/CTF body says the country is targeting exit from the global grey list by 2028 via a 2026–2028 action plan. Energy Cost Relief: Marape says the fuel subsidy may continue into next year as global prices stay high, with pressure on government finances but protection for households and businesses.
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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