AGP Executive Report
Last update: 3 hours agoLNG Trade: China says it is ready to buy more Papua New Guinea gas after Taiwan halted purchases, pitching new trade and investment ties as PNG seeks replacement buyers. Climate and Business: El Niño is already disrupting power and water supplies, with hydropower shortages prompting load shedding; the Government has set aside K500 million for a response. Banking Access: TISA Bank opened its eighth branch in Mt Hagen and launched its first ATM outside Port Moresby, expanding services in a major Highlands commercial centre. Economic Diversification: PNG is promoting special economic zones and new industries to broaden exports, while harmonising trade processes across 37 agencies ahead of a planned 2030 system rollout. Energy: The Government says it is ready to turn renewable-energy policy into solar projects, particularly for remote communities beyond the grid. Population Planning: Census figures put PNG’s population at 10.18 million, data officials say can guide investment and public-service planning.
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