AGP Executive Report
Last update: 2 hours agoInfrastructure & Connectivity: Gurney Airport in Alotau has officially opened after a K76.8m upgrade backed by the Asian Development Bank under CADIP II, adding a new terminal, runway and airfield works to boost safety and Milne Bay’s economic links. Power Reliability: Morobe MP Sam Basil Jnr says daily blackouts of 4–5 hours for months are hurting health, education and small business, with PNG Power blamed for slow fixes. Macroeconomy & Reform: Westpac reports PNG’s second-half 2026 outlook is stronger than expected, supported by higher commodity prices, better resource activity and IMF-backed reforms, but warns growth must reach livelihoods as FX queues persist. Governance & Accountability: Bougainville’s ABG and PNG Auditor-General’s Office renew a public finance MOU to strengthen internal audit and transparency. Fraud & Compliance: NFACD charges a former UPNG bursar over alleged USIS and accounting system manipulation linked to K602,785 in fraudulent transfers and improper student registrations. Business & Finance: CEFI and CGC sign an MoU to improve financial literacy and MSME access to finance via credit-guarantee referrals. Energy & Health Spending: KPHL backs progress on PMGH cancer and heart facilities, while ordering a review of a stalled surgical ward project. Regional Trade Push: PNG and Solomon Islands move to deepen economic ties through a growth corridor forum focused on investment, trade and downstream processing. Tech & Data Sovereignty: Datec PNG launches Kumul Cloud Infinity, PNG’s first sovereign cloud and AI data centre, positioning onshore data processing for government and business.
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.