AGP Executive Report

Last update: 8 hours ago

Bank of PNG Reform Agenda: The central bank outlined a financial sector reform push focused on stability, inclusion and investment, with inflation forecast around 4% in 2026 and risks still being monitored. Agriculture & Trade Festival Boost: The 70th PNG Agriculture and Trade Festival kicked off in Goroka (Aug 28-30), with government and agencies backing farmers and SMEs to expand market access and downstream processing. Energy Deal Momentum: PNG signed revised Papua LNG agreements setting a clear path to a Final Investment Decision by 15 December 2026, using a temporary risk-sharing price stabilisation mechanism to protect the state’s long-term fiscal interests. Power Crisis & Reform: Parliament heard PNG Power is in “terminal” condition due to ageing assets and weak revenue collection, with government weighing provincial partnerships and partial privatisation. Maritime Cooperation: A PNG-Australia joint hydrographic survey improved charting for previously unmapped waters off Morobe, supporting safer shipping and trade. Legal & Governance: PNG completed its first Joint External Evaluation for health security, and a LAWASIA environmental law forum highlighted the need to strengthen court capacity for environmental disputes. Tourism & Local Business: The Malagan Festival returned to Kavieng after 30+ years, creating fresh opportunities for local producers, crafts and cultural tourism. Sports Sponsorships: Pepsi named Jerome Luai as brand ambassador under a five-year deal, while Trukai signed Cooper Bai for two years—both aimed at youth engagement and grassroots sport.

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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Aug. 27, 2026

Vanilla bean market seen hitting $3.33 billion by 2035

AGP

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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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Bank of PNG sets out financial reform agenda to strengthen stability, inclusion and investment

Bank of PNG sets out financial reform agenda to strengthen stability, inclusion and investment

Agriculture and Trade Festival brings farmers, business and government together to drive PNG’s economic growth

Agriculture and Trade Festival brings farmers, business and government together to drive PNG’s economic growth


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Aug. 6, 2026

Wepay7 Launches Interactive Gaming Platform Across Papua New Guinea

GlobeNewswire, Inc.

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Aug. 6, 2026

Kina789 Launches Online Gaming Platform for Players Across Papua New Guinea

GlobeNewswire, Inc.

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Aug. 6, 2026

PGK88 Launches New Games on Its Online Gaming Platform in Papua New Guinea

GlobeNewswire, Inc.

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Aug. 27, 2026

High Arctic Announces 2026 Second Quarter Results

GlobeNewswire, Inc.

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Jul. 20, 2026

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

DVIDS - Georgia

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Aug. 10, 2026

K92 Mining Announces Strong Q2 2026 Financial Results – Record Net Cash Position and Significant Stage 3 Expansion Ramp-Up Progress, with Multiple Operational Records

GlobeNewswire, Inc.

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