AGP Executive Report
Last update: 9 hours agoBanking Push: TISA Bank is taking its SME support on the road, running an Alotau road show (May 2) to connect local businesses and cooperatives with lending and business banking options. New Branches: TISA Bank and TISA Insurance are also moving into Enga with a new Wabag branch at the Dr. Samson Amean Commercial Centre, after a lease deal with the provincial government. Energy Governance: Kumul Petroleum has announced a board leadership handover, with chairman Gerea Aopi retiring and Isaac Lupari set to take over from May 19. Ocean Protection Momentum: At the Melanesian Ocean Summit, PNG backed a Coral-rich “Marine Highway” approach and pushed community-led conservation, while ministers signed intent to establish the Western Manus Marine Protected Area. Tech for Power: A new model predicts rapid solar “ramp” swings using cloud type and cover—aimed at improving grid stability. Legal/Policy Watch: PNG’s Ombudsman referral of Chief Justice Gibbs Salika is being attacked by the Opposition as a dangerous precedent for separation of powers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.