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The exhibition offered an opportunity to discover the fascinating history of PNG currency and its unique place in the nation’s improvement. Displaying cultural richness and diversity, attendees had been reminded of the importance of forex as a mirrored image of PNG id, values, and traditions. The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and officially declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to face earlier than you right now as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving economic history as part of the Bank’s 50th anniversary celebrations,” Governor Genia mentioned. She highlighted that the occasion is especially vital because it precedes the 50th anniversary of both the country’s currency and the nation itself.

Santos Managing Director and Chief Executive Officer Kevin Gallagher stated the contract with TotalEnergies marks a new LNG relationship for Santos, constructing on its current three means partnership partnerships. Our portfolio is well-balanced over the quick to medium term, with around eighty % of volumes listed to grease costs and about twenty p.c uncovered to spot pricing,” Gallagher said. “There continues to be extremely robust demand in Asia for high-heating-value LNG from tasks similar to Barossa and PNG LNG, as countries focus on decreasing their carbon emissions. Santos is dedicated to supporting the power security of our valued clients across Asia, where gasoline will play an important role in decarbonisation efforts throughout the region,” Gallagher added. Stocks stalled as oil fuels inflation nerves Asian inventory markets had been becalmed on Wednesday as surges in oil and Chinese manufacturing unit costs added to worries that a sizzling US inflation reading could renew strain on policymakers to lift interest rates. News about the Philippine Stock Exchange, international capital markets, and the banking trade.

“These modern currencies served as both financial devices and nationwide emblems of our independence and unity as a nation,” Genia noted. She offered insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is found in both the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal areas. Similarly, “Toea” refers to a useful type of shell utilized in commerce and traditional bride worth ceremonies in the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing commitment to sustaining trust and confidence in physical foreign money, even Business News as world trends shift towards digital currencies and digital funds. “This exhibition supplies a singular alternative to mirror and appreciate how far we’ve come and to assume about how we can proceed to honour our heritage whereas embracing the longer term,” she mentioned. The exhibition was designed to take attendees on a journey via PNG’s history, showcasing images of rare artefacts, coins, and notes which have formed the country’s economy.

That has put the spotlight on the genetic knowledge it has on 15 million folks. October three, 2024 • In Germany, döner kebabs are extra than simply an affordable, satisfying street food. Today on the present, how an effort to provide döner kebabs a protected standing beneath a little-known EU regulation might dish out some actual economic consequences, in Germany and past. October three, 2024 • The two sides have agreed to a 62% wage increase over 6 years in a deal between the International Longshoremen’s Association and the united states October 4, 2024 • U.S. employers added more than 1 / 4 million jobs in September, whereas the unemployment fee fell to 4.1%. October 5, 2024 • For six many years, coal has provided for — and polluted — the Navajo Nation.

The British Columbia government is capping the utmost allowable hire enhance at three per cent subsequent 12 months, down from the 3.5 per cent hike allowed in 2024. Uber Technologies will roll out an AI assistant powered by OpenAI’s expertise to assist drivers transition to electrical vehicles, as part of its efforts to decrease emissions. A bipartisan group of 14 U.S. attorneys general from throughout the country filed lawsuits on Tuesday towards TikTok, alleging that the platform has “addicted” younger people and harmed their psychological health. A man who confirmed up at a rental car company solely to be advised his online reservation wouldn’t be honoured is entitled to compensation, B.C.’s small claims tribunal has ruled. Southwest Airlines will also provide redeye flights for the first time. Two main rail carriers had locked out more than 9,000 employees earlier than the federal government ordered arbitration.

In the second quarter of 2024 , overseas funding in Nigeria’s equities markets was about $150 million, marking a… We have activated a program to pay particular person hauling companies to choose up debris. It will be restricted to 100 vans at $200 a load to the Raytheon website. Anticipated storm surge ranges may necessitate the shutdown of the Northeast and Southwest Sewer Treatment Facilities. If the amenities are shut down, residents could also be unable to make use of plumbing, including bogs, showers, and laundry. “The movie was clearly not appropriate to play for the whole flight and we sincerely apologize to prospects for this experience,” the representative mentioned.