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The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and formally declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to stand earlier than you at present as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving financial historical past as a part of the Bank’s 50th anniversary celebrations,” Governor Genia said. She highlighted that the event is particularly vital because it precedes the 50th anniversary of each the country’s currency and the nation itself. Governor Genia also launched the Bank’s Vision 2050, launched according to the anniversary celebrations. Shells, particularly the Kina and Toea, weren’t only mediums of trade but in addition symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash additionally represented social status, and it was utilized in marriages, deaths, and other significant ceremonies and events,” Genia explained.

The exhibition was designed to take attendees on a journey by way of PNG’s historical past, showcasing photographs of uncommon artefacts, cash, and notes that have shaped the country’s economy. The launch was attended by distinguished friends, companions, stakeholders, the workers and management of BPNG, and the media. Santos has introduced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the availability of 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG each year, over a period of three years plus one quarter.

A construction boost and decrease interest rates may kickstart flagging exercise. Gain the leading edge with global insights for the boardroom and beyond, every Wednesday from New York. From hole-in-the-wall chow mein joints to neighbourhood phuchka stalls, chef Auroni Mookerjee shares his high suggestions for street food in his hometown. BBC Verify fact-checks claims by Kamala Harris about immigration, abortion and the economic system.

Conservative Leader Pierre Poilievre isn’t allowed to speak within the House of Commons at present as his public feud with Foreign Affairs Minister Mélanie Joly spilled into a second day. Former cupboard minister Marc Garneau, who describes himself in his new guide as always-a-Liberal, ‘but a decidedly blue one,’ says he hopes the get together nonetheless has room for somebody like him. A new report that appears on the sex lives of Canadian youth suggests extra must be carried out to encourage secure sex, together with reversing a decrease in condom use. The FBI has arrested an Afghan man who officers say was impressed by the Islamic State and was plotting an Election Day assault focusing on massive crowds in the us, the Justice Department stated Tuesday.

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All rights reserved.The BBC is not answerable for the content material of external sites.Read about our strategy to external linking. Govt to cap coal prices for home cement, fertilizer industries The Energy and Mineral Resources Ministry has capped the coal price at $90 per ton for the home cement and fertilizer trade. “Indonesian medical biotech abilities engage with international research community” Advances in medical biotechnology have proven Business News speedy development, particularly with the pandemic that has threatened humanity over the past 12 months and a half. Consumer confidence, retail gross sales recover from Delta influence As the year-end holiday season approaches, the 2 indicators level to increased household spending, which has lengthy been a key driver of economic activity within the country.