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“This exhibition offers a novel alternative to mirror and respect how far we’ve come and to contemplate how we will continue to honour our heritage while embracing the future,” she mentioned. The exhibition was designed to take attendees on a journey by way of PNG’s history, showcasing pictures of uncommon artefacts, coins, and notes that have shaped the country’s economy. The launch was attended by distinguished friends, companions, stakeholders, the workers and administration of BPNG, and the media. Santos has announced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited .

Governor Genia also introduced the Bank’s Vision 2050, launched in line with the anniversary celebrations. Shells, notably the Kina and Toea, were not solely mediums of trade but in addition symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money also represented social status, and it was used in marriages, deaths, and other significant ceremonies and events,” Genia explained. The arrival of colonisers marked a turning level in the country’s economic history, leading to the introduction of contemporary currencies on 19 April 1975.

The latest interest rate reduce by the United States Federal Reserve presents opportunities and challenges for central… This materials will not be published, broadcast, rewritten, redistributed or derived from. Unless otherwise stated, all content is copyrighted © 2024 The Express Tribune.

Over 1,000 firms bid for 2017 railway projectsOver a thousand firms expressed interest in 17 classes of initiatives… Over 1000 corporations expressed interest Business News in 17 classes of initiatives for the 2017 capital projects of… Oil prices edged up on Wednesday as developments in the Middle East took centre stage towards cautious demand…

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