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In support of small and medium enterprises within the tourism sector, the PNG Tourism Promotion Authority and the Ministry of Tourism, Art and Culture formally launched the Tourism Business Incubation Center on September 27th in Port Moresby. Key figures, including the Minister for Tourism, Arts, and Culture, Hon. Belden Namah, TPA CEO Eric Mossman Uvovo, National Cultural Commission CEO Steven Enomb Kilanda, and NCDC Governor Hon. Namah emphasized the vital Business News role of small companies within the nation’s financial improvement in his keynote tackle, as he expressed gratitude to members for his or her contributions to the country’s progress. Namah mirrored on the necessity for financial independence, acknowledging the political basis laid by the country’s founding fathers.

The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s rich economic history and the 50th anniversary of Papua New Guinea’s currency. This event, held as a part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025. The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to six September 2024 on the National Museum & Art Gallery in Port Moresby.

The launch was attended by distinguished friends, partners, stakeholders, the staff and administration of BPNG, and the media. Santos has announced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the provision of 20 LNG cargoes, or up to roughly zero.5 million tonnes of LNG per annum, over a period of three years plus one quarter. The contract will commence in Q4 2025, with LNG being provided from Santos’ global portfolio of world-class LNG property on a delivered ex-ship foundation.

Food and grocery delivery main Swiggy has received capital markets regulator Sebi’s clearance to launch its much anticipated Initial Public Offering , sources stated on Wednesday. Are you struggling to create a price range that fits your life and schedule? Personal finance contributor Christopher Liew shares some simple budgeting methods and offer some tips that can assist you create, and follow, a finances plan. Inflation and better interest rates have eroded Canadians’ buying power since 2022, significantly for lower-income households, a model new report from the parliamentary finances officer has discovered. October 8, 2024 • A Brazilian Supreme Court justice approved the restoration of the social media platform’s service in Brazil, over a month after its nationwide shutdown, based on a court docket doc.

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Governor Genia also launched the Bank’s Vision 2050, launched according to the anniversary celebrations. Shells, significantly the Kina and Toea, were not only mediums of commerce but additionally symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash also represented social standing, and it was utilized in marriages, deaths, and other important ceremonies and occasions,” Genia explained. The arrival of colonisers marked a turning level in the nation’s economic historical past, resulting in the introduction of up to date currencies on 19 April 1975.