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She provided insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions. Similarly, “Toea” refers to a useful kind of shell utilized in commerce and conventional bride price ceremonies in the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing dedication to sustaining trust and confidence in physical foreign money, even as world developments shift in path of digital currencies and electronic payments. “This exhibition offers Business News 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 historical past, showcasing photographs of uncommon artefacts, coins, and notes that have shaped the country’s economic system. The launch was attended by distinguished guests, partners, stakeholders, the staff and administration of BPNG, and the media.
The exhibition provided a chance to discover the fascinating historical past of PNG forex and its distinctive place in the nation’s improvement. Displaying cultural richness and diversity, attendees had been reminded of the significance 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 before you right now as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic history as a half of the Bank’s fiftieth anniversary celebrations,” Governor Genia stated.
A century later, ecologists try to convey wildlife back to those barren seashores. From hole-in-the-wall chow mein joints to neighbourhood phuchka stalls, chef Auroni Mookerjee shares his high suggestions for street meals in his hometown. The Renters’ Rights Bill, which bans no-fault evictions, will be debated for the first time on Wednesday. Riley Keough tells the BBC about ending her late mother’s memoir – a life story filled with trauma, dependancy, loss and grief.
The arrest got here amid but extra high-profile departures from Adams’ administration as federal prosecutors delve deeper into allegations that the mayor was involved in a coverup. Florida gas stations struggled to maintain up with demand Tuesday as lengthy lines and empty pumps compounded the stress for residents planning to hunker down or flee as Hurricane Milton approached the state’s western coast. The Dominican Republic stated Tuesday it has deported or repatriated almost 11,000 Haitians in the past week, fulfilling a pledge to do so weekly as neighboring Haiti scrambles to deal with the influx whereas besieged by gang violence and poverty. As intensifying natural disasters threaten growing swaths of the country, assessing an space’s local weather risk has become an essential part of buying for a new house for many Americans.
Market knowledge info displayed on The Sydney Morning Herald is sourced from Morningstar and ASX and is subject to their terms and conditions as set out in our phrases of use. The Sydney Morning Herald doesn’t settle for any accountability for the accuracy and/or completeness of such information or information. European Investment Bank warms up to Zimbabwe The European Investment Bank has availed about €40m to Zimbabwe banks inside a yr, which is able to go in the path of baili… Conservative Leader Pierre Poilievre is not allowed to talk within the House of Commons right now as his public feud with Foreign Affairs Minister Mélanie Joly spilled into a second day.
Over 1,000 firms bid for 2017 railway projectsOver 1000 firms expressed curiosity in 17 categories of initiatives… Over 1000 corporations expressed interest in 17 categories of tasks for the 2017 capital initiatives of… Keep up with the stories of the day with our lunchtime news wrap. The potential transition of Pakistan’s power sector to a aggressive wholesale electrical energy market underneath the… Oil costs edged up on Wednesday as developments within the Middle East took centre stage towards cautious demand…