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The exhibition was designed to take attendees on a journey through PNG’s historical past, showcasing pictures of rare artefacts, cash, and notes which have shaped the country’s economy. The launch was attended by distinguished guests, companions, stakeholders, the staff and administration of BPNG, and the media. Santos has introduced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the availability of 20 LNG cargoes, or up to roughly 0.5 million tonnes of LNG every year, over a period of three years plus one quarter.

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 face before you today as we open the Kina and Toea Exhibition, a showcase of our nation’s rich and evolving financial historical past as a half of the Bank’s fiftieth anniversary celebrations,” Governor Genia stated. She highlighted that the event is particularly important because it precedes the fiftieth anniversary of each the country’s forex and the nation itself. Governor Genia also launched the Bank’s Vision 2050, launched according to the anniversary celebrations. Shells, notably the Kina and Toea, weren’t only mediums of trade but in addition symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money additionally represented social standing, and it was used in marriages, deaths, and different important ceremonies and events,” Genia defined.

Conservative Leader Pierre Poilievre is not allowed to talk within the House of Commons at present as his public feud with Foreign Affairs Minister Mélanie Joly spilled into a second day. Former cabinet minister Marc Garneau, who describes himself in his new e-book 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 at the intercourse lives of Canadian youth suggests more must be done to encourage protected intercourse, including reversing a lower in condom use. The FBI has arrested an Afghan man who officials say was impressed by the Islamic State and was plotting an Election Day assault focusing on large crowds in the U.S., the Justice Department said Tuesday.

Inflation and higher rates of interest have eroded Canadians’ purchasing power since 2022, significantly for lower-income households, a new report from the parliamentary budget officer has discovered. October eight, 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, according to a court docket document. Two major Perth tech businesses are set to hitch forces to type considered one of Australia’s largest suppliers of mission-critical software for high-risk industries. The number of non-public investments flowing into the brand new capital will doubtless enhance as more initiatives break ground in the future. A portal of day by day newspapers masking Philippine news headlines, business, way of life, commercial, sports activities and leisure. Keep up with the tales of the day with our lunchtime news wrap.

Are you struggling to create a budget that matches your life and schedule? Personal finance contributor Christopher Liew shares some simple budgeting strategies and provide some suggestions to assist you create, and observe, a price range plan. Yele Oyekola is the co-founder and CEO of Duplo, a fintech firm in Nigeria which helps businesses manage their financial… In the aftermath of Hurricane Milton, you Business News may lose energy, water, or sewer companies, and these sources is in all probability not obtainable until days after landfall. First responders could not be able to get to you till after the storm passes if you do not evacuate. October 2, 2024 • TikTok might start shutting down in the united states as quickly as January 19 of next yr.

All rights reserved.The BBC isn’t liable for the content of exterior websites.Read about our approach to exterior linking. Govt to cap coal costs for domestic cement, fertilizer industries The Energy and Mineral Resources Ministry has capped the coal value at $90 per ton for the home cement and fertilizer industry. “Indonesian medical biotech skills engage with international research community” Advances in medical biotechnology have shown speedy development, particularly with the pandemic that has threatened humanity over the previous 12 months and a half. Consumer confidence, retail sales get well from Delta impression As the year-end holiday season approaches, the two indicators level to elevated household spending, which has long been a key driver of financial activity in the nation.