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This event, held as 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 at the National Museum & Art Gallery in Port Moresby. The exhibition offered a possibility to discover the fascinating historical past of PNG foreign money and its unique place within the nation’s development. Displaying cultural richness and variety, attendees had been reminded of the significance of forex as a reflection of PNG identification, values, and traditions. 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 at present as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving financial history as a half of the Bank’s 50th anniversary celebrations,” Governor Genia mentioned.

The firm estimated the hurricane may cut back earnings before interest and taxes for Disney’s Parks and Experiences section by $150 million to $200 million. TikTok Faces Barrage of Lawsuits Around Teens and Mental HealthMore than a dozen states sued TikTok on Tuesday for creating an app designed to be addictive to kids and teenagers. Harris Proposes Medicare Benefits for Home Care, Vision and HearingThe vice president’s well being care plan is supposed to assist Americans who are struggling to find affordable residence take care of themselves or aging relations. U.S. Budget Deficit Rises to $1.8 Trillion in 2024New estimates from the Congressional Budget Office present persevering with fiscal strain, despite steady economic growth. NetChoice, backed by tech giants including Meta and Google, has efficiently argued in court docket that Big Tech hosts protected speech.

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He emphasised the potential of small stakeholders within the tourism industry, together with carvers and crafters. “This incubation heart will help many people within the metropolis, particularly these working independently,” Parkop said. Hon Parkop additionally counseled the collaborative spirit among stakeholders, saying, “We will call for partnerships to ensure the success of this center,” adding that this initiative is just the start of a bigger journey to empower the local tourism sector. For further details about the Tourism Business Incubation Center and upcoming programs, please contact the PNG Tourism Promotion Authority. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s wealthy financial historical past and the fiftieth anniversary of Papua New Guinea’s currency.

The S&P 500 has sputtered to a document excessive shut, rebounding from a quick setback after Federal Reserve chair Jerome Powell said the US central bank is in no hurry to implement further interest rate cuts. The Reserve Bank of India has stored its key rate of interest unchanged for the tenth consecutive time, its governor Shaktikanta Das announced at present,while retaining India’s actual GDP growth forecast at 7.2 per cent for the present financial yr. More than two weeks have handed since Hassan Ali walked out of a Toronto courtroom a free man, after prosecutors decided to not move ahead with a first-degree murder trial in opposition to the local rapper.

President Joe Biden is warning airways and different companies not to overcharge people who discover themselves making an attempt to get out of the trail of Hurricane Milton. Executive Editor Julie Pace brings you behind the scenes of the AP newsroom. Our flagship publication breaks down the biggest Business News headlines of the day. World of Faith Comprehensive global coverage of how faith shapes our world. The Seattle Seahawks opened this season with three consecutive wins beneath first-year head coach Mike Macdonald.