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This occasion, held as a part of the Bank’s 50th anniversary celebrations, coincides with the upcoming fiftieth 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 exhibition provided an opportunity to explore the fascinating history of PNG foreign money and its unique place within the nation’s growth. Displaying cultural richness and diversity, attendees were reminded of the significance Business News of forex as a mirrored image 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 stand before you at present as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic history as part of the Bank’s fiftieth anniversary celebrations,” Governor Genia mentioned.

The firm estimated the hurricane could cut back earnings earlier than interest and taxes for Disney’s Parks and Experiences phase 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 children and teenagers. Harris Proposes Medicare Benefits for Home Care, Vision and HearingThe vice president’s well being care plan is meant to help Americans who’re struggling to find affordable residence look after themselves or growing older family members. U.S. Budget Deficit Rises to $1.eight Trillion in 2024New estimates from the Congressional Budget Office show continuing fiscal pressure, despite steady economic progress. NetChoice, backed by tech giants together with Meta and Google, has efficiently argued in courtroom that Big Tech hosts protected speech.

OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment RoundThe San Francisco company is gathering the billions its executives imagine they will want to proceed building new A.I. US Fed flags potential danger from China’s Evergrande Stresses in China’s real estate sector together with from heavily-indebted Evergrande have the potential to influence the United States, the US Federal Reserve warns. SEC suspends Oando shares from stock marketThe Securities and Exchange Commission has ordered the Nigerian Stock…

The Minister’s imaginative and prescient is to see this initiative increase throughout all 22 provinces, empowering local communities and enhancing the tourism panorama in Papua New Guinea. The middle aims to offer essential coaching, registration, and assist for local artisans, tour operators, and different small stakeholders within the tourism trade. The TPA will present necessary help to support small companies to develop. Governor Parkop congratulated the Minister and the National Cultural Commission on their efforts.

FCMB attains ISO Certification for Quality ManagementLeading financial services provider, First City Monument Bank , has… Senate halts consideration of immigration budgetThe Senate yesterday suspended consideration on the 2017 budget of the Nigerian… News about company earnings and losses, mergers and acquisitions, and other features on firms. Officials say they are apprehensive the technology may allow enemies to “remotely manipulate vehicles”.

Mortgage rule changes enable easier entry into the housing market with lower month-to-month payments, but in addition an increased price of repaying a mortgage. While the RRSP as a retirement automobile has obvious advantages, in addition they include pitfalls that may have an result on your long-term monetary health. Personal finance contributor Christopher Liew explains how RRSPs work and outlines some of their drawbacks. Personal finance contributor Christopher Liew explains a few of the downsides of obsessive frugality and offers some tips on how to stability frugal dwelling with living your every day life. Financial Independence and Early Retirement is a rising movement for folks trying to retire earlier than the standard age.