Qantas Passengers Compelled To Observe Specific Film On International Flight

Governor Genia also introduced the Bank’s Vision 2050, launched consistent with the anniversary celebrations. Shells, particularly the Kina and Toea, weren’t only mediums of commerce but in addition symbols of wealth, social standing, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell cash additionally represented social status, and it was utilized in marriages, deaths, and other vital ceremonies and occasions,” Genia defined. The arrival of colonisers marked a turning point within the nation’s financial history, resulting in the introduction of up to date currencies on 19 April 1975. “These modern currencies served as both economic devices and nationwide emblems of our independence and unity as a nation,” Genia noted. She offered insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is found in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions.

The exhibition was designed to take attendees on a journey via PNG’s historical past, showcasing pictures of uncommon artefacts, cash, and notes which have formed the country’s economy. The launch was attended by distinguished friends, partners, stakeholders, the employees 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 supply of 20 LNG cargoes, or as a lot as approximately zero.5 million tonnes of LNG per annum, over a period of three years plus one quarter.

For further details about the Tourism Business Incubation Center and upcoming applications, please contact the PNG Tourism Promotion Authority. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s wealthy financial historical past and the 50th anniversary of Papua New Guinea’s foreign money. This occasion, held as part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025.

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