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The exhibition supplied an opportunity to discover the fascinating historical past of PNG foreign money and its distinctive place in the nation’s improvement. Displaying cultural richness and variety, attendees have been reminded of the significance 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 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 today as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic historical past as part of the Bank’s fiftieth anniversary celebrations,” Governor Genia stated.

Now, in a function launched last month, Zillow will present how vulnerable properties for sale might be to excessive climate events. The British Columbia authorities is capping the utmost allowable rent enhance at three per cent subsequent yr, down from the three.5 per cent hike allowed in 2024. Uber Technologies will roll out an AI assistant powered by OpenAI’s know-how to assist drivers transition to electric vehicles, as part of its efforts to lower emissions.

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She offered insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in both the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal areas. Similarly, “Toea” refers to a priceless type of shell used in commerce and conventional bride price ceremonies in the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing dedication to sustaining belief and confidence in physical foreign money, at the same time as world trends shift towards digital currencies and digital funds. “This exhibition provides a novel alternative to reflect and recognize how far we now have come and to contemplate how we will continue to honour our heritage whereas embracing the lengthy run,” she mentioned. The exhibition was designed to take attendees on a journey through PNG’s historical past, showcasing photographs of rare artefacts, cash, and notes which have shaped the country’s economy. The launch was attended by distinguished visitors, companions, stakeholders, the staff and administration of BPNG, and the media.