How to Effectively Manage Business Change
Berita Terbaru Bisnis, Ekonomi, Investasi Indonesia
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She supplied insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is present in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal regions. Similarly, “Toea” refers to a valuable kind of shell utilized in trade and conventional bride worth ceremonies within the Motuan Coastal villages. Governor Genia expressed the Bank’s ongoing dedication to sustaining trust and confidence in bodily currency, at the identical time as international trends shift in direction of digital currencies and electronic funds.
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 approximately zero.5 million tonnes of LNG each year, over a period of three years plus one quarter. The contract will begin in Q4 2025, with LNG being equipped from Santos’ world portfolio of world-class LNG belongings on a delivered ex-ship foundation. Santos Managing Director and Chief Executive Officer Kevin Gallagher stated the contract with TotalEnergies marks a new LNG relationship for Santos, constructing Business News on its existing three way partnership partnerships. Our portfolio is well-balanced over the quick to medium time period, with around eighty p.c of volumes listed to oil prices and about twenty p.c exposed to identify pricing,†Gallagher said. “There continues to be extremely sturdy demand in Asia for high-heating-value LNG from projects corresponding to Barossa and PNG LNG, as countries give consideration to decreasing their carbon emissions.
The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a show celebrating the nation’s rich financial history and the 50th anniversary of Papua New Guinea’s forex. This event, held as a half 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 6 September 2024 at the National Museum & Art Gallery in Port Moresby. The exhibition offered an opportunity to discover the fascinating historical past of PNG forex and its distinctive place in the nation’s growth. Displaying cultural richness and diversity, attendees have been reminded of the importance of foreign money as a reflection of PNG id, values, and traditions.
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