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“This exhibition provides a unique opportunity to replicate and recognize how far we have come and to contemplate how we can proceed to honour our heritage while embracing the longer term,” she said. The exhibition was designed to take attendees on a journey by way of PNG’s history, showcasing pictures of uncommon artefacts, coins, and notes that have formed the country’s economic system. The launch was attended by distinguished guests, partners, stakeholders, the workers and management of BPNG, and the media. In late August, seventeen ExxonMobil trainees graduated in a ceremony held on the Kumul Petroleum Academy at Idubada.

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Prime Bank PLC lately signed an agreement with tech firm Dotlines, geared toward enhancing banking services for the latter’s employees. Bangladesh Financial Intelligence Unit right now asked banks to provide particulars of accounts of former state minister for international affairs Md Shahriar Alam, his spouse and son. Sustainability has become a mainstream concern for businesses across the globe, so Bangladesh must also invest in researching and growing revolutionary technology to assist local companies embrace it of their core methods, in accordance with analysts. Zara owner Inditex, the world’s biggest style retailer, posted a report net profit for the primary half of the 12 months on Wednesday, despite slower gross sales growth. The planning ministry has fashioned a 12-member taskforce to develop methods to beef up the economic system and mobilise resources for equitable and sustainable development. The Bangladesh Bank yesterday fashioned a six-member taskforce to carry out reform initiatives in the country’s banking sector.

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Santos Managing Director and Chief Executive Officer Kevin Gallagher famous that the contract with Glencore extends their current strong business relationship and presents a useful alternative for both companies to leverage their expertise in Asian LNG markets. “This oil-indexed contract, along with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’ strong LNG portfolio place and buyer relationships in the region. There continues to be strong demand in Asia for top heating value LNG from projects corresponding to Barossa and PNG LNG. Santos is dedicated to supporting the power security of our valued clients throughout Asia,” Mr Gallagher stated. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s rich financial history and the fiftieth anniversary of Papua New Guinea’s forex. This occasion, held as a half of the Bank’s fiftieth 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.

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Textile millers yesterday urged the interim government to take immediate steps to enhance fuel and energy provide to manufacturing models, as most are now running at solely 30 % capacity. How Swing State Politics Are Sinking a Global Steel DealAs the Biden administration nears a decision to block the proposed acquisition of U.S. Steel, the controversy over national and financial security Business News is being dwarfed by presidential politics. The authorities’s plan to buy again the bonds to cap the capital expenditure in the roads and highway segment. The govt is also eager to award tasks above Rs 500 cr underneath the PPP mode as they’ve proved to be of higher high quality and are cheaper, in comparison with govt-funded projects, said an official.