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He emphasized the potential of small stakeholders within the tourism trade, including carvers and crafters. “This incubation middle will help many individuals in the metropolis, particularly these working independently,” Parkop mentioned. Hon Parkop additionally recommended the collaborative spirit amongst stakeholders, saying, “We will call for partnerships to ensure the success of this heart,” adding that this initiative is only the start of a bigger journey to empower the native tourism sector. For further details about the Tourism Business Incubation Center and upcoming programs, please contact the PNG Tourism Promotion Authority. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a display celebrating the nation’s wealthy economic historical past and the 50th anniversary of Papua New Guinea’s foreign money.

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This occasion, held as a half of the Bank’s 50th anniversary celebrations, coincides with the upcoming 50th 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 explore the fascinating history of PNG currency and its distinctive place within the nation’s development. Displaying cultural richness and variety, attendees have been reminded of the significance of currency as a mirrored image of PNG id, 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 face earlier than you right now as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving financial historical past as part of the Bank’s 50th anniversary celebrations,” Governor Genia said.

All the content on this website is copyright protected and can be reproduced only by giving the due courtesy to ‘ft.lk’ Copyright © 2004 Wijeya Newspapers Ltd. The company stated by the early 2030s it’s going to contribute nearly half of the projected electric battery manufacturing capacity required for the UK automotive sector. “We have a mantra to go native first, so our priority is to use native companies and local people as part of our improvement,” he mentioned. October 2, 2024 • TikTok might begin shutting down in the U.S. as quickly as January 19 of subsequent 12 months.

The Minister’s imaginative and prescient is to see this initiative expand across all 22 provinces, empowering native communities and enhancing the tourism panorama in Papua New Guinea. The center goals to offer important coaching, registration, and support for native Business News artisans, tour operators, and other small stakeholders within the tourism business. The TPA will present essential assistance to assist small businesses to develop. Governor Parkop congratulated the Minister and the National Cultural Commission on their efforts.