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The exhibition provided a possibility to explore the fascinating history of PNG foreign money and its unique place within the nation’s growth. Displaying cultural richness and diversity, attendees had been reminded of the significance of foreign money as a reflection of PNG identity, 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 stand earlier than you today as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic history as part of the Bank’s 50th anniversary celebrations,” Governor Genia mentioned.

“These contemporary currencies served as both financial instruments and national emblems of our independence and unity as a nation,” Genia famous. She offered 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 areas. Similarly, “Toea” refers to a priceless sort of shell utilized in trade and traditional bride value ceremonies within the Motuan Coastal villages.

The state government has injected $134 million to attract new companies to Collie as a part of the Collie Industrial Transition Fund. International supermarket chain Aldi has renewed its curiosity in Captain Stirling Shopping Centre in Nedlands, submitting a recent $12 million application for the positioning. ASX and LSE-listed GreenX Metals shares have soared off the back of the company successful $490 million in compensation and curiosity from the Republic of Poland.

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