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The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s wealthy economic history and the fiftieth anniversary of Papua New Guinea’s foreign money. This occasion, held as part 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 on the National Museum & Art Gallery in Port Moresby. The exhibition offered a chance to discover the fascinating history of PNG foreign money and its distinctive place in the nation’s improvement.

The latest interest rate reduce by the United States Federal Reserve presents opportunities and challenges for central… After the growth in enterprise capital funding, the local startup scene entered a “funding winter,” with 2023 being… This material will not be revealed, broadcast, rewritten, redistributed or derived from. Unless otherwise said, all content material is copyrighted © 2024 The Express Tribune. The two worldwide tournaments the Philippine Squash Academy is internet hosting would be the main level of dialogue within the Philippine Sportswriters Association Forum on Tuesday, October eight, on the conference corridor of the Rizal Memorial Sports Complex.

Shells, notably the Kina and Toea, weren’t solely mediums of trade but also symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money also represented social standing, and it was used in marriages, deaths, and different important ceremonies and events,” Genia explained. The arrival of colonisers marked a turning level in the country’s economic historical past, leading to the introduction of up to date currencies on 19 April 1975. “These modern currencies served as each economic instruments and national emblems of our independence and unity as a nation,” Genia noted. She provided 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 regions.

Parkop’s commitment to inclusive participation and the promotion of tourism, arts, and culture. Namah’s appointment, notably concerning the well-known Kokoda Trail. Namah additionally praised the leadership of Uvovo at TPA and Kilanda on the development of the first draft policy for arts and culture, and expressed enthusiasm for ongoing discussions round tourism coverage. “Tourism, art, and culture are inclusive industries,” the minister asserted. “They present pathways for wealth creation and empower our communities.” He called for government support to allow local initiatives, noting that even small actions can result in vital change.

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