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The Impact of Regulatory Changes on Business

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This event, held as a part 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 on the National Museum & Art Gallery in Port Moresby. The exhibition offered a chance to explore the fascinating history of PNG foreign money and its distinctive place within the nation’s development. Displaying cultural richness and diversity, attendees were reminded of the importance of foreign money as a mirrored image 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.

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He emphasised the potential of small stakeholders within the tourism business, including carvers and crafters. “This incubation heart will help many individuals within the metropolis, particularly these working independently,” Parkop stated. Hon Parkop also counseled the collaborative spirit amongst stakeholders, saying, “We will name for partnerships to ensure the success of this middle,” adding that this initiative is just the start of a bigger journey to empower the local tourism sector. For additional details about the Tourism Business Incubation Center and upcoming packages, please contact the PNG Tourism Promotion Authority. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s wealthy financial history and the fiftieth anniversary of Papua New Guinea’s forex.