“I’d like to thank TPA for its continued support all through the years, making this annual cultural pageant top-of-the-line in the nation,” mentioned Sir Ipatas. TPA’s CEO, Eric Mossman Uvovo highlighted the significance of the festival in reflecting the cultural richness of the Enga people. “The individuals of Enga have been through so much in the past few years, and it’s all the time lovely to see the colourful culture of the Enga people come alive by way Business News of this annual occasion,” said Uvovo. “Shows similar to this remind us of our proud culture, and it’s all the time an honour to see so many young faces proudly dressed of their traditional apparel and showing their tradition,” stated Uvovo. Bangladesh Submarine Cables PLC yesterday got approval to concern 2.21 crore ordinary shares in opposition to the government’s share money deposit of Tk 166 crore, which was provided when the corporate arrange its second submarine cable for rising internet bandwidth.
Indonesia, our closest neighbour, has efficiently navigated this path and is now a formidable participant on the global stage. He revealed that two Indonesian companies have expressed curiosity in multi-billion kina rice and recycling initiatives in PNG, with proposals under evaluate for approval by the National Executive Council . “This marks the start of a new period for PNG as we shift our commerce and investment focus to Indonesia,” Minister Maru concluded. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s rich economic historical past and the 50th anniversary of Papua New Guinea’s foreign money. This event, held as a half of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming 50th anniversary of PNG’s independence in 2025.