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He underscored the need for regulatory frameworks to guard PNG’s cultural heritage, advocating for the patenting of local designs and products to make sure they’re authentically represented. Namah confused the importance of marketing PNG’s tourism internationally and the need for increased government investment in the sector. “If we wish to join PNG, we must also prioritize tourism alongside agriculture, forestry, and fisheries,” he concluded. The Minister’s imaginative and prescient is to see this initiative increase across all 22 provinces, empowering native communities and enhancing the tourism landscape in Papua New Guinea.

The launch was attended by distinguished guests, companions, stakeholders, the staff and management of BPNG, and the media. Santos has announced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the supply of 20 LNG cargoes, or as much as roughly 0.5 million tonnes of LNG each year, over a period of three years plus one quarter. The contract will start in Q4 2025, with LNG being provided from Santos’ international portfolio of world-class LNG property on a delivered ex-ship basis.

The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a display celebrating the nation’s rich economic history and the 50th anniversary of Papua New Guinea’s forex. This event, held as a 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 at the National Museum & Art Gallery in Port Moresby.

The Brazilian Supreme Court’s Justice Alexandre de Moraes on Tuesday licensed the restoration of social media platform X´s service in Brazil, over a month after its nationwide shutdown, according to a press release posted on the court’s web site. Monitor native news media, National Weather Service,catastrophe.pinellas.gov, Facebook @StPeteFL, X @StPeteFL and IG @StPeteFL. Check for updates at least each 6-12 hours as storm forecasts and steering can change shortly. Get a quick on the highest business stories of the week, plus CEO interviews, market updates, tech and cash news that issues to you.

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