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The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a display celebrating the nation’s rich financial historical past and the fiftieth anniversary of Papua New Guinea’s currency. 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. 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 historical past of PNG foreign money and its unique place within the nation’s growth. Displaying cultural richness and diversity, attendees were reminded of the importance of foreign money as a mirrored image of PNG identification, values, and traditions.
Santos has introduced the signing of a mid-term LNG provide contract with TotalEnergies Gas & Power Asia Private Limited . The contract entails the availability of 20 LNG cargoes, or as much as approximately zero.5 million tonnes of LNG per annum, over a period of three years plus one quarter. The contract will begin in Q4 2025, with LNG being equipped from Santos’ global portfolio of world-class LNG property on a delivered ex-ship basis. Santos Managing Director and Chief Executive Officer Kevin Gallagher said the contract with TotalEnergies marks a model new LNG relationship for Santos, constructing on its existing three method partnership partnerships. Our portfolio is well-balanced over the quick to medium time period, with round eighty p.c of volumes listed to grease costs and about twenty % exposed to spot pricing,†Gallagher stated. “There continues to be extremely strong demand in Asia for high-heating-value LNG from initiatives such as Barossa and PNG LNG, as international locations give attention to decreasing their carbon emissions.
Published by Arena Holdings and distributed with the Financial Mail on the final Thursday of each month besides December and January. From a young age, the tech company chief has been pushed by a love of studying. Sharma styled himself as a prolific firm founder and high-flying businessman. A new report reveals only 57% of Australia and New Zealand leaders have a clear understanding of their tech expenses. The FMA’s have to court docket approval for liquidity threat tips is attention-grabbing timing.
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OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment RoundThe San Francisco firm is gathering the billions its executives believe they might want to proceed constructing new A.I. U.S. Outlines Google Search Changes It’s Weighing in Antitrust CaseThey include making Google’s information out there Business News to rivals and forcing it to interrupt off components of the company, the Justice Department stated in a court docket submitting. Emtek to acquire Bank Fama in $63 million deal The media conglomerate plans to diversify into finance.
News and analysis on business, cash and jobs from Munster and beyond by our skilled group of business writers. Cork plant hire firm acquired in a deal price €33m Key members of the CPH senior management group will retain a minority curiosity and remain with the business. A particular flight carrying 70 Pakistani nationals, evacuated from Lebanon, arrived in Karachi on Wednesday. After the growth in enterprise capital funding, the local startup scene entered a “funding winter,†with 2023 being…
Consumer confidence, retail sales recover from Delta influence As the year-end vacation season approaches, the 2 indicators level to elevated family spending, which has long been a key driver of financial activity in the country. Latest information and analysis on the financial system, business performance and regulation, business offers, corporate earnings, and markets in the Philippines and around the globe. It was supposed to be about artificial intelligence, but with the presence of Rep. Joey Salceda at the Monday Circle’s bi-weekly business discussion board, he shortly demonstrated that AI know-how still has a lot to…