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“This incubation middle will help many individuals within the city, particularly these working independently,” Parkop stated. Hon Parkop also counseled the collaborative spirit amongst stakeholders, saying, “We will call for partnerships to ensure the success of this center,” adding that this initiative is just the start of a bigger journey to empower the native tourism sector. For additional details about the Tourism Business Incubation Center and upcoming programs, please contact the PNG Tourism Promotion Authority. The Bank of Papua New Guinea formally launched the Kina and Toea Exhibition, a show celebrating the nation’s rich economic history and the 50th anniversary of Papua New Guinea’s currency. This event, held as a part 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.

In support of small and medium enterprises in the tourism sector, the PNG Tourism Promotion Authority and the Ministry of Tourism, Art and Culture formally launched the Tourism Business Incubation Center on September 27th in Port Moresby. Key figures, together with the Minister for Tourism, Arts, and Culture, Hon. Belden Namah, TPA CEO Eric Mossman Uvovo, National Cultural Commission CEO Steven Enomb Kilanda, and NCDC Governor Hon. Namah emphasized the very important position of small businesses within the nation’s economic development in his keynote address, as he expressed gratitude to participants for his or her contributions to the country’s progress. Namah reflected on the necessity for financial independence, acknowledging the political foundation laid by the country’s founding fathers. The Minister acknowledged the proactive efforts of the Governor of the nation’s capital, highlighting Hon.

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This service might embody materials from Agence France-Presse , APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we stay, be taught, and work. Get the newest ABC News delivered to your e-mail inbox every morning and afternoon. Australian Bureau of Statistics data reveals approvals for dwellings in Australia has fallen 6.1 per cent, with the most important drop for approvals in medium and high-density homes. Housing specialists say the decline is being brought on by rising building costs and elevated risk.

The country’s factory output development slowed sharply in August as the production of meals, electronics and petroleum products… I was reading a thread on X a few days ago by a company CEO in Silicon Valley on what he is in search of in making new hires. Eight days from now, P30 billion in sleeping Philippine Health Insurance Corp. funds might be returned to state coffers. The Gokongweis are making an enormous bet on the expansion potential of home travel as their price range provider Cebu Pacific has purchased…

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