Business The New York Occasions

Indonesia, our closest neighbour, has efficiently navigated this path and is now a formidable participant on the global stage. He revealed that two Indonesian firms have expressed interest in multi-billion kina rice and recycling projects in PNG, with proposals underneath review for approval by the National Executive Council . “This marks the start of a new era for PNG as we shift our trade and funding Business News focus to Indonesia,” Minister Maru concluded. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s wealthy financial historical past and the fiftieth anniversary of Papua New Guinea’s forex. This occasion, held as a part of the Bank’s 50th anniversary celebrations, coincides with the upcoming fiftieth anniversary of PNG’s independence in 2025.