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In help 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 twenty seventh 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 important function of small companies in the nation’s economic improvement in his keynote tackle, as he expressed gratitude to participants for their contributions to the country’s progress.

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This occasion, held as 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. The exhibition provided a possibility to explore the fascinating history of PNG forex and its distinctive place within the nation’s growth. Displaying cultural richness and variety, attendees have been reminded of the significance of foreign money as a mirrored image of PNG identification, values, and traditions. The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and formally declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to face before you at present as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic history as a half of the Bank’s fiftieth anniversary celebrations,” Governor Genia stated.

The Minister’s imaginative and prescient is to see this initiative broaden across all 22 provinces, empowering local communities and enhancing the tourism landscape in Papua New Guinea. The middle goals to supply important training, registration, and help for native artisans, tour operators, and different small stakeholders within Business News the tourism business. The TPA will present necessary assistance to assist small companies to develop. Governor Parkop congratulated the Minister and the National Cultural Commission on their efforts. He emphasized the potential of small stakeholders within the tourism industry, including carvers and crafters.