Governor Genia expressed the Bank’s ongoing dedication to sustaining trust and confidence in physical foreign money, whilst world trends shift in path of digital currencies and electronic funds. “This exhibition offers a novel opportunity to reflect and recognize how far we now have come and to assume about how we can proceed to honour our heritage whereas embracing the future,” she mentioned. The exhibition was designed to take attendees on a journey through PNG’s historical past, showcasing pictures of uncommon artefacts, coins, and notes which have formed the country’s economic system. The launch was attended by distinguished friends, companions, stakeholders, the workers and administration of BPNG, and the media. Santos has introduced the signing of a mid-term LNG supply contract with Glencore Singapore Pte Ltd . The contract involves supplying 19 LNG cargoes, or as a lot as approximately zero.5 million tonnes of LNG per annum over a interval of three years plus one quarter.
The Bangladesh Bank yesterday shaped a six-member taskforce to carry out reform initiatives in the country’s banking sector. People are grappling with excessive inflation because of the recent injection of Tk 60,000 crore into the market by Sheikh Hasina’s authorities, Prof Muhammad Yunus, chief adviser to the interim authorities, stated yesterday. National Bank, Islami Bank Bangladesh and Social Islami Bank have utilized Business News to the Bangladesh Bank for its assure to avail a complete of Tk 6,800 crore in liquidity support via the inter-bank cash market for a interval of three months. The Government has unveiled a “new and improved” deal to assist the transition to a greener means of manufacturing steel at the nation’s biggest steel plant.
