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Santos Managing Director and Chief Executive Officer Kevin Gallagher noted that the contract with Glencore extends their existing robust business relationship and presents a priceless alternative for both corporations to leverage their expertise in Asian LNG markets. “This oil-indexed contract, together with a long-term LNG Sales and Purchase Agreement with Hokkaido Gas in Japan, highlights Santos’ robust LNG portfolio position and customer relationships in the area. There continues to be sturdy demand in Asia for high heating worth LNG from tasks such as Barossa and PNG LNG. Santos is dedicated Business News to supporting the vitality security of our valued customers across Asia,” Mr Gallagher mentioned. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s rich financial historical past and the 50th anniversary of Papua New Guinea’s forex. This event, held as part of the Bank’s 50th 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 at the National Museum & Art Gallery in Port Moresby.

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Donalds’ failure to properly report up to $1.6 million in inventory trades is notable, given his assist for a stock buying and selling ban. Pavel Durov spoke for the first time since his arrest, calling it a “misguided method” to fight the spread of illicit content on Telegram. Family Dollar plans to close no much less than 600 locations in 2024, and different retail chains are shutting down stores for a big selection of reasons. Musk has lately been more vocal about supporting Republicans, but he is donated to lawmakers from both events going back to the early 2000s. A federal judge sentenced an American Airlines mechanic to nine years for trying to smuggle 25 pounds of cocaine value $250,000 into the US.

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“This exhibition supplies a unique opportunity to replicate and recognize how far we have come and to consider how we can proceed to honour our heritage while embracing the long run,” she said. The exhibition was designed to take attendees on a journey by way of PNG’s historical past, showcasing photographs of uncommon artefacts, coins, and notes which have shaped the country’s financial system. The launch was attended by distinguished guests, companions, stakeholders, the employees and administration of BPNG, and the media. In late August, seventeen ExxonMobil trainees graduated in a ceremony held on the Kumul Petroleum Academy at Idubada.

U.S. consumer costs increased modestly in August, persevering with a pattern of slowing inflation that has brought the annual fee to its lowest stage since February 2021. According to the most recent knowledge from the Bureau of Labor Statistics, the Consumer Price Index rose by zero.2% for the month, in line with expectations, and the annual inflation rate eased to 2.5%, down from 2.9% in July. This marks a major retreat from the inflation peak of mid-2022 when the rate surged to 9%. Indosat Ooredoo, Google Cloud to ramp up SMB digitalization Indosat Ooredoo and Google have introduced a brand new strategic partnership to speed up digital transformation throughout shopper and enterprise segments within the nation by focusing on small and medium companies .

Author: Haris