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