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“This incubation center will help many people within the city, especially these working independently,” Parkop said. Hon Parkop additionally recommended the collaborative spirit among stakeholders, saying, “We will name for partnerships to ensure the success of this middle,” including that this initiative is just the beginning of a bigger journey to empower the native tourism sector. For further details about the Tourism Business Incubation Center and upcoming programs, please contact the PNG Tourism Promotion Authority. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a display celebrating the nation’s wealthy financial history and the 50th anniversary of Papua New Guinea’s foreign money. This event, held as a half of the Bank’s 50th anniversary celebrations, coincides with the upcoming fiftieth anniversary of PNG’s independence in 2025. The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to six September 2024 on the National Museum & Art Gallery in Port Moresby.

In support 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, including 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 emphasised the important position of small companies within the nation’s economic development in his keynote address, as he expressed gratitude to participants for his or her contributions to the country’s progress. Namah reflected on the need for financial independence, acknowledging the political basis laid by the country’s founding fathers. The Minister acknowledged the proactive efforts of the Governor of the nation’s capital, highlighting Hon.

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