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Indonesia, our closest neighbour, has successfully navigated this path and is now a formidable participant on the global stage. He revealed that two Indonesian corporations have expressed interest in multi-billion kina rice and recycling projects in PNG, with proposals under evaluate for approval by the National Executive Council . “This marks the beginning of a model new era for PNG as we shift our commerce and investment focus to Indonesia,” Minister Maru concluded. The Bank of Papua New Guinea officially launched the Kina and Toea Exhibition, a show celebrating the nation’s rich economic history and the fiftieth anniversary of Papua New Guinea’s forex. This event, held as part of the Bank’s fiftieth anniversary celebrations, coincides with the upcoming fiftieth anniversary of PNG’s independence in 2025.

Gojek, Grab, Bluebird lead way for EV adoption in Indonesia By replacing part of their fleets with electric vehicles, ride-hailing and taxi corporations may create the crucial mass in charging station demand to trigger widescale EV use in Indonesia. Big Oil in Indonesia will get in on carbon capture Pertamina, ExxonMobil, BP and Repsol are among the many firms venturing into carbon capture tasks in Indonesia. “Indonesian medical biotech skills engage with global Business News analysis community” Advances in medical biotechnology have proven fast improvement, especially with the pandemic that has threatened humanity over the past 12 months and a half. Global chip crunch stunts Indonesia automobile sales restoration Automakers see the semiconductor shortage as stopping them from totally using a brief tax reduce on new cars to recuperate gross sales to prepandemic levels.