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“It is an honour to face before you today as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic history as part of the Bank’s 50th anniversary celebrations,” Governor Genia mentioned. She highlighted that the event is particularly important as it precedes the fiftieth anniversary of both the nation’s currency and the nation itself. Governor Genia additionally introduced the Bank’s Vision 2050, launched in line with the anniversary celebrations. Shells, significantly the Kina and Toea, were not solely mediums of commerce but also symbols of wealth, social status, and cultural practices. “Deeply embedded in our traditions and cultural practices, shell money also represented social standing, and it was utilized in marriages, deaths, and different important ceremonies and events,” Genia explained. The arrival of colonisers marked a turning point in the country’s economic history, leading to the introduction of latest currencies on 19 April 1975.

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Even as the Philippines and China’s maritime dispute heats up, distancing from Beijing is in all probability not in Manila’s greatest pursuits due to the economic benefits and strategic leverage that the relationship presents. The Financial Markets Authority surveyed banks, monetary advisors and insurance companies to determine how AI is being used in the sector. The Institute of Chartered Accountants of Bangladesh yesterday awarded 22 listed and non-listed corporations across 13 different sectors for presenting the most effective Business News annual stories, built-in reporting, and corporate governance disclosures. Universal College Bangladesh, a pioneering international training supplier in the nation, signed a memorandum of understanding with Eastern Bank PLC with a vision to bridge the gap between trade and academia. The Bangladesh Securities and Exchange Commission will go harder on brokerage homes that have a deficit of their consolidated prospects account in an effort to bring extra self-discipline to the country’s stock market.

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Published by Arena Holdings and distributed with the Financial Mail on the final Thursday of each month besides December and January. The week’s finest tales, handpicked by BBC editors, in your inbox every Tuesday and Friday. Kamala Harris and Donald Trump shook hands once more on Wednesday at the event, hours after their debate showdown. As NYC turns four hundred, top-of-the-line ways of understanding what propelled town’s astronomical development is by paddling the rivers that constructed it. Lael Wilcox arrives in Chicago 108 days and 12 hours after setting off to cycle 18,000 miles.