{"id":2119,"date":"2026-01-28T14:24:53","date_gmt":"2026-01-28T14:24:53","guid":{"rendered":"https:\/\/export.themeruby.com\/tf01\/today\/?p=2119"},"modified":"2026-01-28T14:25:23","modified_gmt":"2026-01-28T14:25:23","slug":"5-things-to-know-before-the-stock-market-opens-monday","status":"publish","type":"post","link":"https:\/\/grants.zimadtech.com\/home\/2026\/01\/28\/5-things-to-know-before-the-stock-market-opens-monday\/","title":{"rendered":"Sir Julius on K100 note. Late founding father\u2019s legacy honoured"},"content":{"rendered":"\n<p class=\"has-drop-cap wp-block-paragraph\">LADY Stella Chan was all smiles yesterday as she unveiled the country\u2019s new K100 note, which features the face of her late husband, Sir Julius, in honour of his legacy.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>Sir Julius was given the commemorative tribute by the institution that he played a pivotal role in establishing \u2013 the central bank (Bank of Papua New Guinea) \u2013 three days before the first anniversary of his death.\u00a0<\/p><\/blockquote><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">BPNG governor Elizabeth Genia said the new note became legal tender from yesterday. It will be in circulation today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis is not simply a decoration. It has meaning,\u201d Genia said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe have produced a bank note that reflects the qualities that define Sir Julius\u2019 public life, care, discipline and respect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAs our highest denomination, the K100 carries weight as it moves through every part of our economy, trusted to tell a story about who we are.\u201d<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1.jpeg\" alt=\"\" class=\"wp-image-4149\" srcset=\"https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1.jpeg 1024w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1-300x225.jpeg 300w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1-768x576.jpeg 768w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1-280x210.jpeg 280w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1-560x420.jpeg 560w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1-450x338.jpeg 450w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Legacy-1024x768-1-780x585.jpeg 780w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong>Note Printing Australia chief executive officer Malcolm McDowell, Lady Stella Chan, Prime Minister James Marape and BPNG governor Elizabeth Genia during the launching of the new K100 note at The Stanley Hotel and Suites in Port Moresby yesterday. \u2013 Nationalpic by KENNEDY BANI<\/strong><\/figcaption><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Without website navigation, your visitors can\u2019t figure out how to find your blog, your email signup page, your product listings, pricing, contact information, or help docs.<\/p>\n\n\n\t\t<aside class=\"rb-related is-dark-style is-light-text\">\r\n\t\t\t<div class=\"rb-related-header h3\">Also in This Issue<\/div>\r\n\t\t\t<div class=\"rb-related-content rb-row rb-n15-gutter\">\r\n\t\t\t\t\t\t\t\t\t<div class=\"rb-col-t6 rb-col-m12 rb-p15-gutter\">\r\n\t\t\t\t\t\t<div class=\"rb-related-el\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"p-feat\">\r\n\t\t\t\t\t\t\t\t\t<span class=\"rb-iwrap pc-75\"><img decoding=\"async\" width=\"280\" height=\"152\" src=\"https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2026\/02\/4N4TT58_image_crop_88957-1-280x152.jpeg\" class=\"attachment-pixwell_280x210 size-pixwell_280x210 wp-post-image\" alt=\"\" \/><\/span>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t<span class=\"related-title h6\">Future of PNG superannuation depends on informed decisions: Nasfund<\/span>\t\t\t\t\t\t\t<a class=\"related-link\" href=\"https:\/\/grants.zimadtech.com\/home\/2026\/02\/12\/future-of-png-superannuation-depends-on-informed-decisions-nasfund\/\" title=\"Future of PNG superannuation depends on informed decisions: Nasfund\"><\/a>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\t<div class=\"rb-col-t6 rb-col-m12 rb-p15-gutter\">\r\n\t\t\t\t\t\t<div class=\"rb-related-el\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"p-feat\">\r\n\t\t\t\t\t\t\t\t\t<span class=\"rb-iwrap pc-75\"><img decoding=\"async\" width=\"280\" height=\"152\" src=\"https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2026\/02\/images-3-280x152.jpeg\" class=\"attachment-pixwell_280x210 size-pixwell_280x210 wp-post-image\" alt=\"\" \/><\/span>\r\n\t\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t<span class=\"related-title h6\">NCDC to resettle people at planned sites, says Parkop<\/span>\t\t\t\t\t\t\t<a class=\"related-link\" href=\"https:\/\/grants.zimadtech.com\/home\/2026\/02\/12\/ncdc-to-resettle-people-at-planned-sites-says-parkop\/\" title=\"NCDC to resettle people at planned sites, says Parkop\"><\/a>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t<\/div>\r\n\t\t<\/aside>\r\n\t\t\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u201cThe bank was to be professional, credible and uniquely our own.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reverse side of the note features a New Ireland shark-caller, a Lagatoi, Kina shell necklace and a Toea shell armband.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Genia paid tribute to Sir Julius, the country\u2019s first finance minister, and one of the founding fathers of the nation, saying it was only fitting to the legacy he had left behind.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cFor the Bank of PNG, Sir Julius is not only a national leader, he is foundational to our institution,\u201d she said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIn 1973, as the first minister for internal finance, Sir Julius led negotiations to ensure that PNG would establish not just a<br>bank, but an independent central bank.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"856\" src=\"https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Lady-Stella-Chan-1024x856-1.png\" alt=\"\" class=\"wp-image-4150\" srcset=\"https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Lady-Stella-Chan-1024x856-1.png 1024w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Lady-Stella-Chan-1024x856-1-300x251.png 300w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Lady-Stella-Chan-1024x856-1-768x642.png 768w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Lady-Stella-Chan-1024x856-1-450x376.png 450w, https:\/\/grants.zimadtech.com\/home\/wp-content\/uploads\/2022\/06\/Lady-Stella-Chan-1024x856-1-780x652.png 780w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><strong>Bank of Papua New Guinea governor Elizabeth Genia with Lady Stella during the launching. \u2013 Nationalpics by KENNEDY BANI<\/strong><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHe understood that our ability to define our own value was fundamental for independence.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">She also thanked Note Printing Australia for its support over the years, especially with the new commemorative notes and coins to be used in PNG.<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Prime Minister James Marape said it was a privilege to have been mentored by Sir Julius during the start of his own political career.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI had a personal relation with Sir Julius,\u201d Marape said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHe first endorsed me in 2002 (general election).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHe was the one who crafted me into politics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt is a pleasure and privilege for us to honour him.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHe was a great man and deserves to be on this new note.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, a traditional New Ireland ceremony led by the maimai was accorded to the Government for its recognition of Sir Julius Chan on the new K100 note.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Toea Chan, the youngest son of Sir Julius, spoke on behalf of the family to acknowledge the support of the people and Government for their late father.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cSir Julius was the last man standing of a generation gone, but will always be in our hearts with this recognition,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cYour support has been a constant source of strength for our family.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThank you all for everything.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LADY Stella Chan was all smiles yesterday as she unveiled the country\u2019s new K100 note, which features the face of her late husband, Sir Julius, in honour of his legacy. Sir Julius was given the commemorative tribute by the institution that he played a pivotal role in establishing \u2013 the central bank (Bank of Papua [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[90],"tags":[],"class_list":["post-2119","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/posts\/2119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/comments?post=2119"}],"version-history":[{"count":2,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/posts\/2119\/revisions"}],"predecessor-version":[{"id":4154,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/posts\/2119\/revisions\/4154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/media\/4153"}],"wp:attachment":[{"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/media?parent=2119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/categories?post=2119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/grants.zimadtech.com\/home\/wp-json\/wp\/v2\/tags?post=2119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}