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Showing posts from December, 2022

PAPUA NEW GUINEA NEWS, FACTS, INFORMATION, STORIES AND INSPIRATIONS

Analyzing the key factors contributing to BSP Limited's sustained success in the banking sector of Papua New Guinea.

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Analyzing the key factors contributing to BSP Limited's sustained success in the banking sector of Papua New Guinea.   The Secrets Behind BSP Limited's Market Dominance CASE STUDY OF BSP LIMITED'S SUCCESS by Ismael Long -success leaves clues- This is why BSP Limited has dominated the market share for many years Bank South Pacific Limited (BSP) , Papua New Guinea's largest bank, has maintained its dominance in the market share for many years. Its consistent success stems from several key factors that set it apart from competitors. 1. Extensive branch network BSP has the most extensive branch network across Papua New Guinea, including remote and rural areas where other banks have little or no presence. By making banking accessible to the majority of the population, BSP captures a larger customer base and builds loyalty through convenience. 2. Innovative products and services The bank continually adapts to market demands by introducing innovative financial products such a...

PNG CUSTOMS EXCEEDS BUDGET PROJECTIONS BY K500 MILLION IN TAX REVENUE COLLECTIONS

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 PNG CUSTOMS EXCEEDS BUDGET PROJECTIONS BY K500 MILLION IN TAX REVENUE COLLECTIONS It gives me great pleasure to announce that PNG Customs Service collected K465 million plus (14%) in tax revenues in excess of its supplementary budget target of K3,077.78 million for fiscal year 2022 as at week ending 16th  December 2022. This figure also included log and fuel levies collected. This amount is set to increase up to more than K500 million in excess of the budget target when collections for the remaining two weeks are added. This is unprecedented and a great achievement for PNG Customs as it is the highest surplus revenue that Customs has ever collected to date in a single year compared to other years when Customs also exceeded revenue projections. We commenced the year with the theme ā€˜2022 The Year of Elevationā€™ aimed at sustaining and building on from the success in the 2021 financial year. This provided the impetus and drove us to achieve this great growth result. The K3,502.80...

Cufa is seeking an eager and highly motivated Project Officer to support our Children financial Literacy project in Port Moresby.

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Cufa is seeking an eager and highly motivated Project Officer to support our Children financial Literacy project in Port Moresby. If you think you are the right candidate. Kindly submit your EoI to: jobs@cufa.org.au Click Download Job Announcement in PDF here

Dr Lino Tom has confirmed that medicines and vital drugs to be sourced directly from pharmaceutical factories without the involvement of any third parties distribution companies starting 2023

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Dr Lino Tom has confirmed that medicines and vital drugs will be sourced directly from pharmaceutical factories without the involvement of any third parties distribution companies starting next year PROCUREMENT OF MEDICINES AND DRUGS TO BE SOURCED DIRECTLY  By Mortimer Yangharry  Wabag Open MP and Minister for Health Dr Lino Tom has confirmed that medicines and vital drugs will be sourced directly from pharmaceutical factories without the involvement of any third parties distribution companies starting next year.  The medical surgeon turned politician assured the nation that this measure was taken to save costs and to ensure the quality of basic medicines and vital drugs was not compromised. Minister Tom said that since 2020 health has seen an increase in its budget by about 30%.  "Even then, itā€™s not the ideal level we envisage but in terms of appropriation per sector, we have gotten the biggest slice, thanks to PM Marape and treasurer  Ian Ling Stuckey," Minis...

PNG Prime Minister Welcomes Bank of China to Set Up Office in Papua New Guinea.

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PM MARAPE WELCOMES PLANS BY BANK OF CHINA TO SET UP OFFICE IN PNG Sunday Bulletin, Monday, December 26th, 2022 Prime Minister, Hon. James Marape met with the officials from the Bank of China on Wednesday, December 21, 2022, and welcomed their plans to extend their Representative Office license which they obtained from the Bank of Papua New Guinea (BPNG).  PM Marape has also encouraged the Bank of China to apply for a full commercial banking license from BPNG to set up and operate a full banking network in PNG.  The Bank of China operates in 60 countries around the world and is the worldā€™s fourth biggest banking group. It has a diverse portfolio of investments which also includes investments in airline companies.  ā€œIt will be a very significant boost to have such a high-profile and highly-respected global banking group enter the PNG market to not only serve PNG, but also the South Pacific Region with Port Moresby as its regional headquarters,ā€ PM Marape said, ā€œMy Governmen...

PNG TEACHERSā€™ SAVINGS AND LOANS SOCIETY (TISA) TO BECOME A COMMERCIAL BANK IN PAPUA NEW GUINEA

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Prime Minister Hon. James Marape has welcomed the decision by Bank of Papua New Guinea (BPNG) to issue a provisional license to the Teacherā€™s Savings and Loans Society (TISA) to set up a fully-fledged commercial banking operation in PNG. PM MARAPE WELCOMES TEACHERSā€™ SAVINGS AND LOANS SOCIETY AS A COMMERCIAL BANK by  Luksave imas stap oltaim , Tuesday December  27th, 2022. Prime Minister Hon. James Marape has welcomed the decision by Bank of Papua New Guinea (BPNG) to issue a provisional license to the Teacherā€™s Savings and Loans Society (TISA) to set up a fully-fledged commercial banking operation in PNG. ā€œWe would like a local bank with share offering to ordinary Papua New Guineans, mothers and fathers and to our grassroot population to be set up as soon as possible,ā€ he said. ā€œWe need truly Papua New Guinean banks which are owned by our people and are committed to better serve our people. ā€œI await with keen eagerness to see the Teachers Savings and Loan Society formally obta...

Career Opportunity for Graduates - Start your career with PNG's National Petroleum and Energy Company

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Calling all Graduates!! šŸŽ“šŸŽ“ Start your career with PNG's national petroleum & energy company. Applications are now open for Kumul Petroleum's 2023 Graduate Development Programme! We're seeking eager graduates to apply from the following disciplines: šŸ‘‰šŸ¾ Drilling Engineering šŸ‘‰šŸ¾ Petroleum Engineering šŸ‘‰šŸ¾ Project Engineering šŸ‘‰šŸ¾ Civil Engineering šŸ‘‰šŸ¾ Geology šŸ‘‰šŸ¾ Geophysics šŸ‘‰šŸ¾ Geographic Information Systems (GIS) šŸ‘‰šŸ¾ HSE šŸ‘‰šŸ¾ Finance & Accounting Find out more about our eligibility criteria and apply today!  ClickšŸ‘‰šŸ¾  Apply 2023 Graduate Development Programme Now!

iPi Transport Positions Vacant - Highway Drivers, Auto Electrician, Parts Pick up Driver, Truck Workshop Shift Supervisor, and Panel Beater or Spray Painter

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POSITIONS VACANT  iPi Transport Positions Vacant - Highway Drivers, Auto Electrician, Parts Pick up Driver, Truck Workshop Shift Supervisor, and Panel Beater or Spray Painter iPi Transport in Lae, is seeking Expressions of interest to fill the following vacant positions:  - Highway Drivers  - Auto Electrician  - Parts Pick up Driver  - Truck Workshop Shift Supervisor  - Panel Beater / Spray Painter Send your CV, Training & School Certificates and references to:  Human Resource Manager iPi Transport Ltd. PO Box 795 ā€“ Lae Morobe Province, PNG  Or  Hand Deliver to our Transport Admin Centre @ 10 Mile, Lae, Morobe Province Or  Email: jobs@ipigroup.com.pg Note :  EOI Applications sent on Email must have the Subject: JOB APPLICATION ā€“ EOI VACANT POSITIONS - iPi Transport Please also indicate in the email what position you are apply for. EOI Applications to be submitted before COB Sunday 31 December, 2022 or sooner. Repost from   ...

PNG Employment Opportunity with NBPOL - Oil Palm Graduate Field Cadets

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PNG Employment Opportunity with NBPOL - Oil Palm Graduate Field Cadets New Britain Palm Oil Limited (a wholly owned subsidiary of the Sime Darby Plantation Group) is the leading producer of Certified Sustainable Palm Oil in the Pacific Islands managing over 105,000 hectares of Oil Palm, Beef cattle and Sugar across its operations in Papua New Guinea (PNG) and the Solomon Islands. The company seeks to appoint self-reliant, resourceful and dedicated recent University Graduates seeking an exciting and challenging career working in an expanding management team in Papua New Guinea. The successful applicants will undergo a period of intensive management & technical training as part of a NBPOL Management Field Cadet Training Program and will be placed at an NBPOL Oil Palm Plantation Estate for further on the job training at one of the NBPOL sites. The NBPOL Oil Palm Field Cadet Recruitment Email:  nbpol.jobs@simedarbyplantation.com The deadline to receive emailed applications is 5pm o...

JOB OPPORTUNITY: Equally Playing Field is Looking For Talented Individuals to Join Their Incredible Youth Organisation

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JOB OPPORTUNITY: Equally Playing Field is Looking For Talented Individuals to Join Their Incredible Youth Organisation Hopeful that this can reach far and wide to reach the best talent that we are looking for to join our incredible youth organisation!

MARAPE-ROSSO GOVERNMENT IS MOVING PAPUA NEW GUINEA FORWARD BY PUTTING IN MORE MONEY FOR 2023 BUDGET

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MARAPE-ROSSO GOVERNMENT IS MOVING PAPUA NEW GUINEA FORWARD BY PUTTING IN MORE MONEY FOR 2023 BUDGET by Josh Nelson. GOVERNMENT IS PUTTING MORE MONEY FOR 2023 BUDGET. For 2023 budget, the Marape-Rosso Government is doing even better to help all people through the following interventions and more: ā€¢ Paying of schools fees for all students of all levels of education; ā€¢ No taxes for Papua New Guineans earning salary under K20,000.00; ā€¢ Put more money to buy more land and fix land issues for people's homes and businesses; ā€¢ Put more money to buy coffee, oil palm, cocoa, vanila, copra at better prices; ā€¢ Put more money to bring produces to market; ā€¢ Put more money for SME; ā€¢ Put more money for state equity for businesses and to assist businesses to grow; ā€¢ Put more money to build roads and infrustructure; ā€¢ Paying councilors' fortnightly salaries; ā€¢ Paying police their increases and recruiting new police; ā€¢ Give higher allocations to Judiciary and Magisterial Services; ā€¢ Building new...

60 Latest Opportunities: Global Citizen Prize, Deloitte One Young World Scholarship, Amazon Web Services Healthcare Accelerator, TechBridge Acceleration Programme and more

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60 Latest Opportunities: Global Citizen Prize, Deloitte One Young World Scholarship, Amazon Web Services Healthcare Accelerator, TechBridge Acceleration Programme and more From: Opportunity Desk <noreply@opportunitydesk.org> Sent: Sunday, 18 December 2022 at 03:50:57 am GMT+7 Subject: 60 Latest Opportunities: Global Citizen Prize, Deloitte One Young World Scholarship, Amazon Web Services Healthcare Accelerator, TechBridge Acceleration Programme and more Hello, champ! Here is your weekly update on the latest global opportunities and resources for you. This newsletter includes three new learning resources and 60+ opportunities: fellowships, scholarships, jobs, awards, competitions and more. What's done is done, what's gone is gone, one of life's lessons is always moving on. It's ok to look back and think of fond memories, but keep moving forward. ~ Roy Bennett   Global Fellowships (13) Global Agrifood Techpreneur Programme 2023 Amazon Web Servic...

Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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