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Showing posts with the label Wage and Salary

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 JOBS: TRAVEL OFFICER POSITION VACANT - St Barbara

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TRAVEL OFFICER Location: New Ireland, Papua New Guinea Industry: Airline / Airport / Travel Job ID: #15271 Date Posted: 2nd November 2022 Source: www.pngworkforce.com Job Summary Travel Officer We are currently seeking to recruit a Travel Officer to join our highly dynamic workforce within our Simberi Operations Island in New Ireland Province. The Role Reporting to the Travel Supervisor, this position will support the Travel team in managing rosters, flights, accommodation and travel movements for all personnel travelling to and from the Simberi mine site. This is an exciting time to join Simberi & St Barbara as we embark on our ā€œBuilding Brillianceā€ journey to transform the business and deliver sustainable value. This is a FIFO position; the roster is a 15/13 roster. Point of Hire is restricted to Kavieng/Rabaul/Port Moresby/Lae/Mt Hagen or Tabar group of Islands. (Locals are encouraged to apply) Key responsibilities include: Ensuring own Health & Safety as well as that of all...

PNGā€™s minimum wage

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PNG's minimum wage by   Stephen Howes ,  Kingtau Mambon  and  Kelly Samof September 28, 2022 The urban minimum wage has been an important part of Papua New Guinea's economic history. In the last few years before independence (in 1975), it was greatly increased. In the decade or so after independence, it was widely regarded as too high. In 1992, it was slashed, merged with the rural minimum, and hardly increased again for more than a decade. We can compare the minimum wage in PNG today with other Asia and Pacific developing countries using International Labour Organization (ILO) data.  As Figure 1 shows, PNG's minimum wage is 18% below the average of the 19 countries shown if the market exchange rate is used to compare minimum wages.  It is 37% below the average if differences in cost of living are also taken into account (with conversions made on the basis not of market exchange rates but so-called purchasing power parities or PPPs).  The greater diffe...

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

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