Companies in Papua New Guinea

Teachers Savings and Loan Society Limited ‘TISA’ established in 1972 is the Credit Union for Teachers and Government employees. TISA is the largest Credit Union in Papua New Guinea and the Pacific, with investments in banking, insurance and properties. With branch office presence in 17 regional centers around the country, TISA provides an avenue for registered teachers, employees of Government departments, State Authorities and State Owned Entities to be actively involved in savings and to assist with affordable loan products. With the new Savings and Loan Act 2015, TISA is looking to expand its market to include the private sector and other business houses in the near future. As stated in our vision statement, the Society stands “Not for Profit, Not for Charity, But for Service” and in the last few years TISA has put in the efforts to remain true to its vision and mission statement to review and promote polices that address the financial burdens of its members while educating them in responsible savings and sustainable borrowing behavior. Embracing the digital era, TISA is progressively utilizing electronic channels to reach our members being the first Savings and Loan society to offer its members the YUMI debt card for members easy access to funds. TISA continues to work towards assisting its members access our service with ease and convenience through e-channels for self-serve, supported by our 24/7 helpdesk to consult our talented team when queries arise. TISA has the mandate to be custodians of our members’ funds and therefore trust from our members and the wider community is of paramount importance to us. Our stringent check and balance policies with guided system provides, and in cases, demands service that reflects quality assurance, relevance, growth, sustainability and overall sense of accountability from us to our members and the wider community.

Monier Limited was established in Papua New Guinea in 1958 and purchased by the late Sir Theophilus (George) Constantinou in 2005 and now owned and operated by the Constantinou family. Since then Monier has made significant investment in growing capacity and capability to meet the substantial growth and complexity in construction demands in PNG. Monier is an integrated business whose operation are mostly self sufficent. It does not rely on outside sourcing for majority of its critical raw materials or for its manufacturing. The company is fully self- sufficient in coarse and fine concrete aggregates, and it importd all cement requirements direct from the manufacturer. Monier manufactures and distributes a wide range ofconstrction materials and building products including: ready mix concrete, quarry materials, reinforced concrete pipes, precast and pre-stressed concrete structural and or architectural elements, masonry block wall systems and pavers. The company makes sure to up to its creed: 'The Mark of Quality. Monier directly employs in excess of 350 people in Port Moresby and has established strong brand recognition and a reputation for quality of products and services throughout Papua New Guinea. Monier is a significant contributor to local communities and proudly supports groups who demonstrate a commitment to improving the standards of education and health in PNG. Monier offers a range of high quality products to suit the commercial, industrial and domestic sectors. Major construction or small domestic requirements for concrete and quarry products, Monier is there for you. Our focus on quality and customer service differentiates us from others in the industry.

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