Post PNG Limited was created by virtue of the company’s Act, otherwise known as the Postal Company’s Act of 1996. Prior to the creation of Post PNG, the Postal Service was a division of the former Post & Telecommunication Corporation (PTC) established by the Government in 1982.
The company’s structure is made up of four revenue generating departments being Operations (Logistics and Retail), Financial Services, Property and Philatelic. These departments are supported by a Corporate Services department.
In June 2014, IPBC injected PGK 40 million into Post PNG for the purpose of securing its future as the state owned entity restructures its operations.
Post PNG, like many postal operations around the world is struggling as the traditional business model is affected by digitalisation and globalisation. Letter volumes in particular are in decline due to the use of technological innovations such as email (work and private), mobile phones, internet telephony (Skype) and fax machines.
The decline in addressed letter volumes has resulted in an urgent need to restructure the Post PNG business model in Papua New Guinea. The future is likely to be in the expansion of its Logistics business. Post PNG Logistics services include courier, parcels, container movement, customs clearance and nationwide distribution contracts such as the delivery of school books and health kits.
Post PNG has a total workforce of over 400 employees and offers a wide range of products and services to meet customers’ needs. Its nationwide network consisting of 39 Post Offices and 4 Agency Post Offices.
Learn More: http://www.postpng.com.pg
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