At the program's recent launch, Mr. Rajeev Sharma, Nasfund’s CEO, expressed gratitude to Theodist Limited and other supporters for backing over 2,000 employers across Papua New Guinea through this partnership. He emphasized the need for parity in benefits, acknowledging that while current benefits are member-centric, employers contributing a mandatory 8.4% do not enjoy similar advantages.

This initiative extends from the Nasfund Membership Discount Program and underscores Theodist's commitment as the leading retailer and supplier of office supplies in Papua New Guinea. Kumar Baliah, CEO of Theodist Limited, expressed appreciation to Nasfund for the trust bestowed upon Theodist as a partner in this program, offering a discount of up to 5% for participating employers.

Kumar highlighted the long-term economic benefits of the partnership, stating, "This partnership brings long-term economic benefits by creating a conducive environment for businesses to thrive collaboratively." He further emphasized the importance for registered SMEs and MSMEs to take advantage of the program, adding, "It's an opportunity for them to grow their business and effectively contribute to the growth and prosperity of Papua New Guinea."

“Most companies already have varying discount levels with us based on their level of purchasing, so this would be good for those outside the loop,” added Mr. Baliah.

Similar to the Membership Discount Program, the E2E Discount Program allows companies and businesses to avail of benefits when shopping at any of our three branches nationwide.

To access these special services at our branches, companies must:

• Be a registered and contributing employer to Nasfund

• Provide an Employer Identification (ID) from Nasfund

• Provide a copy of their employer registration certificate from Nasfund.

With these documents in hand, organizations can access substantial discounts when making purchases or conducting business transactions at Theodist branches in Port Moresby, Lae, and Mt. Hagen.

Theodist Limited currently provides a 10% discount for the Nasfund Employee Membership program, and we are also offering an additional 5% discount to registered and contributing employers to Nasfund through the E2E Employer Discount Program.