Growth in cargo volumes and the number of ships calling at the Port of Nuku’alofa, as well as operating efficiencies has resulted in a record dividend of $$1,617,862 for the financial year 2015/16 for the Ports Authority of Tonga. The dividend was declared by the Board of Directors on 1 December 2016, during their Annual General Meeting in Nuku'alofa, when the Chairman Mr Stephen Edwards, presented a dividend cheque to the Minister for Public Enterprises, Poasi Mataele Tei, for the shareholder, the Government of Tonga.
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Friday 2 December 2016
Nuku'alofa, Tonga
Wednesday 30 November 2016
Nuku'alofa, Tonga
An 18 month long project to support the development of the vanilla industry in Vava'u this year has also helped Tonga's MAFF and Australian development partners to better understand the challenges and opportunities faced by vanilla growers and the vanilla industry. Over 100 vanilla growers were directly assisted and 328 plantations monitored under the project, which has identified a need for new plantings, particularly on small family plantations.
Wednesday 30 November 2016
Nuku'alofa
Tonga's Minister for Public Enterprises, Hon. Poasi Tei received a dividend cheque of $4,345,262 pa'anga, presented by the Chairman of the Common Utilities Board of Directors, Carl Sanft on November 29. The Combined Utility Dividend for the year 2016 goes to the Government of Tonga, being the sole shareholder of power, water and waste utilities and the subsidiary companies Tonga Gas Ltd. and Home Gas Ltd.
Wednesday 2 November 2016
Nuku'alofa, Tonga
Bank of South Pacific Tonga Ltd. last week opened new sub branches at Ha'apai and ‘Eua with fully Automated Teller Machine (ATMs) installed. BSP Country Head, Daniel Henson said renovations at the Vava'u branch were also opened by the Governor of Vava'u, Lord Fulivai, attended by the Chairman of Bank South Pacific, Sir Kostas Constantinou OBE.
Friday 23 September 2016
Nuku'alofa, Tonga
The Ha'apai solar farm project - an on-grid project which will become the first utility scale solar energy generation facility in Ha’apai - was visited yesterday by Australian Minister, Senator Concetta Fierravanti-Wells and her delegation who were welcomed by Tonga Power Ltd. staff and the Governor of Ha'apai, Mo’ale Finau. Australia has contributed AUD$5.7 million towards Tonga's Outer Islands Renewable Energy Project in co-financing with the Asian Development Bank and the European Union.
Friday 1 July 2016
Nuku'alofa, Tonga
Tonga Communications Corporation handed over a dividend cheque of $1.213 million pa'anga to the Government of Tonga as shareholder in the full and final dividend payment for the last financial year 2014-15. This is the second consecutive year that TCC is paying a dividend in excess of $1 million pa'anga, and growing rapidly year on year over the last five years.
Friday 15 January 2016
Nuku'alofa, Tonga
Tonga Asset Managers and Associates Ltd. (TAMA) presented its first dividend of $50,000 to Hon. Poasi Tei, Minister of Public Enterprises, for its shareholder, the Government of Tonga on 9 December.
Friday 15 January 2016
Nuku'alofa, Tonga
Tonga Airports Ltd. has declared a $1.3 million pa'anga annual dividend for 2014-15 - its highest dividend amount payable to its shareholder the Government of the Kingdom of Tonga.
Thursday 10 December 2015
Nuku'alofa, Tonga
Tonga Power Ltd. paid its highest dividend to the Government of Tonga, handing over a cheque for $2 million pa'anga on December 8. The 2014-15 dividend represents a 27% increase on the previous year's return to government.
Friday 16 October 2015
Nuku'alofa, Tonga
Tonga Power Ltd. (TPL) is taking the next step in the continuing modernization of its network to provide customers a more efficient and reliable electricity supply.
Monday 27 July 2015
Nuku'alofa, Tonga
Tonga will welcome delegates from the Pacific Islands to the 25th Pacific Power Association Conference and Trade Exhibition next year, 2016, with a theme “Integrating Renewable Energy with Conventional Generation”.
Monday 18 May 2015
Nuku'alofa, Tonga
Tonga’s first photovoltaic solar facility to introduce a stabilising capacitor and micro-grid control system was technically handed-over as the Nanyo Boeki Kaisha Ltd., Japanese-lead consortium of contractors and project consultants, signed an agreement with Tonga Power Ltd. to mark the completion of the project.
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Tonga weather forecast from yr.no, delivered by the Norwegian Meteorological Institute and the NRK. See also Fua'amotu Weather Forecasting Center, Tonga, for latest local weather bulletin.