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Friday 4 August 2017
Dalian, China
Chinese Premier Li Keqiang said the new industrial revolution offers greater promise in fostering inclusive growth. Driven by Internet, digital and intelligent technologies, it has created new supply and demand, greatly expanded development space and brought unprecedented opportunities for equal participation. In a speech delivered at the opening ceremony of the Annual Meeting of the New Champions 2017 in Dalian recently, he said China is ready to work with all countries to achieve inclusive growth in economic globalization, but promoting inclusive growth requires the hard work of countries themselves.
Thursday 6 July 2017

Nuku'alofa, Tonga
Tonga's power tariffs have decreased by 4.66 seniti per kWh from 85.86 seniti per kWh to 81.20 seniti per kWh, from 1July 2017. This represents a 5.4% reduction in tariff from last quarter.
Thursday 6 July 2017

Nuku'alofa, Tonga
A roof top solar system at the Prince Wellington Ngu Hospital, Vava'u, was officially inaugurated on July 3 by Crown Prince Tupouto'a 'Ulukalala.
Tuesday 4 April 2017

Nuku'alofa, Tonga
Support to small business vital for the economy, ANZ Tonga Country Head, Manoa Kamikamica said as the bank launched a financial literacy program for small businesses, "MoneyMinded Business Basics for Small and Medium Enterprises" in Tonga.
Saturday 1 April 2017

Nuku'alofa, Tonga
Cargo throughput increased by 15% in 2016 compared to the previous year and this trend is expected to continue during major construction projects in the country, the Ports Authority Tonga stated in its 2016 Annual Report released today. Container throughput hit a record high and ships calls increased by 19% during the same period. Net Profit After Tax was $2.2 million, an increase of 16% from the 2014/15 result, allowing shareholders increased dividends. Pulusi 'o e Fakamatala Fakata’u 2016 – Ma'u Mafai ki he Ngaahi Taulanga 'o Tonga.
Friday 31 March 2017

Nuku'alofa, Tonga
In announcing a power increase of 2.84 seniti per unit (kWh) starting tomorrow April 1, Tonga Power Ltd. has offered a lifeline tariff reduction for their most vulnerable consumers due to the high power tariff of 85.86 seniti/kWh. The increase is attributed to diesel price movement.
Thursday 23 March 2017

Nuku'alofa, Tonga
An ATM skimming fraud currently occurring in Tonga has affected a number of BSP Visa debit cards and ANZ International access card holders, warns the Association of Banks in Tonga in a public notice today. Between 16-20 March 2017, BSP and ANZ Tonga customers have had fraudulent overseas transactions made to their accounts.
Friday 3 February 2017

Nuku'alofa, Tonga
A significant increase in the regulated price of diesel has been approved by the Competent Authority effective 16 January 2017. This has contributed to an increase of 15.40 seniti per litre (13.8%) from $1.1124 per litre in September 2016 to $1.2664 per litre in January 2017, Tonga Power Ltd. announced today. Makatu’unga ‘i he lahi e hiki ‘i he totongi ‘o e lolo tisolo ‘a ia na’e tali ‘e he Pule Fe’unga ke kamata gaue’aki ‘i he ‘aho 16 Sanuali 2017, kuo hiki ai e totongi ‘o e lolo ‘aki ‘a e seniti ‘e 15.40 ki he lita (13.8%) mei he $1.1124 ki he lita ‘i Sepitema 2016 ki he totongi fo’ou ko e $1.2664 ki he lita ‘i Sanuali 2017.
Thursday 22 September 2016

Nuku'alofa, Tonga
The New Zealand Government is investing to improve aviation safety in eight Pacific Countries, including Tonga. Land users around airports are urged to attend consultations to be carried out before a national project commences in October 2016 focusing on Fua'amotu Airport (Tongatapu), Lupepau'u Airport (Vava'u), Salote Mafile’o Pilolevu Airport (Ha'apai) and Kuini Mata'aho Airport (Niuatoputapu). Satellite technology will be used to develop new flight approaches, which will improve the ability of aircraft to land safely.
Monday 19 September 2016

Nuku'alofa, Tonga
A $10 million pa'anga project to build the largest solar energy plant in Tongatapu, follows the signing of a long term Power Purchase Agreement between Tonga Power Ltd. and a Chinese power producer on September 12, 2016, for the construction and commissioning of a 2 Megawatt solar facility at at Mata-ki-‘Eua, which is expected to be fully operational by mid-2017.
Friday 2 September 2016

Nuku'alofa, Tonga
Digicel has launched faster internet connectivity to Ha'apai and Vava'u, which is five times faster than the current speed and it will also match data experience currently in Tongatapu. The internet speed will increase from 1Mbps to 5Mbps with 200Mbps capacity.
Friday 12 August 2016
Nuku'alofa, Tonga
The Tonga Government has today reaffirmed its confidence in the investment agreement made recently with the Ngati Tahu Ngati Whaoa Trust from New Zealand. The government stated that a recent judgment made by the New Zealand High Court against the current Chairman of the Trust "was a private matter which does not...affect the Agreement that exists between the Trust and the Tongan Government."
Thursday 11 August 2016

Nuku'alofa, Tonga
The National Reserve Bank of Tonga has recommenced the pay out of claims by depositors and creditors of the former Pacific International Commercial Bank. In a statement on August 11, the NRBT said that payments may be collected from the NRBT. The license of the PICB was revoked by the Reserve Bank on July 26.
Thursday 28 July 2016

Nuku'alofa, Tonga
The National Reserve Bank of Tonga wishes to assure the public that despite the revocation of the banking licence of Pacific International Commercial Bank (PICB) effective from 26 July 2016, the banking system remains sound. While PICB represented a very small proportion of the total banking system, the banks in Tonga continue to be profitable and maintain strong liquidity and capital position.
Friday 1 July 2016

Nuku'alofa, Tonga
The Electricity Commission has approved the new power tariff of 72.11 seniti/kWh or a 2.12 seniti increase per kWh effective for the power consumption from 1st July 2016. The 2.12 seniti/kWh is an increase in the fuel tariff component for the price of electricity. This is due to the increase in the price of diesel which has gone up by 16 seniti since February 2016 as advised by the Competent Authority.
Wednesday 25 May 2016

Nuku'alofa, Tonga
The public is advised by the National Reserve Bank of Tonga to take heed of the requirements for the removal of cash from Tonga, and for cash entering Tonga, in order to avoid any unnecessary delays in arrangements for travel or export of cash. Reserve Bank Permission is required for removal of cash exceeding T$10,000 or its equivalent in any other currency and all applicants must submit their applications to the Reserve Bank at least three days prior to the departure date from Tonga.
Wednesday 11 May 2016

Nuku'alofa, Tonga
Five new Shared Directors for Tonga's Transport Sector Public Enterprises have been named by the Ministry of Public Enterprises on May 9. The Transport Sector Board includes the Ports Authority Tonga, Tonga Airports Limited and Friendly Islands Shipping Agency.
Friday 24 July 2015
Nuku'alofa, Tonga
The National Reserve Bank of Tonga wishes to inform the general public that the license of Melie-Mei-Langi Co. Ltd has been revoked and is no longer authorized to conduct foreign exchange business. Members of the public are encouraged to report to the National Reserve Bank of Tonga any person or business that is advertising or providing foreign exchange services but are not authorized dealers or authorized restricted dealers. ‘Oku fanongonongo atu foki ke fakatokanga’i ange ‘e he kakai ‘o e fonua kuo kaniseli ‘a e laiseni ‘o e kautaha Melie-mei-Langi Co. Ltd pea kuo ‘ikai ke fakamafai’i ke toe fetongi pa’anga muli.
Monday 6 July 2015
Nuku'alofa, Tonga
The Reserve Bank has revised its Exchange Control Policy Guidelines with effect from 1st May 2015. The Exchange Control Policy Guidelines outlines the supporting documentary evidence that must be sighted by the commercial banks, authorized foreign exchange dealers and the Reserve Bank prior to allowing any overseas payments to be made. Fanongongo mei he Pangike Pule Fakafonua ‘o Tonga fekau’aki moe Liliu ki he Tohi Fakahinohino ki he Ngaahi Tohi ‘oku Ngaue’aki ko e Fakamo’oni ki he Fetongi Pa’anga Muli.
Friday 19 June 2015
Nuku'alofa, Tonga
Issue of the Revised Anti-Money Laundering/ Counter Financing of Terrorism (AML/CFT) Guideline. The National Reserve Bank of Tonga, in its capacity as the Transaction Reporting Authority (TRA), is issuing the Revised AML/CFT Guideline pursuant to section 11A(o) of the Money Laundering and Proceeds of Crime (Amendment) Act 2010 [MLPC Act]. Tukuatu ‘o e Tohi Fakahinohino ki hono fakafepaki’i hono fe’ave’aki fakapulipuli ‘o e pa’anga kaka, pa’anga hiamatea mo e fakapa’anga ‘a e ngaahi ngaue fakatautoitoi. Official Press Release from the National Reserve Bank of Tonga (English and Tongan).

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