Tropical Cyclone Gita inflicted $356 million pa'anga worth of damage on Tongatapu and ‘Eua on 12 February this year, said Balwyn Fa’otusia, the CEO for the Ministry of Finance and National Planning. The damage assessment is equivalent to 38% of Tonga's GDP.
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Results for Hon. Poasi Tei
Tuesday 6 March 2018
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Nuku'alofa, Tonga
After a rush by the Tonga Government to hold a parliament session yesterday 5 March in order to address the urgent needs of the country, it was decided that Parliament will have a two-day break as the Kingdom receives New Zealand’s Prime Minister Hon. Jacinda Ardern who arrives tonight for a one-day visit. Parliament will resume on Thursday 8 March.
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Saturday 24 February 2018
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Nuku'alofa, Tonga
The handing over of $3 million pa’anga in Emergency Assistance from the Japanese International Cooperation Agency JICA, to Tonga was completed yesterday, 23 February at the Ministry of Infrastructure, Vaololoa, Nuku'alofa.
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Wednesday 15 November 2017
Nuku'alofa, Tonga
The Chairman of the combined utility board, Mr Carl Sanft presented a cheque of $7,319,219 to the Minister of Public Enterprises, Hon. Poasi Tei as the utilities combined dividend and tax for the 2016/2017 financial year. This is a record dividend and tax and the highest to be paid to the shareholder, the Government of Tonga by a Public Enterprise.
Friday 23 September 2016
Nuku'alofa, Tonga
The $66 million pa'anga upgrading of Faua (42) Wharf, Tonga’s main wharf for domestic transport, is on schedule to be completed by the end of January 2018, representatives of the contractors TOA Corporation, confirmed during a tour of the project yesterday, 22 September.
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.
Monday 4 April 2016
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Nuku'alofa, Tonga
Tonga’s Chief Justice has quashed a decision by the Minister of Public Enterprises, Hon. Poasi Tei, to end the terms of two directors of the Tonga Broadcasting Commission who had refused to resign from the board voluntarily. The Supreme Court’s ruling also exposed a failure of the government in “a duty of candour” to disclose all relevant facts and the content of its decision making process.
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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.
Saturday 19 December 2015
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Nuku'alofa, Tonga
The Chairperson and a director who refused to resign from the board of the Tonga Broadcasting Commission (TBC) are seeking a judicial review of the early terminations of their three-year appointments to the board of the public enterprise.
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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.
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”.
