Bank of South Pacific Tonga Limited today announced a Net Profit After Tax of T$11.85 million for the financial year ending 31 December 2021. The result was driven by the release of Covid-19 provisions, good foreign exchange revenue, and strong transaction volumes. BSP Tonga Country Head, Mrs Marcellina Wolfgramm-Haapai said this result was 20% above the 2020 financial result.
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Thursday 3 March 2022
Wednesday 3 February 2021
The world is undergoing changes unseen in a century. The COVID-19 pandemic is still ravaging across the globe. The world economy is mired in deep recession. Global challenges keep popping up. All these place mankind at a crossroads. Against this backdrop, President Xi Jinping delivered a special address at the World Economic Forum virtual event of the Davos Agenda on 25 January 2021. By H.E. Mr. Cao Xiaolin, Chinese Ambassador to Tonga.