SPBD Microfinance, the leading microfinance network dedicated to empowering women microentrepreneurs across the South Pacific, proudly announces a significant milestone in its journey. The organization has disbursed a total of USD $250 million in loans since its inception in 2000, evidence of its commitment to fostering economic development in the region.
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Friday 16 June 2023
Nuku'alofa, Tonga
Tuesday 13 June 2023
Nuku'alofa, Tonga
The SPBD Annual Business Women of the Year Awards, held on June 2, 2023, at the St. Andrew School Hall, celebrated the remarkable achievements of female entrepreneurs in SPBD Tonga. The event recognized four outstanding women as Winners of the Awards from different regions in Tonga: Mrs Pelenaise Folau (Tongatapu), Mrs Siosi Ma’u (Vava’u), Mrs Mina Taufalele (Ha'apai), and Mrs Kilisita Loni ('Eua). Other awards to SPBD women entrepreneurs, acknowledged their accomplishments in various categories.
Friday 9 June 2023
Nuku'alofa, Tonga
The Tongatapu Royal Agricultural, Fisheries, Tourism & Trade Show 2023 (RAFTT) will be held tomorrow, Saturday, 10 June. The Chinese agriculture experts team, the Chinese companies in Tonga and some other Chinese businessmen will display their products at the Show. This will be a good opportunity to see some of the outcomes of the fruitful cooperation between China and Tonga in agriculture, fisheries and trade, and to think and plan how we can expand the mutually beneficial cooperation to more fields for common development. - By H.E. Cao Xiaolin, Chinese Ambassador to Tonga
Saturday 3 July 2021
Nuku'alofa, Tonga
Viliami Takau of Ma’ufanga, is the new General Manager of the Tonga Tourism Authority. The new Board of Directors announced that he assumed the position on 25 June 2021.
Friday 2 October 2020
Nuku'alofa, Tonga
An Implementation Agreement for the extension and expansion of the Government Development Loan was signed on October 1 by the Chief Executive Officer of the Ministry of Finance, Balwyn Fa’otusia, and the CEO of the Tonga Development Bank, Leta Kami. The scheme will run for another five years up to 2025.
Tuesday 4 August 2020
Nuku'alofa, Tonga
The proposed establishment of the Confucius Institute at the Tonga Institute for Higher Education will contribute to development of the Tongan higher education system and promote economic, cultural and academic exchanges between Tonga and China, enhancing friendly cooperation and people-to-people understanding through Chinese language learning. - By Col. (Rtd.) Siamelie Latu.
Sunday 8 March 2020
Nuku'alofa, Tonga
On International Women’s Day, the South Pacific Business Development (SPBD) Microfinance Network honours its female clients and female staff for their hard work, drive, and determination. “Our members want to improve their lives and their families’ lives. They want healthier housing, better nutrition, and better education for their children...and they have to rely on their own resourcefulness,” says SPBD General Manager Fine Tu’ipulotu, who is proud to help them succeed.
Monday 3 February 2020
Nuku'alofa, Tonga
This article will elaborate on how the UN works and the role of China as a developing country and permanent member in the 15-Members United Nations Security Council, and its contributions to peace and security. China supported Tonga’s admission to the UN. It is important to note that Tonga is not a member of the Security Council.
Friday 22 November 2019
Nuku'alofa, Tonga
The South Pacific Business Development (SPBD) celebrated a double milestone reaching its 10th Anniversary and TOP$100 Million in loans disbursement, on 22 November at its office in Fanga, Nuku’alofa.
Tuesday 26 March 2019
Nuku'alofa, Tonga
Tongatapu and 'Eua communities are learning how to restore their water supplies and improve sanitation, under a post-cyclone recovery training programme implemented by Live & Learn Environmental Education Tonga, along with Tonga Skills providing accredited training in financial and plumbing skills.
Tuesday 12 March 2019
Nuku'alofa, Tonga
The SPBD Microfinance Network, the largest microfinance provider in the South Pacific, has promoted Fine Tu'ipulotu to General Manager of South Pacific Business Development (SPBD) Microfinance Ltd in the Kingdom of Tonga. Fine is the first Tongan-born national appointed to the top post.
Wednesday 12 December 2018
Nuku'alofa, Tonga
A total dividend and tax of $3.5 million pa'anga for the Financial Year 2017/18 was paid to the government shareholder by the Shared Transport Sector Public Enterprises this week. Chairman Dr Sione Ngongo Kioa reported that Ports Authority Tonga (PAT), Tonga Airports Ltd. (TAL) and Friendly Islands Shipping Agency (FISA) continued to maintain their combined net profit before tax above the $8 million mark. The dividend is 25% of net profits and the remaining 75% of net profits after taxes will support the Transport Sector's critical projects.
Wednesday 28 November 2018
Nuku'alofa, Tonga
The University of the South Pacific-Tonga campus welcomed HM King Tupou VI for the commissioning of their new Kukū Kaunaka Collection of academic theses by Tongan scholars, in a closed event on November 14. In a statement, USP said: “It was indeed a most humbling and significant event as Tonga USP staff marked the 50th anniversary of the USP service in the region and in Tonga.”
Friday 18 May 2018
Tokyo, Japan
Partnership among Pacific Islanders - Towards a Prosperous, Free and Open Pacific: It was more than 20 years ago in 1997 when the leaders of Japan and the Pacific island countries first gathered in Tokyo to launch the first Japan-Pacific Island Leaders Meeting (PALM, then known as the Japan-South Pacific Forum Summit Meeting). Japan was among the first countries to establish a summit-level framework dedicated to forging stronger ties with Pacific island countries. - Shinzo Abe, Prime Minister of Japan.
Friday 23 February 2018
Nuku'alofa, Tonga
Additional line mechanics have arrived in Tonga to assist Tonga Power with restoration works of electricity in Tongatapu.
Thursday 3 August 2017
Auckland, New Zealand
Ports Authority Tonga was elected as the new President of the Pacific Maritime Transport Alliance for the next three years, at PMTA's Annual General Meeting held in Auckland, New Zealand, yesterday. The Chairman of the Transport Shared Board of Directors, Mr Stephen Edwards accepted the role on behalf of Ports Authority Tonga.
Monday 19 June 2017
Nuku'alofa, Tonga
Ha'apai will be the first islands group in Tonga to achieve 50% generation from renewable energy, after the commissioning of the 550 kWp "Ha Masani Solar Facility" by the Australian High Commissioner to Tonga, HE Mr Andrew Ford at Pangai on June 15.
Thursday 15 December 2016
Nuku'alofa, Tonga
Tonga Airports Ltd. has declared a $2 million pa'anga Annual Dividend for 2015-16, payable to its shareholder, the Government of Tonga, its highest-ever dividend pay out.
Friday 2 December 2016
Nuku'alofa, Tonga
The first ever shipment of Tongan squash to China left Tonga this week, after Tongatapu exporter Nishi Trading successfully passed a strict quarantine inspection on Saturday, 26 November 2016. This important achievement took 18 months of negotiation and inspections leading to an initial protocol between the Governments of China and Tonga in May. This initiative was supported by PHAMA - the Pacific Horticultural & Agricultural Market Access Program.
Friday 2 December 2016
Nuku'alofa, Tonga
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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