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.
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Wednesday 12 December 2018
Wednesday 28 November 2018
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.”
Monday 5 November 2018
November 2 is the 20th anniversary of the establishment of diplomatic relations between the People’s Republic of China and the Kingdom of Tonga. It is of great significance to jointly celebrate this historic day. On October 26, 1998, His Majesty King Tupou VI, who was then Minister of Foreign Affairs and Defence of Tonga visited China, and on behalf of the Government of the Kingdom of Tonga, signed the Joint Communique on the Establishment of Diplomatic Relations with his counterpart in the Chinese Government. By H. E. Wang Baodong, Chinese Ambassador to the Kingdom of Tonga.
Friday 18 May 2018
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
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
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.
Tuesday 7 February 2017
Describing economic globalization as a double-edged sword that should be viewed comprehensively, China's President Xi Jinping said in Davos in January that we should pay attention to its deficiency but "not give up eating for fear of choking" or simply attribute the problems like the financial crisis and refugees to globalization, let alone protectionism. China views globalization's general trend as right. In May this year, China will host the “Belt and Road Forum for International Cooperation” in Beijing to discuss ways to boost cooperation, build cooperation platforms and share cooperation outcomes. By H.E. Huang Huaguang.
Saturday 31 December 2016
A Nakolo family is having a Happy New Year after winning the grand prize of $3000 in the Molisi City Central Supermarket New Year raffle this afternoon. The name on the winning ticket was Senior Constable Temaleti Vea.
Thursday 15 December 2016
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.
Wednesday 7 December 2016
Tonga is a developing country in the Pacific region. It has great demand and potential of development for internet and has already made positive progress in the development of internet and ICT. China and Tonga have shared interests in the development of internet, improving internet governance systems and forming a peaceful and safe cyberspace and other related issues. Tonga's Deputy Prime Minister Hon. Sovaleni attended the Wuzhen Summit during the Third World Internet Conference themed “Innovation-driven Internet Development for the Benefit of All-Building a Community of Common Future in Cyberspace” held in Wuzhen, Zhejiang Province of China from November 11-18.
Friday 2 December 2016
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
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.
Wednesday 30 November 2016
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
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 9 November 2016
Bank South Pacific Tonga is encouraging schools to join in its annual "Go Green School Clean Up Day 2016" this Friday 11 November 2016. With the message "Rethink, Reuse, Recycle!" the Go Green Campaign pulls together communities to pick up rubbish on their streets, schools and around the area where they live.
Wednesday 2 November 2016
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
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.
Thursday 8 September 2016
The G20 Summit held in Hangzhou, China, has for the first time put the issue of development front and center of the global macro policy framework. In addition, a great breakthrough addressing climate change was witnessed. The Summit concluded with solutions that addresses both the symptoms and root causes of the global economic problems.
Friday 1 July 2016
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.