Results for Sponsored media release

Business and households’ purchasing power are declining, states the National Reserve Bank of Tonga, while stressing the importance of price stability in the short-term as it moves to strengthen the monetary policy framework that seeks to better control inflation, and build the resilience of the financial sector, promote macroeconomic stability and support economic growth recovery. The Monetary Policy Statement (MPS) for February 2023 outlines a revised monetary policy stance. ‘Oku ne holoki leva ‘a e ivi fakatau ‘a e ngaahi pisinisi′ mo e kakai′, pea ‘oku fakamamafa‘i ai ‘e he Pangikē Pule′ ‘a e mahu‘inga hono ta‘ota‘ofi ‘a e hikihiki ‘i he tu‘unga ‘o e totongi koloa′ ‘i he kaha‘u vave mai′ ‘i he’ene ngāue atu ki hono fakaivia ‘a e fa‘unga ‘o e fokotu‘utu‘u ngāue fakapa‘anga′ ‘a ia ‘e malava ke ta’ota’ofi ‘a e hikihiki ‘i he tu‘unga ‘o e totongi koloa′, langa hake ha sekitoa fakapa′anga ‘oku tu‘uloa, tokoni‘i ‘a e fakaakeake faka‘ekonōmika′ pea mo faka‘ai‘ai ‘a e malu e tu'unga faka‘ekonōmika fakalukufua′.

Bank of South Pacific Tonga Limited (BSP) today, Friday 10 March, 2023, announced a Net Profit after Tax of T$13.4 million pa'anga for the financial year ending 31 December, 2022. BSP Tonga Country Head Marcellina Rose Wolfgramm-Haapai said, “The Net Profit after Tax for FY2022 was 13.4% above the 2021 performance and achieved from improved Operating Income.

This Australia Day we acknowledge the resilience and courage shown by Tonga, part of our Pacific family, following the devastating Hunga-Tonga-Hunga-Ha’apai volcanic eruption and tsunami on 15 January. ‘I hono faka’ilonga’I ‘a e ‘aho fakafonua ‘o ‘Aositelelia ‘I he ‘aho ni, ‘oku mau tangane’ia ‘I he loto to’a mo e vave ‘a e ngaue ‘a Tonga ki he fakaakeake hiliange ‘a e faingata’a mei he puna ‘a e mo’ungaafi ‘I Hunga -Tonga-Hunga-Ha’apai fakataha mo e peaukula ne hake ‘I he 15 ‘o Sanuali.

The Competent Authority has approved the regulated price of diesel effective 20 December 2021. This has contributed to an increase of 26.79 seniti per litre as from September 2021 to November 2021 and then a decrease in December 2021 by 5.67 seniti per litre. - Electricity Commission. --- Kuo tali ‘e he Pule Fē’unga ‘o e lolo tisolo ‘a ia ke kamata ngāue’aki ‘i he ‘aho 20 Tisema 2021. ‘Oku tokoni ‘eni ki hono hiki ‘a e totongi lolo ‘aki ‘a e seniti ‘e 26.79 ki he lita mei Sepitema 2021 ki Novema 2021 pea holo ‘i Tisema 2021 ‘aki ‘a e seniti ‘e 5.67 ki he ‘iuniti. - Komisoni ‘Uhila.

The following information is to correct any misinformation regarding the Ministry’s partnership with the Beijing Machinery Repair Company Limited.... Oku tuku atu ‘a e ngaahi fakamatala ko eni koe’uhi ke fakatonutonu ‘a e ngaahi fakamatala hala fekau’aki pea mo e fengaue’aki ‘a e Potungaue pea mo e Beijing Machinery Repair Company Limited.... Media Statement from the Tonga Ministry of Agriculture, Food and Forests (MAFF).

This increase in fuel prices during the quarter has resulted in an increase on our electricity tariff from the current electricity tariff of 61.02 seniti per kWh to 63.82 seniti per kWh and was approved by the Tonga Electricity Commission to be effective on 1 November 2020. / Na’e palani ‘e he Kautaha ‘Uhila ke kamata ngaue’aki e totongi ‘uhila fo’ou ko’eni ‘i ‘Okatopa 2020, ka ‘oku toloi ke toki ngaue’aki he ‘aho ‘uluaki ‘o Novema 2020, tu’unga he ngaahi ngaue na’e fakahoko ki hono fakapaasi e totongi ‘uhila fo’ou. - Tonga Power Ltd.

This year marks the 75th anniversary of the establishment of the United Nations. Chinese President Xi Jinping and leaders from countries in the world, including the Tongan Prime Minister, Hon. Tu'i'onetoa, joined the high-level meeting to commemorate the 75th Anniversary of the UN, the general debate of the 75th session of the UN General Assembly and some other important meetings virtually. By H.E. CAO Xiaolin, Ambassador of the People’s Republic of China to the Kingdom of Tonga

The COVID-19 outbreak is the most widespread global pandemic to hit mankind in the last hundred years and represents a serious crisis and a significant global threat. Up till now, the global accumulated number of confirmed cases is more than 8 million. Many lives are being lost every day. We grieve for those who have been killed and those who have sacrificed their lives during the fight. We extend the greatest respect to those who are struggling to save lives around the clock, and offer true moral support to those who are infected and receiving treatment. By H.E. Mr. Cao Xiaolin, Chinese Ambassador to Tonga

Tonga Communications Corporation (TCC) will be providing special relief mobile packages and bonus data, along with other initiatives to ensure all TCC customers are supported during the unprecedented CoViD-19 National Lock Down, the company announced on March 27. TCC CEO Timote Katoanga urged everyone to follow Tongan Government guidelines on Lock Down Level Four to limit and prevent the spread of CoViD-19 across Tonga.