The South Pacific Business Development (SPBD Tonga) Microfinance empowers its members to start, grow and maintain micro-businesses. The organization provides them with the access to financial and business development services, as well as the opportunity to build assets, improve financial security and to finance housing improvements and education. Its newest loans program is the “White Goods Financing” program.
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Wednesday 6 October 2021
Friday 1 October 2021
The Electricity Commission has approved the new electricity tariff for the power consumption and with Government “Lifeline Contribution to Tariff” at TPL effective on 1st October 2021. Kuo tali ‘e he Komisoni ‘Uhila ke hiki ‘a e totongi ‘uhila ‘i hono fo’u ke ngāue’aki ‘o kamata lau mei he ‘aho 1 ‘Okatopa 2021.
Friday 24 September 2021
I am very happy to attend the handover ceremony of the 500 water tanks donated by Dongguan City, Guangdong Province, People’s Republic of China to the Government of the Kingdom of Tonga. ...I want to assure you that China will provide more water tanks to Tonga this year. Actions speak louder than words. Let’s work with concrete actions to deepen our friendship for a better future of China-Tonga friendly relations and cooperation. - Speech by H.E. Mr. Cao Xiaolin at the handover ceremony of the water tanks donated by China to Tonga.
Friday 10 September 2021
Port Vila, Vanuatu
The newly formed WanTok Pacific Corporation (WPC) is launching a dynamic mobile, broadband, and money transfer service for the people of Tonga and Vanuatu. The new company launched its new brand identity and new broadband plans for consumers and businesses in both countries on September 3, 2021. WanTok Tonga is based at the PTH Building in Nuku'alofa.
Friday 3 September 2021
The inaugural Tourism Leaders’ Summit was held on Monday 23 August, at the Fa’onelua Convention Centre, with a theme “Leadership Refocus for Tourism's Survival” to discuss the best ways forward for securing the tourism sector’s survival in Tonga. The summit will continue on a quarterly basis, leading up to the National Tourism Forum in early 2022.
Tuesday 24 August 2021
The novel coronavirus is still going viral around the world, and vaccines matter so much to the fight against the virus. As long as there are infections in a country, it is impossible for humans to completely defeat the virus. However, globally, there are still outstanding problems such as insufficient vaccine production capacity, inequitable distribution and uneven vaccination. The international society need to work together to fill in the immunization gap between countries. by H.E. CAO Xiaolin, Chinese Ambassador to Tonga
Friday 20 August 2021
Apia, Western Samoa
The SPBD Microfinance Network achieved another impressive milestone today, surpassing US$ 200 million in “micro loans” disbursed to tens of thousands of hard working women entrepreneurs since its founding in 2000.
Saturday 7 August 2021
Bank of South Pacific Tonga Limited (BSP) will reduce interest rates across a number of lending and deposit products, effective 6 September 2021. New rates will apply for Unsecured Personal Loans - now 13% (reduction of 5.50%), Secured Personal Loan – now 12.3% (reduction of 1.70%). Rate changes will also apply across some Demand Deposit and Term Deposit accounts – as follows:
Tuesday 13 July 2021
The Asia-Pacific is the fastest-growing region with the greatest potential and most dynamic cooperation in the world. It is home to 60 percent of the world’s population and 70 percent of its GDP. It has contributed over two-thirds of global growth, and is playing an increasingly important role in the global fight against COVID-19 and economic recovery. By H.E. CAO Xiaolin, Chinese Ambassador to Tonga.
Friday 9 July 2021
The Electricity Commission has approved the government's 'Lifeline Tariff Discount Scheme' effective for the power consumption from 1 July 2021. The discounted tariff of 7.67 seniti/kWh is to apply to the regulated tariff of 80.71 seniti/kWh, only to the power customers consumed between 0-100 kWh/month, to maintain the electricity tariff at 73.04 seniti/kWh. Koia ai kuo tali 'e he Komisoni 'Uhila 'a e holo ko 'eni 'o kamata ngaue'aki 'i he 'aho 1 Siulai 2021. - Electricity Commission
Saturday 3 July 2021
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.
Thursday 1 July 2021
The total electricity tariff will increase by 10.5%from the current 73.04 seniti per kWh to 80.71 seniti per kWh, from 1 July 2021, following the approval by the Competent Authority of an increase in the regulated price of diesel fuel. The Electricity Tariff is regulated by the Electricity Act and administered by the Electricity Commission.
Friday 7 May 2021
Tonga Communications Corporation, a public enterprise, paid a total dividend of over $2.59 million pa'anga to the shareholder this year, the Information, Communication and Technology Sector Shared Board announced today, following TCC's annual general meeting.
Friday 7 May 2021
The Bank of South Pacific increased its digital footprint by opening its 15th ATM in Tongatapu to support the banking needs of customers in the Hihifo district (Western suburbs).
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).
Wednesday 31 March 2021
The Competent Authority has approved a 6% increase in the regulated price of diesel effective 18 March 2021. This has contributed to an increase of 31.03 seniti per litre as from January 2021 to March 2021. Kuo tali 'e he Pule Fe'unga ke hiki 'a e totongi 'o e Iola tisolo 'a ia ke kamata ngaue'aki 'i he 'aha 18 Ma'asi 2021. 'Oku tokoni 'eni ki hono hiki 'a e totongi Iola 'aki 'a e seniti 'e 31.03 ki he lita mei Sanuali 2021 ki Ma'asi 2021.
Thursday 25 March 2021
The Bank South Pacific Tonga Limited made a net profit after income tax of $9.881 million pa'anga for the year ending 31 December 2020, the Directors declared in a key disclosure statement summary today. This compared to a profit of $11.155 million in 2019. Net Operating Income declined during the year 2020 under COVID-19 restrictions.
Tuesday 23 February 2021
The Ports Authority Tonga held its 2020 Annual General Meeting on 22 February, and paid its sole shareholder, the Government of Tonga, a dividend of $1,541,445, for the financial year ended 30 June 2020.
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.
Thursday 31 December 2020
Tonga Power Limited’s Board of Directors have approved a subsidy to cover 2.47 seniti per kWhr over the next quarter-year for all electricity consumers in Tonga. Na’e sio leva ‘ae poate ‘ae Kautaha Úhila á Tonga ki ha founga é malava ai ke fua e Kautaha Úhila ‘a e seniti é 2.47 áki áe ngaue fakapotopoto pea na’e tali ia he áho 29 Tisema 2020.