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Thursday 12 October 2023

Nuku'alofa, Tonga
Tonga Power Ltd. is addressing power outages due to the HTHH volcanic ashfall impact on the new High Voltage Aerial Bundled Cabling (HV ABC) network infrastructure in Tonga. This ash residue has exacerbated friction between the cabling, mixed with cable heat from electricity flow, sunlight heat and the corrosive nature of the solidified abrasive ash substances, resulting in short circuits across parts of our High Voltage network. - Tonga Power Ltd.
Saturday 16 September 2023

Nuku'alofa, Tonga
Na’e tokoni lahi ‘a e Pangikē Pule Fakafonua ‘a Tongaˊ ki he Pule’anga ‘I hono foaki atu ‘a e sieke pa’anga ‘e $14.2 miliona ki he Palemia Le’ole’oˊ Hon. Samiu Vaipulu pea mo e Minisitā Pa’anga Hon. Tiofilusi Tiueti he’enau Fakataha Lahi Fakata’u ‘o e 2023, na’e fakahoko he ‘aho Falaite 15 Sepitema.
Saturday 16 September 2023

Nuku'alofa, Tonga
A cheque for $14.2 million was presented by the National Reserve Bank of Tonga to the Tonga Government on Friday 15 September, as part of the Bank's profit distribution for the financial year ended 30 June 2023. This year’s audited financial statement of the Bank confirmed a historical net profit of $20.4 million, and 70% of this was paid to government. The income was generated through investment of foreign reserves.
Thursday 14 September 2023
SPBD

Nuku'alofa, Tonga
SPBD Tonga Microfinance celebrated the achievements of female entrepreneurs associated with SPBD in 'Eua, and also introduced a new partnership through the SPBD White Goods Financing Loan Program, on 11 September. SPBD General Manager, Mrs Finelanuatoutai Tu’ipulotu, said the collaboration would make it easier for SPBD women to access high-quality and affordable white goods and appliances in 'Eua.
Monday 11 September 2023

Nuku'alofa, Tonga
‘Oku hoko atu hono fakamamafa‘i ‘e he Pangikē Pule ‘a hono tokangaekina ke ma‘ulalo ‘a e Hikihiki ‘i he Totongi Koloa ́ ‘i he Fakamatala Fokotu‘utu‘u Ngāue Fakapa‘anga ‘o ‘Aokosi 2023.
Monday 11 September 2023

Nuku'alofa, Tonga
The Board of Directors of the Reserve Bank of Tonga (NRBT) has decided to focus on two main goals in its August 2023 Monetary Policy Statement (MPS): first, to keep inflation below the 5% reference rate, including through seeking Government’s assistance in controlling domestic and wage inflation; and second, to provide targeted support towards economic recovery of vulnerable sectors to address supply shortages and promote business investments.
Thursday 7 September 2023

Nuku'alofa, Tonga
Irish financial technology and business services company, Fexco Group, is set to further extend its support of rugby in the Pacific Islands. Fexco is announcing an expansion of its commitment to the development of rugby through a new corporate sponsorship deal with the Tongan national rugby union ahead of the 2023 Rugby World Cup.
Saturday 1 July 2023

Nuku'alofa, Tonga
The Competent Authority has approved a decrease in the regulated price of diesel effective 19 June 2023. This has contributed to a decrease of 29.17 seniti per litre from the last regulated price of diesel in March 2023. - Energy Commission. Kuo tali ‘e he Pule Fē’unga ke holo ‘a e totongi ‘o e lolo tisolo ‘a ia ke kamata ngāue’aki ‘i he ‘aho 19 Sune 2023. ‘Oku tokoni ‘eni ki hono holoki ‘a e totongi lolo ‘aki ‘a e seniti ‘e 29.17 ki he lita mei Ma’asi 2023. - Komisoni Ma’u’anga Ivi
Friday 23 June 2023
NRBT logo

Nuku'alofa, Tonga
Hili ‘a e fakatamaki Kōviti 19 ́ ‘i he 2022 ́ mo e ngaahi maumau mei he paa ‘a e mo’ungaafi HTHH pea mo e peaukula mo hono kafu efuˊ e Fonua, ‘oku matu‘aki mahu’inga ‘a e fokotu’utu’u ngaue fakapa’anga ‘a e Pangikē Pule Fakafonua ‘o Tonga′ ke tokoni‘i ‘a e langa fakaakeake he ‘ekonōmika ‘o e fonuaˊ mo e malu ‘o e tu’unga fakapa’anga fakalūkufua ‘i he 2023ˊ, mo e tukunga mateuteu ki ha ngaahi fakatamaki fakafokifā mei he lolotonga ni ki he kaha’u vave maiˊ.
Friday 23 June 2023
NRBT logo

Nuku'alofa, Tonga
Following the 2022 COVID-19 pandemic, HTHH volcano eruption and tsunami ashfall damages, the monetary and financial policies of the National Reserve Bank of Tonga are critical to stay relevant to be supportive of the Kingdom’s economic recovery contributing to macro stability in 2023, resilience to shocks in the short to medium term.
Thursday 22 June 2023
Nuku'alofa, Tonga
“The world is undergoing profound changes, unseen in a century. Hegemony and power politics are on the rise. And the deficits in peace, development, security and governance are growing. All of these are posing unprecedented challenges for human society.” By MA Ke, Spokesperson of the Chinese Embassy in Tonga. (A response to “All talk, no dialogue on Asian security”.)
Saturday 17 June 2023
SPBD

Apia, Samoa
KlickEx Pacific and SPBD have announced a partnership to enable more Samoans abroad to send money home from New Zealand and Australia. The new money transfer service will commence on July 1, 2023, and will provide an online portal for money transfers from abroad.
Friday 16 June 2023
SPBD

Nuku'alofa, Tonga
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.
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
Friday 5 May 2023

Nuku'alofa, Tonga
The Coronation of Their Majesties King Charles III and The Queen Consort will be an historic event not only for the United Kingdom but also for the fourteen Realms, the UK Overseas Territories including our fellow Polynesian entity Pitcairn, and also for Commonwealth member-countries such as the Kingdom of Tonga. On 4 May, Her Royal Highness Princess Salote Mafile‘o Pilolevu Tuita and Lord Tuita graced a Coronation Party hosted by the British High Commission in Nuku‘alofa, together with two hundred guests, to mark the upcoming event. - BHC.
Tuesday 2 May 2023
SPBD

Nuku'alofa, Tonga
South Pacific Business Development (SPBD Tonga) Microfinance announced its new business partnership with the Vava’u Shopping Centre #2 on its White Good Financing Loan Program in Vava’u, signed on 21 April 2023 by Mrs Finelanuatoutai Tu’ipulotu and Mr Kong Hao Lin in Neiafu Vava’u.
Thursday 13 April 2023

Nuku'alofa, Tonga
Na’e pēseti ‘e 8.7 ‘a e hikihiki fakata’u e totongi koloa fakalūkufua ‘i he lipooti ki he Hikihiki e Totongi Koloa (CPI) ‘o Fepueli. Ko e holo ‘eni mei he pēseti ‘e 9.7 ‘i he māhina kuo’osi΄, pea ma’ulalo ange ‘i he pēseti ‘e 9.1 ‘i Fepueli 2022. ‘Oku hokohoko atu ‘a e holo ‘a e hikihiki e totongi koloa fakalūkufua mei´ he tu’unga mā’olunga ko e pēseti ‘e 14 ‘i Sepitema 2022. Na’e pehē ‘e he Kōvana ‘a e Pangikē Pule΄, Tatafu Moeaki, “ ‘Oku kei hoko pē ‘a e ngaahi liliu ki he pa’anga fakalūkufua e fonua΄ mo e fokotu’utu’u ngāue fekau’aki mo e mahu’inga ‘o e pa’anga Tonga ‘i hono fakafetongi mo e ngaahi pa’anga muli΄ ‘a ia ne hā ‘i he Fokotu’utu’u Ngāue Fakapa’anga ‘o Fepueli 2023, ko e taumu’a ngāue tu’ukimu’a ki hono holoki ‘a e hikihiki e totongi koloa΄ pea ‘e malava ke hokohoko atu e ngaahi liliu´ ‘o ka fiema’u ke fakasi’isi’i e ngaahi ola kovi ‘i he holo e ivi fakatau ‘a e ngaahi fāmili΄ kae tautefito kiate kinautolu ‘oku masivesiva ange mo tu’u laveangofua”.
Thursday 13 April 2023

Nuku'alofa, Tonga
The February Consumer Price Index reported inflation annual rate at 8.7%, a decline from 9.7% in the previous month, and lower than 9.1% in February 2022. Inflation has generally been easing from its peak of 14% in September 2022. The Reserve Bank’s Governor Tatafu Moeaki stated that “the February 2023 Monetary Policy Statement adjustment to the money supply and its exchange rate policy remains a priority to fight against inflation and will keep a tight stance where appropriate to minimize the negative impacts on families purchasing power especially the poorer and vulnerable.”
Monday 3 April 2023
7250 sponsored

Nuku'alofa, Tonga
We are on a quarterly review of the regulated price of fuel which has decreased the tariff by 9.87 seniti per kWh (9.7%). The total electricity tariff will decrease from the current 101.73 seniti per kWh to 91.86 seniti per kWh. - Energy Commission / Komisoni Ma’u’anga Ivi.

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