Results for Sponsored

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.

The Tonga Government has today reaffirmed its confidence in the investment agreement made recently with the Ngati Tahu Ngati Whaoa Trust from New Zealand. The government stated that a recent judgment made by the New Zealand High Court against the current Chairman of the Trust "was a private matter which does not...affect the Agreement that exists between the Trust and the Tongan Government."

The National Reserve Bank of Tonga wishes to assure the public that despite the revocation of the banking licence of Pacific International Commercial Bank (PICB) effective from 26 July 2016, the banking system remains sound. While PICB represented a very small proportion of the total banking system, the banks in Tonga continue to be profitable and maintain strong liquidity and capital position.

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.

Five new Shared Directors for Tonga's Transport Sector Public Enterprises have been named by the Ministry of Public Enterprises on May 9. The Transport Sector Board includes the Ports Authority Tonga, Tonga Airports Limited and Friendly Islands Shipping Agency.

Tonga Asset Managers and Associates Ltd. (TAMA) presented its first dividend of $50,000 to Hon. Poasi Tei, Minister of Public Enterprises, for its shareholder, the Government of Tonga on 9 December.

For the cause of human development and progress, the year 2015 is a significant year ... Both China and Tonga are developing countries. Our people suffered from a similar scourge, and both have travelled a path fraught with hardship. So China has a clear idea of the challenges faced by Tonga and has provided continuous support for Tonga’s sustainable development. In 2015, China and Tonga helped each other on the international stage and the bilateral relations keep improving with fruitful achievements and bring benefits to our people. By H.E. Huang Huaguang.

Tonga Power Ltd. (TPL) is taking the next step in the continuing modernization of its network to provide customers a more efficient and reliable electricity supply.

The National Reserve Bank of Tonga wishes to inform the general public that the license of Melie-Mei-Langi Co. Ltd has been revoked and is no longer authorized to conduct foreign exchange business. Members of the public are encouraged to report to the National Reserve Bank of Tonga any person or business that is advertising or providing foreign exchange services but are not authorized dealers or authorized restricted dealers. ‘Oku fanongonongo atu foki ke fakatokanga’i ange ‘e he kakai ‘o e fonua kuo kaniseli ‘a e laiseni ‘o e kautaha Melie-mei-Langi Co. Ltd pea kuo ‘ikai ke fakamafai’i ke toe fetongi pa’anga muli.