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′ ...
You are here
Results for Sponsored
Tuesday 14 March 2023
Nuku'alofa, Tonga
Monday 13 March 2023
Nuku'alofa, Tonga
Commonwealth Day, on the second Monday in March, is the annual celebration observed by people all over the Commonwealth in Africa, Asia, the Caribbean and Americas, the Pacific and Europe, where we can come together and celebrate the values and aspirations which unite us. Here in Tonga, four members of the Commonwealth are represented: our hosts, the Kingdom of Tonga, and Australia, New Zealand and the United Kingdom through our High Commissions.
Friday 10 March 2023
Nuku'alofa, Tonga
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.
Friday 27 January 2023
Nuku'alofa, Tonga
On Australia Day we reflect on our nation’s history and celebrate its achievements and all its people, including the 33,000 Australians that identify as having Tongan ancestry. Australia’s identity is complex; in addition to our first nations heritage and our British and European history, laws and systems of government, we are a country of people from more than 270 ancestries. - Statement from the Australian High Commission in Tonga.
Tuesday 25 October 2022
Matatoa, Tofoa
A special event today marks the official opening of Tonga’s first ever large-scale Battery Energy Storage Systems (BESS) by the Prime Minister Hon. Hu'akavameiliku. The two Battery Energy Storage systems are deliverables of the Tonga Renewable Energy Project (TREP) located at the Popua Power Station and at Matatoa, Tofoa. The project, worth a total of $16.7 million USD, is jointly funded by the Asian Development Bank, Green Climate Fund, and the Government of Australia, and implemented by Tonga Power Limited with assistance from the Government of Tonga.
Wednesday 19 October 2022
Nuku'alofa, Tonga
This week South Pacific Defence Ministers and senior military leaders came together in Tonga for what was a vital meeting. Australia will be there as a partner and a friend, as together we confront common threats to our collective security, including climate change, transnational crime, cyber-attacks and natural disasters. I’ll be working with the Defence Ministers right across the region to boost our defence cooperation, to find more opportunities for our servicemen and women to work alongside each other in a spirit of partnership, so that our forces become more capable and more interoperable. - The Hon Richard Marles MP, Deputy Prime Minister of Australia.
Tuesday 20 September 2022
Nuku'alofa, Tonga
Through her long reign, Queen Elizabeth became a part of our lives. How many lives did she touch without realising? Every day since her sad passing, Tongan friends here have told me stories of meeting Queen Elizabeth or seeing her on visits to Tonga or New Zealand or Australia, and I have been struck again how much of a family we are in the Commonwealth, with so much shared history and so much in common. - British High Commissioner in Tonga.
Tuesday 23 August 2022
Neiafu, Vava'u
A team of scientists is undertaking coastal marine surveys in Tongan waters to evaluate impacts to coral reefs and fisheries following the Hunga-Tonga Hunga-Ha'apai eruption in January 2022. Special Management Areas (SMAs) and aquaculture areas are of prime concern. With support from the Waitt Institute, the research vessel, “Plan b”, will arrive in Tongatapu today, 23 August, and conducting surveys until 5 September.
Wednesday 10 August 2022
Nuku'alofa, Tonga
The Ports Authority of Tonga (PAT) has signed a public- private partnership (PPP) contract for stevedoring services at the Port of Nuku’alofa, designed to improve operational efficiencies and reduce turnaround times for port users. PAT signed the 10-year stevedoring concession contract with Tongan-owned and operated firm Royco Port Services Limited after a competitive tender process involving four bidders.
Wednesday 3 August 2022
Nuku'alofa, Tonga
Mr. ‘Alo-ki- hakau Maileseni was appointed to the position of Chief Executive Officer of the Ports Authority Tonga on 1 August 2022, for a term of four years. The Chairman of the Transport Sector Board of Directors, Dr. Sione Ngongo Kioa and Board of Directors approved the appointment, which was endorsed by the Deputy Prime Minister and Minister for Public Enterprises, Hon. Poasi Mataele Tei.
Thursday 28 July 2022
Matatoa-Tofoa, Tonga
Tonga Power Ltd. is grateful for the emergency aid assets to support recovery of Tonga's distribution network, which were handed over by the Australian Government this week. This is in response to the requests for assistance after the electricity grid in the coastal areas of Tongatapu was heavily affected by the tsunami in January, during the eruption of the Hunga Tonga-Hunga Ha'apai volcano.
Monday 20 June 2022
Nuku'alofa, Tonga
Ko e me’a fakafiefia ma’u pe kiate kimautolu ke kau fakataha ‘i he kātoanga foaki ‘oe ngaahi tokoni mei Siaina ki Tonga. Ko e tu’otolu ‘aki ‘eni he ta’u΄ ni ‘a e kau fakataha ‘a e ‘Ofisi Faka’amipasitoa Siaina mo e ‘Ofisi ‘o e Palēmia ke fakahoko e kātoanga foaki ‘o e ngaahi palau ‘a ia ko hono fakakātoa ko e palau ‘e 70 kuo foaki ki he Pule’anga Tonga. Ko e ngaahi palau koia ‘e 30, ko e taha ia ‘o e makatu’unga malohi ‘o e ‘a’ahi mai ki Tonga΄ ni ‘a e Fakafofonga ‘o e Kōsiliō Fakafonua moe ‘Eiki Ministā ki Muli ‘a Siaina he ‘aho 31 Me ki he 1 Sune. Fai ‘e he ‘Amipasitoa Cao Xiaolin ‘i he kātoanga foaki ‘o e ngaahi Palau mei Siaina ki Tonga ‘aho 10 Sune, 2022
Monday 20 June 2022
Nuku'alofa, Tonga
Altogether, 70 farm tractors have been handed over to the Tongan Government this year. The latest batch of 30 farm tractors is one of the concrete outcomes of the visit by the Chinese State Councillor and Foreign Minister, H.E. Wang from 31 May to 1 June. Besides, there are more outcomes of the visit, and also cooperation in many fields. We are confident that all these assistance items will be helpful for the Tongan Government and the Tongan people in your recovery efforts for the economic and social development, and especially for food security. - Remarks by Ambassador Cao Xiaolin at the Handover Ceremony of the Farm Tractors from China to Tonga.
Thursday 2 June 2022
2 comments
Nuku'alofa, Tonga
This year sees the 70th anniversary of Her Majesty Queen Elizabeth II’s accession to the throne and her Platinum Jubilee. We believe this is the first time this has happened in a Commonwealth country in recent history, and it is a very significant historical moment. But it is much more than that – it is a moment to celebrate Her Majesty’s lifetime of service and devotion to her realms and to the Commonwealth, to celebrate ‘both the institution of the Crown and the exceptional individual who wears it’, as British Prime Minister Boris Johnson said so well. In the UK this weekend there will be a four day celebration. It will begin on Thursday 2 June. I will plant a tree in my garden here in Tonga in the coming weeks, to mark the Platinum Jubilee as part of the Queen’s Green Canopy initiative. - Lucy Joyce, British High Commissioner to Tonga.
Thursday 19 May 2022
Nuku'alofa, Tonga
A dividend of $782,048.69 for the financial year 2020-2021, for Tonga Communications Corporation, was declared by the public enterprises ICT Sector Shared Board, at its Annual General Meeting in Nuku’alofa on May 5.
Wednesday 11 May 2022
Nuku'alofa, Tonga
Nine scholarships were awarded to young students with a passion for science, on May 4, by Tonga Offshore Mining Limited (TOML), a subsidiary of The Metals Company, under its 2022 Scholarship Program in Tonga. Winners were presented with their certificates of merit by the Minister of Lands and Natural Resources, Lord Tu'i'afitu and Ms Pele Pome'e.
Sunday 8 May 2022
Nuku'alofa, Tonga
The Chairman of the Shared Board Transport Sector (PAT, TAL, FISA), Dr. Sione Ngongo Kioa presented a cheque of $1,642,689 million (75% of net profit after tax) to the representative of the shareholder, the Minister for Public Enterprises and Deputy Prime Minister, Hon. Poasi Mataele Tei, on May 4, as dividend of the Ports Authority Tonga (PAT) for the financial year 2020/21 during their 2022 Annual General Meeting, held at the Fa‘onelua Convention Centre, Nuku‘alofa.
Thursday 5 May 2022
Nuku'alofa, Tonga
After the challenges we have experienced to connectivity as a result of COVID-19, I am delighted the physical links between Australia and Tonga are building back. We are looking forward to greater flight connectivity between Tonga and Australia beginning this June, and I thank the Government of Tonga for taking the initiative to increase the frequency of passenger flights between our countries. While our physical links were temporarily less frequent, the link of friendship has always been strong. As members of the Pacific family, Australia and Tonga share a close relationship, built over more than fifty years of diplomatic relations. - Rachael Moore, Australian High Commissioner to Tonga
Thursday 3 March 2022
Nuku'alofa, Tonga
Bank of South Pacific Tonga Limited today announced a Net Profit After Tax of T$11.85 million for the financial year ending 31 December 2021. The result was driven by the release of Covid-19 provisions, good foreign exchange revenue, and strong transaction volumes. BSP Tonga Country Head, Mrs Marcellina Wolfgramm-Haapai said this result was 20% above the 2020 financial result.
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.