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Thursday 25 March 2021

Nuku'alofa, Tonga
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

Nuku'alofa, Tonga
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.
Tuesday 29 December 2020

Nuku'alofa, Tonga
The Electricity Commission as required by the Concession Contract, has approved a tariff adjustment amounting to a total increase of 7.58 seniti/kWh from 63.82 seniti/kWh in electricity tariff, to be effective on 1 January 2021. Meter reading shall commence on 4 January 2021. Ko e totongi ‘uhila kamata koe seniti ‘e 71.40 ki he kilouati, ko e totongi ‘uhila fo’ou ia ‘e kamata ngaue’aki ‘e he Kautaha ‘Uhila pea ‘e vakai’i fakakuata ‘o fakatefito ‘i he feliliuaki ‘i he totongi ‘o e lolo pea mo vakai’i fakata’u ‘o fakatatau ki he feliliuaki ‘i he totongi koloa.- Tonga Power Ltd.
Tuesday 15 December 2020
Adrian Morrison

Nuku'alofa, Tonga
We are all dealing with the impacts of emissions and climate change—in Australia, in Tonga and everywhere else in the world. To support others around the world, at the PIF High-Level Roundtable in December, Prime Minister Morrison announced Australia’s new global climate finance pledge of at least $1.5 billion over the period 2020 to 2025. This includes a $500 million investment in the Pacific to support renewable energy deployment and climate and disaster resilience. This is a 50 per cent increase on Australia’s previous pledge. By H.E. Adrian Morrison, the Australian High Commissioner to Tonga
Thursday 5 November 2020

Nuku'alofa, Tonga
PUBLIC NOTICE: To regulate and supervise non-bank financial institutions, the National Reserve Bank of Tonga developed the Moneylenders Act 2018. This Act was proclaimed by Cabinet to come into force on 30th September 2020, and a Gazette notice has been publicly posted and published on the Reserve Bank’s website and Facebook page. The Reserve Bank is requesting that those moneylenders listed in the following Table below please contact the Reserve Bank as soon as possible to apply for a moneylender license. For more information in English and Tongan ... Lao ki hono Tokanga’i mo Pule’i ‘o e Ngaahi Kautaha Nō atu ‘o e Pa’anga ‘i Tonga΄ ...
Friday 23 October 2020

Kingston, Jamaica
Digicel, on October 20, launched itself as a Digital Operator, marking the occasion by delivering simply more through a suite of eight apps and a promise of powerful digital experiences.
Friday 2 October 2020

Nuku'alofa, Tonga
An Implementation Agreement for the extension and expansion of the Government Development Loan was signed on October 1 by the Chief Executive Officer of the Ministry of Finance, Balwyn Fa’otusia, and the CEO of the Tonga Development Bank, Leta Kami. The scheme will run for another five years up to 2025.
Tuesday 4 August 2020

Nuku'alofa, Tonga
The proposed establishment of the Confucius Institute at the Tonga Institute for Higher Education will contribute to development of the Tongan higher education system and promote economic, cultural and academic exchanges between Tonga and China, enhancing friendly cooperation and people-to-people understanding through Chinese language learning. - By Col. (Rtd.) Siamelie Latu.
Saturday 28 March 2020

Nuku'alofa, 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.
Tuesday 17 March 2020

Singapore
In a deal that will strengthen shipping services network throughout the South Pacific, the Neptune Pacific Line (Neptune) announces it has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The combined business will seamlessly link transport, warehousing, depots and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets.
Sunday 8 March 2020

Nuku'alofa, Tonga
On International Women’s Day, the South Pacific Business Development (SPBD) Microfinance Network honours its female clients and female staff for their hard work, drive, and determination. “Our members want to improve their lives and their families’ lives. They want healthier housing, better nutrition, and better education for their children...and they have to rely on their own resourcefulness,” says SPBD General Manager Fine Tu’ipulotu, who is proud to help them succeed.
Wednesday 12 February 2020

Nuku'alofa, Tonga
Paying to the shareholder a combined total tax of $1.9 million during the financial year 2018/19 – the Transport Sector Public Enterprises reports a return to the shareholder and the people of Tonga, a total dividend and tax of $5.5 million for their performance during the financial year 2018/19, an increase of 57% from the financial year 2017/18. The Transport Sector Public Enterprises consists of the Ports Authority Tonga, Tonga Airports Limited, and the Friendly Island Shipping Agency.
Monday 3 February 2020

Nuku'alofa, Tonga
This article will elaborate on how the UN works and the role of China as a developing country and permanent member in the 15-Members United Nations Security Council, and its contributions to peace and security. China supported Tonga’s admission to the UN. It is important to note that Tonga is not a member of the Security Council.
Friday 22 November 2019

Nuku'alofa, Tonga
The South Pacific Business Development (SPBD) celebrated a double milestone reaching its 10th Anniversary and TOP$100 Million in loans disbursement, on 22 November at its office in Fanga, Nuku’alofa.
Tuesday 26 March 2019

Nuku'alofa, Tonga
Tongatapu and 'Eua communities are learning how to restore their water supplies and improve sanitation, under a post-cyclone recovery training programme implemented by Live & Learn Environmental Education Tonga, along with Tonga Skills providing accredited training in financial and plumbing skills.
Tuesday 12 March 2019

Nuku'alofa, Tonga
The SPBD Microfinance Network, the largest microfinance provider in the South Pacific, has promoted Fine Tu'ipulotu to General Manager of South Pacific Business Development (SPBD) Microfinance Ltd in the Kingdom of Tonga. Fine is the first Tongan-born national appointed to the top post.
Wednesday 12 December 2018

Nuku'alofa, Tonga
A total dividend and tax of $3.5 million pa'anga for the Financial Year 2017/18 was paid to the government shareholder by the Shared Transport Sector Public Enterprises this week. Chairman Dr Sione Ngongo Kioa reported that Ports Authority Tonga (PAT), Tonga Airports Ltd. (TAL) and Friendly Islands Shipping Agency (FISA) continued to maintain their combined net profit before tax above the $8 million mark. The dividend is 25% of net profits and the remaining 75% of net profits after taxes will support the Transport Sector's critical projects.
Wednesday 28 November 2018

Nuku'alofa, Tonga
The University of the South Pacific-Tonga campus welcomed HM King Tupou VI for the commissioning of their new Kukū Kaunaka Collection of academic theses by Tongan scholars, in a closed event on November 14. In a statement, USP said: “It was indeed a most humbling and significant event as Tonga USP staff marked the 50th anniversary of the USP service in the region and in Tonga.”
Thursday 27 September 2018

Nuku'alofa, Tonga
In 2018, Kramer Ausenco celebrates 40 years of operating in Papua New Guinea and the South West Pacific region. We have been involved in numerous projects in the country and the region, across a range of industries including mining, oil and gas, power, hospitality, maritime, and health and education.
Friday 18 May 2018

Tokyo, Japan
Partnership among Pacific Islanders - Towards a Prosperous, Free and Open Pacific: It was more than 20 years ago in 1997 when the leaders of Japan and the Pacific island countries first gathered in Tokyo to launch the first Japan-Pacific Island Leaders Meeting (PALM, then known as the Japan-South Pacific Forum Summit Meeting). Japan was among the first countries to establish a summit-level framework dedicated to forging stronger ties with Pacific island countries. - Shinzo Abe, Prime Minister of Japan.

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