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.
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Wednesday 12 December 2018
Nuku'alofa, Tonga
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.
Friday 23 February 2018
Nuku'alofa, Tonga
Additional line mechanics have arrived in Tonga to assist Tonga Power with restoration works of electricity in Tongatapu.
Monday 19 February 2018
Nuku'alofa, Tonga
Bank South Pacific (BSP) Tonga has donated $30,000 to Tonga Red Cross relief program to support the victims affected by Cyclone Gita. Sione Taumoefolau, Secretary Generale for Tonga Red Cross Society said “this will go a long way in assisting their work in hiring trucks to deliver aid to affected areas, feeding the volunteers and other needed support.”
Wednesday 15 November 2017
Nuku'alofa, Tonga
The Chairman of the combined utility board, Mr Carl Sanft presented a cheque of $7,319,219 to the Minister of Public Enterprises, Hon. Poasi Tei as the utilities combined dividend and tax for the 2016/2017 financial year. This is a record dividend and tax and the highest to be paid to the shareholder, the Government of Tonga by a Public Enterprise.
Wednesday 15 November 2017
Nuku'alofa, Tonga
The Shared Transport Sector Public Enterprises – Ports Authority Tonga (PAT), Tonga Airports Limited (TAL) and the Friendly Island Shipping Agency (FISA) – concluded the Financial Year (FY) 2017 with an outstanding combined Net Profit Before Tax of $8.4 million, compared to $6.5 million in 2016,
Friday 3 November 2017
Nuku'alofa, Tonga
Six electrical Line Mechanics from Tongatapu and the outer islands will go to New Zealand for skills development, under an arrangement between Tonga Power Ltd. and Northpower Ltd. Since 2003, Northpower have recruited 34 line mechanics from Tonga.
Thursday 3 August 2017
Auckland, New Zealand
Ports Authority Tonga was elected as the new President of the Pacific Maritime Transport Alliance for the next three years, at PMTA's Annual General Meeting held in Auckland, New Zealand, yesterday. The Chairman of the Transport Shared Board of Directors, Mr Stephen Edwards accepted the role on behalf of Ports Authority Tonga.
Thursday 6 July 2017
Nuku'alofa, Tonga
A roof top solar system at the Prince Wellington Ngu Hospital, Vava'u, was officially inaugurated on July 3 by Crown Prince Tupouto'a 'Ulukalala.
Monday 19 June 2017
Nuku'alofa, Tonga
Ha'apai will be the first islands group in Tonga to achieve 50% generation from renewable energy, after the commissioning of the 550 kWp "Ha Masani Solar Facility" by the Australian High Commissioner to Tonga, HE Mr Andrew Ford at Pangai on June 15.
Saturday 1 April 2017
Nuku'alofa, Tonga
Cargo throughput increased by 15% in 2016 compared to the previous year and this trend is expected to continue during major construction projects in the country, the Ports Authority Tonga stated in its 2016 Annual Report released today. Container throughput hit a record high and ships calls increased by 19% during the same period. Net Profit After Tax was $2.2 million, an increase of 16% from the 2014/15 result, allowing shareholders increased dividends. Pulusi 'o e Fakamatala Fakata’u 2016 – Ma'u Mafai ki he Ngaahi Taulanga 'o Tonga.
Thursday 15 December 2016
Nuku'alofa, Tonga
Tonga Airports Ltd. has declared a $2 million pa'anga Annual Dividend for 2015-16, payable to its shareholder, the Government of Tonga, its highest-ever dividend pay out.
Friday 2 December 2016
Nuku'alofa, Tonga
The first ever shipment of Tongan squash to China left Tonga this week, after Tongatapu exporter Nishi Trading successfully passed a strict quarantine inspection on Saturday, 26 November 2016. This important achievement took 18 months of negotiation and inspections leading to an initial protocol between the Governments of China and Tonga in May. This initiative was supported by PHAMA - the Pacific Horticultural & Agricultural Market Access Program.
Friday 2 December 2016
Nuku'alofa, Tonga
Growth in cargo volumes and the number of ships calling at the Port of Nuku’alofa, as well as operating efficiencies has resulted in a record dividend of $$1,617,862 for the financial year 2015/16 for the Ports Authority of Tonga. The dividend was declared by the Board of Directors on 1 December 2016, during their Annual General Meeting in Nuku'alofa, when the Chairman Mr Stephen Edwards, presented a dividend cheque to the Minister for Public Enterprises, Poasi Mataele Tei, for the shareholder, the Government of Tonga.
Wednesday 30 November 2016
Nuku'alofa, Tonga
An 18 month long project to support the development of the vanilla industry in Vava'u this year has also helped Tonga's MAFF and Australian development partners to better understand the challenges and opportunities faced by vanilla growers and the vanilla industry. Over 100 vanilla growers were directly assisted and 328 plantations monitored under the project, which has identified a need for new plantings, particularly on small family plantations.
Wednesday 30 November 2016
Nuku'alofa
Tonga's Minister for Public Enterprises, Hon. Poasi Tei received a dividend cheque of $4,345,262 pa'anga, presented by the Chairman of the Common Utilities Board of Directors, Carl Sanft on November 29. The Combined Utility Dividend for the year 2016 goes to the Government of Tonga, being the sole shareholder of power, water and waste utilities and the subsidiary companies Tonga Gas Ltd. and Home Gas Ltd.
Wednesday 2 November 2016
Nuku'alofa, Tonga
Bank of South Pacific Tonga Ltd. last week opened new sub branches at Ha'apai and ‘Eua with fully Automated Teller Machine (ATMs) installed. BSP Country Head, Daniel Henson said renovations at the Vava'u branch were also opened by the Governor of Vava'u, Lord Fulivai, attended by the Chairman of Bank South Pacific, Sir Kostas Constantinou OBE.
Friday 23 September 2016
Nuku'alofa, Tonga
The Ha'apai solar farm project - an on-grid project which will become the first utility scale solar energy generation facility in Ha’apai - was visited yesterday by Australian Minister, Senator Concetta Fierravanti-Wells and her delegation who were welcomed by Tonga Power Ltd. staff and the Governor of Ha'apai, Mo’ale Finau. Australia has contributed AUD$5.7 million towards Tonga's Outer Islands Renewable Energy Project in co-financing with the Asian Development Bank and the European Union.
