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The National Reserve Bank of Tonga has recommenced the pay out of claims by depositors and creditors of the former Pacific International Commercial Bank. In a statement on August 11, the NRBT said that payments may be collected from the NRBT. The license of the PICB was revoked by the Reserve Bank on July 26.

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 Airports Ltd. has declared a $1.3 million pa'anga annual dividend for 2014-15 - its highest dividend amount payable to its shareholder the Government of the Kingdom of Tonga.

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The National Reserve Bank of Tonga wishes to inform the general public that the license of Melie-Mei-Langi Co. Ltd has been revoked and is no longer authorized to conduct foreign exchange business.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.

Issue of the Revised Anti-Money Laundering/ Counter Financing of Terrorism (AML/CFT) Guideline. The National Reserve Bank of Tonga, in its capacity as the Transaction Reporting Authority (TRA), is issuing the Revised AML/CFT Guideline pursuant to section 11A(o) of the Money Laundering and Proceeds of Crime (Amendment) Act 2010 [MLPC Act]. Tukuatu ‘o e Tohi Fakahinohino ki hono fakafepaki’i hono fe’ave’aki fakapulipuli ‘o e pa’anga kaka, pa’anga hiamatea mo e fakapa’anga ‘a e ngaahi ngaue fakatautoitoi. Official Press Release from the National Reserve Bank of Tonga (English and Tongan).

Government has approved in principle the draft Tongan Strategic Development Framework 2015-2025, ‘A more progressive Tonga: enhancing Our Inheritance’ to be shared widely to the public and stakeholders outside government for information and comment. Key Stakeholders and the public are invited to review and submit comments on the TSDFII before March 31, 2015.