Archive for category: News Items (Page 21)

“Hon. ‘Isileli Pulu Appointed as Minister for Labour, Commerce and Industries” 01st September 2011

Categories: News Items, News Room

Consequent to so

Former Minister for LCI, Hon. Lisiate ‘Aloveita ‘Akolo who is the new Minister for Police, Prisons and Fire Services commenced work today.

Hon. Pulu of Mango, Ha’apai and Ma’ufanga, Tongatapu

The Princess Regent, Her Royal Highness, Princess Salote Mafile’o Pilolevu Tuita has accepted the recommendation from the Prime Minister, Lord Tu’ivakano to appoint Hon ‘Uliti Uata as the Minister of Health on 25th January 2011.
Read more

Fisheries remains key to Pacific trade negotiations

Categories: News Items, News Room

[Port Moresby, PNG – Monday 8th August 2011] The Pacific’s fish stocks remain instrumental to the region’s negotiations for an Economic Partnership Agreement (EPA) with the European Union (EU).

The Pacific African, Caribbean and Pacific (PACP) Fisheries and Trade Ministers are meeting today in Port Moresby, Papua New Guinea, with the aim of considering various fisheries-related issues arising from the PACP-EU EPA negotiations. Read more

Operation of business activities without a ‘Valid Business License’ commits an Offence

Categories: News Items, News Room

The operation of businesses without valid business licenses in the country is a serious concern to the Ministry as it not only creates unfair competition for bona fide businesses but also poses risks on the health and safety of the general public.  Therefore, the Ministry wishes to inform all business operators in the country, that all businesses trading in Tonga are required under the Business License Act 2002 to hold a valid business license. Under section 19 of the Act, any person that carries out a business activity without a valid business license commits a serious offence and is liable to be fined or imprisonment.

It is the responsibility of the business operator to ensure that it holds a valid business license, and that your business license has been renewed for the year 2011. If you find that your business is operating without a valid business license, you are requested to immediately approach the nearest office of the Ministry of Labour, Commerce & Industries for assistance on your business license applications. A failure to do so would subject your business to the on-going inspectorate initiatives conducted by the Ministry to identify these illegal businesses and legal prosecution.

 The Ministry take the above concerns seriously through its inspection undertakings in collaboration with related authorities in Government to ensure all businesses are in compliance with the health and safety requirements in order to safeguard the public, create a level playing field for business to compete fairly, and restore business integrity and confidence to do business in the Kingdom.  The full cooperation of the business community and the general public are requested and further wish to advise the Ministry’s Business Licence Registry is also readily available for public inspection and copies of entries shall be provided during working hours at a minimal fee.

For further information, please contact the nearest branch of the Ministry of Labour, Commerce and Industries.

Ministry of Labour, Commerce and Industries

6 June 2011.

Consumer Protection Act (2000) and Regulations (2006) in Place to Safeguard Consumers

Categories: News Items

In response to the increasing trend of alleged breaching of the products safety standards that apply to all goods imported, manufactured and traded in the country, the Ministry wish to notify the public of the existence of the Consumer Protection Act (2000) and the Consumer Protection Regulation (2006) to safeguard consumers from these breaches.

More importantly, the Ministry wish to encourage the public to recognize the Consumer Protection Act (2000) and Regulations (2006) is in place to safeguard consumers and request public cooperation and assistance to help the Ministry effectively apply the stipulations of the Act and Regulations in order to restrict the trading of products which do not comply with the required safety standards. Therefore wish to draw attention of the public and consumers to the due process in place under the Regulations to consider consumer’s complaints through completed Consumer Complaint Forms, duly assessments, formed decisions and subsequent notifications under stipulated provisions to address these complaints.

In more detail, the product safety standards requires all products supplied, distributed or traded for consumer consumption in Tonga to be safe for the intended use, offer satisfactory level of utility, designed or manufactured in accordance with international standards. In this connection, the following goods should not be supplied, distributed or traded for consumer consumption including defective goods, goods that have exceeded their: “use by dates”, “best before dates”, or “ expiry dates. ” They also include all ‘counterfeit goods’ i.e. goods with labelling which do not describe, present or labelled in a false manner, misleading, or deceptive regarding its character. The product labelling must also declare the name and address of the manufacturer, country of origin, product use, content, maintenance, storage and disposal where appropriate, information relating to possible misuse of the product, and advise of any potential harms resulting from use of the product. Also important for the product labelling of goods should be written in the English or Tongan language, and shall be clear, legible and displayed in a visible position on the product.

 The public and all consumers in Tonga are therefore urged to assist the Ministry in combating the increasing trend of products being traded in breach of the Consumer Regulations (2006) by registering a complaint to the nearest office of the Ministry of Labour, Commerce and Industries or for further information. The Ministry is determined and committed to enforce these standards in order to safeguard the health and safety of the public.

 Ministry of Labour, Commerce and Industries
25 January 2011

Tonga New Petroleum Prices for January-February 2011

Categories: News Items

The Ministry of Labour, Commerce & Industries has approved the new petroleum prices for January- February 2011 which are to be effective from Monday 17th January 2011

Oil prices for January-February 2011 are mainly determined by the movement of FOB prices in the Singapore market based on December 2010 average prices of the daily published Means of Platts Singapore (MOPS) benchmark prices. In accordance with these FOB prices, domestic oil prices in Tonga are adjusted every mid-month based on the previous month’s market price data so as to minimize any possibility of price lags. For the month of January – February 2011, the Ministry records a significant increase in the petroleum price as compared to the price approved by the Competent Authority for December 2010-January 2011.

Retail prices for all products for January-February 2011 has significantly increased compared to December 2010-January 2011 prices. The retail price for January-February 2011 for Petrol leads the increase by 15.56 seniti/litre (6.2%), followed by Diesel by 11.40 seniti/litre (4.5%) and kerosene have increased by 10.71seniti/litre (5.5%).

The significant increase in January-February prices above is attributed to the following reasons:

  • Crude prices continued to increase breaking decisively above US$90/bbl during December. Product prices in the Singapore market are all now above US$100/bbl and averaged at or above this level during December.
  • The fundamental increase in the petroleum price is demand driving the market. Increase petroleum demand especially from developed countries fell in 2008/2009 but has now stabilized and begun to recover during 2010. Demand for petroleum usage in China for November 2010 was recorded to be nearly 1.9mb/d above 2009 levels. The cold weather in much of the northern hemisphere has also boosted demand particularly for heating fuel (similar to diesel) and kerosene. As with the last few months, product prices have increased even more than crude prices which is an indication that the rally is demand led (crude prices rising in response to higher demand for products)
  • On the supply side, OPEC continues to restrain supplies and again slow to increase petroleum supply. Increase in demand compare to restricted supply has pushed petroleum prices further up.
  • Freight rate and exchange rate remains steady. Therefore the full effect of the increase in the commodity price (Singapore MOPS prices) was seen in the increase in Tonga’s wholesale price (compare to the change last month where the Tonga Pa’anga had strengthened against the US dollar so the wholesale price increase was not as much as would have been expected from the rise in the underlying commodity price.

Issued by the MLCI, Monday 17th January 2011