Results for Tonga

Consumption is up as economic activity increases in Tonga. Trade figures for the first quarter of 2000 compared to the same period in 1999, for selected Tonga imports. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

Tonga’s struggle to maintain its foreign earnings at a level that will allow it to continue to trade with overseas countries, and to build up its economy so that it can be part of the so called Global Economy, remains an up-hill battle. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

Tongan Prime Minister, Prince ‘Ulukalala Lavaka Ata, joined world leaders attending the U.N. Millennium Summit in September, the largest such gathering in recorded history. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

The first franchise agreement between a USA company and a Tongan company was realised on August 31, when ACE Lionvest Timber and Hardware Ltd. was officially opened by the Chairman of the company, Baron Vaea of Houma. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

It was business as usual for the former General Manager of Cable and Wireless plc, Jon Morris, when on August 18 he became General Manager of the Tonga Telecommunications International Limited, the new company that is linking Tonga to the rest of the world. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

Hon. Ma’atu is the Patron of the newly formed Tonga-USA Business Council, which announced its executive council on September 1 in Nuku‘alofa. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

The Tonga Trust Fund was established by the Tonga Trust Fund Act on 3 November 1988. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

The annual consultation meeting between TongaSat and a Satellite Committee of government got underway in Nuku’alofa for two days during the third week of August. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.

While Tonga’s economy is under pressure from the Reserve Bank, because of a steep dive in the Foreign Reserve; and while the Private Sector and the government are preoccupied with far-sighted new projects in telecommunications, power generation and the marketing of Tongan produce overseas—projects that could secure a place for Tonga in the global economy of the 21st century—Parliament, somehow, has been looking inwards, and preoccupying itself with its internal affairs. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.