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High interest rates on loans from banks, particularly from the Tonga Development Bank, have caused concern among business people who say that it further restrains economic development due to a lack of capital funds. Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

Any hope by the people of Tonga for their representatives and the Tongan parliament to pass a budget that could revive the economy by allocating a substantial amount of money as incentive to boost production in Tonga’s three main sectors, Agriculture, Fisheries and Tourism, was wishful thinking. From the House by Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

Three native American whalers, Tom Happynook, his son Brian, and a cousin, Larry Johnson visited Nuku‘alofa during the second week of July, after visiting Australia and New Zealand. Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

Japan could become a big importer of Tongan vanilla, according to Sitalini Naufahu of the Zuvva Import and Export Co. Ltd, in Nuku‘alofa. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

The writings of Tonga's late Queen Salote Tupou IV are being put together by Princess Nanasipau‘u Tuku‘aho, and scholars Dr. Adrienne L. Kaeppler, Dr. Elizabeth Wood-Ellem, and Dr. Melenaite Taumoefolau. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

The King opened a new fitness centre at Haveluloto on August 13. Called ‘Inga Health and Fitness Gym, it is a business venture of Va‘inga Tuigamala, the former All Black winger, who turned professional and is now playing for the Manu Samoa. The gym has been set up in a renovated village hall. Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

Anna Tupou, the globe-trotting marketing manager of TongaSat is in full support of Tonga joining the World Trade Organisation. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

A Free Trade Area agreement among South Pacific Forum countries is expected to come into force by October next year. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.

The Tonga Chamber of Commerce believes that Tonga should become a signatory to the regional Free Trade Area, and become a member of the World Trade Organisation as soon as possible, said the Chamber president, Paul Karalus. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.