Tonga government officials told a Chinese business delegation that they would review a policy that imposes 15% consumption tax on business investments in Tonga. They also told the potential investors that tourism is “Tonga’s most vibrant industry” and that Tonga has fish to give for fishing boats and it will speed up its process of issuing licenses to fish in Tonga’s waters.
Consultations on Tonga’s Employment Relations Bill 2013 have been extended to 31 May 2013, and a revised bill is expected to go to parliament in August.
A mother of five, Siunipa Nimo (45), won a business award on May 10 for improving her small homemade baking business using the South Pacific Business Development Microfinance program.
A draft Employment Relations Bill 2013 is being discussed in Nuku’alofa introduced by a Government convinced that there are important provisions that need to be legislated soon to safeguard fundamental rights. Some business owners questioned how fair the bill will be for those involved, its costs and impact on businesses who are already struggling in a weak economy, while others supported it. By Linny Folau
An ill-timed move by government to enact an Employment Relations Bill 2013 will cripple businesses with extra costs and reduce employment, according to the Tonga Chamber of Commerce and Industry Inc., who this week are facing a growing confrontation with Tonga’s Minister of Labour, the International Labour Organisation (ILO) and hardliners in Tonga’s Public Service Association.
Twenty-two schools in Tonga will participate in the annual “Youth in Business Challenge” to win prizes that include a fully-paid five day trip to New Zealand and a $3000 pa’anga investment.
Four young entrepreneurs have won $1,900 seed capital for building their business plan, in a competition for business investment capital.
Tongatapu’s Mata’aho Kindergarten received a gift of 48 desks and chairs on Monday, February 25 in Nuku’alofa, donated by Ezi World Cargo.
ProComm Services, a new Help Line-Call Centre for telecommunications services in Tonga was officially launched by Princess Angelika this morning, 28 February at the Tungi Collonade, Nuku’alofa.
A new tax regime for small businesses in Tonga, offering flat tax rates on turnovers of under $100,000, has been drawn up by government in a proposed amendment to Tonga’s Income Tax Act 2007.