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Results for Business

Friday 20 May 2016
Nuku'alofa, Tonga
Flour supplies are reported to be back to normal in Tongatapu, after wholesalers ran short early this month, said one of the island’s major bakers. Shipping cancellations and delays had contributed to a short supply of flour, but fresh stock was on the market today.
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Friday 20 May 2016
Nuku'alofa, Tonga
ANZ has reduced its International Money Transfer fees from New Zealand to Tonga, Samoa and Vanuatu aimed to make it easier for remittances that support incomes across the region.
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Wednesday 18 May 2016

Nuku'alofa, Tonga
Tonga’s goal of opening up a potential new market in China for its squash exports is another step closer. This week Chinese and Tongan officials agreed on the standards and processes that need to be met for a successful squash export partnership between the two countries.
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Friday 13 May 2016
Nuku'alofa, Tonga
Prices for petrol, diesel and kerosene will continue to increase in Tonga for May to June starting on Monday, 16 May.
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Thursday 12 May 2016
Nuku'alofa, Tonga
Half a seniti of “the bank’s spread” of every pa’anga that is bought and sold through Tonga’s foreign exchange services will be charged, starting 1 June 2016, after a foreign exchange levy was endorsed by Tonga’s government to help fund the 2019 Pacific Games. [updated]
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Tuesday 3 May 2016

Nuku'alofa, Tonga
Sour consumers are complaining that small bags of sugar are selling in Tonga for up to $50 per kilo - far exceeding the regulated price of $4 per kilo, during an ongoing sugar shortage that has continued for around two weeks now. By Linny Folau.
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Thursday 28 April 2016

Nuku'alofa, Tonga
Food Security for Tonga is at the heart of the new ‘Tonga 2015 National Agricultural Census’ report that was released this morning, 28 April in Nuku’alofa. It is Tonga’s first Agricultural Census since 2001, and there has been a lack of reliable statistics for government planners and policy makers in the industry, which has seen a declining contribution to GDP over the last decade.
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Tuesday 19 April 2016

Nuku'alofa, Tonga
The Tonga Development Bank this month offered new soft loan terms for borrowers from the government’s multi millions Business Investment Incentive Fund that has been administered by TDB since 2014.
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Monday 18 April 2016
Nuku'alofa, Tonga
Prices for petrol, diesel and kerosene in Tonga for April to May this year will increase starting today, Monday 18 April.
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Tuesday 5 April 2016

A contract to start the construction of a new hospital and a three bedroom staff quarter on Niuatoputapu was signed on April 4 2016, with over $2 million funding by the European Union. The project follows the 2009 tsunami that destroyed the hospital, homes, and businesses on the remote island.
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Thursday 31 March 2016

Nuku'alofa, Tonga
Up to half a million pa’anga of “unclaimed” money held in bank accounts at the Bank of the South Pacific in Nuku’alofa will be swallowed up by the government in June if the amounts are not claimed by the owners soon. Several accounts belonging to the King of Tonga, as well as an Emergency Relief Trust Fund, a private retirement fund, and funds belonging to societies and groups such as the Tonga Society of Accountants, the Sisters of Mercy, the Ferry Princess Ashika Vava’u Victims Fund, the Friendly Island Teachers Association, and numerous PTA accounts, along with those of individuals and a few companies, will be included in a mass transfer of funds if unclaimed.
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Nuku'alofa, Tonga
Japan yesterday agreed to commit $3.6 million pa’anga to Tonga to purchase goods, which may include sports equipment, to help promote economic and social development efforts.
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Wednesday 23 March 2016
Nuku'alofa, Tonga
US$2 million in concessional financing approved by the World Bank on 16 March will support Tonga’s efforts to create “a more inclusive and resilient economy” through policy reform. It is to be funded with US$1 million credit and US$1 million grant, provided through the International Development Association, the World Bank’s fund for poorest countries.
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Thursday 17 March 2016
Nuku'alofa, Tonga
A two-day private sector consultation is being held this week on March 17-18 in Nuku’alofa, to discuss the potential implications of the Regional Pacer Plus Agreement (PACER Plus) on Tonga’s private sector, following the closing of previous consultations hosted by Tonga’s Ministry of Foreign Affairs and Trade and the Tonga Chamber of Commerce and Industry with representatives from the private sector and the Office of the Chief Trade Adviser (OCTA).
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Tuesday 15 March 2016

Nuku'alofa, Tonga
A rescue and tourism helicopter service offered to Tonga by Rodger McCutcheon, a New Zealand pilot, has moved to Samoa after Tonga delayed the start of the service earlier this year. Samoa’s Prime Minister, Tuilaepa Luesoliai Sailele Malielegaoi welcomed the new helicopter service and stated, “It is utter nonsense and ridiculous for any government to discard a service of this nature.”
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Tuesday 15 March 2016
Nuku'alofa, Tonga
The wholesale and retail prices for Liquefied Petroleum Gas in Tongatapu and Vava’u will slightly increase for the first quarter, March to June, starting tomorrow Wednesday, 16 March.
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Monday 14 March 2016
Nuku'alofa, Tonga
The price of petrol will continue to decrease, while diesel and kerosene will slightly increase from this month to April, starting on Wednesday 16 March.
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Monday 14 March 2016
Nuku'alofa, Tonga
Tonga has been warned that despite government’s strong revenue collection, Tonga’s fiscal position is expected to weaken in near term due to a large increase in the wage bill, an increase in current spending, and potential cost overruns related to Tonga’s preparations to host the 2019 South Pacific Games
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Friday 11 March 2016

Nuku'alofa, Tonga
The Secretary General of the International Telecommunication Union (ITU), Mr Houlin Zhao official launched a new Tonga government portal at the office of the Ministry of Information, this morning, 10 March.
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Monday 7 March 2016
Nuku'alofa, Tonga
Tonga is looking to lift labour standards by becoming the 187th member of the International Labour Organization (ILO) this year, effective from 24 February 2016.
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