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Tuesday 1 April 2014
Nuku'alofa, Tonga
The Tanoa Hotel Group of Fiji has pulled out from its proposed take over of the International Dateline Hotel, Tatafu Moeaki, the CEO for the Ministry of Finance and National Planning told the Tonga Chamber of Commerce yesterday, March 31.
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Friday 21 March 2014
Nuku'alofa, Tonga
The Asian Development Bank (ADB) is weeding out corruption from its development projects, barring any firm or individual it believes is cheating development projects.
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Friday 14 March 2014
Nuku'alofa, Tonga
The Ministry of Commerce, Tourism and Labour has announced greater fuel prices for March-April 2014, to be effective from Sunday February 16.
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Tuesday 11 March 2014
Nuku'alofa, Tonga
Four new bucket trucks were added to Tonga Power Ltd’s vehicle fleet to help upgrade the electricity distribution network of 33 villages in Tongatapu over the next five-years.
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Thursday 27 February 2014
Nuku'alofa, Tonga
Cyclone Ian could be a blessing in disguise for Tonga's struggling economy, with the Reserve Bank now predicting an economic stimulation from the inflow of new development assistance.
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Wednesday 26 February 2014
Nuku'alofa, Tonga
Tonga Power has announced a reduction in the price of electricity.
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Thursday 20 February 2014
Nuku'alofa, Tonga
Fuel prices have been lowered, effective since Sunday February 16.
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Thursday 20 February 2014
Nuku'alofa, Tonga
Tonga is expanding its tourism industry branding, 'The Kingdom of Tonga, the True South Pacific' to include the marketing of its agricultural produces overseas.
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Tuesday 18 February 2014
Nuku'alofa, Tonga
Tonga's International Dateline Hotel, will be temporary closed down on 28 February, to enable a major renovation work of the hotel to take place by its new owner, the Tanoa Hotel Group of Fiji.
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Sunday 16 February 2014
Geneva, Switzerland
An important review of Tonga's trade policy by the WTO in Geneva, Switzerland, from February 11-13, found that the Pacific island nation faces a backlog of reforms that are required to modernize and streamline its legal and regulatory frameworks for economic development. Tonga's imports continue to outstrip its exports by a factor of at least 10:1 annually and over 50% of its imports are for fuel and food.
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Thursday 13 February 2014
Nuku'alofa, Tonga
The Tongan Government is offering for sale 40% of its shares in the Tonga Development Bank.
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Wednesday 12 February 2014
Nuku'alofa, Tonga
The Pacific International Commercial Bank is expected to open its doors in March as the fifth bank in Tonga. The Chinese-Tongan bank venture is aiming to offer interest rate at six-percent.
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Tuesday 11 February 2014
Nuku'alofa, Tonga
The Tonga Communications Corporation (TCC) is offering 50% internet connection discount to all primary and secondary schools in Tonga, and to the Vaiola Hospital, effective from 1 January, under a special offer supported by the government and Tonga Cable Ltd.
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Tuesday 4 February 2014
Nuku'alofa, Tonga
Tonga Power Limited announced that it has increased electricity tariffs by a fraction of a seniti (0.39 seniti). New electricity tariffs for all Island groups are now 93.21 seniti per kilowatt (up from 92.82 seniti).
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Tuesday 4 February 2014
Nuku'alofa, Tonga
Tonga’s third solar farm is being constructed at Vaini on Tongatapu, at a cost of $14 million (USD) under Japanese aid funding. The project will introduce a special micro-grid system to coordinate electricity generated from a variety of renewable sources in the future.
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Friday 31 January 2014
Nuku'alofa, Tonga
Vanilla promises to be a major source of revenue for Vava'u growers and their families, who are being encouraged to recover neglected plantations and plant new vines.
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Wednesday 29 January 2014
Nuku'alofa, Tonga
A solar power project proposal submitted by Tonga High School has won $100,000 (USD) funding from the Zayed Future Energy Prizes for 2014 presented in Abu Dhabi, UAE, on January 20.
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Thursday 16 January 2014
Auckland, New Zealand
A New Zealand money transfer company, KlickEx, has discounted its services to Tonga in support of Ha‘apai’s cyclone recovery.
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Wednesday 15 January 2014
Nuku'alofa, Tonga
Increases in the wholesale and retail prices for Petrol, Kerosene and Diesel in Tonga take effect tomorrow, January 16.
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Tuesday 17 December 2013
Nuku'alofa, Tonga
Tonga Power Ltd has secured a grant from the Japanese government to fully fund a solar power project in Vaini. The grant of 1,573,000,000 Yen equates to roughly over USD$15.2 Million.
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