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Thursday 7 April 2011
Abu Dhabi, United Arab Emirates
Tonga has been confirmed as one of the 21 Council members of the International Renewable Energy Agency (IRENA) at the end of its inaugural assembly at Abu Dhabi, United Arab Emirates on Tuesday, April 5.
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Thursday 7 April 2011
Nuku'alofa, Tonga
PACIFIC governments need to put adequate priority into national budgets for the development of agriculture, said the FAO Director-General Mr Jacques Diouf, who opened the Ninth FAO South West Pacific Ministers of Agriculture Meeting in Vava'u on April 5.
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Thursday 24 March 2011
Nuku'alofa, Tonga
Tonga is at high risk of debt distress and cannot afford to take on more borrowing, according to an Asian Development Bank report that was released this month.
Tuesday 15 March 2011
Nuku'alofa, Tonga
Tonga's official Foreign Reserves held by the National Reserve Bank of Tonga in February was $158.8 million, the equivalent of 6.5 months of imports of goods.
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Thursday 10 March 2011
Nuku'alofa, Tonga
A decision on whether the price of electricity will go up or not will not be known until April 6, said the Chief Executive Officer of Tonga Power Ltd, Peter McGill.
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Tuesday 1 March 2011
Nuku'alofa, Tonga
A large decline in remittances to Tonga is slowing down the economy while the inflation rate is expected to rise continually over the next six months, causing a weak domestic economy, Tonga's Reserve Bank has reported.
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Monday 21 February 2011
Nuku'alofa, Tonga
Alex Thursby, the CEO for ANZ Bank Asia Pacific, Europe and America said on his arrival in Nuku'alofa on Thursday, February 17 that for the Pacific to increase its economic development it should "capitalize on its proximity to Asia and the growing connections it has with the region."
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Monday 21 February 2011
Rome, Italy
In a world that has 1.6 billion people who are overweight, the biggest challenge to mobilizing action against hunger is that hunger is becoming invisible in places, "and in a world exploding with prosperity and possibility we have become morally bankrupt, we have lost the sense of compassion. . .," UN Messenger of Peace HRH Princess Haya Al Hussein said this weekend, appealing to leaders who can make a difference for the rural poor. - By Mary Lyn Fonua
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Wednesday 16 February 2011
Nuku'alofa, Tonga
Tonga's official Foreign Reserves fell by $12.3 million from $177.5 million to $165.2 million in January 2011.
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Tuesday 15 February 2011
Nuku'alofa, Tonga
Tonga's Minister for Labour, Commerce and Industries, Hon Lisiate 'Akolo was appointed by Trade Ministers from Pacific members countries of the Africa, Caribbean and Pacific, ACP as their Spokesperson in their continuing negotiation, for an Economic Partnership Agreement (EPA) with the European Union (EU).
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Sunday 6 February 2011
Nuku'alofa, Tonga
A mother of nine children Ma'ata Latu (56) won a business award on Friday for establishing a small market garden using a microfinance programme on a 25% interest rate. 2011-02-06
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Wednesday 2 February 2011
Nuku'alofa, Tonga
A new Agro Building Complex and a renovated Tu'imatamoana Fish Market should be a booster for the enthusiasm of Tongan growers and fishermen to export more of their produces overseas, the Minister of Agriculture and Fisheries, Lord Vaea said at the opening of the complex on the seafront in Nuku'alofa on January 27.
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Tuesday 1 February 2011
Nuku'alofa, Tonga
Kumala noodles, duck raising, mushrooms-growing and methane-generating pits are projects that Tonga will see under a new TOP$1.6m China technical grant.
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Monday 31 January 2011
Nuku'alofa, Tonga
A year after signing hydrocarbons exploration and mining agreements with the Tonga Government, a US-based venture capitalist group announced in Nuku'alofa on January 27 that they aimed to start exploratory drilling for oil in Tonga's seabed in 2014 - and they celebrated the occasion with not only a project presentation but also a guest performance by a Las Vegas singer flown to Tonga.
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Monday 17 January 2011
Nuku'alofa, Tonga
A new service that allows people in Tonga to transfer money and pay bills using their mobile phones was introduced by Digicel Tonga in January. by Finau Fonua.
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Friday 14 January 2011
Nuku'alofa, Tonga
Tonga's Foreign Reserve for December 2010 that was held by the National Reserve Bank of Tonga, rose by $9.5 million to $177.5 million compared to $168.0 million in November 2010 and $160.4 million in December 2009.
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Wednesday 1 December 2010
Nuku'alofa, Tonga
Tonga's ANZ Bank staff were the first to step out in new uniforms yesterday, ahead of the bank's other branches in 32 countries around the world.
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Monday 15 November 2010
Nuku'alofa, Tonga
Tonga Power Ltd made a $1 million pa'anga dividend payment to the Government on November 10, the first time ever for a government-owned electricity provider to pay the Tonga government dividend.
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Tuesday 9 November 2010
Nuku'alofa, Tonga
While the domestic economy shows signs of recovery, the outlook looks weak, according to the National Reserve Bank of Tonga.
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Saturday 30 October 2010
Nuku'alofa, Tonga
A large civic clock on the front of the Tonga Post office in central Nuku'alofa was handed over to the Tongan community on Thursday, October 28 after it was unveiled and accepted by the Prime Minister of Tonga Hon Dr Feleti Sevele.
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