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Saturday 27 February 1999

Nuku‘alofa, Tonga
Afu‘alo Matoto has taken over the leadership role of the TDB at a time when the Bank is expected to play a major role in reviving the Tongan economy, by providing capital for the development of the agricultural, fisheries and tourism industries - areas that urgently need development to pull the country out of its current economic recession. But he says Tonga needs to first resolve its leadership crisis: “We need to crystallise our position and to take action.” By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 1, January 1999.
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Saturday 27 February 1999

Nuku‘alofa, Tonga
Exports have always been a part of the Asian Paints operation in Tonga, according to Ranjit Ahluwalia, the marketing manager, who said that exports really began to pick up in 1996 and by 1998, they had exported 75,000 litres to American Samoa and Western Samoa. Matangi Tonga Magazine Vol. 14, no. 1, January 1999.
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Saturday 27 February 1999

Nuku'alofa, Tonga
Pousima Afeaki started exporting in 1995 with one container of assorted produce…and by 1997 it had jumped to 65 containers. He is one of a handful of hard working Tongan farmer-exporters who can see a positive future for agricultural exports from Tonga. By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 1, January 1999.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
TongaSat resumes work on its vision for a trans-Pacific link between Asia and the USA. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
A business venture in Mainland China turned into a diplomatic mission for Princess Pilolevu and her team. By Pesi Fonua. Matangi Tonga Magazine Vol. 14, no. 3, December 1998.
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Sunday 20 December 1998

Nuku'alofa, Tonga
The farming of fresh water fish in the interior of Tongatapu sounds unusual considering that Tonga has more sea area than land, but the $50,000 project now being trialed means more to the University of the Nations than a local supply of fresh water fish. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Neiafu, Vava'u
A $10m EU project is creating a viable business environment in Tonga’s yachting centre. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
Concern over shop ownership is unfounded, says Labour Ministry. This year only 8 percent of all small retail shops registered in Tonga are owned and operated by Chinese immigrants, and they are all new Tongan nationals or married to a Tongan the Labour Ministry has confirmed. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
Buying locally-made goods creates jobs and keeps the pa‘anga in Tonga. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
Tonga’s new High Temperature Forced Air Treatment machine at the Fua‘amotu Airport, could be processing tons of fruit daily for export, but it is lying idle most of the time because there is no export produce to be treated. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku'alofa, Tonga
A $6 million Agricultural Development Program for the two Niuas and ‘Eua is underway to help growers in outlying rural communities. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
What could be the impact on Tonga of the merging of Mobile Oil and Exon? Stalini Naufahu, the president of Three Stars, a Tongan company that is the sole distributor of Mobile Oil in Tonga said, “very little in the immediate future, but the good news for Tonga is that Mobile is going to build six major distributing centres in the region, and they are awaiting for a go-ahead from the Tongan Government.” From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku'alofa, Tonga
Tonga’s biggest hotels face closure before the year 2000. The Pacific Royale Hotel, the International Date­line Hotel, the Friendly Islander Motel and the Royal Sunset Resort are fighting an up-hill battle to keep their doors open, and to remain in business. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
Tonga's economic downturn will not be turned around until the island country finds a way to get seriously into exports as a way of life. Incentives to attract investors and motivation to make people work remain elusive goals, while waiting for a plan of action. By Pesi Fonua. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku'alofa, Tonga
Introducing a new Malaysian building material to Tonga—asbestos free cement—were Lee Chong Poh and James Tang, of the UAC Berhard, of Kuala Lumpur, Malaysia. It was their first visit to Tonga. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998

Nuku‘alofa, Tonga
The Tonga Development Bank introduced a Venture Capital Scheme in 1993, but that is now on hold according to ‘Etikeni Samani, a senior assistant manager in human resource development and admini­­­­stration. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Thursday 1 October 1998

Nuku‘alofa, Tonga
The value of the Tongan pa‘anga has continued to drop against the currencies of Tonga’s major trading partners during the past eight months.
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Saturday 26 September 1998

Nuku‘alofa, Tonga
Tonga’s National Reserve Bank wants Tongans to cut down on overseas spending to slow the decline of the foreign reserves, and on September 14 announced new measures to restrain bank lending.
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Monday 27 April 1998

Niuafo'ou, Tonga
Tonga Telecommunications opened its new domestic satellite system, DOMSAT, to link Tongatapu, Ha‘apai, Vava‘u, Niuatoputapu and Niuafo‘ou in February 1998.
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