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Tuesday 10 November 2015

Nuku'alofa, Tonga
The implementation of the government’s controversial 1% Foreign Exchange Levy has been deferred again for a “few weeks”, stated the Minister of Finance, Hon. ‘Aisake Eke in a letter, dated 6 November, circulated to general managers of financial institutions in Nuku’alofa.
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Monday 9 November 2015

Nuku'alofa, Tonga
Tonga has accumulated a Foreign Reserve of $311.7 million pa’anga at the end of September, while its domestic inflation rate was 3.2% for September, according to the latest figures on the National Reserve Bank of Tonga website.
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Wednesday 4 November 2015

Nuku'alofa, Tonga
The Foreign Exchange Levy Act 2015 that was originally scheduled to be implemented on 21 October, finally came into force yesterday, November 3, allowing government to collect one seniti from the banks on every pa'anga sold or purchased in foreign exchange transactions.
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Tuesday 3 November 2015

Nuku'alofa, Tonga
Tonga’s initiative to open up a new export market for Tongan squash in China could lead to first shipments as early as next season (2016) – if the Chinese government is satisfied that Tonga’s produce does not present a “high risk” for food safety and biosecurity - and that means that Tonga's produce has to be clean to a high standard, throughout the growing, packing and export process.
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Wednesday 28 October 2015

Nuku'alofa, Tonga
Tonga’s new Foreign Exchange Levy Act 2015 that came into force on Wednesday last week has disrupted the movement of foreign exchange in and out of the country, as bankers do not know how to apply it.
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Friday 23 October 2015

Nuku'alofa, Tonga
Looking at the possibility of opening up a new market for Tongan squash exports to China, a delegation of quarantine officials from China arrived in Tonga today on an exploratory visit, at the invitation of the Ministry of Foreign Affairs, supporting an initiative of Tongan squash exporters.
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Friday 23 October 2015

Nuku'alofa, Tonga
Tonga and Forum Island Countries (FIC) will benefit from enhanced regional trade and economic integration under the Pacific Agreement on Closer Economic Relations (PACER) Plus Agreement, with Australia and New Zealand.
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Friday 16 October 2015
Nuku'alofa, Tonga
Prices for petrol, diesel and kerosene in Tonga will increase starting on Friday, 16 October.
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Tuesday 13 October 2015
Nuku'alofa, Tonga
The European Union has released a grant of $8.718 million pa’anga to assist Government’s revised Tonga Energy Road Map (TERM).
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Sunday 27 September 2015

Nuku'alofa, Tonga
Tonga’s future is not on land but in its marine area on the continental shelf, and “we want to help Tonga tap into the Blue Economy,” said Deodat Maharaj, the Commonwealth Deputy Secretary-General, during his one-day stop over in Tonga on 15 September. By Pesi Fonua
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Thursday 24 September 2015

Nuku'alofa, Tonga
Opening a new OE Home Centre in the Nuku’alofa CBD Tonga’s Acting Prime Minister Hon. Siaosi Sovaleni, this evening acknowledged that Private Sector development is very important for a sustainable government.
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Friday 18 September 2015

Nuku'alofa, Tonga
Energy efficient lights and air conditioning units were today received by the Tonga government to help reduce the consumption of electricity.
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Wednesday 16 September 2015
Nuku'alofa, Tonga
The wholesale and retail prices for Liquefied Petroleum Gas in Tongatapu and Vava‘u have dropped today, Wednesday 16 September.
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Tuesday 15 September 2015
Nuku'alofa, Tonga
Prices for petrol, diesel and kerosene in Tonga will decrease for September to October.
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Friday 4 September 2015
Nuku'alofa, Tonga
Tonga’s Heilala Vanilla extract has been used to produce Lewis Road Creamery Fresh Vanilla Milk that is currently being sold in New Zealand.
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Wednesday 2 September 2015
Nuku'alofa, Tonga
Member states of a Commonwealth Virtual Currencies Working Group, including Tonga, reached a consensus to consider adapting or enacting new legislation to regulate virtual currencies, in London last week.
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Tuesday 25 August 2015
Nuku'alofa, Tonga
Solar power is the most efficient renewable energy method in Tonga, students from the University of Canterbury in New Zealand found after investigating various renewable energy projects during a one-week trip.
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Monday 24 August 2015

Nuku'alofa, Tonga
Tongan fruit pickers are taking part in two leadership and training programs launched on Monday, 24 August in Nuku'alofa.
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Monday 24 August 2015

Nuku'alofa, Tonga
Pacific Retail Limited (PRL) have sold their Office Equipment Ltd. business to Pancom Holdings Limited (PHL) in a privately negotiated sale that closed in June 2015.
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Monday 24 August 2015

Nuku'alofa, Tonga
Recycled clothing, a popular informal business in the Pacific Islands, has become a highly-organised industry across the region and now in Tonga, with the opening of a new business venture by the 'Uta'atu family, called Value City (Tonga) Ltd. on Saturday.
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