Results for Business

In March 2021, Tonga's official Foreign Reserves continued a downward trend. Following the previous month’s decline, the reserves fell by $6.7m to $685.7m, equivalent to 11.7 months of import, according to the National Reserve Bank of Tonga.

Kacific, the broadband satellite company that rescued Tonga from its digital darkness in January 2019 when the Tonga cable was cut, is taking legal proceedings to recover a fee of USD$5.76 million it claims is owed by a Tonga government entity, Tonga Satellite Ltd. By Mary Lyn Fonua.

HM Queen Nanasipau’u toured MORDI Tonga headquarters and plantation at Havelu today in support of local food farming.

Over 20 participants, including 10 solar PV technicians, attended a renewable energy mini-grid training in Neiafu, Vava’u on 28-30 April as part of resilience development in Tonga.

Setitaia Chen, who has been Tonga Power Ltd's Chief Executive Officer since August 2018, resigned last Friday, 23 April, due to family reasons. Nikolasi Fonua is now Acting CEO.

Hundreds of internet users lost their service in Tonga yesterday morning in an extended internet disruption that is continuing for some customers of Tonga Telecommunications Corporation for a second day, today. While the TCC wireless postpaid service remained operational yesterday, TCC staff explained that the outage affected their prepaid customers and the ADSL fixed line services.

A 5,000kg shipment of some exceptionally large and healthy taro from smallholder farmers at Feletoa, Vava’u, has arrived in Nuku'alofa for export to New Zealand.

Local businesses affected by the negative impacts of the pandemic can now apply for various components under a COVID-19 Business Support Fund. The deadline for applications is April 9 with the assistance to be announced at the end of the same month.

Tonga‘s CoViD-19 travel restrictions have disrupted national renewable energy targets for the next two years. Getting technical experts into the country to design and commission urgent work is a major problem. It is critical for Tongatapu’s Stablising Battery to be commissioned this month, says a key administrator.