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Results for ADB

Tuesday 19 February 2019
Nuku'alofa, Tonga
Budget support amounting to $35 million input from aid donors will not be released to the Tongan Government if they do not amend the Foreign Investment Act before the end of February, Tonga's parliament was told today. A letter from the Acting PM stirred up vociferous exchanges in the Tongan Parliament today. From the House by Pesi Fonua.
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Tuesday 11 December 2018

Sydney, Australia
The Asian Development Bank (ADB) welcomed the United States as the newest member of the Pacific Region Infrastructure Facility (PRIF) during a PRIF agency member leaders meeting today, 11 December.
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Friday 7 December 2018

Nuku'alofa, Tonga
A two-day Holiday Market Festival Thursday and Friday, at the Tonga Development Bank in Nuku'alofa showcased products of the bank's customers in a Microfinance Scheme and attracted Christmas shoppers. The scheme aims help improve the incomes of the 22.1% of Tonga’s population who live below the National Poverty Line.
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Wednesday 14 November 2018

Nuku'alofa, Tonga
A ground breaking ceremony to start a Nuku’alofa Power Network Upgrade Project was held on Wednesday, November 14 at Pahu.
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Wednesday 3 October 2018

Manilla, Philippines
Forecasts for economic growth in 2018 for Tonga remain negative at -0.3% a report by the Asian Development Bank (ADB) shows.
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Monday 18 June 2018

Nuku'alofa, Tonga
A new Court House in Pangai, Ha’apai was commissioned on Friday, June 15, a century after the old building was first constructed.
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Wednesday 31 May 2017
Nuku'alofa, Tonga
The Asian Development Bank has approved a $2.75 million loan and a $2.25 million grant to help Tonga strengthen it’s long-term economic growth prospects, while supporting and developing its capacity to respond to external economic shocks.
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Thursday 1 December 2016

Nuku'alofa, Tonga
A two-day Holiday Market Festival was launched at the Tonga Development Bank in Nuku'alofa this morning to showcase and sell the products of customers in their Microfinance Scheme – this year showcasing Vava'u, 'Eua and Ha'apai handicrafts and treasured mats. It will continue on Friday.
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Wednesday 14 September 2016
Manila, Philippines
Some 22.5% of Tonga’s population - or over 23,200 people live below the national poverty line, according to the Asian Development Bank's latest statistics released yesterday. The high cost of living as well as lack of access to basic infrastructure, services and utilities and the lack of employment or opportunities to generate income make it difficult for people to meet their basic needs.
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Sunday 4 September 2016
Manilla, Philippines
The Asian Development Bank (ADB) plans to spend up to $2.5 billion in loans and grants to strengthen economic development in 14 Pacific Island countries after it unveiled a new five-year strategy on 1 September.
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Friday 3 June 2016
Nuku'alofa, Tonga
Tonga has received a $3 million grant and a $3 million loan approved by the Asian Development Bank (ADB) to strengthen long-term economic growth and to have the capacity to respond to external economic shocks such as those caused by natural disasters.
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Thursday 3 March 2016

Nuku'alofa, Tonga
Tonga is leading the way in business leadership training for women. Fifteen professional women in Tonga completed a "Women's Business Leadership Program" conducted by the Asian Development Bank, and were presented with certificates on Wednesday, 2 March at Davina House.
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Tuesday 1 March 2016

Nuku'alofa, Tonga
New climate resilient buildings for twelve schools that have been rebuilt and refurbished in Ha’apai after being badly damaged by Tropical Cyclone Ian in 2014, were handed over to the Tonga government last week on 26 February.
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Wednesday 17 February 2016
Sydney, Australia
rivate sector reforms are leading to increases in business investment across the Pacific, including Tonga, according to the latest Pacific Private Sector Development Initiative (PSDI) progress report for the 2014-15 period.
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Friday 30 October 2015

Nuku'alofa, Tonga
Businesses in Tongatapu and Vava'u can now pay their PAYE tax and Consumption Tax online, thanks to a new revenue management system known as "RMS7", that was launched by the Australian Deputy High Commissioner, Ms Sophie Temby this morning, 30 October at Tonga's Ministry of Revenue and Customs office, Hala Lelue, Nuku’alofa.
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Tuesday 6 October 2015
Nuku'alofa, Tonga
The Prime Minister of Tuvalu and President of Kiribati have called for a strong and effective climate change agreement at the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) to be held in Paris at the end of this year.
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Monday 31 August 2015

Nuku'alofa, Tonga
A training program to help professional women reach leadership positions was launched in Nuku’alofa on 25 August by the Asian Development Bank in Nuku’alofa.
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Wednesday 15 July 2015
Nuku'alofa, Tonga
The economies of 14 developing member countries in the Pacific are expected to be unstable during 2015-2016, according to Pacific Economic Monitor Midyear Review, launched by the Asian Development Bank in Suva today, 15 July.
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Thursday 25 June 2015
Nuku'alofa, Tonga
An Asian Development Bank report noted that Tonga, a country of about 176 islands, is one of the most vulnerable countries in the Pacific to climate change, and that the ADB is supporting the Tongan Government's efforts to build up the country’s resilience to natural disasters and assisting with its renewable energy goals.
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Saturday 6 December 2014
Nuku'alofa, Tonga
Customers who took out loans from a Microfinance Scheme at the Tonga Development Bank held a Holiday Market Festival on December 4-5 to sell their locally made products and produce in Ma'ufanga.
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