You are here

Results for Tonga economy

Tuesday 7 February 2017

Nuku'alofa, Tonga
Describing economic globalization as a double-edged sword that should be viewed comprehensively, China's President Xi Jinping said in Davos in January that we should pay attention to its deficiency but "not give up eating for fear of choking" or simply attribute the problems like the financial crisis and refugees to globalization, let alone protectionism. China views globalization's general trend as right. In May this year, China will host the “Belt and Road Forum for International Cooperation” in Beijing to discuss ways to boost cooperation, build cooperation platforms and share cooperation outcomes. By H.E. Huang Huaguang.
Tuesday 26 July 2016

Nuku'alofa, Tonga
Tonga and China are discussing trade, but there’s stiff competition to sell products in China. “You have to promote how good your products are,” a Chinese trade official Mr Jiang Shan told Tongan Journalists at China’s Ministry of Commerce in Beijing in June. By Finau Fonua
1 comment
Friday 15 July 2016

Nuku'alofa, Tonga
A goal of year round agricultural harvesting of top quality organic vegetables is within reach for Tonga, except that farmers need to understand just how valuable pig shit really is in order to achieve this. A remarkable method of “biogas farming” using pigs and their waste to produce high yield top quality produce could transform subsistence farming incomes. It’s been demonstrated that a properly run biogas farm in Tonga can earn $200,000 or more a year - yet the opportunity is not being fully realized. By Eleanor Gee
Tuesday 7 June 2016
Nuku'alofa, Tonga
The Tonga Government's biggest budget of $545.1 million pa’anga for the 2016-2017 financial year was tabled into parliament this morning, 7 June, by the Minister of Finance and National Planning, Hon. ‘Aisake Eke.
Node is premium Premium content
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.
Node is premium Premium content
Friday 27 February 2015

Nuku'alofa, Tonga
Tonga’s very low economic growth rate means that employment, particularly for young people, cannot be realised, and new investment is needed in order to create new opportunities, the World Bank Vice President for East Asia and Pacific, Axel van Trotsenburg said in Nuku‘alofa yesterday, February 26.
1 comment
Node is premium Premium content
Friday 9 January 2015
Nuku'alofa, Tonga
Running a business in Tonga is getting harder, according to a new World Bank report titled “Doing Business 2015”. The annual report assesses the “ease of doing business” in countries across the world. Tonga's ranking was dragged down by poor ratings for property registration, difficulties in resolving insolvency and poor shareholder rights.
Node is premium Premium content
Monday 29 September 2014
Nuku'alofa, Tonga
The inflation rate for the month of August this year 2014 was almost three times higher than the inflation rate for the month of August last year 2013.
1 comment
Node is premium Premium content
Thursday 25 September 2014
Nuku'alofa, Tonga
An August completion report by the Asian Development Bank (ADB) has indicated challenges facing privatization and fiscal sustainability in Tonga.
Thursday 3 April 2014
Nuku'alofa, Tonga
The Tongan economy is expected to rebound during the 2014 Financial Year, according to the Asian Development Bank Economic Outlook for 2014.
Node is premium Premium content
Wednesday 23 December 2009
Nuku'alofa, Tonga
As an economic slowdown continues, the National Reserve Bank of Tonga has offered SDR relief for commercial banks, to encourage them to reduce interest rates for customers.
Node is premium Premium content
Tuesday 11 November 2008
Nuku'alofa, Tonga
Tonga's Minister of Finance, Hon. Afu'alo Matoto believes that elected Cabinet Ministers could abuse their authority if there is no strong Public Service in place to check and advise them during Tonga's political reform. By Pesi Fonua
Node is premium Premium content
Saturday 30 September 2000

Nuku‘alofa, Tonga
The saying that one can’t see the wood for the trees, is so appropriate to our situation in Tonga today. It has been pointed out numerous times, and we can see it with our own eyes, that we are blessed with a good country, where the weather is hospitable, and the soil is so fertile that plants can grow even in the sand. From Matangi Tonga Magazine Vol. 15, no. 3, September 2000.
Node is premium Premium content
Thursday 1 July 1999

Nuku'alofa, Tonga
This year government cut its Budget to pay for the retirement and holiday travelling of public servants. It was more important for government to keep the 4,500 public servants happy, than to allocate funds to boost exports and to prop up the value of the pa‘anga. From Matangi Tonga Magazine Vol. 14, no. 3, July 1999.
Node is premium Premium content
Saturday 4 July 1998

Nuku‘alofa, Tonga
Since the Tonga Legislative Assembly began its 1998 session on May 18, it has yet to put together a package to revive the Tongan economy. During the past three years the economy has experienced negative growth, a decline which is expected to continue unless an aggressive revival program is put into place soon. Matangi Tonga Magazine Vol. 13, no. 2, July 1998.
Node is premium Premium content