Results for Business

Demand for vehicles in Tonga is continuing to increase, while traffic jams and queues grow longer every month in the capital Nuku'alofa.

Countries in Oceania are ranked among the most expensive broadband services in the world according to a worldwide ranking compiled by a UK survey. Tonga was not ranked among the 13 Oceania countries surveyed due to limited information available.

A two-day Holiday Market Festival opened this morning displaying and selling Tongan crafts and mats from Ha’apai, ‘Eua, Vava’u and Tongatapu at the Tonga Development Bank compound in Nuku’alofa as part of a microfinance scheme to assist and empower vulnerable people.

New financial knowledge and skills have been developed in the Pacific Islands over the last seven years following initiatives by banks to broaden access to financial services for many more people. Ressa Price, the ANZ regional Executive Director for the Pacific, visiting Tonga on November 16, released a report on the the impact of the bank's MoneyMinded program that was launched in 2010 in a number of Pacific Islands countries,

HM King Tupou VI accompanied by Queen Nanasipau’u commissioned a new 2-megawatt solar farm Matatoa, the largest in Tonga on October 19.

The World Bank is convinced that its Pacific Possible PP initiatives will boost economic growth in the Pacific Island Countries PIC over the next 25 years.

New petroleum prices approved by the Tonga competent Authority, have seen significant increases across Kerosene, Diesel and Petrol. The increases have been approved for mid-September to mid-October, effective from 16 September.

An Internet outage on Thursday, 31 August, caused internet disruptions for customers of Tonga Communications Corporation (TCC), who were unable to access websites such as Google, Gmail and Yahoo and also experienced slow connections.

Only two countries in the Asia and Pacific region made this year's top ten list of the world's best solar-energy countries, ranked by the SolarSuperState Association. Japan was third and Australia ninth. So far, Tonga has not been ranked this year due to a lack of current information.