Tonga has been ranked among the Pacific region's top performers for implementing business reforms over the last year, according to a World Bank Group annual report, however, the reason for the ranking is being questioned by those who look at business performance in Tonga.
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Results for Business
Tuesday 5 November 2013
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Nuku'alofa, Tonga
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Friday 1 November 2013
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Nuku'alofa, Tonga
Digicel Tonga Ltd. is looking to take the usage of mobile internet technology to a new level in Tonga, by linking its services to Tonga's new submarine fibre optic cable, launching its service today, November 1. The mobile phone and internet company has leased fibre capacity from Tonga Cable Ltd., becoming the second carrier after the fibre was launched on 21 August 2013.
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Thursday 17 October 2013
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Nuku'alofa, Tonga
Cheaper fuel prices have been announced for mid-October to mid-November. The prices of Petrol, Kerosene and Diesel have all decreased compared to the prices approved for the last monthly period mid-September to mid-October.
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Saturday 5 October 2013
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Nuku'alofa, Tonga
The Tongan economy will grow by only 0.3% in 2014, according to the Asian Development Bank Outlook ADO Update 2013 that was published this week. Tonga’s economic growth has been on a downward spiral since 2011.
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Monday 30 September 2013
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Nuku'alofa, Tonga
Twenty-three Tongan graduates, including current fruit pickers under the Recognised Seasonal Employer Scheme to New Zealand, received their National Certificate in Horticulture during an inaugural graduation ceremony held last week, at the Tonga Maritime Polytechnic Institute compound in ‘Anana, Tonga. Photos by Linny Folau.
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Friday 27 September 2013
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Nuku'alofa, Tonga
The Asian Development Bank ADB is providing a USD$4.5 million grant to finance Tonga's efforts to achieve fiscal stability and to improve its long-term economic growth prospects.
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Wednesday 25 September 2013
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Nuku'alofa, Tonga
The power distribution network of villages in Tongatapu will be upgraded in the continuation of a Tonga Village Network Upgrade Project funded by New Zealand with $32 million pa’anga, its single biggest energy commitment in the Pacific to date.
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Tuesday 24 September 2013
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Nuku'alofa, Tonga
A one million pa'anga grant fund for tourism and manufacturing business development was launched by the Tonga government in Neiafu, Vava‘u on 20 September, and again in Nuku‘alofa on 23 September 2013.
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Monday 23 September 2013
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Nuku'alofa, Tonga
Ten line staff from the Tonga Power Ltd have won employment contracts with New Zealand’s Northpower Ltd. after completing a two-weeks recruitment boot camp. The group, including one woman, who are expected to migrate with their families in November this year have been called “professionals” and “great ambassadors for Tonga”.
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Wednesday 18 September 2013
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Nuku'alofa, Tonga
New fuel prices announced for September-October will see a decrease in the price of petrol for the first time in months. Prices for diesel and kerosene, however, continue to rise.
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Monday 16 September 2013
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Nuku'alofa, Tonga
Liahona High School and Tupou Tertiary Institute won the Youth in Business Challenge 2013 for setting up trial businesses to make caramel popcorn and marketing services.
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Friday 13 September 2013
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Nuku'alofa, Tonga
Leta Havea Kami has been appointed as the new Managing Director and Chief Executive Officer of the Tonga Development Bank (TDB) and the first woman to take up the position, effective from September 2.
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Thursday 12 September 2013
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Nuku'alofa, Tonga
Five energy efficiency projects expected to be implemented in Tonga next year will include the installations of energy efficient lamps in government buildings, homes and replacing existing inefficient street lights.
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Monday 2 September 2013
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Nuku'alofa, Tonga
The Westpac Bank of Tonga closed down its branches in Ha‘apai and ‘Eua as it teams up with the Tonga Development Bank to deliver its banking services to customers in both the outer islands, effective today September 2.
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Friday 30 August 2013
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Nuku'alofa, Tonga
Ten Tonga Power Ltd. lines staff left for New Zealand today to undergo a two-weeks evaluation boot camp in East Tamaki with a view to winning employment contracts with Northpower Ltd.
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Saturday 24 August 2013
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Nuku‘alofa, Tonga
The Tonga Energy Road Map (TERM), an agency that was established by the Tongan Cabinet in 2011 to implement Tonga's ten-year multi-million renewable energy planning, has not come under the government's budget for 2013-14.
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Friday 16 August 2013
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Nuku'alofa, Tonga
The Ministry of Commerce, Tourism and Labour has approved new petroleum prices for the next month from mid-August to mid-September. Retail prices for petroleum were significantly higher when compared to petroleum prices approved for mid-July to mid-August.
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Wednesday 14 August 2013
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Nuku'alofa, Tonga
Tonga’s high speed internet goes live on Wednesday, August 21, with the commissioning by King Tupou VI of the project at the Tonga Cable Ltd station in Sopu.
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Friday 2 August 2013
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Nuku'alofa, Tonga
The Tonga Chamber of Commerce and Industry Inc. elected its council for 2013-14, and there was no contest for the nominations at its Annual General Meeting in Nuku'alofa, last night.
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Monday 22 July 2013
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Nuku'alofa, Tonga
A top priority for Tonga is a reduction in the size of its public service and a reduction of the wage bill to 45%, from the current height of about 75% of the government's annual budget, a new economic report by the Asian Development Bank recommends. It also recommended for government to appoint an Anti-corruption Commissioner.
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