Introducing a new Malaysian building material to Tonga—asbestos free cement—were Lee Chong Poh and James Tang, of the UAC Berhard, of Kuala Lumpur, Malaysia. It was their first visit to Tonga. Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Sunday 20 December 1998
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Nuku‘alofa, Tonga
The Tonga Development Bank introduced a Venture Capital Scheme in 1993, but that is now on hold according to ‘Etikeni Samani, a senior assistant manager in human resource development and administration. From Matangi Tonga Magazine Vol. 13, no. 4, December 1998.
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Thursday 1 October 1998
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Nuku‘alofa, Tonga
The value of the Tongan pa‘anga has continued to drop against the currencies of Tonga’s major trading partners during the past eight months.
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Saturday 26 September 1998
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Nuku‘alofa, Tonga
Tonga’s National Reserve Bank wants Tongans to cut down on overseas spending to slow the decline of the foreign reserves, and on September 14 announced new measures to restrain bank lending.
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Monday 27 April 1998
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Niuafo'ou, Tonga
Tonga Telecommunications opened its new domestic satellite system, DOMSAT, to link Tongatapu, Ha‘apai, Vava‘u, Niuatoputapu and Niuafo‘ou in February 1998.
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