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Thursday 8 August 2019

Auckland, New Zealand
Tevita Funaki is the newly appointment Chairperson of the Pacific Business Trust in New Zealand.
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Monday 29 July 2019

Nuku'alofa, Tonga
A seven member Tongan delegation attended the 25th Session of the International Seabed Authority (ISA) meeting in Kingston, Jamaica, from 15-26 July, to discuss and formulate a seabed mining code and other matters. Tonga presented a discussion paper on issues related to Small Island States and sharing of financial proceeds from mining of deep seabed minerals.
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Saturday 27 July 2019

Nuku'alofa, Tonga
The opportunities for Tongans to get a better paid job in New Zealand and Australia under New Zealand’s Recognised Seasonal Employer Scheme (RSE) and Australia’s Seasonal Workers’ Program (SWP) has been hailed as a blessing by family members and the government, but at the same time it is regarded as a stumbling block to local Private Sector growth. Local Tongan businesses that can't compete with the overseas pay rates are experiencing shortages of semi skilled and skilled labour. By Pesi Fonua.
Thursday 18 July 2019

Nuku'alofa, Tonga
Tonga’s first large scale Battery Energy Storage System to be built at the Popua Power Station is expected to be operational in May 2020, contributing to Tonga’s 50% Renewable Energy target.
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Tuesday 16 July 2019

Nuku'alofa, Tonga
The construction of a multi-storey building on the Nuku‘alofa waterfront by a new entity the “Oriental Investment Development Bank” has been quietly proceeding following a ground breaking ceremony on April 4. But according to Tongan regulators, the bank does not hold a licence to operate a bank in Tonga. By Pesi Fonua.
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Thursday 11 July 2019

Nuku'alofa, Tonga
HM King Tupou VI switched on Tonga’s first wind farm, named Ii ‘o Manu Mataongo at Niutoua yesterday, 10 July. The 1.375 megawatt wind farm powered by five wind turbines, was built under a $42 million pa’anga Japanese aid project.
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Monday 24 June 2019

Brisbane, Australia
A new Tonga business, Pacific Sunshine Fishing Brisbane has begun importing fish from Tonga to the Queensland market. Tongan entrepreneur, Kristian Palu started the business to offer high-quality fish from Tonga to both Brisbane and the Sunshine Coast.
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Saturday 8 June 2019

Nuku'alofa, Tonga
A cheque for $7.5 million pa'anga was paid to the Tonga Development Bank from the Public Service Retirement Fund Board (PSRFB) for its purchase of a 15% shareholding in the government-owned bank, increasing the number of shareholders to three.
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Thursday 6 June 2019

Nuku'alofa, Tonga
A $5 million grant has been approved by the Asian Development Bank (ADB) to continue helping Tonga strengthen its fiscal position on June 6. The funds will be released after Tonga adopts prudent policies and better public financial management, aiming to improve Tonga’s business climate with policy, regulator and public enterprise reforms.
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Tuesday 4 June 2019

Nuku'alofa, Tonga
An extreme explorer expedition in Tonga is aiming to become the first to dive and explore the Horizon Deep within the Tonga Trench. This week the Five Deeps Expedition aims to find out if the Tonga Trench is only the second-deepest in the Pacific or if it might be actually deeper than the Mariana Trench.
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Tuesday 28 May 2019

Nuku'alofa, Tonga
The Tongatapu Royal Agriculture, Fisheries and Tourism Trade Show this year will be held a month earlier than usual, on Saturday, June 22, to be followed by the outer islands shows.
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Friday 17 May 2019

Nuku'alofa, Tonga
The price of petrol, kerosene, and diesel has increased for May-June starting yesterday, 16 May 2019. Wholesale petrol, kerosene and diesel increased by 11.61 seniti/litre, 5.51 seniti/litre and 4.71 seniti/litre respectively.
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Friday 3 May 2019

Nuku'alofa, Tonga
Tonga's Energy Minister Hon. Poasi Tei in Beijing, China, recently thanked the Government of China for donating the 2.25 Megawatt wind power station in Tongatapu under the Belt and Road Initiatives. Tonga is one of the 29 global membership of BREP, and the only representative from the Pacific.
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Tuesday 30 April 2019

Nuku'alofa, Tonga
Although Tonga’s inflation rate dropped last year to 5.3% it remains the highest inflation rate of the 14 Pacific Islands members of the Asian Development Bank. By Pesi Fonua.
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Monday 29 April 2019

Geneva, Switzerland
The use of new technology to facilitate trade and address food safety was discussed at the International Forum on Food Safety and Trade held on 23-24 April, by the World Trade Organization (WTO) in Addis Ababa.
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Wednesday 17 April 2019

Nuku'alofa, Tonga
A three days workshop on the World Trade Organization Notification Requirements began in Nuku’alofa on 15 April, with the aim of assisting Tongan officials to understand necessary notification processes. “I think Tonga should be able to fulfil its obligation, and we hope that after this workshop, Tonga clears the backlog that it has got,” said Dr Edwini Kessie, a WTO official.
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Friday 22 March 2019

Nuku'alofa, Tonga
Eight fishing boats donated to Tonga from Dongguan Municipality in China in January this year, were returned when officials discovered, after inspecting the vessels, they were of a low quality and none were up to standard. However, China has provided funds to build the new fishing boats here in Tonga.
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Friday 22 March 2019

Nuku'alofa, Tonga
The New Zealand owned Scenic Hotel in Tonga pulled down its sign this morning in an unannounced and unexplained shock closure of its Fua'amotu hotel.
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Thursday 21 March 2019

Nuku'alofa, Tonga
A large solar plant is to be built on Tongatapu to start operating by 2020, after a Power Purchase Agreement was signed with Sunergise New Zealand Limited on March 21, in Nuku'alofa. It is to be built over three interconnected sites at Fahefa, Fualu and Liukava.
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Monday 18 March 2019

Nuku'alofa, Tonga
Consumers will pay more for petrol, kerosene, and diesel with new prices approved by the Tonga Competent Authority, starting today, 18 March.
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