Sustainable energy courses will be offered in the first semester of 2021 to support Tonga’s ambitious targets in achieving 70% renewable energy by 2030.
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Tuesday 21 July 2020
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Nuku'alofa, Tonga
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Tuesday 7 July 2020
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Nuku'alofa, Tonga
Tonga’s National Reserve Bank on July 1 2020 declared that Tonga’s economy would remain contracted during the current Fiscal Year due to the negative impacts of Cyclone Harold and the continuing COVID-19 restriction.
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Tuesday 7 July 2020
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Nuku'alofa, Tonga
The CoViD-19 pandemic restrictions are creating long lasting economic damage to businesses in Tonga with loss of jobs and incomes, a statement from the Tonga Chamber of Commerce and Industry revealed today. They also expect negative impacts to worsen when CoViD-19 arrives.
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Wednesday 1 July 2020
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Nuku'alofa, Tonga
The duty for fuel has been increased by the Tongan Government by 10 seniti/litre from 65 to 75 seniti/litre, resulting in the rise of petrol and diesel prices starting today 1 July.
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Saturday 27 June 2020
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Nuku'alofa, Tonga
Tonga can boost its foreign earnings significantly if we are able to export quality Tongan kava, the Prime Minister, Hon. Pohiva Tu‘i‘onetoa announced at the launching of the Tonga Kava Quality Standard on 25 June at the Ancient Tonga Centre, Fangaloto, Nuku'alofa. The two main suppliers of Tongan kava, Vava’u and ‘Eua Island, have already heavily invested in planting.
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Friday 19 June 2020
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Nuku'alofa, Tonga
A new ATM point has been opened in a busy commercial area outside of Nuku'alofa by the Bank of South Pacific, to cater for the people on the eastern and central districts in Tongatapu.
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Tuesday 9 June 2020
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Nuku'alofa, Tonga
Around 48% of businesses surveyed in Pacific Island countries, including Tonga, expect to start returning to business as usual in 2021 or later, according to the Pacific Trade Investment (PTI). Meanwhile 50% of businesses surveyed in Tonga are confident of surviving after CoViD-19.
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Thursday 21 May 2020
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Nuku'alofa, Tonga
More than 30 registered electrical contractors are attending an electrical safety and compliance workshop in Nuku’alofa this week, as Tonga rebuilds after Tropical Cyclone Harold and also installs new life saving equipment for the Health sector. The two days of training aims to avoid deaths by electrocution and to refresh contractors’ knowledge and provide new skills to ensure a reliable, safe, clean and affordable supply of energy is provided.
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Thursday 21 May 2020
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Nuku'alofa, Tonga
Digicel Group, the largest phone carrier in the Pacific Islands, with headquarters in Jamaica, announced it is working to refinance its activities and reduce its multi-billion dollar debts. The company has denied Australian reports of a deal to sell to China Mobile in the Pacific.
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Monday 18 May 2020
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Nuku'alofa, Tonga
The prices of petrol, kerosene and diesel have fallen largely in new prices effective on May 18.
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Friday 15 May 2020
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Washington DC, USA
Tonga will receive US$8.4m from the World Bank with US$5.5m allocated to improve management of its public finances, boost resilience to the effects of climate change, and provide better access to skills training for labor opportunities domestically and internationally, and US$2.9m will go towards Tonga's CoViD-19 response.
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Friday 8 May 2020
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Suva, Fiji
A Pacific tourism report on the CoViD-19 impact and recovery in the region projected NZD$3.1 billion losses if there were no tourists visiting seven Pacific Island countries, including Tonga, over a 12-month period.
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Thursday 7 May 2020
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Nuku'alofa, Tonga
A local root crop exporting company Lotopoha Export Trading, has this month signed a partnership with the Pacific Horticultural and Agricultural Market Access (PHAMA) Plus Program, that is aimed at assisting small holder growers supply consistently good export crops.
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Wednesday 6 May 2020
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Nuku'alofa, Tonga
The negative impacts of CoViD-19 will lead to a contraction in economic growth for the current fiscal year, the Governor of the National Reserve Bank of Tonga, Dr Sione Ngongo Kioa stated on 5 May, as domestic activities have already shown a slowdown.
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Tuesday 5 May 2020
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Nuku'alofa, Tonga
Tonga needs to grow its small private sector in order to find a lasting solution for the country's fiscal and development challenges, reports the International Monetary Fund (IMF). Tonga will need to address the structural constraints and main deterrents to investment.
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Monday 4 May 2020
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Manila, Philippines
A $460,000 pa’anga grant to the Government of Tonga was approved by the Asian Development Bank (ADB) on Friday, 1 May and will go towards restoring life-sustaining services following the damage from Tropical Cyclone Harold.
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Friday 1 May 2020
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Nuku'alofa, Tonga
Tonga Post staff are now wearing personal protective equipment (PPE) to sort incoming mail and packages from overseas as a precaution amid the global CoViD-19 outbreak.
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Wednesday 29 April 2020
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Nuku'alofa, Tonga
The Tonga Chamber of Commerce and Industries (TCCI) is calling on the Tongan Government to ease restrictions and provide financial support urgently, to help struggling businesses continue operating. Some businesses have shut down completely. “Currently it’s very sad out there,” said one.
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Tuesday 28 April 2020
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Nuku'alofa, Tonga
Tonga’s Official Foreign Reserve held by the National Reserve Bank was $457.5 million at the end of March, equivalent to 6.8 months of imports.
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Friday 24 April 2020
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Washington, USA
Overseas remittances are predicted to fall by 13 percent in the East Asia and Pacific region this year affecting countries such as Tonga, due to the economic crisis caused by CoViD-19, according to the World Bank. Migrant remittances to Tonga in 2019 made up 37.6 percent as a share of GDP.
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