Results for Business

A two-days workshop on Emerging Global and Regional Trade Issues for the Commonwealth Pacific Region began at the Scenic Hotel, Pelehake, Tongatapu this morning 12 November.

Tonga has accumulated a Foreign Reserve of $311.7 million pa’anga at the end of September, while its domestic inflation rate was 3.2% for September, according to the latest figures on the National Reserve Bank of Tonga website.

Tonga’s initiative to open up a new export market for Tongan squash in China could lead to first shipments as early as next season (2016) – if the Chinese government is satisfied that Tonga’s produce does not present a “high risk” for food safety and biosecurity - and that means that Tonga's produce has to be clean to a high standard, throughout the growing, packing and export process.

Looking at the possibility of opening up a new market for Tongan squash exports to China, a delegation of quarantine officials from China arrived in Tonga today on an exploratory visit, at the invitation of the Ministry of Foreign Affairs, supporting an initiative of Tongan squash exporters.

Prices for petrol, diesel and kerosene in Tonga will increase starting on Friday, 16 October.

Tonga’s future is not on land but in its marine area on the continental shelf, and “we want to help Tonga tap into the Blue Economy,” said Deodat Maharaj, the Commonwealth Deputy Secretary-General, during his one-day stop over in Tonga on 15 September. By Pesi Fonua

Energy efficient lights and air conditioning units were today received by the Tonga government to help reduce the consumption of electricity.

Prices for petrol, diesel and kerosene in Tonga will decrease for September to October.

Member states of a Commonwealth Virtual Currencies Working Group, including Tonga, reached a consensus to consider adapting or enacting new legislation to regulate virtual currencies, in London last week.