Results for Business

Although Tonga lacks real statistics on the economic cost of domestic violence, the cost of the crime to the country is huge. Awareness is the key, and it is not easy to estimate the cost of family violence unless we all come out and talk about it, Siosi Mafi, the Governor of the National Reserve Bank of Tonga said on April 17.

Tonga's Fisheries Sector is to be exempted from the 15 percent Consumption Tax on sales, the Prime Minister, Lord Tu'ivakano told a gathering at Tu'imatamoana Wharf on Tuesday, 9 April.

Future projections for Tonga’s current debt crisis are not looking good, with an ever-rising tide of debt repayments visible over the next three years, leading to concerns that the government will be unable to maintain basic services.

The Tongan economy is stuck in a "development trap", according an International Monetary Fund (IMF) report on the current state of the Tongan economy that was released on Monday, March 25.

A two-day Pacific Leaders Energy Summit started in Nuku'alofa today, with eight leaders sharing experiences, while coming up with models to develop the usage of renewable energy in the Pacific.

Emigration is invaluable to Tonga if its economy is to improve, according to a new Labour Market study on the demand for skills training in Tonga.

ProComm Services, a new Help Line-Call Centre for telecommunications services in Tonga was officially launched by Princess Angelika this morning, 28 February at the Tungi Collonade, Nuku'alofa.

A new tax regime for small businesses in Tonga, offering flat tax rates on turnovers of under $100,000, has been drawn up by government in a proposed amendment to Tonga's Income Tax Act 2007.

Foreign Reserves held by the National Reserve Bank of Tonga rose by $3.6 million, from $253.7 million in November to $257.3 million in December, or 9.3 months of imports.