The work to erect Tonga's first small wind turbine project on Tongatapu began with a dedication ceremony at Nakolo village on Thursday, May 9. The Tonga Power Ltd. project is expected to start operation in June.
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Thursday 9 May 2013
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Nuku'alofa, Tonga
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Thursday 9 May 2013
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Neiafu, Vava'u
Vanilla growers in Tonga are being offered a partnership deal with an Australian family-owned food company, Queen Fine Foods, to help develop the production of high-quality Tongan vanilla in return for supply.
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Wednesday 8 May 2013
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Nuku'alofa, Tonga
A draft Employment Relations Bill 2013 is being discussed in Nuku'alofa introduced by a Government convinced that there are important provisions that need to be legislated soon to safeguard fundamental rights. Some business owners questioned how fair the bill will be for those involved, its costs and impact on businesses who are already struggling in a weak economy, while others supported it. By Linny Folau
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Wednesday 8 May 2013
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Nuku'alofa, Tonga
An ill-timed move by government to enact an Employment Relations Bill 2013 will cripple businesses with extra costs and reduce employment, according to the Tonga Chamber of Commerce and Industry Inc., who this week are facing a growing confrontation with Tonga's Minister of Labour, the International Labour Organisation (ILO) and hardliners in Tonga's Public Service Association.
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Tuesday 7 May 2013
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Nuku'alofa, Tonga
Twenty-two schools in Tonga will participate in the annual “Youth in Business Challenge” to win prizes that include a fully-paid five day trip to New Zealand and a $3000 pa'anga investment.
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Monday 6 May 2013
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Nuku'alofa, Tonga
The National Reserve Bank of Tonga is running out of ideas on how to encourage commercial banks to lend more money at a time when the Tongan economy is very weak, the Reserve Bank Governor Siosi Mafi said on Friday May 3 when she presented the Monetary Policy Statement for the end of February.
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Monday 29 April 2013
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Nuku'alofa, Tonga
Tonga's first small wind turbine project is expected to start operation in mid-May at Nakolo village, in a Tonga Power Ltd project that aims to collect data and prove experience in wind generation.
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Wednesday 24 April 2013
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Tokyo, Japan
Tongan vanilla beans and products processed by Heilala Vanilla will be introduced to the Japanese market after they were displayed for the first time at the World Food and Beverage Expo 2013 in Tokyo in April.
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Thursday 18 April 2013
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Nuku'alofa, Tonga
Four young entrepreneurs have won $1,900 seed capital for building their business plan, in a competition for business investment capital.
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Thursday 18 April 2013
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Nuku'alofa, Tonga
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.
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Monday 15 April 2013
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Nuku'alofa, Tonga
Tonga's electricity price will increase by 8.78 seniti tomorrow, April 16, John van Brink, the CEO for Tonga Power Ltd announced today.
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Sunday 14 April 2013
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Nuku'alofa, Tonga
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.
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Thursday 11 April 2013
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Nuku'alofa, Tonga
Official Foreign Reserves held by the National Reserve Bank of Tonga have decreased for the first time in five months. The official reserve for the month of February was T$258 million. This is $2.3 million less than the reserve of $260 Million for January.
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Wednesday 27 March 2013
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Nuku‘alofa, Tonga
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.
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Wednesday 27 March 2013
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Nuku'alofa, Tonga
Tonga’s Energy Road Map will get a $6.5 Million boost from the European Union over the next three months after a deal was signed between the European Union and the Tongan Government at Pacific Energy Summit in Auckland on Monday March 25.
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Wednesday 27 March 2013
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Nuku'alofa, Tonga
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.
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Friday 22 March 2013
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Nuku'alofa, Tonga
The Government of Japan has committed $2.95 million pa'anga for the installation of a micro-grid control system at the Maamai Mai Solar Farm and a 1 mega-watt photovoltaic generator at Vaini to help Tonga's Energy Road Map move forward.
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Thursday 21 March 2013
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Nuku'alofa, Tonga
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.
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Monday 18 March 2013
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Nuku'alofa, Tonga
The price of motor fuel in Tonga went up sharply today, when the Ministry of Commerce, Tourism and Labour approved an increase in the price of fuel for March-April, increasing prices for a second month in a row.
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Monday 4 March 2013
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Nuku'alofa, Tonga
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.
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