Results for Business

Thousands of old car bodies stockpiled in Nuku'alofa's Pili Quarry will be crushed and baled for export over the next month, thanks to an initiative by a Tongan businesswoman, 'Ofa Tu'ikolovatu and her husband, whose recycling company has hired a $4 million crushing and baling machine and shipped it to Tonga for the work.

The Friendly Islands Bookshop today moved back to the Tungi Colonnade building in the Nuku'alofa Central Business District, exactly six-years to the day since the riots and fire on November 16, 2006 destroyed the shop, warehouse and stock amounting to $1.2 million pa'anga in unrecoverable losses.

Nautilus Minerals Inc. has discovered two new high-grade, Seafloor Massive Sulfide systems in its tenements in the territorial waters of Tonga.

Tonga has abundant food but it does not balance with our efforts to be active, and much fertile land was neglected, HM King Tupou VI said in opening Tongatapu's two-day Royal Agricultural Show 2012 at the Manamo'ui grounds in 'Atele, this afternoon Friday October 19. He urged Tongans to increase the acreage of land farmed from around 12 percent to make 50 percent of the land productive.

SPBD Microfinance has opened a new office in Pangai, Ha'apai, its third branch in Tonga, providing unsecured credit to low-income families.

King Tupou VI will open the 'Eua Royal Agricultural Show 2012 at the Malau 'o Vailahi grounds in Angaha, tomorrow Friday October 12.

The first Royal Agricultural Show 2012 was opened by Crown Prince Tupouto'a 'Ulukalala at Lea'aetohi grounds in Pangai on Friday, October 5.

As the harvesting season for sea cucumbers draws to a close on September 30, a total of 10 licenses have been issued to local operators for export.

Tonga's Retirement Benefits Fund Board faces uncertainties after half of its elected directors have left the board. One resigned after a criminal conviction and now two other directors have been told to leave after their employer, Tonga Power Ltd., opted out of the fund for a year.