Results for Business

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.

Communications costs in Tonga are under pressure as the Tonga Government aims to collect more than $10 million pa'anga revenue from the communications and public enterprises sector in the current financial year.

The MV Maohi an oil tanker which transports fuel in bulk to the Pacific region from Singapore, visited Nuku'alofa for the first time, this afternoon, as part of an effort by government to help cut down the price of fuel by having it transported directly from Singapore to Tonga.

Tonga's first solar farm named "Maama Mai" or "Let there be light" was opened this morning, July 24, by King Tupou VI, at the Popua Power Station and is expected to start operation in early August.