Results for Business

Tongan agricultural exporters, Nishi Trading have started trialling air freight shipments of produce, an approach to ensure that fresh quality exports reach customers and markets in New Zealand.

The new petroleum prices for August - September will significantly increase from tomorrow Friday 18 August. The Ministry of Trade and Economic Development said that the increase in the price of all grades in Tonga this month is due to the annual review price rise combined with higher international product prices.

Although Tonga's economy is rebounding strongly from a major double shock in early 2022, Tonga is confronting important challenges to long-term growth posed by sustained worker outflows and increasingly frequent natural disasters, says the International Monetary Fund.

Two Deputy Governors were appointed for the National Reserve Bank of Tonga, approved by the Reserve Bank Board of Directors on 21 July.

USP Tonga won the cyber security incident response challenge, known as ‘Capture the Flag’, which was held by Tonga's Computer Emergency Response Team (CERT) and Australia, as part of Tonga’s Cyber Resilience Week.

Repairs on the domestic submarine cable system connecting Tongatapu to Ha’apai and Vava’u were completed and back in service on Wednesday night, 12 July, after it was destroyed by the Hunga-Tonga Hunga-Ha’apai volcanic eruption in January 2022. Over 108 kilometers of cable was used for the repair.

King Tupou VI and Queen Nanasipau'u toured the Royal Agricultural, Fisheries, Tourism and Trade Show at the Mala’e Niu’eiki at Angaha, ‘Eua, despite the rainy weather and muddy environment, on Saturday 17 June 2023.

The new petroleum prices for June to July will decrease effective from Monday, 19 June.

The Regional Director for the Asia-Pacific division at the International Fund for Agricultural Development (IFAD), Reehana Rifat Raza, made an inaugural visit to Tonga this week, after taking up her position on 20 May 2022.  She said that the two-day visit, underscored IFAD's commitment to expanding its engagements with its portfolio in the Asia-Pacific region, with Tonga, Fiji and Kiribati being a focal point of interest.