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Results for Business

Thursday 14 January 2010
Nuku'alofa, Tonga
Tonga's official foreign reserves for December 2009 reached $160.4 million, which was half a million pa'anga more than the November figure of $159.9 million.
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Tuesday 29 December 2009
Nuku'alofa, Tonga
A small rocket is scheduled to be launched into space from a rocket launching site on the southern tip of 'Eua during November/December 2010, according to Randa and Roderick Milliron, the founders and the major share-holders of Interorbital System IOS.
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Wednesday 23 December 2009
Nuku'alofa, Tonga
As an economic slowdown continues, the National Reserve Bank of Tonga has offered SDR relief for commercial banks, to encourage them to reduce interest rates for customers.
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Wednesday 23 December 2009
Nuku'alofa, Tonga
Mother of two, Tita Veamatahau from Ma'ufanga, was delighted yesterday when she was named as one of five lucky winners in the Western Union Christmas promotion.
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Friday 4 December 2009
Nuku'alofa, Tonga
Tonga's new Company Registration facility was launched on December 1 when the Acting Prime Minister Dr Viliami Tangi presented HRH Princess Pilolevu Tuita with the Re-registration Certificate of her company, the Friendly Islands Satellite Communications Ltd. at the International Dateline Hotel.
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Thursday 26 November 2009
Nuku'alofa, Tonga
Male staff of Westpac Bank of Tonga have committed to eliminating violence against women by wearing the white ribbon.
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Wednesday 25 November 2009
Nuku'alofa, Tonga
Tonga exported 1,600 tonnes of squash pumpkin to Japan and South Korea at the end of the 2009 squash season this week, said Minolu Nishi Jr, the President of the Tonga Squash Council.
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Tuesday 24 November 2009
Nuku'alofa, Tonga
The Tongan economy's only hope of surviving the global financial crisis is to be able to adapt and to exploit global economic changes, Tonga's Minister of Finance, Hon. Afu'alo Matoto said in his opening address of the "Tonga Update 2009" at the Fa'onelua Convention Centre, Nuku'alofa on Friday November 20.
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Tuesday 24 November 2009
Nuku'alofa, Tonga
Tongan fisheries officials fear that a new extension to the sea cucumber harvesting season and an increase in licences is going to drive the resource back a decade, when it was overfished to the point of depletion.
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Wednesday 18 November 2009
Nuku’ alofa,Tonga
IFC, a member of the World Bank Group, is helping the government of Tonga set up an electronic company registry to improve business registration procedures and support the formalization of business, in particular small and medium sized enterprises.
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Tuesday 10 November 2009
Nuku'alofa, Tonga
The Prime Minister will host a historical meeting with Development Partners on Tonga's Energy Roadmap in Neiafu, Vava'u on 16-17 November 2009. The aim of the meeting is to finalise and sign-off on "Tonga's Energy Roadmap 2010-2020", which will enable Tonga to reach its policy target of fifty percent of its power generation to be fuelled by renewable sources within three years.
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Monday 9 November 2009
Nuku'alofa, Tonga
Tonga's official Foreign Reserves fell by $2.6 million from $163.3 million in September to $160.7 million in October.
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Wednesday 28 October 2009
Nuku'alofa, Tonga
An agreement for the New Zealand Government to give Tonga a TOP$250,000 granted for the establishment of a new Business Opportunity Support Scheme BOSS, was signed by the Tongan Prime Minister, Hon, Dr Feleti Sevele and the New Zealand High Commissioner HE Ms Christine Bogle on Monday, 26 October in Nuku'alofa.
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Friday 23 October 2009
Nuku'alofa, Tonga
Tonga's Squash Industry is targeting to export a total of 1,600 tonnes of squash to Japan and South Korea, a decrease from the 2,400 tonnes exported last year.
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Monday 19 October 2009
Nuku'alofa, Tonga
Tonga does not have food insecurity or hunger but rather a problem of eating low-quality food, which causes a high rate of non-communicable diseases such as diabetes and obesity, Prince Tu'ipelehake said in opening a display of Tongan food on October 16 for International World Food Day.
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Thursday 15 October 2009
Washington, USA
In a record year for regulatory reform worldwide, most economies in East Asia and the Pacific strengthened business regulations, making them more efficient to help increase opportunities for local firms. Tonga, in particular, recorded an impressive ranking of 52 out of 183 countries, making it the leading performer in doing business in the Pacific region.
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Tuesday 22 September 2009
Nuku'alofa, Tonga
Tonga's electricity tariff will go up by 20.35 seniti per kWh, effective from the meter reading at the end of October, Peter McGill, the CEO of the Tonga Power Ltd. announced this afternoon.
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Saturday 19 September 2009
Nuku'alofa, Tonga
A company that offers small loans at village level, the South Pacific Business Development SPBD Microfinance Limited Tonga, officially launched it's operation in Tonga this week.
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Friday 18 September 2009
Nuku'alofa, Tonga
Tonga's Foreign Reserves rose by $19.8 million to a record high of $159.2 million in August, the equivalent of 6.2 months of imports of goods for Tonga.
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Wednesday 2 September 2009
Nuku'alofa, Tonga
Tonga's sole duty free enterprise, the Leiola Group Ltd is branching out from its airport duty free operation to offering its high branded products to local retailers.
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