Results for Business

On June 24, in Abu Dhabi, IRENA and the Kingdom of Tonga will hold an official Signing Ceremony of the IRENA Abu Dhabi Declaration on the Tonga Energy Road Map 2010-20. The ceremony is an important milestone in the successful, on-going partnership between IRENA and the Pacific Kingdom. That partnership has resulted in Tonga going from being almost 100% dependent on imported diesel for electrical generation, to having one of the most ambitious energy plans in the world.

The popular Billfish Bar and Restaurant on the Nuku'alofa waterfront celebrated its 15th birthday on May 4.

A house fire caused by a candle razed a home situated beside the Janfull International Dateline Hotel at around 4:00 am this morning, March 10. Fortunately, the occupants including a mother and her one-year-old baby escaped without injuries.

Tonga's official Foreign Reserves held by the National Reserve Bank of Tonga for March rose by $2 million pa'anga to $155.5 million due to an official grant from the Asian Development Bank.

A call for tenders for a management contract for Tonga's new interim ferry, the Ajang Subuh, will be made tomorrow by the Ministry of Public Enterprise who expect the inter-island ferry to arrive from Malaysia on April 16.

Tonga's Foreign Reserves fell by $7.3 million to $153.5 million in February, mainly due to a large official capital outflow that was used for the repayment of foreign currency loans.

The price of electricity will go up by 3.75 seniti to 86.89 seniti per kWh, starting this month, February 2010.

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.

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.