Results for Business

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.

Male staff of Westpac Bank of Tonga have committed to eliminating violence against women by wearing the white ribbon.

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.